Home/Countries/Papua New Guinea/Government Consumption (% of GDP)

Papua New GuineaGovernment Consumption (% of GDP)

Category: EconomySource: World Bank World Development Indicators
Latest Value
15.3%
2004
YoY Change
+0.4%
20032004
Maximum
16.6%
2000
Minimum
15.3%
2003
CAGR
-1.9%
5 years
Last
15.3%
Previous
15.3%
Highest
16.6%
Lowest
15.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
200415.3%+0.4%
200315.3%-0.5%
200215.3%-5.5%
200116.2%-2.0%
200016.6%

Top Countries — Government Consumption (% of GDP)

#CountryValueYear
1Timor-Leste60.6%2024
2Kiribati55.9%2023
3Marshall Islands53.6%2024
4Greenland41.7%2023
5Palau41.6%2023
6Ukraine37.9%2024
7Lesotho35.6%2023
8Libya35.3%2024
9Virgin Islands (U.S.)34.4%2022
10Botswana32.1%2024
View all 176 countries →

About This Indicator

Definition

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Source: World Bank - World Development IndicatorsView original source →