Taxes on goods and services in Papua New Guinea
Papua New Guinea: Taxes on goods and services was 5.32 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Papua New Guinea, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Papua New Guinea recorded 5.32 billion current LCU for taxes on goods and services in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 84.5% over ten years.
Over the whole period, taxes on goods and services in Papua New Guinea peaked at 5.32 billion current LCU in 2024 and was at its lowest, 98.69 million current LCU, in 1991.
That places Papua New Guinea 128th out of 157 countries with data for 2024, putting it 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 in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 108.63 million current LCU | — |
| 1991 | 98.69 million current LCU | -9.2% |
| 1992 | 109.67 million current LCU | +11.1% |
| 1993 | 113.21 million current LCU | +3.2% |
| 1994 | 118.07 million current LCU | +4.3% |
| 1995 | 122.51 million current LCU | +3.8% |
| 1996 | 125.50 million current LCU | +2.4% |
| 1997 | 161.80 million current LCU | +28.9% |
| 1998 | 188.97 million current LCU | +16.8% |
| 1999 | 216.16 million current LCU | +14.4% |
| 2000 | 255.09 million current LCU | +18.0% |
| 2001 | 342.46 million current LCU | +34.2% |
| 2002 | 342.80 million current LCU | +0.1% |
| 2014 | 2.88 billion current LCU | +741.2% |
| 2015 | 2.68 billion current LCU | -7.1% |
| 2016 | 2.58 billion current LCU | -3.6% |
| 2017 | 3.26 billion current LCU | +26.0% |
| 2018 | 3.54 billion current LCU | +8.7% |
| 2019 | 3.94 billion current LCU | +11.3% |
| 2020 | 3.37 billion current LCU | -14.3% |
| 2021 | 4.09 billion current LCU | +21.4% |
| 2022 | 4.29 billion current LCU | +4.9% |
| 2023 | 5.23 billion current LCU | +21.7% |
| 2024 | 5.32 billion current LCU | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 136.32 million current LCU | 98.69 million current LCU | 216.16 million current LCU | 10 |
| 2000s | 313.45 million current LCU | 255.09 million current LCU | 342.80 million current LCU | 3 |
| 2010s | 3.15 billion current LCU | 2.58 billion current LCU | 3.94 billion current LCU | 6 |
| 2020s | 4.46 billion current LCU | 3.37 billion current LCU | 5.32 billion 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)
- 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 in Papua New Guinea?
- Taxes on goods and services in Papua New Guinea was 5.32 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Papua New Guinea?
- The highest recorded value was 5.32 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Papua New Guinea?
- The lowest recorded value was 98.69 million current LCU in 1991.
- How does Papua New Guinea rank for taxes on goods and services?
- Papua New Guinea ranks 128th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Papua New Guinea?
- Over the last ten years it is up 84.5%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.