New Caledonia vs Papua New Guinea: Gross Fixed Capital Formation — Value US$, 2015 prices
Gross Fixed Capital Formation — Value US$, 2015 prices over time
- New Caledonia
- Papua New Guinea
How they compare
New Caledonia currently reports 2,593 million USD against 2,155 million USD in Papua New Guinea, a difference of 438 million USD.
That makes New Caledonia's figure about 1.2 times Papua New Guinea's.
The two have swapped places 11 times across 55 shared years of data; in 1970 it was Papua New Guinea ahead.
New Caledonia ranks 143rd and Papua New Guinea ranks 146th of 203 countries.
Across the 6 decades both report, New Caledonia averaged higher in 4 and Papua New Guinea in 2.
Head to head by decade
| Decade | New Caledonia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 808.39 million USD | 704.8 million USD | 103.59 million USD | New Caledonia |
| 1980s | 578.12 million USD | 767.79 million USD | 189.67 million USD | Papua New Guinea |
| 1990s | 1,075 million USD | 908.13 million USD | 166.93 million USD | New Caledonia |
| 2000s | 1,928 million USD | 1,653 million USD | 275.7 million USD | New Caledonia |
| 2010s | 3,075 million USD | 3,230 million USD | 154.11 million USD | Papua New Guinea |
| 2020s | 2,620 million USD | 2,065 million USD | 555.52 million USD | New Caledonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, 2015 prices, New Caledonia or Papua New Guinea?
- New Caledonia, at 2,593 million USD against 2,155 million USD in Papua New Guinea as of 2024.
- What is the difference in gross fixed capital formation — value us$, 2015 prices between New Caledonia and Papua New Guinea?
- 438 million USD, with New Caledonia ahead.
- How many years of comparable data are there for New Caledonia and Papua New Guinea?
- 55 years are reported by both, from 1970 to 2024.
- How do New Caledonia and Papua New Guinea rank globally for gross fixed capital formation — value us$, 2015 prices?
- New Caledonia ranks 143rd and Papua New Guinea ranks 146th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).