Gross national expenditure in Papua New Guinea
Papua New Guinea: Gross national expenditure was 6.77 billion constant LCU in 2004. ▲ Rising
Gross national expenditure in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross national expenditure in Papua New Guinea is 6.77 billion constant LCU, measured in 2004.
That represents a change of up 7.3% on the previous year and down 5.9% over ten years.
Over the whole period, gross national expenditure in Papua New Guinea peaked at 7.90 billion constant LCU in 1997 and was at its lowest, 2.34 billion constant LCU, in 1961.
Papua New Guinea ranks 158th of 168 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Gross national expenditure in Papua New Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1961 | 2.34 billion constant LCU | — |
| 1962 | 2.50 billion constant LCU | +6.7% |
| 1963 | 2.66 billion constant LCU | +6.5% |
| 1964 | 2.97 billion constant LCU | +11.8% |
| 1965 | 3.40 billion constant LCU | +14.2% |
| 1966 | 3.70 billion constant LCU | +9.0% |
| 1967 | 3.89 billion constant LCU | +5.0% |
| 1968 | 4.09 billion constant LCU | +5.2% |
| 1969 | 4.70 billion constant LCU | +14.9% |
| 1970 | 5.60 billion constant LCU | +19.3% |
| 1971 | 5.89 billion constant LCU | +5.2% |
| 1972 | 5.35 billion constant LCU | -9.3% |
| 1973 | 4.85 billion constant LCU | -9.3% |
| 1974 | 5.00 billion constant LCU | +3.0% |
| 1975 | 5.06 billion constant LCU | +1.3% |
| 1976 | 4.91 billion constant LCU | -3.0% |
| 1977 | 5.12 billion constant LCU | +4.3% |
| 1978 | 5.40 billion constant LCU | +5.4% |
| 1979 | 5.67 billion constant LCU | +5.1% |
| 1980 | 5.80 billion constant LCU | +2.3% |
| 1981 | 5.70 billion constant LCU | -1.8% |
| 1982 | 5.72 billion constant LCU | +0.4% |
| 1983 | 5.83 billion constant LCU | +1.9% |
| 1984 | 5.70 billion constant LCU | -2.2% |
| 1985 | 5.61 billion constant LCU | -1.7% |
| 1986 | 5.55 billion constant LCU | -1.0% |
| 1987 | 5.80 billion constant LCU | +4.5% |
| 1988 | 6.26 billion constant LCU | +8.0% |
| 1989 | 5.90 billion constant LCU | -5.7% |
| 1990 | 5.41 billion constant LCU | -8.2% |
| 1991 | 6.09 billion constant LCU | +12.5% |
| 1992 | 6.54 billion constant LCU | +7.4% |
| 1993 | 6.51 billion constant LCU | -0.4% |
| 1994 | 7.19 billion constant LCU | +10.4% |
| 1995 | 6.36 billion constant LCU | -11.6% |
| 1996 | 7.51 billion constant LCU | +18.1% |
| 1997 | 7.90 billion constant LCU | +5.2% |
| 1998 | 7.40 billion constant LCU | -6.4% |
| 1999 | 7.41 billion constant LCU | +0.2% |
| 2000 | 6.66 billion constant LCU | -10.1% |
| 2001 | 6.44 billion constant LCU | -3.2% |
| 2002 | 7.29 billion constant LCU | +13.1% |
| 2003 | 6.30 billion constant LCU | -13.5% |
| 2004 | 6.77 billion constant LCU | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.36 billion constant LCU | 2.34 billion constant LCU | 4.70 billion constant LCU | 9 |
| 1970s | 5.29 billion constant LCU | 4.85 billion constant LCU | 5.89 billion constant LCU | 10 |
| 1980s | 5.79 billion constant LCU | 5.55 billion constant LCU | 6.26 billion constant LCU | 10 |
| 1990s | 6.83 billion constant LCU | 5.41 billion constant LCU | 7.90 billion constant LCU | 10 |
| 2000s | 6.69 billion constant LCU | 6.30 billion constant LCU | 7.29 billion constant LCU | 5 |
Countries ranked near Papua New Guinea
- 155 Kosovo 9.46 billion constant LCU
- 156 Sao Tome and Principe 7.24 billion constant LCU
- 157 Montenegro 6.81 billion constant LCU
- 159 Tajikistan 5.48 billion constant LCU compare
- 160 Belize 5.42 billion constant LCU compare
- 161 Bermuda 4.97 billion constant 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)
- Industry (including construction), value added (constant 2015 US$) 3.66 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2738 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 797.48 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 3.66 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.8065 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 2,349 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate -0.1907 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4196 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure in Papua New Guinea?
- Gross national expenditure in Papua New Guinea was 6.77 billion constant LCU in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Papua New Guinea?
- The highest recorded value was 7.90 billion constant LCU in 1997.
- What is the lowest gross national expenditure recorded in Papua New Guinea?
- The lowest recorded value was 2.34 billion constant LCU in 1961.
- How does Papua New Guinea rank for gross national expenditure?
- Papua New Guinea ranks 158th out of 168 countries with data for 2004.
- Is gross national expenditure rising or falling in Papua New Guinea?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is rising.
- 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 Gross national expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.