Gross fixed capital formation, Private sector, Constant prices in Papua New Guinea
Papua New Guinea: Gross fixed capital formation, Private sector, Constant prices was 0.9367 in 1993. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Papua New Guinea, 1960–1993
Source: International Monetary Fund.
Analysis
Papua New Guinea recorded 0.9367 for gross fixed capital formation, private sector, constant prices in 1993.
That represents a change of down 8.9% on the previous year and down 17.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Papua New Guinea peaked at 1.52 in 1970 and was at its lowest, 0.5677, in 1976.
Papua New Guinea ranks 149th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.5884 | — |
| 1961 | 0.612 | +4.0% |
| 1962 | 0.6365 | +4.0% |
| 1963 | 0.6619 | +4.0% |
| 1964 | 0.6884 | +4.0% |
| 1965 | 0.7159 | +4.0% |
| 1966 | 0.7446 | +4.0% |
| 1967 | 0.7743 | +4.0% |
| 1968 | 0.8053 | +4.0% |
| 1969 | 0.8375 | +4.0% |
| 1970 | 1.52 | +81.7% |
| 1971 | 1.06 | -30.5% |
| 1972 | 0.7118 | -32.6% |
| 1973 | 0.652 | -8.4% |
| 1974 | 0.6732 | +3.2% |
| 1975 | 0.6265 | -6.9% |
| 1976 | 0.5677 | -9.4% |
| 1977 | 0.5781 | +1.8% |
| 1978 | 0.6291 | +8.8% |
| 1979 | 0.7269 | +15.6% |
| 1980 | 0.6698 | -7.9% |
| 1981 | 0.7928 | +18.4% |
| 1982 | 1.09 | +38.0% |
| 1983 | 1.13 | +3.2% |
| 1984 | 0.8469 | -25.0% |
| 1985 | 0.5742 | -32.2% |
| 1986 | 0.7092 | +23.5% |
| 1987 | 0.7343 | +3.5% |
| 1988 | 1 | +36.8% |
| 1989 | 1.07 | +6.6% |
| 1990 | 0.9475 | -11.5% |
| 1991 | 1.21 | +27.9% |
| 1992 | 1.03 | -15.1% |
| 1993 | 0.9367 | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7065 | 0.5884 | 0.8375 | 10 |
| 1970s | 0.7744 | 0.5677 | 1.52 | 10 |
| 1980s | 0.8624 | 0.5742 | 1.13 | 10 |
| 1990s | 1.03 | 0.9367 | 1.21 | 4 |
Countries ranked near Papua New Guinea
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)
- Imports of goods and services (current US$), annual growth rate 21.1 % change on previous year (2004)
- Imports of goods and services (current US$), per unit of GDP 0.5892 current US$ per US$ of GDP (2004)
- Imports of goods and services (current US$), per capita 365.65 current US$ per person (2004)
- Imports of goods and services (current LCU), annual growth rate 9.78 % change on previous year (2004)
- Imports of goods and services (current LCU), per unit of GDP 1.9 current LCU per US$ of GDP (2004)
- Imports of goods and services (current LCU), per capita 1,178 current LCU per person (2004)
- External balance on goods and services (current US$), annual growth -4.41 % change on previous year (2004)
- External balance on goods and services (current LCU), annual growth -13.34 % change on previous year (2004)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Papua New Guinea?
- Gross fixed capital formation, private sector, constant prices in Papua New Guinea was 0.9367 in 1993, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Papua New Guinea?
- The highest recorded value was 1.52 in 1970.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Papua New Guinea?
- The lowest recorded value was 0.5677 in 1976.
- How does Papua New Guinea rank for gross fixed capital formation, private sector, constant prices?
- Papua New Guinea ranks 149th out of 173 countries with data for 1993.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Papua New Guinea?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.