Kiribati vs Papua New Guinea: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth

Kiribati
0.5437 % change on previous year
in 2024
Papua New Guinea
0.5099 % change on previous year
in 2024
Kiribati rank
171st
Papua New Guinea rank
174th

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth over time

  • Kiribati
  • Papua New Guinea
-50050100197119972024

How they compare

Kiribati currently reports 0.5437 % change on previous year against 0.5099 % change on previous year in Papua New Guinea, a difference of 0.0338 % change on previous year.

That makes Kiribati's figure about 1.1 times Papua New Guinea's.

The two have swapped places 24 times across 54 shared years of data; in 1971 it was Kiribati ahead.

Kiribati ranks 171st and Papua New Guinea ranks 174th of 235 countries.

Across the 6 decades both report, Kiribati averaged higher in 4 and Papua New Guinea in 2.

Head to head by decade

Decade Kiribati Papua New Guinea Difference Ahead
1970s 9.93 % change on previous year -6.5 % change on previous year 16.43 % change on previous year Kiribati
1980s 8.17 % change on previous year 3.79 % change on previous year 4.38 % change on previous year Kiribati
1990s -5.22 % change on previous year 1.65 % change on previous year 6.87 % change on previous year Papua New Guinea
2000s 2.25 % change on previous year 14.38 % change on previous year 12.13 % change on previous year Papua New Guinea
2010s 7.86 % change on previous year 2.07 % change on previous year 5.79 % change on previous year Kiribati
2020s 16.22 % change on previous year 2.87 % change on previous year 13.36 % change on previous year Kiribati

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, 2015 prices, annual growth, Kiribati or Papua New Guinea?
Kiribati, at 0.5437 % change on previous year against 0.5099 % change on previous year in Papua New Guinea as of 2024.
What is the difference in gross fixed capital formation — value us$, 2015 prices, annual growth between Kiribati and Papua New Guinea?
0.0338 % change on previous year, with Kiribati ahead.
How many years of comparable data are there for Kiribati and Papua New Guinea?
54 years are reported by both, from 1971 to 2024.
How do Kiribati and Papua New Guinea rank globally for gross fixed capital formation — value us$, 2015 prices, annual growth?
Kiribati ranks 171st and Papua New Guinea ranks 174th of 235 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kiribati vs Papua New Guinea: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-annual-growth-rate/kiribati/papua-new-guinea/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.