Papua New Guinea vs Venezuela (Bolivarian Republic of): Gross Fixed Capital Formation — Value Standard Local Currency, annual

Papua New Guinea
4.74 % change on previous year
in 2024
Venezuela (Bolivarian Republic of)
5.01 % change on previous year
in 2024
Papua New Guinea rank
144th
Venezuela (Bolivarian Republic of) rank
141st

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

  • Papua New Guinea
  • Venezuela (Bolivarian Republic of)
0200400600800197119972024

How they compare

Venezuela (Bolivarian Republic of) currently reports 5.01 % change on previous year against 4.74 % change on previous year in Papua New Guinea, a difference of 0.27 % change on previous year.

That makes Venezuela (Bolivarian Republic of)'s figure about 1.1 times Papua New Guinea's.

The two have swapped places 4 times across 15 shared years of data; in 2006 it was Venezuela (Bolivarian Republic of) ahead.

Papua New Guinea ranks 144th and Venezuela (Bolivarian Republic of) ranks 141st of 230 countries.

Venezuela (Bolivarian Republic of) has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Papua New Guinea Venezuela (Bolivarian Republic of) Difference Ahead
2000s 16.3 % change on previous year 25 % change on previous year 8.7 % change on previous year Venezuela (Bolivarian Republic of)
2010s 2.81 % change on previous year 149.89 % change on previous year 147.08 % change on previous year Venezuela (Bolivarian Republic of)
2020s 8.75 % change on previous year 154.47 % change on previous year 145.72 % change on previous year Venezuela (Bolivarian Republic of)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, annual, Papua New Guinea or Venezuela (Bolivarian Republic of)?
Venezuela (Bolivarian Republic of), at 5.01 % change on previous year against 4.74 % change on previous year in Papua New Guinea as of 2024.
What is the difference in gross fixed capital formation — value standard local currency, annual between Papua New Guinea and Venezuela (Bolivarian Republic of)?
0.27 % change on previous year, with Venezuela (Bolivarian Republic of) ahead.
How many years of comparable data are there for Papua New Guinea and Venezuela (Bolivarian Republic of)?
15 years are reported by both, from 2006 to 2024.
How do Papua New Guinea and Venezuela (Bolivarian Republic of) rank globally for gross fixed capital formation — value standard local currency, annual?
Papua New Guinea ranks 144th and Venezuela (Bolivarian Republic of) ranks 141st 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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Papua New Guinea vs Venezuela (Bolivarian Republic of): 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/papua-new-guinea/venezuela-bolivarian-republic-of/

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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.