Other expense in Papua New Guinea
Papua New Guinea: Other expense was 653.60 million current LCU in 2024. ◆ Volatile
Other expense in Papua New Guinea, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, other expense in Papua New Guinea stood at 653.60 million current LCU. That is the highest value across all 15 years on record.
That represents a change of up 918.8% on the previous year and up 378.1% over ten years.
Over the whole period, other expense in Papua New Guinea peaked at 653.60 million current LCU in 2024 and was at its lowest, 4.37 million current LCU, in 1990.
Papua New Guinea ranks 132nd of 149 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 | 7.56 million current LCU | 4.37 million current LCU | 16.37 million current LCU | 4 |
| 2010s | 95.80 million current LCU | 73.56 million current LCU | 136.70 million current LCU | 6 |
| 2020s | 246.50 million current LCU | 59.19 million current LCU | 653.60 million 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 other expense in Papua New Guinea?
- Other expense in Papua New Guinea was 653.60 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Papua New Guinea?
- The highest recorded value was 653.60 million current LCU in 2024.
- What is the lowest other expense recorded in Papua New Guinea?
- The lowest recorded value was 4.37 million current LCU in 1990.
- How does Papua New Guinea rank for other expense?
- Papua New Guinea ranks 132nd out of 149 countries with data for 2024.
- Is other expense rising or falling in Papua New Guinea?
- Over the last ten years it is up 378.1%. 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 Other expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. 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.