Fiscal Balance in Papua New Guinea
The fiscal balance in Papua New Guinea averaged -3.2% of GDP in the decade to 2022. The fiscal balance in 2022 was -3.0% of GDP. For more fiscal balance information, visit our dedicated page.
Papua New Guinea Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Papua New Guinea from 2013 to 2022.
Source: Macrobond.
Papua New Guinea Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -2.4 | -6.2 | -4.4 | -2.9 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Papua New Guinean fiscal balance projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Papua New Guinean fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Papua New Guinean fiscal balance projections.
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