Fiji vs Papua New Guinea: Gross fixed capital formation
Gross fixed capital formation over time
- Fiji
- Papua New Guinea
How they compare
Fiji currently reports 2.72 billion current LCU against 2.29 billion current LCU in Papua New Guinea, a difference of 425.11 million current LCU.
That makes Fiji's figure about 1.2 times Papua New Guinea's.
Across all 25 years both countries report, Papua New Guinea has been ahead every year.
Fiji ranks 165th and Papua New Guinea ranks 168th of 180 countries.
Papua New Guinea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Fiji | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 230.85 million current LCU | 567.12 million current LCU | 336.27 million current LCU | Papua New Guinea |
| 1990s | 487.60 million current LCU | 1.03 billion current LCU | 538.36 million current LCU | Papua New Guinea |
| 2000s | 947.74 million current LCU | 2.21 billion current LCU | 1.26 billion current LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Fiji or Papua New Guinea?
- Fiji, at 2.72 billion current LCU against 2.29 billion current LCU in Papua New Guinea as of 2024.
- What is the difference in gross fixed capital formation between Fiji and Papua New Guinea?
- 425.11 million current LCU, with Fiji ahead.
- How many years of comparable data are there for Fiji and Papua New Guinea?
- 25 years are reported by both, from 1980 to 2004.
- How do Fiji and Papua New Guinea rank globally for gross fixed capital formation?
- Fiji ranks 165th and Papua New Guinea ranks 168th of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.