Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Papua New Guinea
Papua New Guinea: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 106.06 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Papua New Guinea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross fixed capital formation deflator — value us$, 2015 prices in Papua New Guinea is 106.06 USD, measured in 2024.
That represents a change of down 2.7% on the previous year and up 18.7% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Papua New Guinea peaked at 177.65 USD in 1994 and was at its lowest, 37.77 USD, in 1970.
That places Papua New Guinea 144th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Papua New Guinea, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 37.77 USD | — |
| 1971 | 44.22 USD | +17.1% |
| 1972 | 49.79 USD | +12.6% |
| 1973 | 45.16 USD | -9.3% |
| 1974 | 53.84 USD | +19.2% |
| 1975 | 58.26 USD | +8.2% |
| 1976 | 69.16 USD | +18.7% |
| 1977 | 81.24 USD | +17.5% |
| 1978 | 93.51 USD | +15.1% |
| 1979 | 97.93 USD | +4.7% |
| 1980 | 111.33 USD | +13.7% |
| 1981 | 123.8 USD | +11.2% |
| 1982 | 122.39 USD | -1.1% |
| 1983 | 115.16 USD | -5.9% |
| 1984 | 114.23 USD | -0.8% |
| 1985 | 110.08 USD | -3.6% |
| 1986 | 116.49 USD | +5.8% |
| 1987 | 129.07 USD | +10.8% |
| 1988 | 143.06 USD | +10.8% |
| 1989 | 151.13 USD | +5.6% |
| 1990 | 146.18 USD | -3.3% |
| 1991 | 156.55 USD | +7.1% |
| 1992 | 163.13 USD | +4.2% |
| 1993 | 175.21 USD | +7.4% |
| 1994 | 177.65 USD | +1.4% |
| 1995 | 167.1 USD | -5.9% |
| 1996 | 110.77 USD | -33.7% |
| 1997 | 120.5 USD | +8.8% |
| 1998 | 85.41 USD | -29.1% |
| 1999 | 71.2 USD | -16.6% |
| 2000 | 70.91 USD | -0.4% |
| 2001 | 60.92 USD | -14.1% |
| 2002 | 56.13 USD | -7.9% |
| 2003 | 65.88 USD | +17.4% |
| 2004 | 73.62 USD | +11.7% |
| 2005 | 77.89 USD | +5.8% |
| 2006 | 81 USD | +4.0% |
| 2007 | 85.43 USD | +5.5% |
| 2008 | 97.03 USD | +13.6% |
| 2009 | 88.84 USD | -8.4% |
| 2010 | 89.95 USD | +1.2% |
| 2011 | 96.93 USD | +7.8% |
| 2012 | 106.6 USD | +10.0% |
| 2013 | 98.67 USD | -7.4% |
| 2014 | 89.36 USD | -9.4% |
| 2015 | 100 USD | +11.9% |
| 2016 | 92.3 USD | -7.7% |
| 2017 | 96.31 USD | +4.4% |
| 2018 | 100.49 USD | +4.3% |
| 2019 | 99.61 USD | -0.9% |
| 2020 | 92.67 USD | -7.0% |
| 2021 | 97.94 USD | +5.7% |
| 2022 | 114.58 USD | +17.0% |
| 2023 | 109 USD | -4.9% |
| 2024 | 106.06 USD | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 63.09 USD | 37.77 USD | 97.93 USD | 10 |
| 1980s | 123.68 USD | 110.08 USD | 151.13 USD | 10 |
| 1990s | 137.37 USD | 71.2 USD | 177.65 USD | 10 |
| 2000s | 75.76 USD | 56.13 USD | 97.03 USD | 10 |
| 2010s | 97.02 USD | 89.36 USD | 106.6 USD | 10 |
| 2020s | 104.05 USD | 92.67 USD | 114.58 USD | 5 |
Countries ranked near Papua New Guinea
- 141 Oman 106.69 USD compare
- 142 Pakistan 106.65 USD compare
- 143 Mauritania 106.16 USD compare
- 145 Kiribati 105.95 USD compare
- 146 Ethiopia PDR 105.81 USD compare
- 147 United Arab Emirates 105.78 USD 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 value added at basic prices (GVA) (current US$), annual growth 0.2146 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9552 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 2,782 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.68 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,718 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.13 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8374 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Papua New Guinea?
- Gross fixed capital formation deflator — value us$, 2015 prices in Papua New Guinea was 106.06 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Papua New Guinea?
- The highest recorded value was 177.65 USD in 1994.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Papua New Guinea?
- The lowest recorded value was 37.77 USD in 1970.
- How does Papua New Guinea rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Papua New Guinea ranks 144th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Papua New Guinea?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
- 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).