Gross national expenditure in Papua New Guinea
Papua New Guinea: Gross national expenditure was 10.98 billion current LCU in 2004. ◆ Volatile
Gross national 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, gross national expenditure in Papua New Guinea stood at 10.98 billion current LCU.
Compared with earlier readings it is up 3.2% on the previous year and up 130.2% over ten years.
Over the whole period, gross national expenditure in Papua New Guinea peaked at 11.32 billion current LCU in 2002 and was at its lowest, 244.40 million current LCU, in 1961.
That places Papua New Guinea 171st out of 185 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.
Gross national expenditure in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 244.40 million current LCU | — |
| 1962 | 260.10 million current LCU | +6.4% |
| 1963 | 280.10 million current LCU | +7.7% |
| 1964 | 316.80 million current LCU | +13.1% |
| 1965 | 368.40 million current LCU | +16.3% |
| 1966 | 430.50 million current LCU | +16.9% |
| 1967 | 482.70 million current LCU | +12.1% |
| 1968 | 526.20 million current LCU | +9.0% |
| 1969 | 625.10 million current LCU | +18.8% |
| 1970 | 780.00 million current LCU | +24.8% |
| 1971 | 863.20 million current LCU | +10.7% |
| 1972 | 834.90 million current LCU | -3.3% |
| 1973 | 827.70 million current LCU | -0.9% |
| 1974 | 960.70 million current LCU | +16.1% |
| 1975 | 1.11 billion current LCU | +15.7% |
| 1976 | 1.21 billion current LCU | +9.0% |
| 1977 | 1.31 billion current LCU | +8.3% |
| 1978 | 1.44 billion current LCU | +9.6% |
| 1979 | 1.65 billion current LCU | +14.5% |
| 1980 | 1.89 billion current LCU | +15.1% |
| 1981 | 2.02 billion current LCU | +6.5% |
| 1982 | 2.15 billion current LCU | +6.5% |
| 1983 | 2.51 billion current LCU | +16.9% |
| 1984 | 2.61 billion current LCU | +3.8% |
| 1985 | 2.67 billion current LCU | +2.5% |
| 1986 | 2.77 billion current LCU | +3.7% |
| 1987 | 3.04 billion current LCU | +9.7% |
| 1988 | 3.44 billion current LCU | +13.3% |
| 1989 | 3.41 billion current LCU | -0.9% |
| 1990 | 3.33 billion current LCU | -2.4% |
| 1991 | 3.96 billion current LCU | +18.9% |
| 1992 | 4.13 billion current LCU | +4.3% |
| 1993 | 4.10 billion current LCU | -0.7% |
| 1994 | 4.77 billion current LCU | +16.2% |
| 1995 | 5.12 billion current LCU | +7.4% |
| 1996 | 6.05 billion current LCU | +18.1% |
| 1997 | 7.14 billion current LCU | +18.1% |
| 1998 | 7.40 billion current LCU | +3.5% |
| 1999 | 7.93 billion current LCU | +7.2% |
| 2000 | 8.09 billion current LCU | +2.0% |
| 2001 | 9.04 billion current LCU | +11.7% |
| 2002 | 11.32 billion current LCU | +25.2% |
| 2003 | 10.63 billion current LCU | -6.0% |
| 2004 | 10.98 billion current LCU | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 392.70 million current LCU | 244.40 million current LCU | 625.10 million current LCU | 9 |
| 1970s | 1.10 billion current LCU | 780.00 million current LCU | 1.65 billion current LCU | 10 |
| 1980s | 2.65 billion current LCU | 1.89 billion current LCU | 3.44 billion current LCU | 10 |
| 1990s | 5.39 billion current LCU | 3.33 billion current LCU | 7.93 billion current LCU | 10 |
| 2000s | 10.01 billion current LCU | 8.09 billion current LCU | 11.32 billion current LCU | 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)
- 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 gross national expenditure in Papua New Guinea?
- Gross national expenditure in Papua New Guinea was 10.98 billion current 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 11.32 billion current LCU in 2002.
- What is the lowest gross national expenditure recorded in Papua New Guinea?
- The lowest recorded value was 244.40 million current LCU in 1961.
- How does Papua New Guinea rank for gross national expenditure?
- Papua New Guinea ranks 171st out of 185 countries with data for 2004.
- Is gross national expenditure rising or falling in Papua New Guinea?
- Over the last ten years it is up 130.2%. 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 Gross national expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.