Gross fixed capital formation, Private sector, Current prices in Papua New Guinea
Papua New Guinea: Gross fixed capital formation, Private sector, Current prices was -0.8175 % change on previous year in 1993. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Papua New Guinea, 1971–1993
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Papua New Guinea recorded -0.8175 % change on previous year for gross fixed capital formation, private sector, current prices in 1993.
Compared with earlier readings it is up 92.1% on the previous year and down 108.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Papua New Guinea peaked at 49.66 % change on previous year in 1982 and was at its lowest, -29.93 % change on previous year, in 1973.
That places Papua New Guinea 138th out of 174 countries with data for 1993, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current prices in Papua New Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -19.61 % change on previous year | — |
| 1972 | -28.25 % change on previous year | +44.0% |
| 1973 | -29.93 % change on previous year | +5.9% |
| 1974 | 21.78 % change on previous year | -172.8% |
| 1975 | 10.41 % change on previous year | -52.2% |
| 1976 | 11.66 % change on previous year | +12.0% |
| 1977 | 19.4 % change on previous year | +66.4% |
| 1978 | 12.2 % change on previous year | -37.1% |
| 1979 | 21.49 % change on previous year | +76.1% |
| 1980 | -1.25 % change on previous year | -105.8% |
| 1981 | 32.02 % change on previous year | -2660.1% |
| 1982 | 49.66 % change on previous year | +55.1% |
| 1983 | 9.93 % change on previous year | -80.0% |
| 1984 | -20.01 % change on previous year | -301.6% |
| 1985 | -27.26 % change on previous year | +36.2% |
| 1986 | 26.91 % change on previous year | -198.7% |
| 1987 | 7.23 % change on previous year | -73.1% |
| 1988 | 44.77 % change on previous year | +518.9% |
| 1989 | 11.51 % change on previous year | -74.3% |
| 1990 | -4.78 % change on previous year | -141.5% |
| 1991 | 36.5 % change on previous year | -863.4% |
| 1992 | -10.36 % change on previous year | -128.4% |
| 1993 | -0.8175 % change on previous year | -92.1% |
Papua New Guinea compared with similar countries
- Papua New Guinea's -0.8175 % change on previous year is below the median for lower middle income countries, which is 8.41 % change on previous year. (41 countries reporting)
- Papua New Guinea's -0.8175 % change on previous year is below the median for East Asia & Pacific, which is 2.81 % change on previous year. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current prices 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 |
|---|---|---|---|
| 1981 | +2660.1% | -1.25 % change on previous year | 32.02 % change on previous year |
| 1991 | +863.4% | -4.78 % change on previous year | 36.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.13 % change on previous year | -29.93 % change on previous year | 21.78 % change on previous year | 9 |
| 1980s | 13.35 % change on previous year | -27.26 % change on previous year | 49.66 % change on previous year | 10 |
| 1990s | 5.14 % change on previous year | -10.36 % change on previous year | 36.5 % change on previous year | 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)
- IMF holdings of currency, SDR, annual growth rate 33.86 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0196 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 59.29 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0159 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 48.07 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Papua New Guinea?
- Gross fixed capital formation, private sector, current prices in Papua New Guinea was -0.8175 % change on previous year in 1993, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Papua New Guinea?
- The highest recorded value was 49.66 % change on previous year in 1982.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Papua New Guinea?
- The lowest recorded value was -29.93 % change on previous year in 1973.
- How does Papua New Guinea rank for gross fixed capital formation, private sector, current prices?
- Papua New Guinea ranks 138th out of 174 countries with data for 1993.
- Is gross fixed capital formation, private sector, current prices rising or falling in Papua New Guinea?
- Over the last ten years it is down 108.2%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.