Taxes on goods and services (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Taxes on goods and services (current LCU), per unit of GDP was 0.1727 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Papua New Guinea, 1990–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Papua New Guinea is 0.1727 current LCU per US$ of GDP, measured in 2024. That is the highest value across all 24 years on record.
The figure is up 1.8% on the previous year and up 39.0% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Papua New Guinea peaked at 0.1727 current LCU per US$ of GDP in 2024 and was at its lowest, 0.0215 current LCU per US$ of GDP, in 1994.
That places Papua New Guinea 109th out of 157 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0337 current LCU per US$ of GDP | — |
| 1991 | 0.0261 current LCU per US$ of GDP | -22.8% |
| 1992 | 0.0251 current LCU per US$ of GDP | -3.9% |
| 1993 | 0.0228 current LCU per US$ of GDP | -9.2% |
| 1994 | 0.0215 current LCU per US$ of GDP | -5.7% |
| 1995 | 0.0264 current LCU per US$ of GDP | +23.2% |
| 1996 | 0.0243 current LCU per US$ of GDP | -7.9% |
| 1997 | 0.0328 current LCU per US$ of GDP | +34.6% |
| 1998 | 0.0499 current LCU per US$ of GDP | +52.1% |
| 1999 | 0.0622 current LCU per US$ of GDP | +24.7% |
| 2000 | 0.0724 current LCU per US$ of GDP | +16.5% |
| 2001 | 0.1112 current LCU per US$ of GDP | +53.4% |
| 2002 | 0.1143 current LCU per US$ of GDP | +2.8% |
| 2014 | 0.1242 current LCU per US$ of GDP | +8.7% |
| 2015 | 0.1234 current LCU per US$ of GDP | -0.7% |
| 2016 | 0.1245 current LCU per US$ of GDP | +0.9% |
| 2017 | 0.1431 current LCU per US$ of GDP | +15.0% |
| 2018 | 0.1467 current LCU per US$ of GDP | +2.5% |
| 2019 | 0.159 current LCU per US$ of GDP | +8.4% |
| 2020 | 0.1414 current LCU per US$ of GDP | -11.1% |
| 2021 | 0.1568 current LCU per US$ of GDP | +10.8% |
| 2022 | 0.1356 current LCU per US$ of GDP | -13.5% |
| 2023 | 0.1696 current LCU per US$ of GDP | +25.0% |
| 2024 | 0.1727 current LCU per US$ of GDP | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0325 current LCU per US$ of GDP | 0.0215 current LCU per US$ of GDP | 0.0622 current LCU per US$ of GDP | 10 |
| 2000s | 0.0993 current LCU per US$ of GDP | 0.0724 current LCU per US$ of GDP | 0.1143 current LCU per US$ of GDP | 3 |
| 2010s | 0.1368 current LCU per US$ of GDP | 0.1234 current LCU per US$ of GDP | 0.159 current LCU per US$ of GDP | 6 |
| 2020s | 0.1552 current LCU per US$ of GDP | 0.1356 current LCU per US$ of GDP | 0.1727 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 106 Saudi Arabia 0.2303 current LCU per US$ of GDP compare
- 107 Saint Lucia 0.195 current LCU per US$ of GDP compare
- 108 Malaysia 0.1736 current LCU per US$ of GDP compare
- 110 Saint Kitts and Nevis 0.1681 current LCU per US$ of GDP compare
- 111 Croatia 0.1655 current LCU per US$ of GDP compare
- 112 Kiribati 0.158 current LCU per US$ of GDP 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), per unit of gdp in Papua New Guinea?
- Taxes on goods and services (current lcu), per unit of gdp in Papua New Guinea was 0.1727 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.1727 current LCU per US$ of GDP in 2024.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.0215 current LCU per US$ of GDP in 1994.
- How does Papua New Guinea rank for taxes on goods and services (current lcu), per unit of gdp?
- Papua New Guinea ranks 109th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 39.0%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.