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

Papua New Guinea—Government Consumption (% of GDP)

Category: EconomySource: World Bank World Development Indicators ↗Series years: 2000–2004
Latest Value
15.3%
2004
YoY Change
+0.4%
2003 → 2004
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%
Unit
% of GDP
Source
World Bank World Development Indicators

Papua New Guinea's government consumption (% of GDP) was 15.3% in 2004. This represents a +0.4% change from 2003. Over the past 5 years, the highest recorded value was 16.6% (2000) and the lowest was 15.3% (2003). Data sourced from the 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
2Kiribati59.0%2024
3Marshall Islands54.5%2024
4Greenland41.7%2023
5Ukraine38.9%2025
6Palau38.3%2024
7Lesotho36.4%2025
8Virgin Islands (U.S.)34.4%2022
9Equatorial Guinea32.4%2025
10Libya32.3%2025
View all 178 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).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2004View original source →