Gross fixed capital formation (current LCU), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross fixed capital formation (current LCU), per unit of GDP was 0.5842 current LCU per US$ of GDP in 2004. ◆ Volatile
Gross fixed 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 fixed capital formation (current lcu), per unit of gdp in Papua New Guinea is 0.5842 current LCU per US$ of GDP, measured in 2004.
Compared with earlier readings it is down 9.4% on the previous year and up 209.1% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Papua New Guinea peaked at 0.7548 current LCU per US$ of GDP in 2002 and was at its lowest, 0.1002 current LCU per US$ of GDP, in 1973.
Papua New Guinea ranks 125th of 181 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 (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 | 0.1119 current LCU per US$ of GDP | -6.5% |
| 1962 | 0.1175 current LCU per US$ of GDP | +5.0% |
| 1963 | 0.137 current LCU per US$ of GDP | +16.5% |
| 1964 | 0.1523 current LCU per US$ of GDP | +11.2% |
| 1965 | 0.1697 current LCU per US$ of GDP | +11.4% |
| 1966 | 0.1857 current LCU per US$ of GDP | +9.4% |
| 1967 | 0.1836 current LCU per US$ of GDP | -1.1% |
| 1968 | 0.1799 current LCU per US$ of GDP | -2.0% |
| 1969 | 0.2483 current LCU per US$ of GDP | +38.0% |
| 1970 | 0.3552 current LCU per US$ of GDP | +43.0% |
| 1971 | 0.3607 current LCU per US$ of GDP | +1.6% |
| 1972 | 0.2164 current LCU per US$ of GDP | -40.0% |
| 1973 | 0.1002 current LCU per US$ of GDP | -53.7% |
| 1974 | 0.108 current LCU per US$ of GDP | +7.8% |
| 1975 | 0.129 current LCU per US$ of GDP | +19.4% |
| 1976 | 0.1327 current LCU per US$ of GDP | +2.9% |
| 1977 | 0.1458 current LCU per US$ of GDP | +9.9% |
| 1978 | 0.1378 current LCU per US$ of GDP | -5.5% |
| 1979 | 0.1422 current LCU per US$ of GDP | +3.2% |
| 1980 | 0.1548 current LCU per US$ of GDP | +8.9% |
| 1981 | 0.1804 current LCU per US$ of GDP | +16.5% |
| 1982 | 0.2435 current LCU per US$ of GDP | +35.0% |
| 1983 | 0.2486 current LCU per US$ of GDP | +2.1% |
| 1984 | 0.2146 current LCU per US$ of GDP | -13.7% |
| 1985 | 0.1844 current LCU per US$ of GDP | -14.0% |
| 1986 | 0.2036 current LCU per US$ of GDP | +10.4% |
| 1987 | 0.1753 current LCU per US$ of GDP | -13.9% |
| 1988 | 0.2016 current LCU per US$ of GDP | +15.0% |
| 1989 | 0.223 current LCU per US$ of GDP | +10.6% |
| 1990 | 0.2401 current LCU per US$ of GDP | +7.7% |
| 1991 | 0.2667 current LCU per US$ of GDP | +11.1% |
| 1992 | 0.2088 current LCU per US$ of GDP | -21.7% |
| 1993 | 0.1811 current LCU per US$ of GDP | -13.3% |
| 1994 | 0.189 current LCU per US$ of GDP | +4.4% |
| 1995 | 0.261 current LCU per US$ of GDP | +38.1% |
| 1996 | 0.2271 current LCU per US$ of GDP | -13.0% |
| 1997 | 0.2191 current LCU per US$ of GDP | -3.5% |
| 1998 | 0.2878 current LCU per US$ of GDP | +31.3% |
| 1999 | 0.3073 current LCU per US$ of GDP | +6.8% |
| 2000 | 0.5645 current LCU per US$ of GDP | +83.7% |
| 2001 | 0.714 current LCU per US$ of GDP | +26.5% |
| 2002 | 0.7548 current LCU per US$ of GDP | +5.7% |
| 2003 | 0.6451 current LCU per US$ of GDP | -14.5% |
| 2004 | 0.5842 current LCU per US$ of GDP | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1606 current LCU per US$ of GDP | 0.1119 current LCU per US$ of GDP | 0.2483 current LCU per US$ of GDP | 10 |
| 1970s | 0.1828 current LCU per US$ of GDP | 0.1002 current LCU per US$ of GDP | 0.3607 current LCU per US$ of GDP | 10 |
| 1980s | 0.203 current LCU per US$ of GDP | 0.1548 current LCU per US$ of GDP | 0.2486 current LCU per US$ of GDP | 10 |
| 1990s | 0.2388 current LCU per US$ of GDP | 0.1811 current LCU per US$ of GDP | 0.3073 current LCU per US$ of GDP | 10 |
| 2000s | 0.6525 current LCU per US$ of GDP | 0.5645 current LCU per US$ of GDP | 0.7548 current LCU per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 122 Poland 0.6404 current LCU per US$ of GDP compare
- 123 Tonga 0.6209 current LCU per US$ of GDP compare
- 124 Curaçao 0.6094 current LCU per US$ of GDP
- 126 Georgia 0.5215 current LCU per US$ of GDP compare
- 127 Tunisia 0.4727 current LCU per US$ of GDP compare
- 128 Fiji 0.4557 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)
- Exports of goods and services (current LCU), annual growth rate 4.66 % change on previous year (2004)
- Exports of goods and services (current LCU), per unit of GDP 2.32 current LCU per US$ of GDP (2004)
- Exports of goods and services (current LCU), per capita 1,443 current LCU per person (2004)
- Gross fixed capital formation (current US$), annual growth rate 10.94 % change on previous year (2004)
- Gross fixed capital formation (current US$), per unit of GDP 0.1813 current US$ per US$ of GDP (2004)
- Gross fixed capital formation (current US$), per capita 112.54 current US$ per person (2004)
- Gross fixed capital formation (current LCU), per capita 362.56 current LCU per person (2004)
- Gross capital formation (current US$), annual growth rate 11.49 % change on previous year (2004)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Papua New Guinea?
- Gross fixed capital formation (current lcu), per unit of gdp in Papua New Guinea was 0.5842 current LCU per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.7548 current LCU per US$ of GDP in 2002.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.1002 current LCU per US$ of GDP in 1973.
- How does Papua New Guinea rank for gross fixed capital formation (current lcu), per unit of gdp?
- Papua New Guinea ranks 125th out of 181 countries with data for 2004.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is up 209.1%. 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 fixed capital formation (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
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 (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.