Papua New Guinea Household Consumption to GDP

Household final consumption expenditure as a share of GDP.

Household Consumption to GDP in Papua New Guinea increased to 51.44 percent of GDP in 2004 from 49.43 percent of GDP in 2003.

51.4%
▲ +2.0 pp2004 · previous 49.4%Annual · percent of GDP · Source: World Bank — World Development Indicators

Papua New Guinea Household Consumption to GDP — History

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Papua New Guinea Household Consumption to GDP — analysis in simple words

Latest reading

Household Consumption to GDP in Papua New Guinea increased to 51.44 percent of GDP in 2004 from 49.43 percent of GDP in 2003.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2003) it was 49.4%, so the latest figure is 2.0 percentage points higher.

Over the past five years the average was 50.8%, with a range from 44.6% to 60.6%. The latest value is above that five-year average.

Historical context

This data series starts in 1961 and has 44 annual observations. The latest reading is higher than 23% of all of them.

The highest value on record is 70.5% (1961) and the lowest is 42.0% (1993). The long-run average is 58.3%.

Statistics

Latest
51.4%2004
Previous
49.4%
5-year average
50.8%
Long-run average
58.3%since 1961
All-time high
70.5%1961
All-time low
42.0%1993
Observations
44Annual

Recent Data

PeriodValueChange
200451.4%▲ +2.0 pp
200349.4%▼ −11.1 pp
200260.6%▲ +12.8 pp
200147.7%▲ +3.1 pp
200044.6%▼ −11.8 pp
199956.5%▼ −2.4 pp
199858.8%▼ −1.8 pp
199760.6%▲ +14.2 pp
199646.3%▲ +2.7 pp
199543.6%▼ −2.6 pp
199446.3%▲ +4.2 pp
199342.0%▼ −8.7 pp
199250.8%▼ −8.1 pp
199158.8%▼ −0.2 pp
199059.0%▼ −5.4 pp
198964.4%▲ +3.9 pp
198860.6%▼ −3.0 pp
198763.6%▼ −1.5 pp
198665.1%▼ −2.0 pp
198567.0%▲ +3.6 pp
198463.5%▼ −1.1 pp
198364.5%▲ +0.6 pp
198263.9%▼ −1.8 pp
198165.7%▲ +4.1 pp
198061.5%▲ +7.0 pp
197954.6%▼ −1.3 pp
197855.9%▲ +2.5 pp
197753.4%▲ +1.2 pp
197652.2%▼ −1.5 pp
197553.7%

Household Consumption to GDP — Papua New Guinea vs Peers

Latest available reading for each economy (periods may differ). Papua New Guinea highlighted.

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More Papua New Guinea indicators

Understanding Household Consumption to GDP — a simple guide

What it measures

Household final consumption expenditure as a share of GDP.

How it is calculated

Household spending on goods and services ÷ GDP × 100.

Simple example

A ratio of 60% means households account for 60% of total demand.

▲ When it is high or rising

Consumption-led economies depend on household income and confidence.

▼ When it is low or falling

A low share usually means investment or exports drive the economy.

Why it matters for the economy and markets

Consumption is the largest component of demand in most economies.

How to read it

Economies with high consumption shares are more sensitive to household income, credit and confidence.

Data source

World Bank — World Development Indicators (series NE.CON.PRVT.ZS), annual data from 1961 to 2004. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current household consumption to gdp of Papua New Guinea?
Papua New Guinea household consumption to gdp was 51.4% in 2004, compared with 49.4% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest household consumption to gdp of Papua New Guinea?
Since 1961, the highest reading was 70.5% (1961) and the lowest was 42.0% (1993).
What does household consumption to gdp measure?
Household final consumption expenditure as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.