Gross national expenditure in Papua New Guinea

Papua New Guinea: Gross national expenditure was 3.41 billion current US$ in 2004. ◆ Volatile

Latest (2004)
3.41 billion current US$
Change on year
up 13.9%
World rank
167th
of 185 countries
All-time high
4.98 billion current US$
in 1997
All-time low
273.73 million current US$
in 1961
Years of data
44
1961–2004

Gross national expenditure in Papua New Guinea, 1961–2004

01.0B2.0B3.0B4.0B5.0B1961198220041961: 273.7M current US$1962: 291.3M current US$1963: 313.7M current US$1964: 354.8M current US$1965: 412.6M current US$1966: 482.2M current US$1967: 540.6M current US$1968: 589.3M current US$1969: 700.1M current US$1970: 873.6M current US$1971: 977.8M current US$1972: 999.8M current US$1973: 1.2B current US$1974: 1.4B current US$1975: 1.5B current US$1976: 1.5B current US$1977: 1.7B current US$1978: 2.0B current US$1979: 2.3B current US$1980: 2.8B current US$1981: 3.0B current US$1982: 2.9B current US$1983: 3.0B current US$1984: 2.9B current US$1985: 2.7B current US$1986: 2.9B current US$1987: 3.3B current US$1988: 4.0B current US$1989: 4.0B current US$1990: 3.5B current US$1991: 4.2B current US$1992: 4.3B current US$1993: 4.2B current US$1994: 4.7B current US$1995: 3.8B current US$1996: 4.6B current US$1997: 5.0B current US$1998: 3.6B current US$1999: 3.1B current US$2000: 2.9B current US$2001: 2.7B current US$2002: 2.9B current US$2003: 3.0B current US$2004: 3.4B current US$

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

Analysis

In 2004, gross national expenditure in Papua New Guinea stood at 3.41 billion current US$.

Compared with earlier readings it is up 13.9% on the previous year and down 28.2% over ten years.

Over the whole period, gross national expenditure in Papua New Guinea peaked at 4.98 billion current US$ in 1997 and was at its lowest, 273.73 million current US$, in 1961.

Papua New Guinea ranks 167th of 185 countries on this measure, 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 439.82 million current US$ 273.73 million current US$ 700.11 million current US$ 9
1970s 1.44 billion current US$ 873.60 million current US$ 2.31 billion current US$ 10
1980s 3.15 billion current US$ 2.67 billion current US$ 3.98 billion current US$ 10
1990s 4.10 billion current US$ 3.12 billion current US$ 4.98 billion current US$ 10
2000s 2.98 billion current US$ 2.68 billion current US$ 3.41 billion current US$ 5

Countries ranked near Papua New Guinea

  1. 164 Greenland 3.67 billion current US$ compare
  2. 165 Gambia 3.55 billion current US$ compare
  3. 166 Central African Republic 3.50 billion current US$ compare
  4. 168 Cape Verde 3.40 billion current US$ compare
  5. 169 East Timor 3.25 billion current US$ compare
  6. 170 Belize 3.20 billion current US$ compare

See the full ranking of 228 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 3.41 billion current US$ 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 4.98 billion current US$ in 1997.
What is the lowest gross national expenditure recorded in Papua New Guinea?
The lowest recorded value was 273.73 million current US$ in 1961.
How does Papua New Guinea rank for gross national expenditure?
Papua New Guinea ranks 167th 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 down 28.2%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 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 indicator is expressed in United States dollars.