General government final consumption expenditure in Papua New Guinea
Papua New Guinea: General government final consumption expenditure was -0.8% in 2004. ◆ Volatile
General government final consumption expenditure in Papua New Guinea, 1962–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for general government final consumption expenditure in Papua New Guinea is -0.8%, measured in 2004.
Compared with earlier readings it is down 210.0% on the previous year and up 95.7% over ten years.
Over the whole period, general government final consumption expenditure in Papua New Guinea peaked at 32.0% in 1996 and was at its lowest, -18.9%, in 1994.
Papua New Guinea ranks 150th of 174 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Papua New Guinea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1962 | 6.4% | — |
| 1963 | 3.7% | -41.7% |
| 1964 | 8.8% | +136.3% |
| 1965 | 11.1% | +25.5% |
| 1966 | 9.1% | -17.4% |
| 1967 | 4.5% | -51.3% |
| 1968 | 1.9% | -57.6% |
| 1969 | 3.5% | +84.9% |
| 1970 | 0.2% | -93.6% |
| 1971 | 2.4% | +990.3% |
| 1972 | 1.6% | -36.2% |
| 1973 | -2.8% | -278.2% |
| 1974 | 1.7% | -162.5% |
| 1975 | 1.8% | +5.4% |
| 1976 | -7.6% | -516.1% |
| 1977 | -6.3% | -17.3% |
| 1978 | 1.7% | -127.1% |
| 1979 | 1.8% | +5.4% |
| 1980 | -3.4% | -287.0% |
| 1981 | -3.9% | +15.0% |
| 1982 | -7.0% | +81.1% |
| 1983 | -1.9% | -72.2% |
| 1984 | 0.9% | -146.4% |
| 1985 | 2.7% | +203.9% |
| 1986 | -1.3% | -145.8% |
| 1987 | 3.1% | -343.1% |
| 1988 | -1.7% | -156.0% |
| 1989 | 6.0% | -450.4% |
| 1990 | -2.8% | -146.9% |
| 1991 | 4.3% | -254.3% |
| 1992 | 10.8% | +149.8% |
| 1993 | 17.2% | +59.0% |
| 1994 | -18.9% | -209.5% |
| 1995 | -5.7% | -69.8% |
| 1996 | 32.0% | -661.6% |
| 1997 | -4.4% | -113.7% |
| 1998 | -1.8% | -59.4% |
| 1999 | -0.8% | -53.9% |
| 2000 | 3.7% | -547.7% |
| 2001 | 7.1% | +93.2% |
| 2002 | 0.0% | -99.6% |
| 2003 | -0.3% | -951.8% |
| 2004 | -0.8% | +210.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.1% | 1.9% | 11.1% | 8 |
| 1970s | -0.5% | -7.6% | 2.4% | 10 |
| 1980s | -0.6% | -7.0% | 6.0% | 10 |
| 1990s | 3.0% | -18.9% | 32.0% | 10 |
| 2000s | 1.9% | -0.8% | 7.1% | 5 |
Countries ranked near Papua New Guinea
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 general government final consumption expenditure in Papua New Guinea?
- General government final consumption expenditure in Papua New Guinea was -0.8% in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Papua New Guinea?
- The highest recorded value was 32.0% in 1996.
- What is the lowest general government final consumption expenditure recorded in Papua New Guinea?
- The lowest recorded value was -18.9% in 1994.
- How does Papua New Guinea rank for general government final consumption expenditure?
- Papua New Guinea ranks 150th out of 174 countries with data for 2004.
- Is general government final consumption expenditure rising or falling in Papua New Guinea?
- Over the last ten years it is up 95.7%. The long-run trend across the full record is volatile.
- 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 General government final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.