Goods and services expense in Papua New Guinea
Papua New Guinea: Goods and services expense was 23.1% in 2023. ▼ Falling
Goods and services expense in Papua New Guinea, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Papua New Guinea recorded 23.1% for goods and services expense in 2023.
Compared with earlier readings it is down 17.2% on the previous year and up 16.2% over ten years.
Over the whole period, goods and services expense in Papua New Guinea peaked at 37.2% in 2000 and was at its lowest, 12.1%, in 1998.
That places Papua New Guinea 32nd out of 154 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Goods and services expense in Papua New Guinea, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 29.5% | — |
| 1991 | 34.8% | +17.8% |
| 1992 | 31.1% | -10.7% |
| 1993 | 36.4% | +17.1% |
| 1994 | 17.5% | -51.9% |
| 1995 | 18.5% | +5.9% |
| 1996 | 36.2% | +95.3% |
| 1997 | 31.4% | -13.2% |
| 1998 | 12.1% | -61.5% |
| 1999 | 28.7% | +137.9% |
| 2000 | 37.2% | +29.3% |
| 2001 | 36.6% | -1.4% |
| 2002 | 35.2% | -3.9% |
| 2014 | 19.9% | -43.6% |
| 2015 | 21.5% | +8.0% |
| 2016 | 20.9% | -2.7% |
| 2017 | 25.9% | +24.3% |
| 2018 | 26.3% | +1.5% |
| 2019 | 32.0% | +21.3% |
| 2020 | 24.8% | -22.5% |
| 2021 | 26.3% | +6.2% |
| 2022 | 27.9% | +6.1% |
| 2023 | 23.1% | -17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.6% | 12.1% | 36.4% | 10 |
| 2000s | 36.3% | 35.2% | 37.2% | 3 |
| 2010s | 24.4% | 19.9% | 32.0% | 6 |
| 2020s | 25.5% | 23.1% | 27.9% | 4 |
Countries ranked near Papua New Guinea
- 29 Zambia 25.4% compare
- 30 Ecuador 24.6% compare
- 31 Niger 24.1%
- 33 San Marino 22.9% compare
- 34 Philippines 22.3% compare
- 35 Trinidad and Tobago 22.1% compare
More public sector data for Papua New Guinea
- Arms imports 9.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.8663 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 600 % change on previous year (1997)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 8.6 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.003 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.01 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.87 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Papua New Guinea?
- Goods and services expense in Papua New Guinea was 23.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Papua New Guinea?
- The highest recorded value was 37.2% in 2000.
- What is the lowest goods and services expense recorded in Papua New Guinea?
- The lowest recorded value was 12.1% in 1998.
- How does Papua New Guinea rank for goods and services expense?
- Papua New Guinea ranks 32nd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Papua New Guinea?
- Over the last ten years it is up 16.2%. 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.