Grenada vs Papua New Guinea: Gross Fixed Capital Formation — Value Standard Local Currency, annual

Grenada
4.66 % change on previous year
in 2024
Papua New Guinea
4.74 % change on previous year
in 2024
Grenada rank
147th
Papua New Guinea rank
144th

Gross Fixed Capital Formation — Value Standard Local Currency, annual over time

  • Grenada
  • Papua New Guinea
-50050100150197119972024

How they compare

Papua New Guinea currently reports 4.74 % change on previous year against 4.66 % change on previous year in Grenada, a difference of 0.08 % change on previous year.

The two have swapped places 25 times across 54 shared years of data; in 1971 it was Grenada ahead.

Grenada ranks 147th and Papua New Guinea ranks 144th of 230 countries.

Across the 6 decades both report, Grenada averaged higher in 5 and Papua New Guinea in 1.

Head to head by decade

Decade Grenada Papua New Guinea Difference Ahead
1970s 43.58 % change on previous year 2.13 % change on previous year 41.45 % change on previous year Grenada
1980s 14.42 % change on previous year 10.43 % change on previous year 4 % change on previous year Grenada
1990s 8.83 % change on previous year 4.41 % change on previous year 4.41 % change on previous year Grenada
2000s 3.83 % change on previous year 17.56 % change on previous year 13.73 % change on previous year Papua New Guinea
2010s 6.06 % change on previous year 3.76 % change on previous year 2.3 % change on previous year Grenada
2020s 17.18 % change on previous year 7.14 % change on previous year 10.03 % change on previous year Grenada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, annual, Grenada or Papua New Guinea?
Papua New Guinea, at 4.74 % change on previous year against 4.66 % change on previous year in Grenada as of 2024.
What is the difference in gross fixed capital formation — value standard local currency, annual between Grenada and Papua New Guinea?
0.08 % change on previous year, with Papua New Guinea ahead.
How many years of comparable data are there for Grenada and Papua New Guinea?
54 years are reported by both, from 1971 to 2024.
How do Grenada and Papua New Guinea rank globally for gross fixed capital formation — value standard local currency, annual?
Grenada ranks 147th and Papua New Guinea ranks 144th of 230 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Grenada vs Papua New Guinea: Gross Fixed Capital Formation — Value Standard Local Currency, annual. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/grenada/papua-new-guinea/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.