Gross capital formation (current LCU), annual growth rate in Papua New Guinea
Papua New Guinea: Gross capital formation (current LCU), annual growth rate was 1.08 % change on previous year in 2004. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Papua New Guinea, 1961–2004
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded 1.08 % change on previous year for gross capital formation (current lcu), annual growth rate in 2004.
The figure is down 20.7% on the previous year and down 97.1% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Papua New Guinea peaked at 67.69 % change on previous year in 1970 and was at its lowest, -29.06 % change on previous year, in 1973.
That places Papua New Guinea 142nd out of 186 countries with data for 2004, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current 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 | 7.32 % change on previous year | +83.6% |
| 1963 | 28.57 % change on previous year | +290.5% |
| 1964 | 31.57 % change on previous year | +10.5% |
| 1965 | 27.45 % change on previous year | -13.0% |
| 1966 | 17.77 % change on previous year | -35.3% |
| 1967 | 10.61 % change on previous year | -40.3% |
| 1968 | 8.79 % change on previous year | -17.2% |
| 1969 | 51.97 % change on previous year | +491.5% |
| 1970 | 67.69 % change on previous year | +30.3% |
| 1971 | 12.97 % change on previous year | -80.8% |
| 1972 | -26.32 % change on previous year | -302.9% |
| 1973 | -29.06 % change on previous year | +10.4% |
| 1974 | 25.78 % change on previous year | -188.7% |
| 1975 | 16.62 % change on previous year | -35.5% |
| 1976 | 7.61 % change on previous year | -54.2% |
| 1977 | 25.5 % change on previous year | +235.3% |
| 1978 | 11.37 % change on previous year | -55.4% |
| 1979 | 22.7 % change on previous year | +99.6% |
| 1980 | 12.34 % change on previous year | -45.6% |
| 1981 | 6.39 % change on previous year | -48.2% |
| 1982 | 22.79 % change on previous year | +256.8% |
| 1983 | 12.12 % change on previous year | -46.8% |
| 1984 | -1.82 % change on previous year | -115.0% |
| 1985 | -22.37 % change on previous year | +1126.7% |
| 1986 | 5.62 % change on previous year | -125.1% |
| 1987 | 15.28 % change on previous year | +172.1% |
| 1988 | 47.36 % change on previous year | +209.9% |
| 1989 | -17.99 % change on previous year | -138.0% |
| 1990 | 6.31 % change on previous year | -135.0% |
| 1991 | 31.41 % change on previous year | +398.2% |
| 1992 | -0.4048 % change on previous year | -101.3% |
| 1993 | -12.78 % change on previous year | +3057.8% |
| 1994 | 37.67 % change on previous year | -394.7% |
| 1995 | 15.02 % change on previous year | -60.1% |
| 1996 | 13.72 % change on previous year | -8.7% |
| 1997 | -3.54 % change on previous year | -125.8% |
| 1998 | -6.27 % change on previous year | +77.1% |
| 1999 | 3.41 % change on previous year | -154.4% |
| 2000 | 47.5 % change on previous year | +1292.6% |
| 2001 | 11.95 % change on previous year | -74.8% |
| 2002 | 3.52 % change on previous year | -70.6% |
| 2003 | 1.36 % change on previous year | -61.3% |
| 2004 | 1.08 % change on previous year | -20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.89 % change on previous year | 3.99 % change on previous year | 51.97 % change on previous year | 9 |
| 1970s | 13.49 % change on previous year | -29.06 % change on previous year | 67.69 % change on previous year | 10 |
| 1980s | 7.97 % change on previous year | -22.37 % change on previous year | 47.36 % change on previous year | 10 |
| 1990s | 8.45 % change on previous year | -12.78 % change on previous year | 37.67 % change on previous year | 10 |
| 2000s | 13.08 % change on previous year | 1.08 % change on previous year | 47.5 % change on previous year | 5 |
Countries ranked near Papua New Guinea
- 139 Lao People's Democratic Republic 1.35 % change on previous year compare
- 140 Republic of Korea 1.24 % change on previous year compare
- 141 Mauritius 1.2 % change on previous year compare
- 143 Norway 0.5503 % change on previous year compare
- 144 Hungary -0.0104 % change on previous year compare
- 145 Togo -0.0651 % 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)
- Gross capital formation (current US$), annual growth rate 11.49 % change on previous year (2004)
- Gross capital formation (current US$), per unit of GDP 0.2 current US$ per US$ of GDP (2004)
- Gross capital formation (current US$), per capita 124.13 current US$ per person (2004)
- Gross capital formation (current LCU), per unit of GDP 0.6444 current LCU per US$ of GDP (2004)
- Gross capital formation (current LCU), per capita 399.9 current LCU per person (2004)
- Imports of goods and services (current US$), annual growth rate 21.1 % change on previous year (2004)
- Imports of goods and services (current US$), per unit of GDP 0.5892 current US$ per US$ of GDP (2004)
- Imports of goods and services (current US$), per capita 365.65 current US$ per person (2004)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Papua New Guinea?
- Gross capital formation (current lcu), annual growth rate in Papua New Guinea was 1.08 % change on previous year in 2004, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Papua New Guinea?
- The highest recorded value was 67.69 % change on previous year in 1970.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Papua New Guinea?
- The lowest recorded value was -29.06 % change on previous year in 1973.
- How does Papua New Guinea rank for gross capital formation (current lcu), annual growth rate?
- Papua New Guinea ranks 142nd out of 186 countries with data for 2004.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Papua New Guinea?
- Over the last ten years it is down 97.1%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.