Total Expenditure (central government) — Value US$, 2015 prices in Papua New Guinea
Papua New Guinea: Total Expenditure (central government) — Value US$, 2015 prices was 5,669 million USD in 2023. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Papua New Guinea, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, total expenditure (central government) — value us$, 2015 prices in Papua New Guinea stood at 5,669 million USD. That is the highest value across all 23 years on record.
The figure is up 3.5% on the previous year and up 40.1% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Papua New Guinea peaked at 5,669 million USD in 2023 and was at its lowest, 1,604 million USD, in 2003.
Papua New Guinea ranks 103rd of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Papua New Guinea, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 2,144 million USD | — |
| 2002 | 1,970 million USD | -8.1% |
| 2003 | 1,604 million USD | -18.5% |
| 2004 | 1,875 million USD | +16.9% |
| 2005 | 2,944 million USD | +57.0% |
| 2006 | 2,074 million USD | -29.5% |
| 2007 | 3,103 million USD | +49.6% |
| 2008 | 3,051 million USD | -1.7% |
| 2009 | 2,891 million USD | -5.3% |
| 2010 | 2,630 million USD | -9.0% |
| 2011 | 4,071 million USD | +54.8% |
| 2012 | 2,969 million USD | -27.1% |
| 2013 | 4,048 million USD | +36.3% |
| 2014 | 4,144 million USD | +2.4% |
| 2015 | 4,433 million USD | +7.0% |
| 2016 | 3,773 million USD | -14.9% |
| 2017 | 4,358 million USD | +15.5% |
| 2018 | 4,807 million USD | +10.3% |
| 2019 | 5,318 million USD | +10.6% |
| 2020 | 5,627 million USD | +5.8% |
| 2021 | 5,218 million USD | -7.3% |
| 2022 | 5,476 million USD | +4.9% |
| 2023 | 5,669 million USD | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,406 million USD | 1,604 million USD | 3,103 million USD | 9 |
| 2010s | 4,055 million USD | 2,630 million USD | 5,318 million USD | 10 |
| 2020s | 5,498 million USD | 5,218 million USD | 5,669 million USD | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0165 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 47.98 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0635 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 184.85 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0146 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 42.52 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 110.76 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.6313 % change on previous year (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Papua New Guinea?
- Total expenditure (central government) — value us$, 2015 prices in Papua New Guinea was 5,669 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Papua New Guinea?
- The highest recorded value was 5,669 million USD in 2023.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Papua New Guinea?
- The lowest recorded value was 1,604 million USD in 2003.
- How does Papua New Guinea rank for total expenditure (central government) — value us$, 2015 prices?
- Papua New Guinea ranks 103rd out of 173 countries with data for 2023.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Papua New Guinea?
- Over the last ten years it is up 40.1%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.