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Gross capital formation (constant LCU), per unit of GDP in Papua New Guinea

Papua New Guinea: Gross capital formation (constant LCU), per unit of GDP was 0.481 constant LCU per US$ of GDP in 2004. ◆ Volatile

Latest (2004)
0.481 constant LCU per US$ of GDP
Change on year
down 9.9%
World rank
103rd
of 170 countries
All-time high
3.34 constant LCU per US$ of GDP
in 1970
All-time low
0.2495 constant LCU per US$ of GDP
in 1993
Years of data
45
1960–2004

Gross capital formation (constant LCU), per unit of GDP in Papua New Guinea, 1960–2004

01231960198220041960: 1.2 constant LCU per US$ of GDP1961: 1.2 constant LCU per US$ of GDP1962: 1.2 constant LCU per US$ of GDP1963: 1.4 constant LCU per US$ of GDP1964: 1.7 constant LCU per US$ of GDP1965: 2 constant LCU per US$ of GDP1966: 2.1 constant LCU per US$ of GDP1967: 2 constant LCU per US$ of GDP1968: 1.9 constant LCU per US$ of GDP1969: 2.4 constant LCU per US$ of GDP1970: 3.3 constant LCU per US$ of GDP1971: 3.2 constant LCU per US$ of GDP1972: 1.8 constant LCU per US$ of GDP1973: 0.767 constant LCU per US$ of GDP1974: 0.717 constant LCU per US$ of GDP1975: 0.768 constant LCU per US$ of GDP1976: 0.623 constant LCU per US$ of GDP1977: 0.619 constant LCU per US$ of GDP1978: 0.536 constant LCU per US$ of GDP1979: 0.558 constant LCU per US$ of GDP1980: 0.524 constant LCU per US$ of GDP1981: 0.512 constant LCU per US$ of GDP1982: 0.611 constant LCU per US$ of GDP1983: 0.59 constant LCU per US$ of GDP1984: 0.542 constant LCU per US$ of GDP1985: 0.411 constant LCU per US$ of GDP1986: 0.394 constant LCU per US$ of GDP1987: 0.365 constant LCU per US$ of GDP1988: 0.442 constant LCU per US$ of GDP1989: 0.347 constant LCU per US$ of GDP1990: 0.384 constant LCU per US$ of GDP1991: 0.402 constant LCU per US$ of GDP1992: 0.36 constant LCU per US$ of GDP1993: 0.25 constant LCU per US$ of GDP1994: 0.3 constant LCU per US$ of GDP1995: 0.352 constant LCU per US$ of GDP1996: 0.349 constant LCU per US$ of GDP1997: 0.331 constant LCU per US$ of GDP1998: 0.369 constant LCU per US$ of GDP1999: 0.402 constant LCU per US$ of GDP2000: 0.543 constant LCU per US$ of GDP2001: 0.664 constant LCU per US$ of GDP2002: 0.667 constant LCU per US$ of GDP2003: 0.534 constant LCU per US$ of GDP2004: 0.481 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

The most recent figure for gross capital formation (constant lcu), per unit of gdp in Papua New Guinea is 0.481 constant LCU per US$ of GDP, measured in 2004.

That represents a change of down 9.9% on the previous year and up 60.4% over ten years.

Over the whole period, gross capital formation (constant lcu), per unit of gdp in Papua New Guinea peaked at 3.34 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.2495 constant LCU per US$ of GDP, in 1993.

That places Papua New Guinea 103rd out of 170 countries with data for 2004, putting it 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), per unit of GDP in Papua New Guinea, year by year

Year constant LCU per US$ of GDP Change
1960 1.2 constant LCU per US$ of GDP —
1961 1.17 constant LCU per US$ of GDP -2.1%
1962 1.18 constant LCU per US$ of GDP +0.8%
1963 1.44 constant LCU per US$ of GDP +21.4%
1964 1.7 constant LCU per US$ of GDP +18.6%
1965 2.01 constant LCU per US$ of GDP +17.9%
1966 2.11 constant LCU per US$ of GDP +5.1%
1967 1.99 constant LCU per US$ of GDP -5.6%
1968 1.91 constant LCU per US$ of GDP -4.1%
1969 2.44 constant LCU per US$ of GDP +27.8%
1970 3.34 constant LCU per US$ of GDP +36.8%
1971 3.23 constant LCU per US$ of GDP -3.2%
1972 1.83 constant LCU per US$ of GDP -43.3%
1973 0.7668 constant LCU per US$ of GDP -58.1%
1974 0.7169 constant LCU per US$ of GDP -6.5%
1975 0.7681 constant LCU per US$ of GDP +7.1%
1976 0.6227 constant LCU per US$ of GDP -18.9%
1977 0.619 constant LCU per US$ of GDP -0.6%
1978 0.5358 constant LCU per US$ of GDP -13.4%
1979 0.5581 constant LCU per US$ of GDP +4.2%
1980 0.5242 constant LCU per US$ of GDP -6.1%
1981 0.5118 constant LCU per US$ of GDP -2.4%
1982 0.6113 constant LCU per US$ of GDP +19.4%
1983 0.5903 constant LCU per US$ of GDP -3.4%
1984 0.5423 constant LCU per US$ of GDP -8.1%
1985 0.4107 constant LCU per US$ of GDP -24.3%
1986 0.394 constant LCU per US$ of GDP -4.1%
1987 0.3646 constant LCU per US$ of GDP -7.5%
1988 0.4423 constant LCU per US$ of GDP +21.3%
1989 0.3467 constant LCU per US$ of GDP -21.6%
1990 0.3842 constant LCU per US$ of GDP +10.8%
1991 0.4018 constant LCU per US$ of GDP +4.6%
1992 0.3599 constant LCU per US$ of GDP -10.4%
1993 0.2495 constant LCU per US$ of GDP -30.7%
1994 0.2998 constant LCU per US$ of GDP +20.2%
1995 0.3516 constant LCU per US$ of GDP +17.3%
1996 0.349 constant LCU per US$ of GDP -0.7%
1997 0.3311 constant LCU per US$ of GDP -5.1%
1998 0.3688 constant LCU per US$ of GDP +11.4%
1999 0.4022 constant LCU per US$ of GDP +9.1%
2000 0.5434 constant LCU per US$ of GDP +35.1%
2001 0.6644 constant LCU per US$ of GDP +22.3%
2002 0.6671 constant LCU per US$ of GDP +0.4%
2003 0.534 constant LCU per US$ of GDP -19.9%
2004 0.481 constant LCU per US$ of GDP -9.9%

Papua New Guinea compared with similar countries

  • Papua New Guinea's 0.481 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 4.74 constant LCU per US$ of GDP, 10% of the median. (43 countries reporting)
  • Papua New Guinea's 0.481 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 1.01 constant LCU per US$ of GDP, 48% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.72 constant LCU per US$ of GDP 1.17 constant LCU per US$ of GDP 2.44 constant LCU per US$ of GDP 10
1970s 1.3 constant LCU per US$ of GDP 0.5358 constant LCU per US$ of GDP 3.34 constant LCU per US$ of GDP 10
1980s 0.4738 constant LCU per US$ of GDP 0.3467 constant LCU per US$ of GDP 0.6113 constant LCU per US$ of GDP 10
1990s 0.3498 constant LCU per US$ of GDP 0.2495 constant LCU per US$ of GDP 0.4022 constant LCU per US$ of GDP 10
2000s 0.578 constant LCU per US$ of GDP 0.481 constant LCU per US$ of GDP 0.6671 constant LCU per US$ of GDP 5

Countries ranked near Papua New Guinea

  1. 100 Samoa 0.6399 constant LCU per US$ of GDP
  2. 101 Belarus 0.6175 constant LCU per US$ of GDP compare
  3. 102 Yemen 0.614 constant LCU per US$ of GDP compare
  4. 104 Poland 0.4785 constant LCU per US$ of GDP compare
  5. 105 Tonga 0.4562 constant LCU per US$ of GDP compare
  6. 106 Peru 0.443 constant LCU per US$ of GDP compare

See the full ranking of 170 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is gross capital formation (constant lcu), per unit of gdp in Papua New Guinea?
Gross capital formation (constant lcu), per unit of gdp in Papua New Guinea was 0.481 constant LCU per US$ of GDP in 2004, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Papua New Guinea?
The highest recorded value was 3.34 constant LCU per US$ of GDP in 1970.
What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Papua New Guinea?
The lowest recorded value was 0.2495 constant LCU per US$ of GDP in 1993.
How does Papua New Guinea rank for gross capital formation (constant lcu), per unit of gdp?
Papua New Guinea ranks 103rd out of 170 countries with data for 2004.
Is gross capital formation (constant lcu), per unit of gdp rising or falling in Papua New Guinea?
Over the last ten years it is up 60.4%. 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), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), per unit of GDP in Papua New Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-unit-of-gdp/papua-new-guinea/

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How this figure is calculated

Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (constant LCU) ÷ GDP (current US$)

Computed from

  • Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
  • GDP 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

Indicator
Gross capital formation (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 7,061 data points, 1960–2025
Last refreshed

Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.