Gross Fixed Capital … Deflator Standard Local Currency in Papua New Guinea
Papua New Guinea: Gross Fixed Capital … Deflator Standard Local Currency was 147.28 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Papua New Guinea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Papua New Guinea is 147.28 SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.2% on the previous year and up 85.4% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Papua New Guinea peaked at 147.28 SLC in 2024 and was at its lowest, 11.49 SLC, in 1973.
That places Papua New Guinea 72nd out of 208 countries with data for 2024, putting it 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 … Deflator Standard Local Currency in Papua New Guinea, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 12.18 SLC | — |
| 1971 | 14.1 SLC | +15.7% |
| 1972 | 15.02 SLC | +6.5% |
| 1973 | 11.49 SLC | -23.5% |
| 1974 | 13.55 SLC | +18.0% |
| 1975 | 16.08 SLC | +18.6% |
| 1976 | 19.81 SLC | +23.2% |
| 1977 | 23.22 SLC | +17.3% |
| 1978 | 23.95 SLC | +3.1% |
| 1979 | 25.18 SLC | +5.1% |
| 1980 | 26.98 SLC | +7.2% |
| 1981 | 30.1 SLC | +11.5% |
| 1982 | 32.65 SLC | +8.5% |
| 1983 | 34.78 SLC | +6.5% |
| 1984 | 37.08 SLC | +6.6% |
| 1985 | 39.78 SLC | +7.3% |
| 1986 | 40.88 SLC | +2.8% |
| 1987 | 42.33 SLC | +3.6% |
| 1988 | 44.81 SLC | +5.8% |
| 1989 | 46.88 SLC | +4.6% |
| 1990 | 50.43 SLC | +7.6% |
| 1991 | 53.82 SLC | +6.7% |
| 1992 | 56.84 SLC | +5.6% |
| 1993 | 61.91 SLC | +8.9% |
| 1994 | 64.9 SLC | +4.8% |
| 1995 | 77.25 SLC | +19.0% |
| 1996 | 52.78 SLC | -31.7% |
| 1997 | 62.59 SLC | +18.6% |
| 1998 | 63.97 SLC | +2.2% |
| 1999 | 66.12 SLC | +3.4% |
| 2000 | 71.26 SLC | +7.8% |
| 2001 | 74.57 SLC | +4.6% |
| 2002 | 78.97 SLC | +5.9% |
| 2003 | 84.8 SLC | +7.4% |
| 2004 | 85.69 SLC | +1.1% |
| 2005 | 87.27 SLC | +1.8% |
| 2006 | 89.44 SLC | +2.5% |
| 2007 | 91.5 SLC | +2.3% |
| 2008 | 94.63 SLC | +3.4% |
| 2009 | 88.41 SLC | -6.6% |
| 2010 | 88.35 SLC | -0.1% |
| 2011 | 83.02 SLC | -6.0% |
| 2012 | 80.23 SLC | -3.4% |
| 2013 | 79.99 SLC | -0.3% |
| 2014 | 79.45 SLC | -0.7% |
| 2015 | 100 SLC | +25.9% |
| 2016 | 104.45 SLC | +4.5% |
| 2017 | 110.94 SLC | +6.2% |
| 2018 | 119.54 SLC | +7.8% |
| 2019 | 121.89 SLC | +2.0% |
| 2020 | 115.82 SLC | -5.0% |
| 2021 | 124.14 SLC | +7.2% |
| 2022 | 145.65 SLC | +17.3% |
| 2023 | 141.33 SLC | -3.0% |
| 2024 | 147.28 SLC | +4.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 147.28 SLC is above the median for lower middle income countries, which is 147.28 SLC, 1.0× the median. (41 countries reporting)
- Papua New Guinea's 147.28 SLC is above the median for East Asia & Pacific, which is 123.7 SLC, 1.2× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital … Deflator Standard Local Currency in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | -31.7% | 77.25 SLC | 52.78 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.46 SLC | 11.49 SLC | 25.18 SLC | 10 |
| 1980s | 37.63 SLC | 26.98 SLC | 46.88 SLC | 10 |
| 1990s | 61.06 SLC | 50.43 SLC | 77.25 SLC | 10 |
| 2000s | 84.66 SLC | 71.26 SLC | 94.63 SLC | 10 |
| 2010s | 96.79 SLC | 79.45 SLC | 121.89 SLC | 10 |
| 2020s | 134.84 SLC | 115.82 SLC | 147.28 SLC | 5 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Real gdp growth, annual growth rate 2.02 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Papua New Guinea?
- Gross fixed capital formation deflator — value standard local in Papua New Guinea was 147.28 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Papua New Guinea?
- The highest recorded value was 147.28 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Papua New Guinea?
- The lowest recorded value was 11.49 SLC in 1973.
- How does Papua New Guinea rank for gross fixed capital formation deflator — value standard local?
- Papua New Guinea ranks 72nd out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Papua New Guinea?
- Over the last ten years it is up 85.4%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).