Revenue Statistics in Asia and the Pacific - Comparative tax and in Papua New Guinea
Papua New Guinea: Revenue Statistics in Asia and the Pacific - Comparative tax and was 15.54 Percentage of GDP in 2024. ▼ Falling
Revenue Statistics in Asia and the Pacific - Comparative tax and in Papua New Guinea, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in asia and the pacific - comparative tax and in Papua New Guinea stood at 15.54 Percentage of GDP.
That represents a change of down 2.5% on the previous year and down 12.7% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and in Papua New Guinea peaked at 20.8 Percentage of GDP in 2007 and was at its lowest, 9.51 Percentage of GDP, in 2000.
Papua New Guinea ranks 22nd of 35 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Revenue Statistics in Asia and the Pacific - Comparative tax and in Papua New Guinea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 9.51 Percentage of GDP | — |
| 2001 | 12.2 Percentage of GDP | +28.4% |
| 2002 | 13.88 Percentage of GDP | +13.7% |
| 2003 | 13.71 Percentage of GDP | -1.2% |
| 2004 | 16.07 Percentage of GDP | +17.2% |
| 2005 | 17.02 Percentage of GDP | +5.9% |
| 2006 | 19.99 Percentage of GDP | +17.5% |
| 2007 | 20.8 Percentage of GDP | +4.0% |
| 2008 | 18.68 Percentage of GDP | -10.2% |
| 2009 | 15.85 Percentage of GDP | -15.2% |
| 2010 | 16.79 Percentage of GDP | +5.9% |
| 2011 | 20 Percentage of GDP | +19.1% |
| 2012 | 18.94 Percentage of GDP | -5.3% |
| 2013 | 18.32 Percentage of GDP | -3.2% |
| 2014 | 17.8 Percentage of GDP | -2.9% |
| 2015 | 15.21 Percentage of GDP | -14.5% |
| 2016 | 12.95 Percentage of GDP | -14.9% |
| 2017 | 12.61 Percentage of GDP | -2.7% |
| 2018 | 13.19 Percentage of GDP | +4.7% |
| 2019 | 13.02 Percentage of GDP | -1.3% |
| 2020 | 11.88 Percentage of GDP | -8.8% |
| 2021 | 12.15 Percentage of GDP | +2.3% |
| 2022 | 14.77 Percentage of GDP | +21.6% |
| 2023 | 15.93 Percentage of GDP | +7.9% |
| 2024 | 15.54 Percentage of GDP | -2.5% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 15.54 Percentage of GDP is above the median for lower middle income countries, which is 14.35 Percentage of GDP, 1.1× the median. (10 countries reporting)
- Papua New Guinea's 15.54 Percentage of GDP is below the median for East Asia & Pacific, which is 17.97 Percentage of GDP, 87% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.77 Percentage of GDP | 9.51 Percentage of GDP | 20.8 Percentage of GDP | 10 |
| 2010s | 15.88 Percentage of GDP | 12.61 Percentage of GDP | 20 Percentage of GDP | 10 |
| 2020s | 14.06 Percentage of GDP | 11.88 Percentage of GDP | 15.93 Percentage of GDP | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is revenue statistics in asia and the pacific - comparative tax and in Papua New Guinea?
- Revenue statistics in asia and the pacific - comparative tax and in Papua New Guinea was 15.54 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Papua New Guinea?
- The highest recorded value was 20.8 Percentage of GDP in 2007.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Papua New Guinea?
- The lowest recorded value was 9.51 Percentage of GDP in 2000.
- How does Papua New Guinea rank for revenue statistics in asia and the pacific - comparative tax and?
- Papua New Guinea ranks 22nd out of 35 countries with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and rising or falling in Papua New Guinea?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.