Gross fixed capital formation, private sector in Papua New Guinea
Papua New Guinea: Gross fixed capital formation, private sector was 687.50 million current LCU in 1993. ▲ Rising
Gross fixed capital formation, private sector in Papua New Guinea, 1980–1993
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 1993, gross fixed capital formation, private sector in Papua New Guinea stood at 687.50 million current LCU.
Compared with earlier readings it is down 1.7% on the previous year and up 36.0% over ten years.
Over the whole period, gross fixed capital formation, private sector in Papua New Guinea peaked at 839.90 million current LCU in 1991 and was at its lowest, 231.10 million current LCU, in 1980.
Papua New Guinea ranks 94th of 105 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Gross fixed capital formation, private sector in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 231.10 million current LCU | — |
| 1981 | 305.10 million current LCU | +32.0% |
| 1982 | 456.60 million current LCU | +49.7% |
| 1983 | 505.50 million current LCU | +10.7% |
| 1984 | 404.50 million current LCU | -20.0% |
| 1985 | 294.20 million current LCU | -27.3% |
| 1986 | 373.30 million current LCU | +26.9% |
| 1987 | 400.30 million current LCU | +7.2% |
| 1988 | 579.50 million current LCU | +44.8% |
| 1989 | 646.20 million current LCU | +11.5% |
| 1990 | 615.30 million current LCU | -4.8% |
| 1991 | 839.90 million current LCU | +36.5% |
| 1992 | 699.40 million current LCU | -16.7% |
| 1993 | 687.50 million current LCU | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 419.63 million current LCU | 231.10 million current LCU | 646.20 million current LCU | 10 |
| 1990s | 710.52 million current LCU | 615.30 million current LCU | 839.90 million current LCU | 4 |
Countries ranked near Papua New Guinea
- 91 Georgia 1.71 billion current LCU
- 92 Curaçao 1.69 billion current LCU
- 93 Ghana 1.65 billion current LCU compare
- 95 United States Virgin Islands 448.00 million current LCU
- 96 Oman 381.20 million current LCU compare
- 97 Timor-Leste 132.96 million current LCU
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)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8825 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,665 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 2.35 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 7,084 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.56 % change on previous year (2004)
- Gross domestic savings (current US$), per unit of GDP 0.3325 current US$ per US$ of GDP (2004)
Frequently asked questions
- What is gross fixed capital formation, private sector in Papua New Guinea?
- Gross fixed capital formation, private sector in Papua New Guinea was 687.50 million current LCU in 1993, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Papua New Guinea?
- The highest recorded value was 839.90 million current LCU in 1991.
- What is the lowest gross fixed capital formation, private sector recorded in Papua New Guinea?
- The lowest recorded value was 231.10 million current LCU in 1980.
- How does Papua New Guinea rank for gross fixed capital formation, private sector?
- Papua New Guinea ranks 94th out of 105 countries with data for 1993.
- Is gross fixed capital formation, private sector rising or falling in Papua New Guinea?
- Over the last ten years it is up 36.0%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.