Gross national expenditure (current US$), annual growth rate in Papua New Guinea

Papua New Guinea: Gross national expenditure (current US$), annual growth rate was 13.86 % change on previous year in 2004. ◆ Volatile

Latest (2004)
13.86 % change on previous year
Change on year
up 403.8%
World rank
36th
of 185 countries
All-time high
24.78 % change on previous year
in 1970
All-time low
-27.89 % change on previous year
in 1998
Years of data
43
1962–2004

Gross national expenditure (current US$), annual growth rate in Papua New Guinea, 1962–2004

-200201962198320041962: 6.4 % change on previous year1963: 7.7 % change on previous year1964: 13.1 % change on previous year1965: 16.3 % change on previous year1966: 16.9 % change on previous year1967: 12.1 % change on previous year1968: 9 % change on previous year1969: 18.8 % change on previous year1970: 24.8 % change on previous year1971: 11.9 % change on previous year1972: 2.2 % change on previous year1973: 17.6 % change on previous year1974: 17.3 % change on previous year1975: 5.5 % change on previous year1976: 5 % change on previous year1977: 8.4 % change on previous year1978: 22.4 % change on previous year1979: 14 % change on previous year1980: 22.1 % change on previous year1981: 6.2 % change on previous year1982: -2.9 % change on previous year1983: 3.3 % change on previous year1984: -3.4 % change on previous year1985: -7.9 % change on previous year1986: 6.7 % change on previous year1987: 17.3 % change on previous year1988: 18.7 % change on previous year1989: 0.056 % change on previous year1990: -12.3 % change on previous year1991: 19.3 % change on previous year1992: 2.9 % change on previous year1993: -2.1 % change on previous year1994: 13.2 % change on previous year1995: -19.2 % change on previous year1996: 19.7 % change on previous year1997: 8.6 % change on previous year1998: -27.9 % change on previous year1999: -13.1 % change on previous year2000: -6.3 % change on previous year2001: -8.4 % change on previous year2002: 8.7 % change on previous year2003: 2.8 % change on previous year2004: 13.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Papua New Guinea recorded 13.86 % change on previous year for gross national expenditure (current us$), annual growth rate in 2004.

The figure is up 403.8% on the previous year and up 5.4% over ten years.

Over the whole period, gross national expenditure (current us$), annual growth rate in Papua New Guinea peaked at 24.78 % change on previous year in 1970 and was at its lowest, -27.89 % change on previous year, in 1998.

Papua New Guinea ranks 36th of 185 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure (current US$), annual growth rate in Papua New Guinea, year by year

Annual values for Gross national expenditure (current US$), annual growth rate in Papua New Guinea, 1962 to 2004.
Year % change on previous year Change
1962 6.42 % change on previous year
1963 7.69 % change on previous year +19.7%
1964 13.1 % change on previous year +70.4%
1965 16.29 % change on previous year +24.3%
1966 16.86 % change on previous year +3.5%
1967 12.13 % change on previous year -28.1%
1968 9.01 % change on previous year -25.7%
1969 18.8 % change on previous year +108.6%
1970 24.78 % change on previous year +31.8%
1971 11.93 % change on previous year -51.8%
1972 2.25 % change on previous year -81.2%
1973 17.57 % change on previous year +681.4%
1974 17.31 % change on previous year -1.5%
1975 5.52 % change on previous year -68.1%
1976 4.99 % change on previous year -9.6%
1977 8.45 % change on previous year +69.1%
1978 22.38 % change on previous year +164.9%
1979 14 % change on previous year -37.4%
1980 22.06 % change on previous year +57.6%
1981 6.21 % change on previous year -71.9%
1982 -2.91 % change on previous year -146.8%
1983 3.26 % change on previous year -212.2%
1984 -3.4 % change on previous year -204.1%
1985 -7.89 % change on previous year +132.2%
1986 6.74 % change on previous year -185.5%
1987 17.33 % change on previous year +156.9%
1988 18.66 % change on previous year +7.7%
1989 0.0556 % change on previous year -99.7%
1990 -12.27 % change on previous year -22163.3%
1991 19.34 % change on previous year -257.6%
1992 2.93 % change on previous year -84.8%
1993 -2.11 % change on previous year -171.9%
1994 13.15 % change on previous year -724.2%
1995 -19.24 % change on previous year -246.3%
1996 19.72 % change on previous year -202.5%
1997 8.56 % change on previous year -56.6%
1998 -27.89 % change on previous year -425.8%
1999 -13.09 % change on previous year -53.1%
2000 -6.29 % change on previous year -52.0%
2001 -8.44 % change on previous year +34.2%
2002 8.74 % change on previous year -203.5%
2003 2.75 % change on previous year -68.5%
2004 13.86 % change on previous year +403.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 12.54 % change on previous year 6.42 % change on previous year 18.8 % change on previous year 8
1970s 12.92 % change on previous year 2.25 % change on previous year 24.78 % change on previous year 10
1980s 6.01 % change on previous year -7.89 % change on previous year 22.06 % change on previous year 10
1990s -1.09 % change on previous year -27.89 % change on previous year 19.72 % change on previous year 10
2000s 2.12 % change on previous year -8.44 % change on previous year 13.86 % change on previous year 5

Countries ranked near Papua New Guinea

  1. 33 Iraq 14.25 % change on previous year compare
  2. 34 Poland 14.15 % change on previous year compare
  3. 35 Cameroon 14.06 % change on previous year compare
  4. 37 Latvia 13.75 % change on previous year compare
  5. 38 Madagascar 13.62 % change on previous year compare
  6. 39 North Macedonia 13.46 % change on previous year compare

See the full ranking of 228 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is gross national expenditure (current us$), annual growth rate in Papua New Guinea?
Gross national expenditure (current us$), annual growth rate in Papua New Guinea was 13.86 % change on previous year in 2004, according to Statizoid (derived).
What is the highest gross national expenditure (current us$), annual growth rate recorded in Papua New Guinea?
The highest recorded value was 24.78 % change on previous year in 1970.
What is the lowest gross national expenditure (current us$), annual growth rate recorded in Papua New Guinea?
The lowest recorded value was -27.89 % change on previous year in 1998.
How does Papua New Guinea rank for gross national expenditure (current us$), annual growth rate?
Papua New Guinea ranks 36th out of 185 countries with data for 2004.
Is gross national expenditure (current us$), annual growth rate rising or falling in Papua New Guinea?
Over the last ten years it is up 5.4%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure (current US$), annual growth rate in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-current-us-annual-growth-rate/papua-new-guinea/

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<a href="https://economy.statizoid.com/stat/gross-national-expenditure-current-us-annual-growth-rate/papua-new-guinea/">Gross national expenditure (current US$), annual growth rate in Papua New Guinea</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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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

Indicator
Gross national expenditure (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
228 places, 10,585 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.