Gross national expenditure (current US$) in Papua New Guinea
Papua New Guinea: Gross national expenditure (current US$) was 3.41 billion current US$ in 2004. ◆ Volatile
Latest (2004)
3.41 billion current US$
Change on year
up 13.9%
World rank
168th
of 186 countries
All-time high
4.98 billion current US$
in 1997
All-time low
273.73 million current US$
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 US$.
Analysis
In 2004, gross national expenditure in Papua New Guinea stood at 3.41 billion current US$.
Compared with earlier readings it is up 13.9% on the previous year and down 28.2% over ten years.
Over the whole period, gross national expenditure in Papua New Guinea peaked at 4.98 billion current US$ in 1997 and was at its lowest, 273.73 million current US$, in 1961.
Papua New Guinea ranks 168th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | 273.73 million current US$ | — |
| 1962 | 291.31 million current US$ | +6.4% |
| 1963 | 313.71 million current US$ | +7.7% |
| 1964 | 354.82 million current US$ | +13.1% |
| 1965 | 412.61 million current US$ | +16.3% |
| 1966 | 482.16 million current US$ | +16.9% |
| 1967 | 540.62 million current US$ | +12.1% |
| 1968 | 589.34 million current US$ | +9.0% |
| 1969 | 700.11 million current US$ | +18.8% |
| 1970 | 873.60 million current US$ | +24.8% |
| 1971 | 977.84 million current US$ | +11.9% |
| 1972 | 999.83 million current US$ | +2.2% |
| 1973 | 1.18 billion current US$ | +17.6% |
| 1974 | 1.38 billion current US$ | +17.3% |
| 1975 | 1.46 billion current US$ | +5.5% |
| 1976 | 1.53 billion current US$ | +5.0% |
| 1977 | 1.66 billion current US$ | +8.4% |
| 1978 | 2.03 billion current US$ | +22.4% |
| 1979 | 2.31 billion current US$ | +14.0% |
| 1980 | 2.82 billion current US$ | +22.1% |
| 1981 | 3.00 billion current US$ | +6.2% |
| 1982 | 2.91 billion current US$ | -2.9% |
| 1983 | 3.00 billion current US$ | +3.3% |
| 1984 | 2.90 billion current US$ | -3.4% |
| 1985 | 2.67 billion current US$ | -7.9% |
| 1986 | 2.85 billion current US$ | +6.7% |
| 1987 | 3.35 billion current US$ | +17.3% |
| 1988 | 3.97 billion current US$ | +18.7% |
| 1989 | 3.98 billion current US$ | +0.1% |
| 1990 | 3.49 billion current US$ | -12.3% |
| 1991 | 4.16 billion current US$ | +19.3% |
| 1992 | 4.28 billion current US$ | +2.9% |
| 1993 | 4.19 billion current US$ | -2.1% |
| 1994 | 4.75 billion current US$ | +13.2% |
| 1995 | 3.83 billion current US$ | -19.2% |
| 1996 | 4.59 billion current US$ | +19.7% |
| 1997 | 4.98 billion current US$ | +8.6% |
| 1998 | 3.59 billion current US$ | -27.9% |
| 1999 | 3.12 billion current US$ | -13.1% |
| 2000 | 2.93 billion current US$ | -6.3% |
| 2001 | 2.68 billion current US$ | -8.4% |
| 2002 | 2.91 billion current US$ | +8.7% |
| 2003 | 2.99 billion current US$ | +2.8% |
| 2004 | 3.41 billion current US$ | +13.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 3.41 billion current US$ is below the median for lower middle income countries, which is 34.26 billion current US$, 10% of the median. (45 countries reporting)
- Papua New Guinea's 3.41 billion current US$ is below the median for East Asia & Pacific, which is 24.74 billion current US$, 14% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 439.82 million current US$ | 273.73 million current US$ | 700.11 million current US$ | 9 |
| 1970s | 1.44 billion current US$ | 873.60 million current US$ | 2.31 billion current US$ | 10 |
| 1980s | 3.15 billion current US$ | 2.67 billion current US$ | 3.98 billion current US$ | 10 |
| 1990s | 4.10 billion current US$ | 3.12 billion current US$ | 4.98 billion current US$ | 10 |
| 2000s | 2.98 billion current US$ | 2.68 billion current US$ | 3.41 billion current US$ | 5 |
Countries ranked near Papua New Guinea
- 165 Greenland 3.67 billion current US$
- 166 Gambia 3.55 billion current US$ compare
- 167 Central African Republic 3.50 billion current US$ compare
- 169 Cape Verde 3.40 billion current US$
- 170 East Timor 3.25 billion current US$ compare
- 171 Belize 3.20 billion current US$ 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 3.41 billion current US$ 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 4.98 billion current US$ in 1997.
- What is the lowest gross national expenditure recorded in Papua New Guinea?
- The lowest recorded value was 273.73 million current US$ in 1961.
- How does Papua New Guinea rank for gross national expenditure?
- Papua New Guinea ranks 168th 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 down 28.2%. 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 US$). 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 indicator is expressed in United States dollars.