Papua New Guinea's other expense (current LCU) was 653.6 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 378.13% from 136.7 million in 2014 (16.94% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 653.6 million | 2024 |
| Five years earlier | 84.78 million | 2019 |
| Ten years earlier | 136.7 million | 2014 |
| Highest | 653.6 million | 2024 |
| Lowest | 4.37 million | 1990 |
| Average since 2015 | 167.06 million | 2015–2024 |
| First recorded | 4.37 million |
What the numbers say
In 2024, Papua New Guinea's other expense (current LCU) rose 918.8% on 2023 (from 64.16 million to 653.6 million).
Across the 12 yearly changes before that (1991 to 2023), the average change was +52.5% and a typical year strayed about 165.8% from that (the standard deviation). This year's change was 5.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 918.8% in 2024 and the biggest yearly fall was 82.1% in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 36.67 million a year. A straight line explains 33% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Papua New Guinea had the 81st highest value of the 86 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Papua New Guinea in the 2024 ranking
- Malaysia — 78th of 86: 851 million
- El Salvador — 79th of 86: 819.6 million
- Zambia — 80th of 86: 785.2 million
- Bahamas, The — 82nd of 86: 329.41 million
- Fiji — 83rd of 86: 246.7 million
- Solomon Islands — 84th of 86: 195.74 million
What this measures
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. 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.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 15 values
| Year | Other expense (current LCU) |
|---|---|
| 2024 | 653,600,000 |
| 2023 | 64,155,959 |
| 2022 | 357,860,879 |
| 2021 | 59,189,995 |
| 2020 | 97,682,711 |
| 2019 | 84,784,075 |
| 2018 | 73,561,990 |
| 2017 | 79,743,513 |
| 2016 | 79,200,000 |
| 2015 | 120,840,000 |
| 2014 |
Other expense (current LCU) in nearby economies
- Australia — 47.51 billion (2022)
- Cambodia — 1.5 trillion (2023)
- Fiji — 246.7 million (2024)
- Kiribati — 10.69 million (2023)
- Korea, Rep. — 43.16 trillion (2024)
- Lao PDR — 8.44 billion (2022)
- Macao SAR, China — 12.81 billion (2024)
- Malaysia — 851 million (2024)
- Marshall Islands — 30.58 million (2020)
- Micronesia, Fed. Sts. — 28.45 million (2020)
- Mongolia — 1.49 trillion (2022)
More public sector data for Papua New Guinea
- Military expenditure (current USD) — 106.48 million (2025)
- Military expenditure (current LCU) — 441.91 million (2025)
- Military expenditure (% of GDP) — 0.35% (2025)
- Military expenditure (% of general government expenditure) — 1.59% (2025)
- Armed forces personnel, total — 4,000 (2020)
- Armed forces personnel (% of total labor force) — 0.12% (2020)
- Net acquisition of financial assets (current LCU) — -1.4 billion (2024)
- Net acquisition of financial assets (% of GDP) — -1.18% (2024)
- Central government debt, total (current LCU)
Reading data like this
Questions people ask
- What is Papua New Guinea's other expense (current LCU)?
- 653.6 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 14,857% from 4.37 million in 1990 (15.87% a year on average, compounded). The highest value was 653.6 million in 2024 and the lowest 4.37 million in 1990.
- How does Papua New Guinea rank?
- 81st highest of 86 economies with data for 2024.
- Is the latest change in other expense (current LCU) unusual for Papua New Guinea?
- In 2024, Papua New Guinea's other expense (current LCU) rose 918.8% on 2023 (from 64.16 million to 653.6 million). Across the 12 yearly changes before that (1991 to 2023), the average change was +52.5% and a typical year strayed about 165.8% from that (the standard deviation). This year's change was 5.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator GC.XPN.OTHR.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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