Grants and other revenue in Papua New Guinea
Papua New Guinea: Grants and other revenue was 2.38 billion current LCU in 2024. ◆ Volatile
Grants and other revenue 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 2.38 billion current LCU for grants and other revenue in 2024.
That represents a change of up 9.0% on the previous year and up 44.8% over ten years.
Over the whole period, grants and other revenue in Papua New Guinea peaked at 3.61 billion current LCU in 2018 and was at its lowest, 212.61 million current LCU, in 2002.
That places Papua New Guinea 123rd out of 154 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Grants and other revenue in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 377.92 million current LCU | — |
| 1991 | 568.68 million current LCU | +50.5% |
| 1992 | 338.09 million current LCU | -40.5% |
| 1993 | 336.80 million current LCU | -0.4% |
| 1994 | 266.93 million current LCU | -20.7% |
| 1995 | 369.15 million current LCU | +38.3% |
| 1996 | 299.11 million current LCU | -19.0% |
| 1997 | 409.52 million current LCU | +36.9% |
| 1998 | 405.68 million current LCU | -0.9% |
| 1999 | 557.57 million current LCU | +37.4% |
| 2000 | 911.90 million current LCU | +63.5% |
| 2001 | 263.92 million current LCU | -71.1% |
| 2002 | 212.61 million current LCU | -19.4% |
| 2014 | 1.64 billion current LCU | +672.7% |
| 2015 | 1.85 billion current LCU | +12.3% |
| 2016 | 2.06 billion current LCU | +11.8% |
| 2017 | 2.38 billion current LCU | +15.5% |
| 2018 | 3.61 billion current LCU | +51.4% |
| 2019 | 2.95 billion current LCU | -18.3% |
| 2020 | 2.29 billion current LCU | -22.3% |
| 2021 | 2.73 billion current LCU | +19.2% |
| 2022 | 2.08 billion current LCU | -23.7% |
| 2023 | 2.18 billion current LCU | +4.7% |
| 2024 | 2.38 billion current LCU | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 392.95 million current LCU | 266.93 million current LCU | 568.68 million current LCU | 10 |
| 2000s | 462.81 million current LCU | 212.61 million current LCU | 911.90 million current LCU | 3 |
| 2010s | 2.42 billion current LCU | 1.64 billion current LCU | 3.61 billion current LCU | 6 |
| 2020s | 2.33 billion current LCU | 2.08 billion current LCU | 2.73 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)
- 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 grants and other revenue in Papua New Guinea?
- Grants and other revenue in Papua New Guinea was 2.38 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in Papua New Guinea?
- The highest recorded value was 3.61 billion current LCU in 2018.
- What is the lowest grants and other revenue recorded in Papua New Guinea?
- The lowest recorded value was 212.61 million current LCU in 2002.
- How does Papua New Guinea rank for grants and other revenue?
- Papua New Guinea ranks 123rd out of 154 countries with data for 2024.
- Is grants and other revenue rising or falling in Papua New Guinea?
- Over the last ten years it is up 44.8%. 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 Grants and other revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. 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.