General government final consumption expenditure (current LCU) in Papua New Guinea
Papua New Guinea: General government final consumption expenditure (current LCU) 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 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.
General government final consumption expenditure (current LCU) 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% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 1.94 billion current LCU is below the median for lower middle income countries, which is 156.44 billion current LCU, 1% of the median. (45 countries reporting)
- Papua New Guinea's 1.94 billion current LCU is below the median for East Asia & Pacific, which is 223.30 billion current LCU, 1% of the median. (29 countries reporting)
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
- 173 Kosovo (UNSCR 1244) 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)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0269 units per US$ of GDP (2025)
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 187 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.