Taxes on goods and services (current LCU), annual growth rate in Papua New Guinea
Papua New Guinea: Taxes on goods and services (current LCU), annual growth rate was 1.78 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Papua New Guinea, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded 1.78 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
The figure is down 91.8% on the previous year and up 125.3% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Papua New Guinea peaked at 34.25 % change on previous year in 2001 and was at its lowest, -14.32 % change on previous year, in 2020.
Papua New Guinea ranks 128th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -9.15 % change on previous year | — |
| 1992 | 11.13 % change on previous year | -221.6% |
| 1993 | 3.23 % change on previous year | -71.0% |
| 1994 | 4.29 % change on previous year | +32.9% |
| 1995 | 3.76 % change on previous year | -12.3% |
| 1996 | 2.44 % change on previous year | -35.1% |
| 1997 | 28.92 % change on previous year | +1085.1% |
| 1998 | 16.79 % change on previous year | -41.9% |
| 1999 | 14.39 % change on previous year | -14.3% |
| 2000 | 18.01 % change on previous year | +25.2% |
| 2001 | 34.25 % change on previous year | +90.1% |
| 2002 | 0.0972 % change on previous year | -99.7% |
| 2015 | -7.06 % change on previous year | -7356.6% |
| 2016 | -3.58 % change on previous year | -49.2% |
| 2017 | 25.97 % change on previous year | -824.5% |
| 2018 | 8.67 % change on previous year | -66.6% |
| 2019 | 11.29 % change on previous year | +30.2% |
| 2020 | -14.32 % change on previous year | -226.9% |
| 2021 | 21.37 % change on previous year | -249.2% |
| 2022 | 4.89 % change on previous year | -77.1% |
| 2023 | 21.74 % change on previous year | +344.5% |
| 2024 | 1.78 % change on previous year | -91.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.42 % change on previous year | -9.15 % change on previous year | 28.92 % change on previous year | 9 |
| 2000s | 17.45 % change on previous year | 0.0972 % change on previous year | 34.25 % change on previous year | 3 |
| 2010s | 7.06 % change on previous year | -7.06 % change on previous year | 25.97 % change on previous year | 5 |
| 2020s | 7.09 % change on previous year | -14.32 % change on previous year | 21.74 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 125 United Kingdom of Great Britain and Northern Ireland 2.13 % change on previous year compare
- 126 Austria 2.13 % change on previous year compare
- 127 Finland 1.87 % change on previous year compare
- 129 Australia 1.15 % change on previous year compare
- 130 Slovakia 0.8526 % change on previous year compare
- 131 Saint Vincent and the Grenadines 0.5222 % change on previous year 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 taxes on goods and services (current lcu), annual growth rate in Papua New Guinea?
- Taxes on goods and services (current lcu), annual growth rate in Papua New Guinea was 1.78 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 34.25 % change on previous year in 2001.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -14.32 % change on previous year in 2020.
- How does Papua New Guinea rank for taxes on goods and services (current lcu), annual growth rate?
- Papua New Guinea ranks 128th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 125.3%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.