Revenue, excluding grants in Papua New Guinea
Papua New Guinea: Revenue, excluding grants was 19.65 billion current LCU in 2024. ◆ Volatile
Revenue, excluding grants in Papua New Guinea, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Papua New Guinea recorded 19.65 billion current LCU for revenue, excluding grants in 2024. That is the highest value across all 24 years on record.
That represents a change of up 5.3% on the previous year and up 78.5% over ten years.
Over the whole period, revenue, excluding grants in Papua New Guinea peaked at 19.65 billion current LCU in 2024 and was at its lowest, 776.46 million current LCU, in 1990.
Papua New Guinea ranks 126th of 157 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.36 billion current LCU | 776.46 million current LCU | 2.02 billion current LCU | 10 |
| 2000s | 2.57 billion current LCU | 2.36 billion current LCU | 2.72 billion current LCU | 3 |
| 2010s | 10.75 billion current LCU | 9.06 billion current LCU | 12.25 billion current LCU | 6 |
| 2020s | 15.56 billion current LCU | 10.67 billion current LCU | 19.65 billion current LCU | 5 |
Countries ranked near Papua New Guinea
More public sector data for Papua New Guinea
- Arms imports 9.00 million SIPRI trend indicator values (2023)
- Tax revenue 15.5% (2024)
- Taxes on income, profits and capital gains 59.4% (2024)
- Taxes on goods and services 25.5% (2024)
- Net investment in nonfinancial assets 2.0% (2024)
- Net lending (+) / net borrowing (-) -3.3% (2024)
- Interest payments 14.2% (2024)
- Grants and other revenue 11.4% (2024)
- Interest payments 12.3% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is revenue, excluding grants in Papua New Guinea?
- Revenue, excluding grants in Papua New Guinea was 19.65 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Papua New Guinea?
- The highest recorded value was 19.65 billion current LCU in 2024.
- What is the lowest revenue, excluding grants recorded in Papua New Guinea?
- The lowest recorded value was 776.46 million current LCU in 1990.
- How does Papua New Guinea rank for revenue, excluding grants?
- Papua New Guinea ranks 126th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Papua New Guinea?
- Over the last ten years it is up 78.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.