Gross fixed capital formation (current US$), per unit of GDP in Papua New Guinea
Papua New Guinea: Gross fixed capital formation (current US$), per unit of GDP was 0.1813 current US$ per US$ of GDP in 2004. ▬ Flat
Gross fixed capital formation (current US$), per unit of GDP in Papua New Guinea, 1960–2004
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2004, gross fixed capital formation (current us$), per unit of gdp in Papua New Guinea stood at 0.1813 current US$ per US$ of GDP.
The figure is down 0.1% on the previous year and down 3.6% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Papua New Guinea peaked at 0.4086 current US$ per US$ of GDP in 1971 and was at its lowest, 0.121 current US$ per US$ of GDP, in 1999.
Papua New Guinea ranks 135th of 181 countries on this measure, in the middle of the range.
Gross fixed capital formation (current US$), per unit of GDP in Papua New Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1341 current US$ per US$ of GDP | — |
| 1961 | 0.1253 current US$ per US$ of GDP | -6.5% |
| 1962 | 0.1316 current US$ per US$ of GDP | +5.0% |
| 1963 | 0.1534 current US$ per US$ of GDP | +16.5% |
| 1964 | 0.1706 current US$ per US$ of GDP | +11.2% |
| 1965 | 0.19 current US$ per US$ of GDP | +11.4% |
| 1966 | 0.208 current US$ per US$ of GDP | +9.4% |
| 1967 | 0.2056 current US$ per US$ of GDP | -1.1% |
| 1968 | 0.2015 current US$ per US$ of GDP | -2.0% |
| 1969 | 0.2781 current US$ per US$ of GDP | +38.0% |
| 1970 | 0.3978 current US$ per US$ of GDP | +43.0% |
| 1971 | 0.4086 current US$ per US$ of GDP | +2.7% |
| 1972 | 0.2591 current US$ per US$ of GDP | -36.6% |
| 1973 | 0.1423 current US$ per US$ of GDP | -45.1% |
| 1974 | 0.155 current US$ per US$ of GDP | +8.9% |
| 1975 | 0.1689 current US$ per US$ of GDP | +8.9% |
| 1976 | 0.1674 current US$ per US$ of GDP | -0.9% |
| 1977 | 0.1843 current US$ per US$ of GDP | +10.1% |
| 1978 | 0.1944 current US$ per US$ of GDP | +5.5% |
| 1979 | 0.1998 current US$ per US$ of GDP | +2.8% |
| 1980 | 0.2308 current US$ per US$ of GDP | +15.5% |
| 1981 | 0.2681 current US$ per US$ of GDP | +16.2% |
| 1982 | 0.3297 current US$ per US$ of GDP | +23.0% |
| 1983 | 0.2973 current US$ per US$ of GDP | -9.8% |
| 1984 | 0.2388 current US$ per US$ of GDP | -19.7% |
| 1985 | 0.1844 current US$ per US$ of GDP | -22.8% |
| 1986 | 0.2096 current US$ per US$ of GDP | +13.7% |
| 1987 | 0.1931 current US$ per US$ of GDP | -7.9% |
| 1988 | 0.2325 current US$ per US$ of GDP | +20.4% |
| 1989 | 0.2596 current US$ per US$ of GDP | +11.7% |
| 1990 | 0.2513 current US$ per US$ of GDP | -3.2% |
| 1991 | 0.2801 current US$ per US$ of GDP | +11.5% |
| 1992 | 0.2165 current US$ per US$ of GDP | -22.7% |
| 1993 | 0.1851 current US$ per US$ of GDP | -14.5% |
| 1994 | 0.188 current US$ per US$ of GDP | +1.6% |
| 1995 | 0.1954 current US$ per US$ of GDP | +3.9% |
| 1996 | 0.1723 current US$ per US$ of GDP | -11.8% |
| 1997 | 0.1528 current US$ per US$ of GDP | -11.3% |
| 1998 | 0.1398 current US$ per US$ of GDP | -8.5% |
| 1999 | 0.121 current US$ per US$ of GDP | -13.4% |
| 2000 | 0.2042 current US$ per US$ of GDP | +68.7% |
| 2001 | 0.2116 current US$ per US$ of GDP | +3.6% |
| 2002 | 0.1942 current US$ per US$ of GDP | -8.2% |
| 2003 | 0.1815 current US$ per US$ of GDP | -6.5% |
| 2004 | 0.1813 current US$ per US$ of GDP | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1798 current US$ per US$ of GDP | 0.1253 current US$ per US$ of GDP | 0.2781 current US$ per US$ of GDP | 10 |
| 1970s | 0.2278 current US$ per US$ of GDP | 0.1423 current US$ per US$ of GDP | 0.4086 current US$ per US$ of GDP | 10 |
| 1980s | 0.2444 current US$ per US$ of GDP | 0.1844 current US$ per US$ of GDP | 0.3297 current US$ per US$ of GDP | 10 |
| 1990s | 0.1902 current US$ per US$ of GDP | 0.121 current US$ per US$ of GDP | 0.2801 current US$ per US$ of GDP | 10 |
| 2000s | 0.1946 current US$ per US$ of GDP | 0.1813 current US$ per US$ of GDP | 0.2116 current US$ per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
- 132 Trinidad and Tobago 0.1899 current US$ per US$ of GDP compare
- 133 United Kingdom of Great Britain and Northern Ireland 0.1888 current US$ per US$ of GDP compare
- 134 Seychelles 0.1871 current US$ per US$ of GDP compare
- 136 Kenya 0.1792 current US$ per US$ of GDP compare
- 137 Malta 0.1779 current US$ per US$ of GDP compare
- 138 Afghanistan 0.1703 current US$ per US$ of GDP
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 capita 112.54 current US$ per person (2004)
- Gross fixed capital formation (current LCU), per unit of GDP 0.5842 current LCU per US$ of GDP (2004)
- Gross fixed capital formation (current LCU), per capita 362.56 current LCU per person (2004)
- Gross capital formation (current US$), annual growth rate 11.49 % change on previous year (2004)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Papua New Guinea?
- Gross fixed capital formation (current us$), per unit of gdp in Papua New Guinea was 0.1813 current US$ per US$ of GDP in 2004, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0.4086 current US$ per US$ of GDP in 1971.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0.121 current US$ per US$ of GDP in 1999.
- How does Papua New Guinea rank for gross fixed capital formation (current us$), per unit of gdp?
- Papua New Guinea ranks 135th out of 181 countries with data for 2004.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is flat.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.