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Government > Spending Stats: compare key data on Papua New Guinea & United States

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Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Other expense > % of expense: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Papua New Guinea United States HISTORY
Compensation of employees > % of expense 27.78%
Ranked 28th. 2 times more than United States
12.08%
Ranked 75th.

Compensation of employees > Current LCU 715.36 million
Ranked 75th.
399.42 billion
Ranked 14th. 558 times more than Papua New Guinea

Expense > % of GDP 22.09%
Ranked 56th.
25.94%
Ranked 2nd. 17% more than Papua New Guinea

Expense > Current LCU 2.58 billion
Ranked 74th.
3.7 trillion
Ranked 1st. 1436 times more than Papua New Guinea

Goods and services expense > % of expense 35.21%
Ranked 5th. 2 times more than United States
15.67%
Ranked 32nd.

Goods and services expense > Current LCU 906.8 million
Ranked 71st.
518.29 billion
Ranked 9th. 572 times more than Papua New Guinea

Interest payments > % of expense 20.61%
Ranked 9th. 3 times more than United States
7.31%
Ranked 3rd.

Interest payments > % of revenue 19.9%
Ranked 12th. 67% more than United States
11.93%
Ranked 1st.

Interest payments > Current LCU 530.72 million
Ranked 68th.
270.49 billion
Ranked 1st. 510 times more than Papua New Guinea

Other expense > % of expense 1.12%
Ranked 17th.
26.91%
Ranked 1st. 24 times more than Papua New Guinea

Other expense > Current LCU 16.37 million
Ranked 21st.
995.12 billion
Ranked 1st. 60790 times more than Papua New Guinea

Subsidies and other transfers > % of expense 16.4%
Ranked 69th.
69.14%
Ranked 1st. 4 times more than Papua New Guinea

Subsidies and other transfers > Current LCU 422.28 million
Ranked 75th.
2.56 trillion
Ranked 1st. 6055 times more than Papua New Guinea

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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