Korea vs Papua New Guinea: Gross national expenditure (current LCU), annual growth rate

Korea
2.92 % change on previous year
in 2025
Papua New Guinea
3.22 % change on previous year
in 2004
Korea rank
155th
Papua New Guinea rank
154th

Gross national expenditure (current LCU), annual growth rate over time

  • Korea
  • Papua New Guinea
-200204060196119932025

How they compare

Papua New Guinea currently reports 3.22 % change on previous year against 2.92 % change on previous year in Korea, a difference of 0.3 % change on previous year.

That makes Papua New Guinea's figure about 1.1 times Korea's.

The two have swapped places 10 times across 43 shared years of data; in 1962 it was Korea ahead.

Korea ranks 155th and Papua New Guinea ranks 154th of 185 countries.

Korea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Korea Papua New Guinea Difference Ahead
1960s 28.93 % change on previous year 12.54 % change on previous year 16.39 % change on previous year Korea
1970s 30.65 % change on previous year 10.44 % change on previous year 20.21 % change on previous year Korea
1980s 16.94 % change on previous year 7.72 % change on previous year 9.22 % change on previous year Korea
1990s 13.67 % change on previous year 9.06 % change on previous year 4.61 % change on previous year Korea
2000s 9.46 % change on previous year 7.24 % change on previous year 2.22 % change on previous year Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure (current lcu), annual growth rate, Korea or Papua New Guinea?
Papua New Guinea, at 3.22 % change on previous year against 2.92 % change on previous year in Korea as of 2004.
What is the difference in gross national expenditure (current lcu), annual growth rate between Korea and Papua New Guinea?
0.3 % change on previous year, with Papua New Guinea ahead.
How many years of comparable data are there for Korea and Papua New Guinea?
43 years are reported by both, from 1962 to 2004.
How do Korea and Papua New Guinea rank globally for gross national expenditure (current lcu), annual growth rate?
Korea ranks 155th and Papua New Guinea ranks 154th of 185 countries.
Where does this data come from?
Statizoid (derived), published as Gross national expenditure (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Papua New Guinea: Gross national expenditure (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-current-lcu-annual-growth-rate/korea-rep/papua-new-guinea/

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About this data

Indicator
Gross national expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
185 places, 8,317 data points, 1961–2025
Last refreshed

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