Liberia vs Papua New Guinea: Classification of household consumption
Classification of household consumption over time
- Liberia
- Papua New Guinea
How they compare
Liberia currently reports 1 against 1 in Papua New Guinea, a difference of 0.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Liberia ahead.
Liberia ranks 1st and Papua New Guinea ranks 1st of 188 countries.
Liberia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Liberia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1 | 0 | 1 | Liberia |
| 2020s | 1 | 0.75 | 0.25 | Liberia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher classification of household consumption, Liberia or Papua New Guinea?
- Liberia, at 1 against 1 in Papua New Guinea as of 2023.
- What is the difference in classification of household consumption between Liberia and Papua New Guinea?
- 0, with Liberia ahead.
- How many years of comparable data are there for Liberia and Papua New Guinea?
- 8 years are reported by both, from 2016 to 2023.
- How do Liberia and Papua New Guinea rank globally for classification of household consumption?
- Liberia ranks 1st and Papua New Guinea ranks 1st of 188 countries.
- Where does this data come from?
- Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as Classification of household consumption. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Classification of Individual Consumption According to Purpose (COICOP) is used in household budget surveys, consumer price indices and international comparisons of gross domestic product (GDP) and its component expenditures. Although COICOP is not strictly linked to any particular model of consumer behavior, the classification is designed to broadly reflect differences in income elasticities. It is an integral part of the SNA1993 and more detailed subdivision of the classes provide comparability between countries and between statistics in these different areas.