How does Papua New Guinea rank for taxes less subsidies on products (constant lcu), per unit of gdp?

Papua New Guinea ranks 127th out of 189 countries with data for 2024.

Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Papua New Guinea?

Over the last ten years it is down 4.9%. The long-run trend across the full record is rising.

Taxes less subsidies on products (constant LCU), per unit of GDP in Papua New Guinea

Name: Taxes less subsidies on products (constant LCU), per unit of GDP in Papua New Guinea
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Papua New Guinea: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.1124 constant LCU per US$ of GDP in 2024. ▲ Rising

Latest (2024)

0.1124 constant LCU per US$ of GDP

Change on year

down 0.7%

World rank

127th

of 189 countries

All-time high

0.1849 constant LCU per US$ of GDP

in 1986

All-time low

0.0312 constant LCU per US$ of GDP

in 1961

Years of data

1960–2024

Taxes less subsidies on products (constant LCU), per unit of GDP in Papua New Guinea, 1960–2024

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

Papua New Guinea recorded 0.1124 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2024.

The figure is down 0.7% on the previous year and down 4.9% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Papua New Guinea peaked at 0.1849 constant LCU per US$ of GDP in 1986 and was at its lowest, 0.0312 constant LCU per US$ of GDP, in 1961.

That places Papua New Guinea 127th out of 189 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 58 years of available data.

Taxes less subsidies on products (constant LCU), per unit of GDP in Papua New Guinea, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in Papua New Guinea, 1960 to 2024.
Year	constant LCU per US$ of GDP	Change
1960	0.0321 constant LCU per US$ of GDP	—
1961	0.0312 constant LCU per US$ of GDP	-2.7%
1962	0.0331 constant LCU per US$ of GDP	+5.8%
1963	0.0349 constant LCU per US$ of GDP	+5.5%
1964	0.0364 constant LCU per US$ of GDP	+4.3%
1965	0.0394 constant LCU per US$ of GDP	+8.4%
1966	0.0738 constant LCU per US$ of GDP	+87.3%
1967	0.0843 constant LCU per US$ of GDP	+14.2%
1968	0.0864 constant LCU per US$ of GDP	+2.5%
1969	0.1034 constant LCU per US$ of GDP	+19.6%
1970	0.1307 constant LCU per US$ of GDP	+26.4%
1971	0.145 constant LCU per US$ of GDP	+11.0%
1972	0.1106 constant LCU per US$ of GDP	-23.7%
1973	0.0532 constant LCU per US$ of GDP	-51.9%
1974	0.062 constant LCU per US$ of GDP	+16.7%
1975	0.0962 constant LCU per US$ of GDP	+55.1%
1976	0.0879 constant LCU per US$ of GDP	-8.6%
1977	0.1045 constant LCU per US$ of GDP	+18.8%
1978	0.0845 constant LCU per US$ of GDP	-19.2%
1979	0.0694 constant LCU per US$ of GDP	-17.9%
1980	0.1294 constant LCU per US$ of GDP	+86.6%
1981	0.1373 constant LCU per US$ of GDP	+6.1%
1982	0.1595 constant LCU per US$ of GDP	+16.2%
1983	0.1462 constant LCU per US$ of GDP	-8.3%
1984	0.1633 constant LCU per US$ of GDP	+11.7%
1985	0.1751 constant LCU per US$ of GDP	+7.2%
1986	0.1849 constant LCU per US$ of GDP	+5.6%
1987	0.1706 constant LCU per US$ of GDP	-7.8%
1988	0.1496 constant LCU per US$ of GDP	-12.3%
1989	0.1795 constant LCU per US$ of GDP	+20.0%
1990	0.1795 constant LCU per US$ of GDP	-0.0%
1997	0.0914 constant LCU per US$ of GDP	-49.1%
1998	0.1035 constant LCU per US$ of GDP	+13.2%
1999	0.1236 constant LCU per US$ of GDP	+19.4%
2000	0.1204 constant LCU per US$ of GDP	-2.5%
2001	0.1424 constant LCU per US$ of GDP	+18.2%
2002	0.1485 constant LCU per US$ of GDP	+4.3%
2003	0.1132 constant LCU per US$ of GDP	-23.8%
2004	0.1152 constant LCU per US$ of GDP	+1.8%
2006	0.1385 constant LCU per US$ of GDP	+20.2%
2007	0.1468 constant LCU per US$ of GDP	+6.0%
2008	0.1123 constant LCU per US$ of GDP	-23.5%
2009	0.113 constant LCU per US$ of GDP	+0.6%
2010	0.0975 constant LCU per US$ of GDP	-13.7%
2011	0.0622 constant LCU per US$ of GDP	-36.2%
2012	0.0774 constant LCU per US$ of GDP	+24.5%
2013	0.0831 constant LCU per US$ of GDP	+7.3%
2014	0.1181 constant LCU per US$ of GDP	+42.2%
2015	0.1135 constant LCU per US$ of GDP	-3.9%
2016	0.1046 constant LCU per US$ of GDP	-7.8%
2017	0.1141 constant LCU per US$ of GDP	+9.1%
2018	0.1119 constant LCU per US$ of GDP	-1.9%
2019	0.1144 constant LCU per US$ of GDP	+2.3%
2020	0.107 constant LCU per US$ of GDP	-6.5%
2021	0.108 constant LCU per US$ of GDP	+0.9%
2022	0.0915 constant LCU per US$ of GDP	-15.3%
2023	0.1131 constant LCU per US$ of GDP	+23.6%
2024	0.1124 constant LCU per US$ of GDP	-0.7%

Papua New Guinea compared with similar countries

Papua New Guinea's 0.1124 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 1.91 constant LCU per US$ of GDP, 6% of the median. (46 countries reporting)
Papua New Guinea's 0.1124 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 79% of the median. (24 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0555 constant LCU per US$ of GDP	0.0312 constant LCU per US$ of GDP	0.1034 constant LCU per US$ of GDP	10
1970s	0.0944 constant LCU per US$ of GDP	0.0532 constant LCU per US$ of GDP	0.145 constant LCU per US$ of GDP	10
1980s	0.1595 constant LCU per US$ of GDP	0.1294 constant LCU per US$ of GDP	0.1849 constant LCU per US$ of GDP	10
1990s	0.1245 constant LCU per US$ of GDP	0.0914 constant LCU per US$ of GDP	0.1795 constant LCU per US$ of GDP	4
2000s	0.1278 constant LCU per US$ of GDP	0.1123 constant LCU per US$ of GDP	0.1485 constant LCU per US$ of GDP	9
2010s	0.0997 constant LCU per US$ of GDP	0.0622 constant LCU per US$ of GDP	0.1181 constant LCU per US$ of GDP	10
2020s	0.1064 constant LCU per US$ of GDP	0.0915 constant LCU per US$ of GDP	0.1131 constant LCU per US$ of GDP	5

Countries ranked near Papua New Guinea

124 Tunisia 0.1273 constant LCU per US$ of GDP compare
125 Croatia 0.1191 constant LCU per US$ of GDP compare
126 New Zealand 0.1126 constant LCU per US$ of GDP compare
128 Sint Maarten (Dutch part) 0.1122 constant LCU per US$ of GDP compare
129 Kosovo 0.1108 constant LCU per US$ of GDP compare
129 Kosovo (UNSCR 1244) 0.1108 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

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)

All data for Papua New Guinea →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in Papua New Guinea?: Taxes less subsidies on products (constant lcu), per unit of gdp in Papua New Guinea was 0.1124 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Papua New Guinea?: The highest recorded value was 0.1849 constant LCU per US$ of GDP in 1986.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Papua New Guinea?: The lowest recorded value was 0.0312 constant LCU per US$ of GDP in 1961.
How does Papua New Guinea rank for taxes less subsidies on products (constant lcu), per unit of gdp?: Papua New Guinea ranks 127th out of 189 countries with data for 2024.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Papua New Guinea?: Over the last ten years it is down 4.9%. The long-run trend across the full record is rising.
Where does this Papua New Guinea data come from?: The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (constant LCU), per unit of GDP in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/papua-new-guinea/

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How this figure is calculated

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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: Taxes less subsidies on products (constant LCU), per unit of GDP
Unit: constant LCU per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 190 places, 7,344 data points, 1960–2025
Last refreshed: 17 September 2026

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.