Share of central government spending funded by taxes in Papua New Guinea
Papua New Guinea: Share of central government spending funded by taxes was 71.6% in 2023. ▼ Falling
Share of central government spending funded by taxes in Papua New Guinea, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for share of central government spending funded by taxes in Papua New Guinea is 71.6%, measured in 2023.
Compared with earlier readings it is up 6.2% on the previous year and up 8.2% over ten years.
Over the whole period, share of central government spending funded by taxes in Papua New Guinea peaked at 86.5% in 2001 and was at its lowest, 50.5%, in 2020.
Papua New Guinea ranks 34th of 174 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Share of central government spending funded by taxes in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 62.7% | — |
| 2001 | 86.5% | +38.0% |
| 2002 | 83.6% | -3.4% |
| 2014 | 66.2% | -20.8% |
| 2015 | 65.1% | -1.7% |
| 2016 | 62.1% | -4.6% |
| 2017 | 68.6% | +10.6% |
| 2018 | 64.9% | -5.4% |
| 2019 | 60.5% | -6.8% |
| 2020 | 50.5% | -16.5% |
| 2021 | 55.3% | +9.4% |
| 2022 | 67.5% | +22.0% |
| 2023 | 71.6% | +6.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 71.6% is above the median for lower middle income countries, which is 59.9%, 1.2× the median. (41 countries reporting)
- Papua New Guinea's 71.6% is above the median for East Asia & Pacific, which is 56.4%, 1.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.6% | 62.7% | 86.5% | 3 |
| 2010s | 64.6% | 60.5% | 68.6% | 6 |
| 2020s | 61.2% | 50.5% | 71.6% | 4 |
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 share of central government spending funded by taxes in Papua New Guinea?
- Share of central government spending funded by taxes in Papua New Guinea was 71.6% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Papua New Guinea?
- The highest recorded value was 86.5% in 2001.
- What is the lowest share of central government spending funded by taxes recorded in Papua New Guinea?
- The lowest recorded value was 50.5% in 2020.
- How does Papua New Guinea rank for share of central government spending funded by taxes?
- Papua New Guinea ranks 34th out of 174 countries with data for 2023.
- Is share of central government spending funded by taxes rising or falling in Papua New Guinea?
- Over the last ten years it is up 8.2%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.