Gross national expenditure in Papua New Guinea

Papua New Guinea: Gross national expenditure was 10.98 billion current LCU in 2004. ◆ Volatile

Latest (2004)
10.98 billion current LCU
Change on year
up 3.2%
World rank
171st
of 185 countries
All-time high
11.32 billion current LCU
in 2002
All-time low
244.40 million current LCU
in 1961
Years of data
44
1961–2004

Gross national expenditure in Papua New Guinea, 1961–2004

02.5B5.0B7.5B10.0B12.5B1961198220041961: 244.4M current LCU1962: 260.1M current LCU1963: 280.1M current LCU1964: 316.8M current LCU1965: 368.4M current LCU1966: 430.5M current LCU1967: 482.7M current LCU1968: 526.2M current LCU1969: 625.1M current LCU1970: 780.0M current LCU1971: 863.2M current LCU1972: 834.9M current LCU1973: 827.7M current LCU1974: 960.7M current LCU1975: 1.1B current LCU1976: 1.2B current LCU1977: 1.3B current LCU1978: 1.4B current LCU1979: 1.6B current LCU1980: 1.9B current LCU1981: 2.0B current LCU1982: 2.1B current LCU1983: 2.5B current LCU1984: 2.6B current LCU1985: 2.7B current LCU1986: 2.8B current LCU1987: 3.0B current LCU1988: 3.4B current LCU1989: 3.4B current LCU1990: 3.3B current LCU1991: 4.0B current LCU1992: 4.1B current LCU1993: 4.1B current LCU1994: 4.8B current LCU1995: 5.1B current LCU1996: 6.0B current LCU1997: 7.1B current LCU1998: 7.4B current LCU1999: 7.9B current LCU2000: 8.1B current LCU2001: 9.0B current LCU2002: 11.3B current LCU2003: 10.6B current LCU2004: 11.0B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2004, gross national expenditure in Papua New Guinea stood at 10.98 billion current LCU.

Compared with earlier readings it is up 3.2% on the previous year and up 130.2% over ten years.

Over the whole period, gross national expenditure in Papua New Guinea peaked at 11.32 billion current LCU in 2002 and was at its lowest, 244.40 million current LCU, in 1961.

That places Papua New Guinea 171st out of 185 countries with data for 2004, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 392.70 million current LCU 244.40 million current LCU 625.10 million current LCU 9
1970s 1.10 billion current LCU 780.00 million current LCU 1.65 billion current LCU 10
1980s 2.65 billion current LCU 1.89 billion current LCU 3.44 billion current LCU 10
1990s 5.39 billion current LCU 3.33 billion current LCU 7.93 billion current LCU 10
2000s 10.01 billion current LCU 8.09 billion current LCU 11.32 billion current LCU 5

Countries ranked near Papua New Guinea

  1. 168 Fiji 14.91 billion current LCU compare
  2. 169 Bahrain 14.61 billion current LCU compare
  3. 172 Montenegro 10.27 billion current LCU compare
  4. 173 Suriname 10.25 billion current LCU compare
  5. 174 Syria 7.14 billion current LCU compare

See the full ranking of 185 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is gross national expenditure in Papua New Guinea?
Gross national expenditure in Papua New Guinea was 10.98 billion current LCU in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Papua New Guinea?
The highest recorded value was 11.32 billion current LCU in 2002.
What is the lowest gross national expenditure recorded in Papua New Guinea?
The lowest recorded value was 244.40 million current LCU in 1961.
How does Papua New Guinea rank for gross national expenditure?
Papua New Guinea ranks 171st out of 185 countries with data for 2004.
Is gross national expenditure rising or falling in Papua New Guinea?
Over the last ten years it is up 130.2%. The long-run trend across the full record is volatile.
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 Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,556 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.