Papua New Guinea Government Budget  1998-2017 | Data | Chart | Calendar

Papua New Guinea recorded a Government Budget deficit equal to 4.60 percent of the country's Gross Domestic Product in 2016. Government Budget in Papua New Guinea averaged -1.96 percent of GDP from 1998 until 2016, reaching an all time high of 3.10 percent of GDP in 2006 and a record low of -7.80 percent of GDP in 2013.

Papua New Guinea Government Budget
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Papua New Guinea Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.80 38.80 71.06 23.60 percent [+]
Government Budget -4.60 -4.10 3.10 -7.80 percent of GDP [+]
Credit Rating 35.00 [+]
Military Expenditure 87.40 99.80 150.90 32.50 USD Million [+]

Papua New Guinea Government Budget Notes

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Papua New Guinea Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Government Budget - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-4.60 -4.10 3.10 -7.80 1998 - 2016 percent of GDP Yearly

government budget by Country

Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.70 Dec/16
South Korea -3.00 Dec/15
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.00 Dec/15
United Kingdom -3.00 Dec/16
United States -3.20 Dec/16