Final consumption expenditure (current LCU), annual growth rate in Papua New Guinea
Papua New Guinea: Final consumption expenditure (current LCU), annual growth rate was 3.88 % change on previous year in 2004. ◆ Volatile
Final consumption expenditure (current LCU), annual growth rate in Papua New Guinea, 1962–2004
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded 3.88 % change on previous year for final consumption expenditure (current lcu), annual growth rate in 2004.
Compared with earlier readings it is up 148.0% on the previous year and down 63.2% over ten years.
Over the whole period, final consumption expenditure (current lcu), annual growth rate in Papua New Guinea peaked at 33.02 % change on previous year in 2002 and was at its lowest, -8.09 % change on previous year, in 2003.
That places Papua New Guinea 157th out of 187 countries with data for 2004, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | 6.31 % change on previous year | — |
| 1963 | 4.88 % change on previous year | -22.5% |
| 1964 | 10.06 % change on previous year | +106.0% |
| 1965 | 14.09 % change on previous year | +40.0% |
| 1966 | 16.66 % change on previous year | +18.2% |
| 1967 | 12.46 % change on previous year | -25.2% |
| 1968 | 9.06 % change on previous year | -27.3% |
| 1969 | 11.57 % change on previous year | +27.7% |
| 1970 | 12.05 % change on previous year | +4.1% |
| 1971 | 9.64 % change on previous year | -20.0% |
| 1972 | 7.26 % change on previous year | -24.7% |
| 1973 | 8 % change on previous year | +10.1% |
| 1974 | 14.06 % change on previous year | +75.9% |
| 1975 | 15.5 % change on previous year | +10.2% |
| 1976 | 9.28 % change on previous year | -40.1% |
| 1977 | 4.35 % change on previous year | -53.1% |
| 1978 | 9.15 % change on previous year | +110.2% |
| 1979 | 12.17 % change on previous year | +33.0% |
| 1980 | 15.89 % change on previous year | +30.6% |
| 1981 | 6.57 % change on previous year | -58.6% |
| 1982 | 1.76 % change on previous year | -73.1% |
| 1983 | 18.62 % change on previous year | +955.6% |
| 1984 | 5.7 % change on previous year | -69.4% |
| 1985 | 10.3 % change on previous year | +80.7% |
| 1986 | 3.23 % change on previous year | -68.6% |
| 1987 | 8.39 % change on previous year | +159.7% |
| 1988 | 5.21 % change on previous year | -38.0% |
| 1989 | 4.81 % change on previous year | -7.6% |
| 1990 | -4.68 % change on previous year | -197.2% |
| 1991 | 15.27 % change on previous year | -426.4% |
| 1992 | 5.85 % change on previous year | -61.7% |
| 1993 | 3.07 % change on previous year | -47.6% |
| 1994 | 10.56 % change on previous year | +244.0% |
| 1995 | 4.86 % change on previous year | -54.0% |
| 1996 | 19.67 % change on previous year | +304.9% |
| 1997 | 25.56 % change on previous year | +30.0% |
| 1998 | 6.13 % change on previous year | -76.0% |
| 1999 | 8.02 % change on previous year | +30.8% |
| 2000 | -8.09 % change on previous year | -200.8% |
| 2001 | 11.66 % change on previous year | -244.1% |
| 2002 | 33.02 % change on previous year | +183.1% |
| 2003 | -8.09 % change on previous year | -124.5% |
| 2004 | 3.88 % change on previous year | -148.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.64 % change on previous year | 4.88 % change on previous year | 16.66 % change on previous year | 8 |
| 1970s | 10.15 % change on previous year | 4.35 % change on previous year | 15.5 % change on previous year | 10 |
| 1980s | 8.05 % change on previous year | 1.76 % change on previous year | 18.62 % change on previous year | 10 |
| 1990s | 9.43 % change on previous year | -4.68 % change on previous year | 25.56 % change on previous year | 10 |
| 2000s | 6.48 % change on previous year | -8.09 % change on previous year | 33.02 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 154 Kuwait 4.05 % change on previous year compare
- 155 China 4.01 % change on previous year compare
- 156 Estonia 3.99 % change on previous year compare
- 158 Austria 3.82 % change on previous year compare
- 159 Republic of Korea 3.69 % change on previous year compare
- 160 Sweden 3.59 % change on previous year 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)
- Households and NPISHs Final consumption expenditure (current LCU) 4.77 % change on previous year (2004)
- Households and NPISHs Final consumption expenditure (current LCU) 1.66 current LCU per US$ of GDP (2004)
- Households and NPISHs Final consumption expenditure (current LCU) 1,029 current LCU per person (2004)
- Final consumption expenditure (current US$), annual growth rate 14.59 % change on previous year (2004)
- Final consumption expenditure (current US$), per unit of GDP 0.6675 current US$ per US$ of GDP (2004)
- Final consumption expenditure (current US$), per capita 414.27 current US$ per person (2004)
- Final consumption expenditure (current LCU), per unit of GDP 2.15 current LCU per US$ of GDP (2004)
- Final consumption expenditure (current LCU), per capita 1,335 current LCU per person (2004)
Frequently asked questions
- What is final consumption expenditure (current lcu), annual growth rate in Papua New Guinea?
- Final consumption expenditure (current lcu), annual growth rate in Papua New Guinea was 3.88 % change on previous year in 2004, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 33.02 % change on previous year in 2002.
- What is the lowest final consumption expenditure (current lcu), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -8.09 % change on previous year in 2003.
- How does Papua New Guinea rank for final consumption expenditure (current lcu), annual growth rate?
- Papua New Guinea ranks 157th out of 187 countries with data for 2004.
- Is final consumption expenditure (current lcu), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 63.2%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.