Adjusted savings: consumption of fixed capital in Papua New Guinea
Papua New Guinea: Adjusted savings: consumption of fixed capital was 1.91 billion current US$ in 2021. ◆ Volatile
Latest (2021)
1.91 billion current US$
Change on year
up 11.2%
World rank
124th
of 206 countries
All-time high
1.91 billion current US$
in 2021
All-time low
57.38 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: consumption of fixed capital in Papua New Guinea, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Papua New Guinea recorded 1.91 billion current US$ for adjusted savings: consumption of fixed capital in 2021. That is the highest value across all 52 years on record.
The figure is up 11.2% on the previous year and up 50.0% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Papua New Guinea peaked at 1.91 billion current US$ in 2021 and was at its lowest, 57.38 million current US$, in 1970.
That places Papua New Guinea 124th out of 206 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: consumption of fixed capital in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 57.38 million current US$ | — |
| 1971 | 62.62 million current US$ | +9.1% |
| 1972 | 67.83 million current US$ | +8.3% |
| 1973 | 97.78 million current US$ | +44.2% |
| 1974 | 116.93 million current US$ | +19.6% |
| 1975 | 113.81 million current US$ | -2.7% |
| 1976 | 119.04 million current US$ | +4.6% |
| 1977 | 125.67 million current US$ | +5.6% |
| 1978 | 155.77 million current US$ | +24.0% |
| 1979 | 176.93 million current US$ | +13.6% |
| 1980 | 203.88 million current US$ | +15.2% |
| 1981 | 216.37 million current US$ | +6.1% |
| 1982 | 184.27 million current US$ | -14.8% |
| 1983 | 190.49 million current US$ | +3.4% |
| 1984 | 194.59 million current US$ | +2.2% |
| 1985 | 201.61 million current US$ | +3.6% |
| 1986 | 222.52 million current US$ | +10.4% |
| 1987 | 260.62 million current US$ | +17.1% |
| 1988 | 302.93 million current US$ | +16.2% |
| 1989 | 305.58 million current US$ | +0.9% |
| 1990 | 289.77 million current US$ | -5.2% |
| 1991 | 354.29 million current US$ | +22.3% |
| 1992 | 387.73 million current US$ | +9.4% |
| 1993 | 436.53 million current US$ | +12.6% |
| 1994 | 489.79 million current US$ | +12.2% |
| 1995 | 423.57 million current US$ | -13.5% |
| 1996 | 426.26 million current US$ | +0.6% |
| 1997 | 361.41 million current US$ | -15.2% |
| 1998 | 258.58 million current US$ | -28.5% |
| 1999 | 198.34 million current US$ | -23.3% |
| 2000 | 197.16 million current US$ | -0.6% |
| 2001 | 189.08 million current US$ | -4.1% |
| 2002 | 188.78 million current US$ | -0.2% |
| 2003 | 219.21 million current US$ | +16.1% |
| 2004 | 241.85 million current US$ | +10.3% |
| 2005 | 282.61 million current US$ | +16.9% |
| 2006 | 487.06 million current US$ | +72.3% |
| 2007 | 557.47 million current US$ | +14.5% |
| 2008 | 701.11 million current US$ | +25.8% |
| 2009 | 735.42 million current US$ | +4.9% |
| 2010 | 1.01 billion current US$ | +37.9% |
| 2011 | 1.28 billion current US$ | +25.9% |
| 2012 | 1.54 billion current US$ | +20.3% |
| 2013 | 1.52 billion current US$ | -1.1% |
| 2014 | 1.61 billion current US$ | +6.2% |
| 2015 | 1.52 billion current US$ | -6.0% |
| 2016 | 1.45 billion current US$ | -4.3% |
| 2017 | 1.55 billion current US$ | +7.0% |
| 2018 | 1.63 billion current US$ | +4.6% |
| 2019 | 1.67 billion current US$ | +2.9% |
| 2020 | 1.72 billion current US$ | +2.9% |
| 2021 | 1.91 billion current US$ | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 109.38 million current US$ | 57.38 million current US$ | 176.93 million current US$ | 10 |
| 1980s | 228.29 million current US$ | 184.27 million current US$ | 305.58 million current US$ | 10 |
| 1990s | 362.63 million current US$ | 198.34 million current US$ | 489.79 million current US$ | 10 |
| 2000s | 379.98 million current US$ | 188.78 million current US$ | 735.42 million current US$ | 10 |
| 2010s | 1.48 billion current US$ | 1.01 billion current US$ | 1.67 billion current US$ | 10 |
| 2020s | 1.82 billion current US$ | 1.72 billion current US$ | 1.91 billion current US$ | 2 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0165 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 47.98 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0635 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 184.85 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0146 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 42.52 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 110.76 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.6313 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Papua New Guinea?
- Adjusted savings: consumption of fixed capital in Papua New Guinea was 1.91 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Papua New Guinea?
- The highest recorded value was 1.91 billion current US$ in 2021.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Papua New Guinea?
- The lowest recorded value was 57.38 million current US$ in 1970.
- How does Papua New Guinea rank for adjusted savings: consumption of fixed capital?
- Papua New Guinea ranks 124th out of 206 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Papua New Guinea?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.