Gross national expenditure (constant LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross national expenditure (constant LCU), per unit of GDP was 1.72 constant LCU per US$ of GDP in 2004. ◆ Volatile
Gross national expenditure (constant LCU), per unit of GDP in Papua New Guinea, 1961–2004
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Papua New Guinea recorded 1.72 constant LCU per US$ of GDP for gross national expenditure (constant lcu), per unit of gdp in 2004.
The figure is down 3.3% on the previous year and up 31.9% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Papua New Guinea peaked at 9.87 constant LCU per US$ of GDP in 1965 and was at its lowest, 1.31 constant LCU per US$ of GDP, in 1994.
That places Papua New Guinea 113th out of 169 countries with data for 2004, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant LCU), per unit of GDP in Papua New Guinea, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1961 | 9.56 constant LCU per US$ of GDP | — |
| 1962 | 9.56 constant LCU per US$ of GDP | -0.0% |
| 1963 | 9.64 constant LCU per US$ of GDP | +0.8% |
| 1964 | 9.74 constant LCU per US$ of GDP | +1.0% |
| 1965 | 9.87 constant LCU per US$ of GDP | +1.3% |
| 1966 | 9.47 constant LCU per US$ of GDP | -4.0% |
| 1967 | 8.8 constant LCU per US$ of GDP | -7.1% |
| 1968 | 8.42 constant LCU per US$ of GDP | -4.3% |
| 1969 | 8.52 constant LCU per US$ of GDP | +1.1% |
| 1970 | 8.68 constant LCU per US$ of GDP | +1.9% |
| 1971 | 8.21 constant LCU per US$ of GDP | -5.4% |
| 1972 | 6.23 constant LCU per US$ of GDP | -24.2% |
| 1973 | 3.73 constant LCU per US$ of GDP | -40.0% |
| 1974 | 3.41 constant LCU per US$ of GDP | -8.8% |
| 1975 | 3.73 constant LCU per US$ of GDP | +9.5% |
| 1976 | 3.25 constant LCU per US$ of GDP | -12.9% |
| 1977 | 3.12 constant LCU per US$ of GDP | -3.9% |
| 1978 | 2.77 constant LCU per US$ of GDP | -11.2% |
| 1979 | 2.47 constant LCU per US$ of GDP | -10.7% |
| 1980 | 2.28 constant LCU per US$ of GDP | -7.9% |
| 1981 | 2.28 constant LCU per US$ of GDP | +0.1% |
| 1982 | 2.42 constant LCU per US$ of GDP | +5.9% |
| 1983 | 2.28 constant LCU per US$ of GDP | -5.8% |
| 1984 | 2.23 constant LCU per US$ of GDP | -1.8% |
| 1985 | 2.31 constant LCU per US$ of GDP | +3.5% |
| 1986 | 2.1 constant LCU per US$ of GDP | -9.4% |
| 1987 | 1.84 constant LCU per US$ of GDP | -12.0% |
| 1988 | 1.71 constant LCU per US$ of GDP | -7.2% |
| 1989 | 1.66 constant LCU per US$ of GDP | -2.8% |
| 1990 | 1.68 constant LCU per US$ of GDP | +1.1% |
| 1991 | 1.61 constant LCU per US$ of GDP | -4.4% |
| 1992 | 1.49 constant LCU per US$ of GDP | -7.1% |
| 1993 | 1.31 constant LCU per US$ of GDP | -12.4% |
| 1994 | 1.31 constant LCU per US$ of GDP | -0.2% |
| 1995 | 1.37 constant LCU per US$ of GDP | +5.0% |
| 1996 | 1.46 constant LCU per US$ of GDP | +6.2% |
| 1997 | 1.6 constant LCU per US$ of GDP | +9.9% |
| 1998 | 1.95 constant LCU per US$ of GDP | +21.9% |
| 1999 | 2.13 constant LCU per US$ of GDP | +9.2% |
| 2000 | 1.89 constant LCU per US$ of GDP | -11.3% |
| 2001 | 2.09 constant LCU per US$ of GDP | +10.6% |
| 2002 | 2.43 constant LCU per US$ of GDP | +16.2% |
| 2003 | 1.78 constant LCU per US$ of GDP | -26.6% |
| 2004 | 1.72 constant LCU per US$ of GDP | -3.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 1.72 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 68.74 constant LCU per US$ of GDP, 3% of the median. (43 countries reporting)
- Papua New Guinea's 1.72 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 4.38 constant LCU per US$ of GDP, 39% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.29 constant LCU per US$ of GDP | 8.42 constant LCU per US$ of GDP | 9.87 constant LCU per US$ of GDP | 9 |
| 1970s | 4.56 constant LCU per US$ of GDP | 2.47 constant LCU per US$ of GDP | 8.68 constant LCU per US$ of GDP | 10 |
| 1980s | 2.11 constant LCU per US$ of GDP | 1.66 constant LCU per US$ of GDP | 2.42 constant LCU per US$ of GDP | 10 |
| 1990s | 1.59 constant LCU per US$ of GDP | 1.31 constant LCU per US$ of GDP | 2.13 constant LCU per US$ of GDP | 10 |
| 2000s | 1.98 constant LCU per US$ of GDP | 1.72 constant LCU per US$ of GDP | 2.43 constant LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 110 Tunisia 1.92 constant LCU per US$ of GDP compare
- 111 Peru 1.88 constant LCU per US$ of GDP compare
- 112 Zimbabwe 1.75 constant LCU per US$ of GDP
- 114 Belize 1.69 constant LCU per US$ of GDP compare
- 115 Bosnia and Herzegovina 1.61 constant LCU per US$ of GDP compare
- 116 South Sudan 1.57 constant LCU per US$ of GDP
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Papua New Guinea?
- Gross national expenditure (constant lcu), per unit of gdp in Papua New Guinea was 1.72 constant LCU per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 9.87 constant LCU per US$ of GDP in 1965.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 1.31 constant LCU per US$ of GDP in 1994.
- How does Papua New Guinea rank for gross national expenditure (constant lcu), per unit of gdp?
- Papua New Guinea ranks 113th out of 169 countries with data for 2004.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 31.9%. 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 Gross national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.