Social contributions in Papua New Guinea
Papua New Guinea: Social contributions was 4.45 million current LCU in 2002. ▼ Falling
Social contributions in Papua New Guinea, 1990–2002
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2002, social contributions in Papua New Guinea stood at 4.45 million current LCU.
The figure is up 11.1% on the previous year and down 31.7% over ten years.
Over the whole period, social contributions in Papua New Guinea peaked at 7.87 million current LCU in 1996 and was at its lowest, 3.13 million current LCU, in 1990.
Papua New Guinea ranks 105th of 112 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.60 million current LCU | 3.13 million current LCU | 7.87 million current LCU | 10 |
| 2000s | 4.45 million current LCU | 4.00 million current LCU | 4.89 million current LCU | 3 |
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 social contributions in Papua New Guinea?
- Social contributions in Papua New Guinea was 4.45 million current LCU in 2002, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Papua New Guinea?
- The highest recorded value was 7.87 million current LCU in 1996.
- What is the lowest social contributions recorded in Papua New Guinea?
- The lowest recorded value was 3.13 million current LCU in 1990.
- How does Papua New Guinea rank for social contributions?
- Papua New Guinea ranks 105th out of 112 countries with data for 2002.
- Is social contributions rising or falling in Papua New Guinea?
- Over the last ten years it is down 31.7%. The long-run trend across the full record is falling.
- 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.