Nigeria vs Papua New Guinea: Liquid liabilities to GDP
Liquid liabilities to GDP over time
- Nigeria
- Papua New Guinea
How they compare
Papua New Guinea currently reports 25.1% against 24.9% in Nigeria, a difference of 0.2%.
The two have swapped places 1 time across 48 shared years of data; in 1973 it was Papua New Guinea ahead.
Nigeria ranks 170th and Papua New Guinea ranks 169th of 186 countries.
Across the 6 decades both report, Nigeria averaged higher in 1 and Papua New Guinea in 5.
Head to head by decade
| Decade | Nigeria | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.4% | 28.6% | 10.2% | Papua New Guinea |
| 1980s | 13.4% | 32.9% | 19.5% | Papua New Guinea |
| 1990s | 12.3% | 34.3% | 22.0% | Papua New Guinea |
| 2000s | 15.6% | 30.8% | 15.1% | Papua New Guinea |
| 2010s | 23.8% | 27.8% | 3.9% | Papua New Guinea |
| 2020s | 25.2% | 25.1% | 0.2% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher liquid liabilities to gdp, Nigeria or Papua New Guinea?
- Papua New Guinea, at 25.1% against 24.9% in Nigeria as of 2020.
- What is the difference in liquid liabilities to gdp between Nigeria and Papua New Guinea?
- 0.2%, with Papua New Guinea ahead.
- How many years of comparable data are there for Nigeria and Papua New Guinea?
- 48 years are reported by both, from 1973 to 2020.
- How do Nigeria and Papua New Guinea rank globally for liquid liabilities to gdp?
- Nigeria ranks 170th and Papua New Guinea ranks 169th of 186 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.