General government final consumption expenditure in Papua New Guinea
Papua New Guinea: General government final consumption expenditure was 1.94 billion current LCU in 2004. ◆ Volatile
General government final consumption expenditure in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2004, general government final consumption expenditure in Papua New Guinea stood at 1.94 billion current LCU. That is the highest value across all 44 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 88.3% over ten years.
Over the whole period, general government final consumption expenditure in Papua New Guinea peaked at 1.94 billion current LCU in 2004 and was at its lowest, 61.60 million current LCU, in 1961.
That places Papua New Guinea 170th out of 186 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.
General government final consumption expenditure in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 61.60 million current LCU | — |
| 1962 | 67.50 million current LCU | +9.6% |
| 1963 | 76.70 million current LCU | +13.6% |
| 1964 | 89.30 million current LCU | +16.4% |
| 1965 | 105.00 million current LCU | +17.6% |
| 1966 | 124.90 million current LCU | +19.0% |
| 1967 | 137.60 million current LCU | +10.2% |
| 1968 | 145.30 million current LCU | +5.6% |
| 1969 | 157.20 million current LCU | +8.2% |
| 1970 | 173.40 million current LCU | +10.3% |
| 1971 | 195.10 million current LCU | +12.5% |
| 1972 | 217.60 million current LCU | +11.5% |
| 1973 | 249.10 million current LCU | +14.5% |
| 1974 | 299.10 million current LCU | +20.1% |
| 1975 | 347.70 million current LCU | +16.2% |
| 1976 | 362.70 million current LCU | +4.3% |
| 1977 | 337.70 million current LCU | -6.9% |
| 1978 | 353.30 million current LCU | +4.6% |
| 1979 | 371.40 million current LCU | +5.1% |
| 1980 | 411.20 million current LCU | +10.7% |
| 1981 | 454.40 million current LCU | +10.5% |
| 1982 | 468.10 million current LCU | +3.0% |
| 1983 | 499.10 million current LCU | +6.6% |
| 1984 | 533.30 million current LCU | +6.9% |
| 1985 | 569.20 million current LCU | +6.7% |
| 1986 | 591.10 million current LCU | +3.8% |
| 1987 | 639.70 million current LCU | +8.2% |
| 1988 | 662.90 million current LCU | +3.6% |
| 1989 | 744.90 million current LCU | +12.4% |
| 1990 | 763.90 million current LCU | +2.6% |
| 1991 | 852.70 million current LCU | +11.6% |
| 1992 | 1.00 billion current LCU | +17.8% |
| 1993 | 1.20 billion current LCU | +19.4% |
| 1994 | 1.03 billion current LCU | -14.2% |
| 1995 | 1.06 billion current LCU | +2.8% |
| 1996 | 1.35 billion current LCU | +27.8% |
| 1997 | 1.36 billion current LCU | +0.9% |
| 1998 | 1.41 billion current LCU | +3.3% |
| 1999 | 1.50 billion current LCU | +6.2% |
| 2000 | 1.61 billion current LCU | +7.8% |
| 2001 | 1.69 billion current LCU | +4.6% |
| 2002 | 1.79 billion current LCU | +5.9% |
| 2003 | 1.92 billion current LCU | +7.3% |
| 2004 | 1.94 billion current LCU | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 107.23 million current LCU | 61.60 million current LCU | 157.20 million current LCU | 9 |
| 1970s | 290.71 million current LCU | 173.40 million current LCU | 371.40 million current LCU | 10 |
| 1980s | 557.39 million current LCU | 411.20 million current LCU | 744.90 million current LCU | 10 |
| 1990s | 1.15 billion current LCU | 763.90 million current LCU | 1.50 billion current LCU | 10 |
| 2000s | 1.79 billion current LCU | 1.61 billion current LCU | 1.94 billion current LCU | 5 |
Countries ranked near Papua New Guinea
- 167 Jordan 2.50 billion current LCU compare
- 168 Sao Tome and Principe 2.19 billion current LCU
- 169 Bahamas 2.04 billion current LCU compare
- 171 United States Virgin Islands 1.61 billion current LCU
- 172 Suriname 1.60 billion current LCU
- 173 Kosovo 1.48 billion current LCU
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 0.2146 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9552 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 2,782 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.68 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,718 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8374 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in Papua New Guinea?
- General government final consumption expenditure in Papua New Guinea was 1.94 billion current LCU 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 1.94 billion current LCU in 2004.
- What is the lowest general government final consumption expenditure recorded in Papua New Guinea?
- The lowest recorded value was 61.60 million current LCU in 1961.
- How does Papua New Guinea rank for general government final consumption expenditure?
- Papua New Guinea ranks 170th out of 186 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 88.3%. 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 (current LCU). 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 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.