Namibia vs Papua New Guinea: Gross Fixed Capital Formation — Value US$, annual growth rate
Namibia
-2.3 % change on previous year
in 2024
Papua New Guinea
-2.2 % change on previous year
in 2024
Namibia rank
197th
Papua New Guinea rank
196th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Namibia
- Papua New Guinea
How they compare
Papua New Guinea currently reports -2.2 % change on previous year against -2.3 % change on previous year in Namibia, a difference of 0.1 % change on previous year.
The two have swapped places 27 times across 54 shared years of data; in 1971 it was Namibia ahead.
Namibia ranks 197th and Papua New Guinea ranks 196th of 235 countries.
Across the 6 decades both report, Namibia averaged higher in 3 and Papua New Guinea in 3.
Head to head by decade
| Decade | Namibia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12.15 % change on previous year | 4.16 % change on previous year | 7.99 % change on previous year | Namibia |
| 1980s | 2.5 % change on previous year | 9.09 % change on previous year | 6.59 % change on previous year | Papua New Guinea |
| 1990s | 9.48 % change on previous year | -5.7 % change on previous year | 15.18 % change on previous year | Namibia |
| 2000s | 13.4 % change on previous year | 16.32 % change on previous year | 2.93 % change on previous year | Papua New Guinea |
| 2010s | -0.689 % change on previous year | 3.02 % change on previous year | 3.71 % change on previous year | Papua New Guinea |
| 2020s | 13.65 % change on previous year | 4.57 % change on previous year | 9.08 % change on previous year | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, annual growth rate, Namibia or Papua New Guinea?
- Papua New Guinea, at -2.2 % change on previous year against -2.3 % change on previous year in Namibia as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Namibia and Papua New Guinea?
- 0.1 % change on previous year, with Papua New Guinea ahead.
- How many years of comparable data are there for Namibia and Papua New Guinea?
- 54 years are reported by both, from 1971 to 2024.
- How do Namibia and Papua New Guinea rank globally for gross fixed capital formation — value us$, annual growth rate?
- Namibia ranks 197th and Papua New Guinea ranks 196th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.