Belgium vs Papua New Guinea: Goods and services expense
Goods and services expense over time
- Belgium
- Papua New Guinea
How they compare
Belgium currently reports 6.97 billion current LCU against 4.11 billion current LCU in Papua New Guinea, a difference of 2.86 billion current LCU.
That makes Belgium's figure about 1.7 times Papua New Guinea's.
The two have swapped places 2 times across 19 shared years of data; in 1995 it was Belgium ahead.
Belgium ranks 111th and Papua New Guinea ranks 114th of 155 countries.
Belgium has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Belgium | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.17 billion current LCU | 498.61 million current LCU | 1.67 billion current LCU | Belgium |
| 2000s | 2.68 billion current LCU | 1.01 billion current LCU | 1.67 billion current LCU | Belgium |
| 2010s | 4.57 billion current LCU | 3.28 billion current LCU | 1.30 billion current LCU | Belgium |
| 2020s | 6.09 billion current LCU | 4.88 billion current LCU | 1.21 billion current LCU | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Belgium or Papua New Guinea?
- Belgium, at 6.97 billion current LCU against 4.11 billion current LCU in Papua New Guinea as of 2024.
- What is the difference in goods and services expense between Belgium and Papua New Guinea?
- 2.86 billion current LCU, with Belgium ahead.
- How many years of comparable data are there for Belgium and Papua New Guinea?
- 19 years are reported by both, from 1995 to 2024.
- How do Belgium and Papua New Guinea rank globally for goods and services expense?
- Belgium ranks 111th and Papua New Guinea ranks 114th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.