Guinea-Bissau vs Papua New Guinea: Gross capital formation
Gross capital formation over time
- Guinea-Bissau
- Papua New Guinea
How they compare
Papua New Guinea currently reports 785.48 million current US$ against 652.51 million current US$ in Guinea-Bissau, a difference of 132.97 million current US$.
That makes Papua New Guinea's figure about 1.2 times Guinea-Bissau's.
Across all 35 years both countries report, Papua New Guinea has been ahead every year.
Guinea-Bissau ranks 165th and Papua New Guinea ranks 162nd of 187 countries.
Papua New Guinea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 54.80 million current US$ | 315.87 million current US$ | 261.07 million current US$ | Papua New Guinea |
| 1980s | 128.02 million current US$ | 699.38 million current US$ | 571.36 million current US$ | Papua New Guinea |
| 1990s | 199.71 million current US$ | 937.51 million current US$ | 737.79 million current US$ | Papua New Guinea |
| 2000s | 108.33 million current US$ | 720.74 million current US$ | 612.41 million current US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Guinea-Bissau or Papua New Guinea?
- Papua New Guinea, at 785.48 million current US$ against 652.51 million current US$ in Guinea-Bissau as of 2004.
- What is the difference in gross capital formation between Guinea-Bissau and Papua New Guinea?
- 132.97 million current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Guinea-Bissau and Papua New Guinea?
- 35 years are reported by both, from 1970 to 2004.
- How do Guinea-Bissau and Papua New Guinea rank globally for gross capital formation?
- Guinea-Bissau ranks 165th and Papua New Guinea ranks 162nd of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.