Other expense in Papua New Guinea
Papua New Guinea: Other expense was 0.3% in 2023. ◆ Volatile
Other expense in Papua New Guinea, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, other expense in Papua New Guinea stood at 0.3%. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 82.7% on the previous year and down 74.1% over ten years.
Over the whole period, other expense in Papua New Guinea peaked at 1.7% in 2022 and was at its lowest, 0.3%, in 2023.
Papua New Guinea ranks 139th of 147 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Other expense in Papua New Guinea, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 0.5% | — |
| 1991 | 0.5% | +1.6% |
| 1992 | 0.4% | -21.2% |
| 1993 | 1.1% | +207.2% |
| 2014 | 1.1% | -1.9% |
| 2015 | 1.0% | -9.7% |
| 2016 | 0.7% | -33.3% |
| 2017 | 0.7% | +0.1% |
| 2018 | 0.5% | -23.7% |
| 2019 | 0.5% | +4.4% |
| 2020 | 0.6% | +7.2% |
| 2021 | 0.3% | -42.5% |
| 2022 | 1.7% | +407.1% |
| 2023 | 0.3% | -82.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.4% | 1.1% | 4 |
| 2010s | 0.7% | 0.5% | 1.1% | 6 |
| 2020s | 0.7% | 0.3% | 1.7% | 4 |
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 other expense in Papua New Guinea?
- Other expense in Papua New Guinea was 0.3% in 2023, 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 1.7% in 2022.
- What is the lowest other expense recorded in Papua New Guinea?
- The lowest recorded value was 0.3% in 2023.
- How does Papua New Guinea rank for other expense?
- Papua New Guinea ranks 139th out of 147 countries with data for 2023.
- Is other expense rising or falling in Papua New Guinea?
- Over the last ten years it is down 74.1%. 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 (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.