Total Expenditure (central government) — Value US$ in Papua New Guinea
Papua New Guinea: Total Expenditure (central government) — Value US$ was 6,857 million USD in 2023. ◆ Volatile
Total Expenditure (central government) — Value US$ in Papua New Guinea, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$ in Papua New Guinea is 6,857 million USD, measured in 2023.
The figure is down 1.1% on the previous year and up 43.0% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Papua New Guinea peaked at 6,930 million USD in 2022 and was at its lowest, 745.48 million USD, in 2003.
Papua New Guinea ranks 103rd of 173 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value US$ in Papua New Guinea, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 875.93 million USD | — |
| 2002 | 783.63 million USD | -10.5% |
| 2003 | 745.48 million USD | -4.9% |
| 2004 | 973.86 million USD | +30.6% |
| 2005 | 1,714 million USD | +76.0% |
| 2006 | 1,341 million USD | -21.8% |
| 2007 | 2,126 million USD | +58.5% |
| 2008 | 2,563 million USD | +20.6% |
| 2009 | 2,264 million USD | -11.7% |
| 2010 | 2,294 million USD | +1.3% |
| 2011 | 4,432 million USD | +93.2% |
| 2012 | 3,657 million USD | -17.5% |
| 2013 | 4,794 million USD | +31.1% |
| 2014 | 4,718 million USD | -1.6% |
| 2015 | 4,433 million USD | -6.1% |
| 2016 | 3,418 million USD | -22.9% |
| 2017 | 4,177 million USD | +22.2% |
| 2018 | 4,899 million USD | +17.3% |
| 2019 | 5,325 million USD | +8.7% |
| 2020 | 5,606 million USD | +5.3% |
| 2021 | 5,737 million USD | +2.3% |
| 2022 | 6,930 million USD | +20.8% |
| 2023 | 6,857 million USD | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,487 million USD | 745.48 million USD | 2,563 million USD | 9 |
| 2010s | 4,215 million USD | 2,294 million USD | 5,325 million USD | 10 |
| 2020s | 6,283 million USD | 5,606 million USD | 6,930 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.68 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,718 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8374 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,439 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 2.23 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$ in Papua New Guinea?
- Total expenditure (central government) — value us$ in Papua New Guinea was 6,857 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Papua New Guinea?
- The highest recorded value was 6,930 million USD in 2022.
- What is the lowest total expenditure (central government) — value us$ recorded in Papua New Guinea?
- The lowest recorded value was 745.48 million USD in 2003.
- How does Papua New Guinea rank for total expenditure (central government) — value us$?
- Papua New Guinea ranks 103rd out of 173 countries with data for 2023.
- Is total expenditure (central government) — value us$ rising or falling in Papua New Guinea?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is volatile.
- 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$. 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.