Households and NPISHs Final consumption expenditure, PPP in Papua New Guinea
Papua New Guinea: Households and NPISHs Final consumption expenditure, PPP was 5.53 billion current international $ in 2004. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Papua New Guinea, 1990–2004
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2004, households and npishs final consumption expenditure, ppp in Papua New Guinea stood at 5.53 billion current international $.
Compared with earlier readings it is up 5.3% on the previous year and up 10.3% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Papua New Guinea peaked at 6.69 billion current international $ in 2002 and was at its lowest, 3.78 billion current international $, in 1990.
Papua New Guinea ranks 159th of 182 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Papua New Guinea, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 3.78 billion current international $ | — |
| 1991 | 4.30 billion current international $ | +13.8% |
| 1992 | 4.29 billion current international $ | -0.2% |
| 1993 | 4.02 billion current international $ | -6.4% |
| 1994 | 5.01 billion current international $ | +24.8% |
| 1995 | 4.65 billion current international $ | -7.4% |
| 1996 | 4.99 billion current international $ | +7.4% |
| 1997 | 6.69 billion current international $ | +34.0% |
| 1998 | 6.40 billion current international $ | -4.3% |
| 1999 | 6.18 billion current international $ | -3.4% |
| 2000 | 4.82 billion current international $ | -22.1% |
| 2001 | 5.18 billion current international $ | +7.5% |
| 2002 | 6.69 billion current international $ | +29.3% |
| 2003 | 5.25 billion current international $ | -21.5% |
| 2004 | 5.53 billion current international $ | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.03 billion current international $ | 3.78 billion current international $ | 6.69 billion current international $ | 10 |
| 2000s | 5.49 billion current international $ | 4.82 billion current international $ | 6.69 billion current international $ | 5 |
Countries ranked near Papua New Guinea
- 156 Djibouti 6.38 billion current international $
- 157 Maldives 5.95 billion current international $
- 158 New Caledonia 5.58 billion current international $
- 160 Guinea-Bissau 4.70 billion current international $ compare
- 161 Cape Verde 4.02 billion current international $
- 162 Belize 3.73 billion current international $ 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)
- Households and NPISHs Final consumption expenditure (current LCU) 4.77 % change on previous year (2004)
- Households and NPISHs Final consumption expenditure (current LCU) 1.66 current LCU per US$ of GDP (2004)
- Households and NPISHs Final consumption expenditure (current LCU) 1,029 current LCU per person (2004)
- Final consumption expenditure (current US$), annual growth rate 14.59 % change on previous year (2004)
- Final consumption expenditure (current US$), per unit of GDP 0.6675 current US$ per US$ of GDP (2004)
- Final consumption expenditure (current US$), per capita 414.27 current US$ per person (2004)
- Final consumption expenditure (current LCU), annual growth rate 3.88 % change on previous year (2004)
- Final consumption expenditure (current LCU), per unit of GDP 2.15 current LCU per US$ of GDP (2004)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Papua New Guinea?
- Households and npishs final consumption expenditure, ppp in Papua New Guinea was 5.53 billion current international $ in 2004, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Papua New Guinea?
- The highest recorded value was 6.69 billion current international $ in 2002.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Papua New Guinea?
- The lowest recorded value was 3.78 billion current international $ in 1990.
- How does Papua New Guinea rank for households and npishs final consumption expenditure, ppp?
- Papua New Guinea ranks 159th out of 182 countries with data for 2004.
- Is households and npishs final consumption expenditure, ppp rising or falling in Papua New Guinea?
- Over the last ten years it is up 10.3%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.