Guinea-Bissau vs Papua New Guinea: Gross fixed capital formation
Gross fixed capital formation over time
- Guinea-Bissau
- Papua New Guinea
How they compare
Papua New Guinea currently reports 712.14 million current US$ against 563.56 million current US$ in Guinea-Bissau, a difference of 148.57 million current US$.
That makes Papua New Guinea's figure about 1.3 times Guinea-Bissau's.
Across all 27 years both countries report, Papua New Guinea has been ahead every year.
Guinea-Bissau ranks 163rd and Papua New Guinea ranks 160th of 180 countries.
Papua New Guinea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 55.46 million current US$ | 343.70 million current US$ | 288.24 million current US$ | Papua New Guinea |
| 1980s | 131.64 million current US$ | 678.91 million current US$ | 547.27 million current US$ | Papua New Guinea |
| 1990s | 199.73 million current US$ | 827.18 million current US$ | 627.45 million current US$ | Papua New Guinea |
| 2000s | 107.76 million current US$ | 661.51 million current US$ | 553.75 million current US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Guinea-Bissau or Papua New Guinea?
- Papua New Guinea, at 712.14 million current US$ against 563.56 million current US$ in Guinea-Bissau as of 2004.
- What is the difference in gross fixed capital formation between Guinea-Bissau and Papua New Guinea?
- 148.57 million current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Guinea-Bissau and Papua New Guinea?
- 27 years are reported by both, from 1975 to 2004.
- How do Guinea-Bissau and Papua New Guinea rank globally for gross fixed capital formation?
- Guinea-Bissau ranks 163rd and Papua New Guinea ranks 160th of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross 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 indicator is expressed in United States dollars.