Gross capital formation (constant LCU), annual growth rate in Papua New Guinea
Papua New Guinea: Gross capital formation (constant LCU), annual growth rate was 0.0196 % change on previous year in 2004. ◆ Volatile
Gross capital formation (constant LCU), annual growth rate in Papua New Guinea, 1961–2004
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (constant lcu), annual growth rate in Papua New Guinea is 0.0196 % change on previous year, measured in 2004.
The figure is up 100.3% on the previous year and down 99.9% over ten years.
Over the whole period, gross capital formation (constant lcu), annual growth rate in Papua New Guinea peaked at 60.21 % change on previous year in 1970 and was at its lowest, -36.69 % change on previous year, in 1973.
Papua New Guinea ranks 125th of 169 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant LCU), annual growth rate in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 3.99 % change on previous year | — |
| 1962 | 7.51 % change on previous year | +88.1% |
| 1963 | 28.26 % change on previous year | +276.2% |
| 1964 | 31.23 % change on previous year | +10.5% |
| 1965 | 32.89 % change on previous year | +5.3% |
| 1966 | 19.44 % change on previous year | -40.9% |
| 1967 | 6.66 % change on previous year | -65.8% |
| 1968 | 5.31 % change on previous year | -20.2% |
| 1969 | 45.15 % change on previous year | +749.7% |
| 1970 | 60.21 % change on previous year | +33.4% |
| 1971 | 7.6 % change on previous year | -87.4% |
| 1972 | -32.16 % change on previous year | -523.2% |
| 1973 | -36.69 % change on previous year | +14.1% |
| 1974 | 5.61 % change on previous year | -115.3% |
| 1975 | -0.9572 % change on previous year | -117.1% |
| 1976 | -9.64 % change on previous year | +907.5% |
| 1977 | 7.87 % change on previous year | -181.6% |
| 1978 | 2.76 % change on previous year | -64.9% |
| 1979 | 22.66 % change on previous year | +720.0% |
| 1980 | 4.25 % change on previous year | -81.2% |
| 1981 | -4.19 % change on previous year | -198.5% |
| 1982 | 13.24 % change on previous year | -416.2% |
| 1983 | 4.45 % change on previous year | -66.4% |
| 1984 | -8.48 % change on previous year | -290.4% |
| 1985 | -28.1 % change on previous year | +231.3% |
| 1986 | 4.84 % change on previous year | -117.2% |
| 1987 | 9.86 % change on previous year | +103.6% |
| 1988 | 41.09 % change on previous year | +316.7% |
| 1989 | -23.98 % change on previous year | -158.4% |
| 1990 | 0.6238 % change on previous year | -102.6% |
| 1991 | 22.99 % change on previous year | +3585.2% |
| 1992 | 3.56 % change on previous year | -84.5% |
| 1993 | -21.23 % change on previous year | -696.1% |
| 1994 | 32.92 % change on previous year | -255.1% |
| 1995 | -1.21 % change on previous year | -103.7% |
| 1996 | 10.39 % change on previous year | -961.2% |
| 1997 | -9.16 % change on previous year | -188.2% |
| 1998 | -14.51 % change on previous year | +58.5% |
| 1999 | 0.0658 % change on previous year | -100.5% |
| 2000 | 36.84 % change on previous year | +55854.5% |
| 2001 | 6.98 % change on previous year | -81.0% |
| 2002 | -2.25 % change on previous year | -132.3% |
| 2003 | -5.61 % change on previous year | +149.1% |
| 2004 | 0.0196 % change on previous year | -100.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0196 % change on previous year is below the median for lower middle income countries, which is 5.33 % change on previous year, 0% of the median. (43 countries reporting)
- Papua New Guinea's 0.0196 % change on previous year is below the median for East Asia & Pacific, which is 4.03 % change on previous year, 0% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (constant LCU), annual growth rate in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +55854.5% | 0.0658 % change on previous year | 36.84 % change on previous year |
| 1991 | +3585.2% | 0.6238 % change on previous year | 22.99 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.05 % change on previous year | 3.99 % change on previous year | 45.15 % change on previous year | 9 |
| 1970s | 2.73 % change on previous year | -36.69 % change on previous year | 60.21 % change on previous year | 10 |
| 1980s | 1.3 % change on previous year | -28.1 % change on previous year | 41.09 % change on previous year | 10 |
| 1990s | 2.44 % change on previous year | -21.23 % change on previous year | 32.92 % change on previous year | 10 |
| 2000s | 7.2 % change on previous year | -5.61 % change on previous year | 36.84 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 122 South Africa 0.7138 % change on previous year compare
- 123 Hungary 0.4928 % change on previous year compare
- 124 Belgium 0.2598 % change on previous year compare
- 126 Bulgaria 0 % change on previous year compare
- 127 Finland -0.5156 % change on previous year compare
- 128 Seychelles -0.6807 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (constant lcu), annual growth rate in Papua New Guinea?
- Gross capital formation (constant lcu), annual growth rate in Papua New Guinea was 0.0196 % change on previous year in 2004, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 60.21 % change on previous year in 1970.
- What is the lowest gross capital formation (constant lcu), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -36.69 % change on previous year in 1973.
- How does Papua New Guinea rank for gross capital formation (constant lcu), annual growth rate?
- Papua New Guinea ranks 125th out of 169 countries with data for 2004.
- Is gross capital formation (constant lcu), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 99.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.