Belize vs Papua New Guinea: Gross fixed capital formation
Gross fixed capital formation over time
- Belize
- Papua New Guinea
How they compare
Papua New Guinea currently reports 1.71 billion constant LCU against 1.15 billion constant LCU in Belize, a difference of 561.76 million constant LCU.
That makes Papua New Guinea's figure about 1.5 times Belize's.
Across all 25 years both countries report, Papua New Guinea has been ahead every year.
Belize ranks 155th and Papua New Guinea ranks 153rd of 167 countries.
Papua New Guinea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belize | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 212.72 million constant LCU | 1.32 billion constant LCU | 1.10 billion constant LCU | Papua New Guinea |
| 1990s | 477.89 million constant LCU | 1.34 billion constant LCU | 860.67 million constant LCU | Papua New Guinea |
| 2000s | 687.09 million constant LCU | 1.79 billion constant LCU | 1.10 billion constant LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Belize or Papua New Guinea?
- Papua New Guinea, at 1.71 billion constant LCU against 1.15 billion constant LCU in Belize as of 2004.
- What is the difference in gross fixed capital formation between Belize and Papua New Guinea?
- 561.76 million constant LCU, with Papua New Guinea ahead.
- How many years of comparable data are there for Belize and Papua New Guinea?
- 25 years are reported by both, from 1980 to 2004.
- How do Belize and Papua New Guinea rank globally for gross fixed capital formation?
- Belize ranks 155th and Papua New Guinea ranks 153rd of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.