Tax revenue (current LCU) in Papua New Guinea
Papua New Guinea: Tax revenue (current LCU) was 18.45 billion current LCU in 2024. ◆ Volatile
Tax revenue 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, tax revenue in Papua New Guinea stood at 18.45 billion current LCU. That is the highest value across all 24 years on record.
The figure is up 4.7% on the previous year and up 80.3% over ten years.
Over the whole period, tax revenue in Papua New Guinea peaked at 18.45 billion current LCU in 2024 and was at its lowest, 617.50 million current LCU, in 1990.
Papua New Guinea ranks 116th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 617.50 million current LCU | — |
| 1991 | 639.40 million current LCU | +3.5% |
| 1992 | 772.14 million current LCU | +20.8% |
| 1993 | 966.82 million current LCU | +25.2% |
| 1994 | 1.14 billion current LCU | +17.8% |
| 1995 | 1.22 billion current LCU | +7.3% |
| 1996 | 1.53 billion current LCU | +24.9% |
| 1997 | 1.68 billion current LCU | +10.0% |
| 1998 | 1.60 billion current LCU | -4.8% |
| 1999 | 1.92 billion current LCU | +20.4% |
| 2000 | 1.85 billion current LCU | -4.0% |
| 2001 | 2.57 billion current LCU | +39.0% |
| 2002 | 2.45 billion current LCU | -4.6% |
| 2014 | 10.23 billion current LCU | +317.8% |
| 2015 | 9.16 billion current LCU | -10.5% |
| 2016 | 8.42 billion current LCU | -8.0% |
| 2017 | 9.14 billion current LCU | +8.5% |
| 2018 | 10.48 billion current LCU | +14.6% |
| 2019 | 10.92 billion current LCU | +4.2% |
| 2020 | 9.80 billion current LCU | -10.2% |
| 2021 | 11.13 billion current LCU | +13.5% |
| 2022 | 16.45 billion current LCU | +47.8% |
| 2023 | 17.63 billion current LCU | +7.1% |
| 2024 | 18.45 billion current LCU | +4.7% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 18.45 billion current LCU is below the median for lower middle income countries, which is 306.46 billion current LCU, 6% of the median. (36 countries reporting)
- Papua New Guinea's 18.45 billion current LCU is below the median for East Asia & Pacific, which is 106.40 billion current LCU, 17% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (current LCU) in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +317.8% | 2.45 billion current LCU | 10.23 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.21 billion current LCU | 617.50 million current LCU | 1.92 billion current LCU | 10 |
| 2000s | 2.29 billion current LCU | 1.85 billion current LCU | 2.57 billion current LCU | 3 |
| 2010s | 9.72 billion current LCU | 8.42 billion current LCU | 10.92 billion current LCU | 6 |
| 2020s | 14.69 billion current LCU | 9.80 billion current LCU | 18.45 billion current LCU | 5 |
Countries ranked near Papua New Guinea
More public sector data for Papua New Guinea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Papua New Guinea?
- Tax revenue in Papua New Guinea was 18.45 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Papua New Guinea?
- The highest recorded value was 18.45 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Papua New Guinea?
- The lowest recorded value was 617.50 million current LCU in 1990.
- How does Papua New Guinea rank for tax revenue?
- Papua New Guinea ranks 116th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Papua New Guinea?
- Over the last ten years it is up 80.3%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.