Gross fixed capital formation (constant LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross fixed capital formation (constant LCU), per unit of GDP was 0.4361 constant LCU per US$ of GDP in 2004. ◆ Volatile
Gross fixed capital formation (constant LCU), per unit of GDP in Papua New Guinea, 1960–2004
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (constant lcu), per unit of gdp in Papua New Guinea is 0.4361 constant LCU per US$ of GDP, measured in 2004.
The figure is down 10.4% on the previous year and up 64.5% over ten years.
Over the whole period, gross fixed capital formation (constant lcu), per unit of gdp in Papua New Guinea peaked at 3.24 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.233 constant LCU per US$ of GDP, in 1997.
Papua New Guinea ranks 106th of 168 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 fixed capital formation (constant LCU), per unit of GDP in Papua New Guinea, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 1.25 constant LCU per US$ of GDP | — |
| 1961 | 1.22 constant LCU per US$ of GDP | -2.1% |
| 1962 | 1.23 constant LCU per US$ of GDP | +0.8% |
| 1963 | 1.5 constant LCU per US$ of GDP | +21.4% |
| 1964 | 1.77 constant LCU per US$ of GDP | +18.6% |
| 1965 | 2.09 constant LCU per US$ of GDP | +17.9% |
| 1966 | 2 constant LCU per US$ of GDP | -4.2% |
| 1967 | 1.91 constant LCU per US$ of GDP | -4.4% |
| 1968 | 1.83 constant LCU per US$ of GDP | -4.1% |
| 1969 | 2.37 constant LCU per US$ of GDP | +29.2% |
| 1970 | 3.24 constant LCU per US$ of GDP | +36.8% |
| 1971 | 3.13 constant LCU per US$ of GDP | -3.6% |
| 1972 | 1.76 constant LCU per US$ of GDP | -43.7% |
| 1973 | 0.7429 constant LCU per US$ of GDP | -57.8% |
| 1974 | 0.6767 constant LCU per US$ of GDP | -8.9% |
| 1975 | 0.6834 constant LCU per US$ of GDP | +1.0% |
| 1976 | 0.5579 constant LCU per US$ of GDP | -18.4% |
| 1977 | 0.5494 constant LCU per US$ of GDP | -1.5% |
| 1978 | 0.5035 constant LCU per US$ of GDP | -8.3% |
| 1979 | 0.494 constant LCU per US$ of GDP | -1.9% |
| 1980 | 0.5021 constant LCU per US$ of GDP | +1.6% |
| 1981 | 0.5245 constant LCU per US$ of GDP | +4.5% |
| 1982 | 0.6524 constant LCU per US$ of GDP | +24.4% |
| 1983 | 0.6208 constant LCU per US$ of GDP | -4.8% |
| 1984 | 0.5025 constant LCU per US$ of GDP | -19.1% |
| 1985 | 0.4027 constant LCU per US$ of GDP | -19.9% |
| 1986 | 0.4327 constant LCU per US$ of GDP | +7.5% |
| 1987 | 0.3598 constant LCU per US$ of GDP | -16.9% |
| 1988 | 0.3908 constant LCU per US$ of GDP | +8.6% |
| 1989 | 0.4131 constant LCU per US$ of GDP | +5.7% |
| 1990 | 0.4135 constant LCU per US$ of GDP | +0.1% |
| 1991 | 0.4305 constant LCU per US$ of GDP | +4.1% |
| 1992 | 0.3435 constant LCU per US$ of GDP | -20.2% |
| 1993 | 0.276 constant LCU per US$ of GDP | -19.7% |
| 1994 | 0.265 constant LCU per US$ of GDP | -4.0% |
| 1995 | 0.316 constant LCU per US$ of GDP | +19.2% |
| 1996 | 0.2617 constant LCU per US$ of GDP | -17.2% |
| 1997 | 0.233 constant LCU per US$ of GDP | -10.9% |
| 1998 | 0.2878 constant LCU per US$ of GDP | +23.5% |
| 1999 | 0.2973 constant LCU per US$ of GDP | +3.3% |
| 2000 | 0.5067 constant LCU per US$ of GDP | +70.4% |
| 2001 | 0.6125 constant LCU per US$ of GDP | +20.9% |
| 2002 | 0.6114 constant LCU per US$ of GDP | -0.2% |
| 2003 | 0.4866 constant LCU per US$ of GDP | -20.4% |
| 2004 | 0.4361 constant LCU per US$ of GDP | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.72 constant LCU per US$ of GDP | 1.22 constant LCU per US$ of GDP | 2.37 constant LCU per US$ of GDP | 10 |
| 1970s | 1.23 constant LCU per US$ of GDP | 0.494 constant LCU per US$ of GDP | 3.24 constant LCU per US$ of GDP | 10 |
| 1980s | 0.4801 constant LCU per US$ of GDP | 0.3598 constant LCU per US$ of GDP | 0.6524 constant LCU per US$ of GDP | 10 |
| 1990s | 0.3124 constant LCU per US$ of GDP | 0.233 constant LCU per US$ of GDP | 0.4305 constant LCU per US$ of GDP | 10 |
| 2000s | 0.5307 constant LCU per US$ of GDP | 0.4361 constant LCU per US$ of GDP | 0.6125 constant LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 103 Poland 0.4759 constant LCU per US$ of GDP compare
- 104 Tonga 0.4521 constant LCU per US$ of GDP compare
- 105 Peru 0.445 constant LCU per US$ of GDP compare
- 107 Georgia 0.4019 constant LCU per US$ of GDP
- 108 Turkey 0.3986 constant LCU per US$ of GDP compare
- 109 Romania 0.389 constant 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)
- 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation (constant lcu), per unit of gdp in Papua New Guinea?
- Gross fixed capital formation (constant lcu), per unit of gdp in Papua New Guinea was 0.4361 constant LCU per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 3.24 constant LCU per US$ of GDP in 1970.
- What is the lowest gross fixed capital formation (constant lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.233 constant LCU per US$ of GDP in 1997.
- How does Papua New Guinea rank for gross fixed capital formation (constant lcu), per unit of gdp?
- Papua New Guinea ranks 106th out of 168 countries with data for 2004.
- Is gross fixed capital formation (constant lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 64.5%. 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 fixed capital formation (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross fixed 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 fixed 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.