Papua New Guinea: Government spending, percent of GDP

The latest value from 2004 is 15.31 percent, an increase from 15.26 percent in 2003. In comparison, the world average is 15.74 percent, based on data from 159 countries. Historically, the average for Papua New Guinea from 1961 to 2004 is 25.03 percent. The minimum value, 15.26 percent, was reached in 2003 while the maximum of 35.78 percent was recorded in 1966. See the global rankings for that indicator or use the country comparator to compare trends over time.

The government size of Papua New Guinea and other countries is calculated as the total government spending as percent of GDP.

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.