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Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Papua New Guinea

Household consumption (% of GDP) in Papua New Guinea in 2004 — 51.4%. Ranked 130 in the world out of 167. Since 1961, the indicator has fallen by 19 pp.

2004 51.4% +2 pp vs 2003
World rank 130of 167
Period maximum 70.5%1961
Period minimum 42%1993

Trend over time

1961–2004 · % of GDP

Household consumption (% of GDP) — Papua New Guinea, 1961–2004405060708019611966197119761981198619911996200120041961: 70.5%1962: 69.4%1963: 66.5%1964: 64.3%1965: 64.1%1966: 65.1%1967: 65.6%1968: 66.2%1969: 66%1970: 63.6%1971: 62.7%1972: 58.2%1973: 47.8%1974: 47.3%1975: 53.7%1976: 52.2%1977: 53.4%1978: 55.9%1979: 54.6%1980: 61.5%1981: 65.7%1982: 63.9%1983: 64.5%1984: 63.5%1985: 67%1986: 65.1%1987: 63.6%1988: 60.6%1989: 64.4%1990: 59%1991: 58.8%1992: 50.8%1993: 42%1994: 46.3%1995: 43.6%1996: 46.3%1997: 60.6%1998: 58.8%1999: 56.5%2000: 44.6%2001: 47.7%2002: 60.6%2003: 49.4%2004: 51.4%
Change over the period: −19 pp Annual average: -0.44 pp

Comparison, 2004

How the value compares with the world and the groups this territory belongs to: Papua New Guinea

Papua New Guinea 51.4%
World 59.4%
East Asia & Pacific 52%
Melanesia computed 61.6%
Lower-middle-income countries computed 61.7%
Household consumption (% of GDP) — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year % Change, pp
2004 51.4 +2 pp
2003 49.4 −11.1 pp
2002 60.6 +12.8 pp
2001 47.7 +3.1 pp
2000 44.6 −11.8 pp
1999 56.5 −2.4 pp
1998 58.8 −1.8 pp
1997 60.6 +14.2 pp
1996 46.3 +2.7 pp
1995 43.6 −2.6 pp
1994 46.3 +4.2 pp
1993 42 −8.7 pp
1992 50.8 −8.1 pp
1991 58.8 −0.2 pp
1990 59 −5.4 pp
1989 64.4 +3.9 pp
1988 60.6 −3 pp
1987 63.6 −1.5 pp
1986 65.1 −2 pp
1985 67 +3.6 pp
1984 63.5 −1.1 pp
1983 64.5 +0.6 pp
1982 63.9 −1.8 pp
1981 65.7 +4.1 pp
1980 61.5 +7 pp
1979 54.6 −1.3 pp
1978 55.9 +2.5 pp
1977 53.4 +1.2 pp
1976 52.2 −1.5 pp
1975 53.7 +6.4 pp
1974 47.3 −0.5 pp
1973 47.8 −10.5 pp
1972 58.2 −4.4 pp
1971 62.7 −0.9 pp
1970 63.6 −2.4 pp
1969 66 −0.2 pp
1968 66.2 +0.6 pp
1967 65.6 +0.4 pp
1966 65.1 +1 pp
1965 64.1 −0.2 pp
1964 64.3 −2.1 pp
1963 66.5 −2.9 pp
1962 69.4 −1.1 pp
1961 70.5 —

Melanesia, 2004

The same indicator for neighboring countries — with links to their pages

FJ Fiji 72.6 VU Vanuatu 69.1 SB Solomon Islands 68.1 NC New Caledonia 62.4 PG Papua New Guinea 51.4
Full table for all countries

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Papua New Guinea

Economy Household consumption

How much money the residents of a country spend in a year on goods and services for themselves.

Papua New Guinea by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

Papua New Guinea by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

Papua New Guinea by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Papua New Guinea by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Papua New Guinea by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Papua New Guinea by year
All indicators for Papua New Guinea