Low & middle income vs Papua New Guinea: Final consumption expenditure (current US$), annual growth rate

Low & middle income
4.85 % change on previous year
in 2024
Papua New Guinea
14.59 % change on previous year
in 2004
Low & middle income rank
25th
Papua New Guinea rank
27th

Final consumption expenditure (current US$), annual growth rate over time

  • Low & middle income
  • Papua New Guinea
-20020196119922024

How they compare

Papua New Guinea currently reports 14.59 % change on previous year against 4.85 % change on previous year in Low & middle income, a difference of 9.74 % change on previous year.

That makes Papua New Guinea's figure about 3.0 times Low & middle income's.

The two have swapped places 18 times across 43 shared years of data; in 1962 it was Papua New Guinea ahead.

Low & middle income ranks 25th and Papua New Guinea ranks 27th of 43 groups.

Across the 5 decades both report, Low & middle income averaged higher in 3 and Papua New Guinea in 2.

Head to head by decade

Decade Low & middle income Papua New Guinea Difference Ahead
1960s 6.81 % change on previous year 10.64 % change on previous year 3.83 % change on previous year Papua New Guinea
1970s 13.6 % change on previous year 12.84 % change on previous year 0.7589 % change on previous year Low & middle income
1980s 5.48 % change on previous year 6.24 % change on previous year 0.759 % change on previous year Papua New Guinea
1990s 6.47 % change on previous year -0.7811 % change on previous year 7.25 % change on previous year Low & middle income
2000s 6.27 % change on previous year 1.3 % change on previous year 4.97 % change on previous year Low & middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (current us$), annual growth rate, Low & middle income or Papua New Guinea?
Papua New Guinea, at 14.59 % change on previous year against 4.85 % change on previous year in Low & middle income as of 2004.
What is the difference in final consumption expenditure (current us$), annual growth rate between Low & middle income and Papua New Guinea?
9.74 % change on previous year, with Papua New Guinea ahead.
How many years of comparable data are there for Low & middle income and Papua New Guinea?
43 years are reported by both, from 1962 to 2004.
How do Low & middle income and Papua New Guinea rank globally for final consumption expenditure (current us$), annual growth rate?
Low & middle income ranks 25th and Papua New Guinea ranks 27th of 43 groups.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Low & middle income vs Papua New Guinea: Final consumption expenditure (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-us-annual-growth-rate/low-and-middle-income/papua-new-guinea/

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About this data

Indicator
Final consumption expenditure (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 10,870 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.