Discrepancy in expenditure estimate of GDP in Papua New Guinea
Papua New Guinea: Discrepancy in expenditure estimate of GDP was 0 current LCU in 2004. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Papua New Guinea recorded 0 current LCU for discrepancy in expenditure estimate of gdp in 2004.
Over the whole period, discrepancy in expenditure estimate of gdp in Papua New Guinea peaked at 14.50 million current LCU in 1982 and was at its lowest, -24.60 million current LCU, in 1976.
That places Papua New Guinea 77th out of 186 countries with data for 2004, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 500,000 current LCU | — |
| 1962 | 400,000 current LCU | -20.0% |
| 1963 | -300,000 current LCU | -175.0% |
| 1964 | -600,000 current LCU | +100.0% |
| 1965 | 200,000 current LCU | -133.3% |
| 1966 | 100,000 current LCU | -50.0% |
| 1967 | -500,000 current LCU | -600.0% |
| 1968 | -1.10 million current LCU | +120.0% |
| 1969 | -100,000 current LCU | -90.9% |
| 1970 | 800,000 current LCU | -900.0% |
| 1971 | 4.00 million current LCU | +400.0% |
| 1972 | 4.40 million current LCU | +10.0% |
| 1973 | -5.00 million current LCU | -213.6% |
| 1974 | -10.40 million current LCU | +108.0% |
| 1975 | -11.20 million current LCU | +7.7% |
| 1976 | -24.60 million current LCU | +119.6% |
| 1977 | 4.00 million current LCU | -116.3% |
| 1978 | -8.50 million current LCU | -312.5% |
| 1979 | -10.90 million current LCU | +28.2% |
| 1980 | -11.80 million current LCU | +8.3% |
| 1981 | 9.20 million current LCU | -178.0% |
| 1982 | 14.50 million current LCU | +57.6% |
| 1983 | 100 current LCU | -100.0% |
| 1984 | 300 current LCU | +200.0% |
| 1985 | -100 current LCU | -133.3% |
| 1986 | -100 current LCU | -0.0% |
| 1987 | -200 current LCU | +100.0% |
| 1988 | -100 current LCU | -50.0% |
| 1989 | 99,900 current LCU | -100000.0% |
| 1990 | 100,000 current LCU | +0.1% |
| 1991 | 0 current LCU | -100.0% |
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 0 current LCU | — |
| 1995 | 0 current LCU | — |
| 1996 | 100 current LCU | — |
| 1997 | 0 current LCU | -100.0% |
| 1998 | 1,900 current LCU | — |
| 1999 | 0 current LCU | -100.0% |
| 2000 | 0 current LCU | — |
| 2001 | 0 current LCU | -100.0% |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -155,556 current LCU | -1.10 million current LCU | 500,000 current LCU | 9 |
| 1970s | -5.74 million current LCU | -24.60 million current LCU | 4.40 million current LCU | 10 |
| 1980s | 1.20 million current LCU | -11.80 million current LCU | 14.50 million current LCU | 10 |
| 1990s | 10,200 current LCU | 0 current LCU | 100,000 current LCU | 10 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 5 |
Countries ranked near Papua New Guinea
- 74 Senegal 0.0293 current LCU compare
- 75 Ethiopia 0.0112 current LCU
- 76 Greenland 0 current LCU
- 77 Albania 0 current LCU compare
- 77 Angola 0 current LCU
- 77 Armenia 0 current LCU compare
- 77 Belgium 0 current LCU compare
- 77 Benin 0 current LCU compare
- 77 Bolivia, Plurinational State of 0 current LCU compare
- 77 Brazil 0 current LCU compare
- 77 Bulgaria 0 current LCU compare
- 77 Burkina Faso 0 current LCU compare
- 77 Colombia 0 current LCU compare
- 77 Comoros 0 current LCU compare
- 77 Croatia 0 current LCU compare
- 77 Czechia 0 current LCU compare
- 77 Denmark 0 current LCU compare
- 77 Ecuador 0 current LCU compare
- 77 Egypt 0 current LCU compare
- 77 Eswatini 0 current LCU
- 77 Georgia 0 current LCU compare
- 77 Germany 0 current LCU compare
- 77 Guinea-Bissau 0 current LCU compare
- 77 Hong Kong, China 0 current LCU
- 77 Hungary 0 current LCU compare
- 77 Iceland 0 current LCU compare
- 77 Israel 0 current LCU compare
- 77 Japan 0 current LCU compare
- 77 Latvia 0 current LCU compare
- 77 Macau, China 0 current LCU compare
- 77 Malawi 0 current LCU
- 77 Malta 0 current LCU compare
- 77 Mauritania 0 current LCU compare
- 77 Morocco 0 current LCU compare
- 77 Netherlands 0 current LCU compare
- 77 Panama 0 current LCU compare
- 77 Peru 0 current LCU compare
- 77 Poland 0 current LCU
- 77 Portugal 0 current LCU compare
- 77 Romania 0 current LCU compare
- 77 San Marino 0 current LCU
- 77 Slovakia 0 current LCU compare
- 77 Slovenia 0 current LCU compare
- 77 Spain 0 current LCU compare
- 77 Sweden 0 current LCU compare
- 77 Switzerland 0 current LCU compare
- 77 Togo 0 current LCU compare
- 77 Ukraine 0 current LCU compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 4.66 % change on previous year (2004)
- Exports of goods and services (current LCU), per unit of GDP 2.32 current LCU per US$ of GDP (2004)
- Exports of goods and services (current LCU), per capita 1,443 current LCU per person (2004)
- Gross fixed capital formation (current US$), annual growth rate 10.94 % change on previous year (2004)
- Gross fixed capital formation (current US$), per unit of GDP 0.1813 current US$ per US$ of GDP (2004)
- Gross fixed capital formation (current US$), per capita 112.54 current US$ per person (2004)
- Gross fixed capital formation (current LCU), per unit of GDP 0.5842 current LCU per US$ of GDP (2004)
- Gross fixed capital formation (current LCU), per capita 362.56 current LCU per person (2004)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Papua New Guinea?
- Discrepancy in expenditure estimate of gdp in Papua New Guinea was 0 current LCU in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Papua New Guinea?
- The highest recorded value was 14.50 million current LCU in 1982.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Papua New Guinea?
- The lowest recorded value was -24.60 million current LCU in 1976.
- How does Papua New Guinea rank for discrepancy in expenditure estimate of gdp?
- Papua New Guinea ranks 77th out of 186 countries with data for 2004.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.