Papua New Guinea vs Palestine: Taxes less subsidies on products (current LCU), per unit of GDP

Papua New Guinea
0.1727 current LCU per US$ of GDP
in 2024
Palestine
0.1802 current LCU per US$ of GDP
in 2024
Papua New Guinea rank
137th
Palestine rank
135th

Taxes less subsidies on products (current LCU), per unit of GDP over time

  • Papua New Guinea
  • Palestine
00.050.10.150.2196019922024

How they compare

Palestine currently reports 0.1802 current LCU per US$ of GDP against 0.1727 current LCU per US$ of GDP in Papua New Guinea, a difference of 0.0075 current LCU per US$ of GDP.

The two have swapped places 5 times across 30 shared years of data; in 1994 it was Papua New Guinea ahead.

Papua New Guinea ranks 137th and Palestine ranks 135th of 197 countries.

Across the 4 decades both report, Papua New Guinea averaged higher in 1 and Palestine in 3.

Head to head by decade

Decade Papua New Guinea Palestine Difference Ahead
1990s 0.0808 current LCU per US$ of GDP 0.0989 current LCU per US$ of GDP 0.0181 current LCU per US$ of GDP Palestine
2000s 0.1312 current LCU per US$ of GDP 0.1209 current LCU per US$ of GDP 0.0103 current LCU per US$ of GDP Papua New Guinea
2010s 0.1112 current LCU per US$ of GDP 0.1349 current LCU per US$ of GDP 0.0236 current LCU per US$ of GDP Palestine
2020s 0.155 current LCU per US$ of GDP 0.1749 current LCU per US$ of GDP 0.0199 current LCU per US$ of GDP Palestine

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per unit of gdp, Papua New Guinea or Palestine?
Palestine, at 0.1802 current LCU per US$ of GDP against 0.1727 current LCU per US$ of GDP in Papua New Guinea as of 2024.
What is the difference in taxes less subsidies on products (current lcu), per unit of gdp between Papua New Guinea and Palestine?
0.0075 current LCU per US$ of GDP, with Palestine ahead.
How many years of comparable data are there for Papua New Guinea and Palestine?
30 years are reported by both, from 1994 to 2024.
How do Papua New Guinea and Palestine rank globally for taxes less subsidies on products (current lcu), per unit of gdp?
Papua New Guinea ranks 137th and Palestine ranks 135th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Papua New Guinea vs Palestine: Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-unit-of-gdp/papua-new-guinea/west-bank-and-gaza/

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About this data

Indicator
Taxes less subsidies on products (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.