Ghana vs Papua New Guinea: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Ghana
- Papua New Guinea
How they compare
Ghana currently reports 1.65 billion current LCU against 687.50 million current LCU in Papua New Guinea, a difference of 965.93 million current LCU.
That makes Ghana's figure about 2.4 times Papua New Guinea's.
Across all 10 years both countries report, Papua New Guinea has been ahead every year.
Ghana ranks 94th and Papua New Guinea ranks 95th of 106 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ghana | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.82 million current LCU | 449.67 million current LCU | 446.85 million current LCU | Papua New Guinea |
| 1990s | 21.88 million current LCU | 710.52 million current LCU | 688.64 million current LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Ghana or Papua New Guinea?
- Ghana, at 1.65 billion current LCU against 687.50 million current LCU in Papua New Guinea as of 2005.
- What is the difference in gross fixed capital formation, private sector between Ghana and Papua New Guinea?
- 965.93 million current LCU, with Ghana ahead.
- How many years of comparable data are there for Ghana and Papua New Guinea?
- 10 years are reported by both, from 1984 to 1993.
- How do Ghana and Papua New Guinea rank globally for gross fixed capital formation, private sector?
- Ghana ranks 94th and Papua New Guinea ranks 95th of 106 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation, private sector (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.