Gross capital formation (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross capital formation (current LCU), per unit of GDP was 0.6444 current LCU per US$ of GDP in 2004. ◆ Volatile
Gross capital formation (current LCU), per unit of GDP in Papua New Guinea, 1960–2004
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current lcu), per unit of gdp in Papua New Guinea is 0.6444 current LCU per US$ of GDP, measured in 2004.
Compared with earlier readings it is down 9.0% on the previous year and up 200.1% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Papua New Guinea peaked at 0.8235 current LCU per US$ of GDP in 2002 and was at its lowest, 0.109 current LCU per US$ of GDP, in 1973.
Papua New Guinea ranks 127th of 187 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 (current LCU), per unit of GDP in Papua New Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1197 current LCU per US$ of GDP | — |
| 1961 | 0.1172 current LCU per US$ of GDP | -2.1% |
| 1962 | 0.1179 current LCU per US$ of GDP | +0.6% |
| 1963 | 0.1435 current LCU per US$ of GDP | +21.7% |
| 1964 | 0.1706 current LCU per US$ of GDP | +18.9% |
| 1965 | 0.1929 current LCU per US$ of GDP | +13.1% |
| 1966 | 0.2 current LCU per US$ of GDP | +3.7% |
| 1967 | 0.1958 current LCU per US$ of GDP | -2.1% |
| 1968 | 0.1939 current LCU per US$ of GDP | -1.0% |
| 1969 | 0.2594 current LCU per US$ of GDP | +33.7% |
| 1970 | 0.3715 current LCU per US$ of GDP | +43.2% |
| 1971 | 0.3774 current LCU per US$ of GDP | +1.6% |
| 1972 | 0.2324 current LCU per US$ of GDP | -38.4% |
| 1973 | 0.109 current LCU per US$ of GDP | -53.1% |
| 1974 | 0.1214 current LCU per US$ of GDP | +11.3% |
| 1975 | 0.1531 current LCU per US$ of GDP | +26.1% |
| 1976 | 0.1478 current LCU per US$ of GDP | -3.4% |
| 1977 | 0.171 current LCU per US$ of GDP | +15.6% |
| 1978 | 0.1604 current LCU per US$ of GDP | -6.2% |
| 1979 | 0.1671 current LCU per US$ of GDP | +4.2% |
| 1980 | 0.1691 current LCU per US$ of GDP | +1.2% |
| 1981 | 0.1834 current LCU per US$ of GDP | +8.4% |
| 1982 | 0.2375 current LCU per US$ of GDP | +29.5% |
| 1983 | 0.2461 current LCU per US$ of GDP | +3.7% |
| 1984 | 0.2426 current LCU per US$ of GDP | -1.5% |
| 1985 | 0.1984 current LCU per US$ of GDP | -18.2% |
| 1986 | 0.1917 current LCU per US$ of GDP | -3.3% |
| 1987 | 0.1862 current LCU per US$ of GDP | -2.9% |
| 1988 | 0.2359 current LCU per US$ of GDP | +26.7% |
| 1989 | 0.1994 current LCU per US$ of GDP | -15.5% |
| 1990 | 0.2335 current LCU per US$ of GDP | +17.1% |
| 1991 | 0.2609 current LCU per US$ of GDP | +11.7% |
| 1992 | 0.2248 current LCU per US$ of GDP | -13.8% |
| 1993 | 0.1725 current LCU per US$ of GDP | -23.2% |
| 1994 | 0.2147 current LCU per US$ of GDP | +24.5% |
| 1995 | 0.2932 current LCU per US$ of GDP | +36.5% |
| 1996 | 0.2998 current LCU per US$ of GDP | +2.3% |
| 1997 | 0.302 current LCU per US$ of GDP | +0.7% |
| 1998 | 0.3688 current LCU per US$ of GDP | +22.1% |
| 1999 | 0.4156 current LCU per US$ of GDP | +12.7% |
| 2000 | 0.6053 current LCU per US$ of GDP | +45.6% |
| 2001 | 0.7745 current LCU per US$ of GDP | +28.0% |
| 2002 | 0.8235 current LCU per US$ of GDP | +6.3% |
| 2003 | 0.7079 current LCU per US$ of GDP | -14.0% |
| 2004 | 0.6444 current LCU per US$ of GDP | -9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1711 current LCU per US$ of GDP | 0.1172 current LCU per US$ of GDP | 0.2594 current LCU per US$ of GDP | 10 |
| 1970s | 0.2011 current LCU per US$ of GDP | 0.109 current LCU per US$ of GDP | 0.3774 current LCU per US$ of GDP | 10 |
| 1980s | 0.209 current LCU per US$ of GDP | 0.1691 current LCU per US$ of GDP | 0.2461 current LCU per US$ of GDP | 10 |
| 1990s | 0.2786 current LCU per US$ of GDP | 0.1725 current LCU per US$ of GDP | 0.4156 current LCU per US$ of GDP | 10 |
| 2000s | 0.7111 current LCU per US$ of GDP | 0.6053 current LCU per US$ of GDP | 0.8235 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 124 Curaçao 0.7351 current LCU per US$ of GDP
- 125 Peru 0.7255 current LCU per US$ of GDP compare
- 126 Poland 0.6727 current LCU per US$ of GDP compare
- 128 Tonga 0.6265 current LCU per US$ of GDP compare
- 129 Georgia 0.5835 current LCU per US$ of GDP compare
- 130 Bosnia and Herzegovina 0.4985 current LCU per US$ of GDP 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 national expenditure (current US$), annual growth rate 13.86 % change on previous year (2004)
- Gross national expenditure (current US$), per unit of GDP 0.8675 current US$ per US$ of GDP (2004)
- Gross national expenditure (current US$), per capita 538.4 current US$ per person (2004)
- Gross national expenditure (current LCU), annual growth rate 3.22 % change on previous year (2004)
- Gross national expenditure (current LCU), per unit of GDP 2.79 current LCU per US$ of GDP (2004)
- Gross national expenditure (current LCU), per capita 1,735 current LCU per person (2004)
- Exports of goods and services (current US$), annual growth rate 15.44 % change on previous year (2004)
- Exports of goods and services (current US$), per unit of GDP 0.7216 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in Papua New Guinea?
- Gross capital formation (current lcu), per unit of gdp in Papua New Guinea was 0.6444 current LCU per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.8235 current LCU per US$ of GDP in 2002.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.109 current LCU per US$ of GDP in 1973.
- How does Papua New Guinea rank for gross capital formation (current lcu), per unit of gdp?
- Papua New Guinea ranks 127th out of 187 countries with data for 2004.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 200.1%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
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
Gross capital formation (current 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.