Papua New Guinea vs Türkiye: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Papua New Guinea
- Türkiye
How they compare
Türkiye currently reports 14.9% against 14.1% in Papua New Guinea, a difference of 0.8%.
That makes Türkiye's figure about 1.1 times Papua New Guinea's.
The two have swapped places 2 times across 7 shared years of data; in 1987 it was Türkiye ahead.
Papua New Guinea ranks 68th and Türkiye ranks 65th of 106 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 17.8% | 15.6% | 2.3% | Papua New Guinea |
| 1990s | 18.5% | 16.3% | 2.1% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Papua New Guinea or Türkiye?
- Türkiye, at 14.9% against 14.1% in Papua New Guinea as of 1997.
- What is the difference in gross fixed capital formation, private sector between Papua New Guinea and Türkiye?
- 0.8%, with Türkiye ahead.
- How many years of comparable data are there for Papua New Guinea and Türkiye?
- 7 years are reported by both, from 1987 to 1993.
- How do Papua New Guinea and Türkiye rank globally for gross fixed capital formation, private sector?
- Papua New Guinea ranks 68th and Türkiye ranks 65th 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.