Final consumption expenditure in Papua New Guinea
Papua New Guinea: Final consumption expenditure was 4.88 billion constant LCU in 2004. ▲ Rising
Final consumption expenditure in Papua New Guinea, 1961–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for final consumption expenditure in Papua New Guinea is 4.88 billion constant LCU, measured in 2004.
That represents a change of up 10.5% on the previous year and down 11.9% over ten years.
Over the whole period, final consumption expenditure in Papua New Guinea peaked at 6.27 billion constant LCU in 1997 and was at its lowest, 2.05 billion constant LCU, in 1961.
Papua New Guinea ranks 166th of 176 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.67 billion constant LCU | 2.05 billion constant LCU | 3.35 billion constant LCU | 9 |
| 1970s | 3.94 billion constant LCU | 3.45 billion constant LCU | 4.39 billion constant LCU | 10 |
| 1980s | 4.49 billion constant LCU | 4.27 billion constant LCU | 4.67 billion constant LCU | 10 |
| 1990s | 5.32 billion constant LCU | 4.18 billion constant LCU | 6.27 billion constant LCU | 10 |
| 2000s | 4.74 billion constant LCU | 4.40 billion constant LCU | 5.29 billion constant LCU | 5 |
Countries ranked near Papua New Guinea
- 163 Sao Tome and Principe 6.23 billion constant LCU compare
- 164 Montenegro 5.28 billion constant LCU compare
- 165 Tajikistan 4.98 billion constant LCU compare
- 167 Belize 4.36 billion constant LCU compare
- 168 Bermuda 4.12 billion constant LCU compare
- 169 United States Virgin Islands 3.58 billion constant LCU compare
More economy & growth data for Papua New Guinea
- DEC alternative conversion factor 4.12 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 931.74 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 226.00 million current US$ (2025)
- Taxes less subsidies on products 5.32 billion current LCU (2024)
- Taxes less subsidies on products 1.38 billion current US$ (2024)
- Net primary income (Net income from abroad) -9.64 billion current LCU (2025)
- Net primary income (Net income from abroad) -2.34 billion current US$ (2025)
- GNI per capita 11,553 current LCU (2025)
- GNI per capita, Atlas method 2,890 current US$ (2025)
- GNI 124.34 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Papua New Guinea?
- Final consumption expenditure in Papua New Guinea was 4.88 billion constant LCU in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Papua New Guinea?
- The highest recorded value was 6.27 billion constant LCU in 1997.
- What is the lowest final consumption expenditure recorded in Papua New Guinea?
- The lowest recorded value was 2.05 billion constant LCU in 1961.
- How does Papua New Guinea rank for final consumption expenditure?
- Papua New Guinea ranks 166th out of 176 countries with data for 2004.
- Is final consumption expenditure rising or falling in Papua New Guinea?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.