Taxes on goods and services (current LCU) in Papua New Guinea
Papua New Guinea: Taxes on goods and services (current LCU) 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 (current LCU) 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% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 5.32 billion current LCU is below the median for lower middle income countries, which is 140.56 billion current LCU, 4% of the median. (37 countries reporting)
- Papua New Guinea's 5.32 billion current LCU is below the median for East Asia & Pacific, which is 34.13 billion current LCU, 16% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (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 | +741.2% | 342.80 million current LCU | 2.88 billion current LCU |
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
- 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 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.