Gross national expenditure (current LCU) in Papua New Guinea
Papua New Guinea: Gross national expenditure (current LCU) was 10.98 billion current LCU in 2004. ◆ Volatile
Latest (2004)
10.98 billion current LCU
Change on year
up 3.2%
World rank
172nd
of 186 countries
All-time high
11.32 billion current LCU
in 2002
All-time low
244.40 million current LCU
in 1961
Years of data
44
1961–2004
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 172nd 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.
Gross national expenditure (current LCU) 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% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 10.98 billion current LCU is below the median for lower middle income countries, which is 1.86 trillion current LCU, 1% of the median. (45 countries reporting)
- Papua New Guinea's 10.98 billion current LCU is below the median for East Asia & Pacific, which is 890.20 billion current LCU, 1% of the median. (29 countries reporting)
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
- 169 Bahrain 14.61 billion current LCU compare
- 170 Kosovo 14.36 billion current LCU
- 170 Kosovo (UNSCR 1244) 14.36 billion current LCU
- 173 Montenegro 10.27 billion current LCU compare
- 174 Suriname 10.25 billion current LCU
- 175 Syria 7.14 billion current LCU compare
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 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 172nd out of 186 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.