Final consumption expenditure (current US$), annual growth rate in Papua New Guinea

Papua New Guinea: Final consumption expenditure (current US$), annual growth rate was 14.59 % change on previous year in 2004. ◆ Volatile

Latest (2004)
14.59 % change on previous year
Change on year
up 2,846.9%
World rank
27th
of 187 countries
All-time high
28.08 % change on previous year
in 1973
All-time low
-26.09 % change on previous year
in 1998
Years of data
43
1962–2004

Final consumption expenditure (current US$), annual growth rate in Papua New Guinea, 1962–2004

-200201962198320041962: 6.3 % change on previous year1963: 4.9 % change on previous year1964: 10.1 % change on previous year1965: 14.1 % change on previous year1966: 16.7 % change on previous year1967: 12.5 % change on previous year1968: 9.1 % change on previous year1969: 11.6 % change on previous year1970: 12.1 % change on previous year1971: 10.9 % change on previous year1972: 13.4 % change on previous year1973: 28.1 % change on previous year1974: 15.3 % change on previous year1975: 5.3 % change on previous year1976: 5.3 % change on previous year1977: 4.5 % change on previous year1978: 21.8 % change on previous year1979: 11.7 % change on previous year1980: 22.9 % change on previous year1981: 6.3 % change on previous year1982: -7.3 % change on previous year1983: 4.8 % change on previous year1984: -1.6 % change on previous year1985: -0.919 % change on previous year1986: 6.3 % change on previous year1987: 16 % change on previous year1988: 10.2 % change on previous year1989: 5.8 % change on previous year1990: -14.3 % change on previous year1991: 15.7 % change on previous year1992: 4.5 % change on previous year1993: 1.6 % change on previous year1994: 7.6 % change on previous year1995: -21.1 % change on previous year1996: 21.3 % change on previous year1997: 15.4 % change on previous year1998: -26.1 % change on previous year1999: -12.4 % change on previous year2000: -15.6 % change on previous year2001: -8.5 % change on previous year2002: 15.5 % change on previous year2003: 0.495 % change on previous year2004: 14.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for final consumption expenditure (current us$), annual growth rate in Papua New Guinea is 14.59 % change on previous year, measured in 2004.

That represents a change of up 2,846.9% on the previous year and up 91.2% over ten years.

Over the whole period, final consumption expenditure (current us$), annual growth rate in Papua New Guinea peaked at 28.08 % change on previous year in 1973 and was at its lowest, -26.09 % change on previous year, in 1998.

That places Papua New Guinea 27th out of 187 countries with data for 2004, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Final consumption expenditure (current US$), annual growth rate in Papua New Guinea, year by year

Annual values for Final consumption expenditure (current US$), annual growth rate in Papua New Guinea, 1962 to 2004.
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 10.9 % change on previous year -9.6%
1972 13.39 % change on previous year +22.9%
1973 28.08 % change on previous year +109.7%
1974 15.28 % change on previous year -45.6%
1975 5.33 % change on previous year -65.1%
1976 5.3 % change on previous year -0.7%
1977 4.54 % change on previous year -14.3%
1978 21.85 % change on previous year +381.4%
1979 11.72 % change on previous year -46.3%
1980 22.94 % change on previous year +95.7%
1981 6.25 % change on previous year -72.7%
1982 -7.26 % change on previous year -216.2%
1983 4.77 % change on previous year -165.6%
1984 -1.64 % change on previous year -134.4%
1985 -0.9185 % change on previous year -43.9%
1986 6.3 % change on previous year -786.2%
1987 15.98 % change on previous year +153.5%
1988 10.16 % change on previous year -36.4%
1989 5.82 % change on previous year -42.7%
1990 -14.32 % change on previous year -346.0%
1991 15.68 % change on previous year -209.5%
1992 4.47 % change on previous year -71.5%
1993 1.61 % change on previous year -63.9%
1994 7.63 % change on previous year +372.6%
1995 -21.13 % change on previous year -377.0%
1996 21.32 % change on previous year -200.9%
1997 15.4 % change on previous year -27.8%
1998 -26.09 % change on previous year -269.4%
1999 -12.39 % change on previous year -52.5%
2000 -15.6 % change on previous year +25.9%
2001 -8.51 % change on previous year -45.5%
2002 15.51 % change on previous year -282.3%
2003 0.4951 % change on previous year -96.8%
2004 14.59 % change on previous year +2846.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.64 % change on previous year 4.88 % change on previous year 16.66 % change on previous year 8
1970s 12.84 % change on previous year 4.54 % change on previous year 28.08 % change on previous year 10
1980s 6.24 % change on previous year -7.26 % change on previous year 22.94 % change on previous year 10
1990s -0.7811 % change on previous year -26.09 % change on previous year 21.32 % change on previous year 10
2000s 1.3 % change on previous year -15.6 % change on previous year 15.51 % change on previous year 5

Countries ranked near Papua New Guinea

  1. 24 Jordan 15.36 % change on previous year compare
  2. 25 Gabon 15.02 % change on previous year compare
  3. 26 Guinea 14.67 % change on previous year compare
  4. 28 Poland 14.34 % change on previous year compare
  5. 29 Cameroon 14.27 % change on previous year compare
  6. 30 Togo 14.16 % change on previous year compare

See the full ranking of 230 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is final consumption expenditure (current us$), annual growth rate in Papua New Guinea?
Final consumption expenditure (current us$), annual growth rate in Papua New Guinea was 14.59 % change on previous year in 2004, according to Statizoid (derived).
What is the highest final consumption expenditure (current us$), annual growth rate recorded in Papua New Guinea?
The highest recorded value was 28.08 % change on previous year in 1973.
What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Papua New Guinea?
The lowest recorded value was -26.09 % change on previous year in 1998.
How does Papua New Guinea rank for final consumption expenditure (current us$), annual growth rate?
Papua New Guinea ranks 27th out of 187 countries with data for 2004.
Is final consumption expenditure (current us$), annual growth rate rising or falling in Papua New Guinea?
Over the last ten years it is up 91.2%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Final consumption expenditure (current US$), annual growth rate in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-current-us-annual-growth-rate/papua-new-guinea/

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<a href="https://economy.statizoid.com/stat/final-consumption-expenditure-current-us-annual-growth-rate/papua-new-guinea/">Final consumption expenditure (current US$), annual growth rate in Papua New Guinea</a> — Statizoid

How this figure is calculated

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.

Computed from

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

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.