Gross fixed capital formation, Private sector, Current … Domestic in Papua New Guinea
Papua New Guinea: Gross fixed capital formation, Private sector, Current … Domestic was 1.05 in 1993. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Papua New Guinea, 1970–1993
Source: International Monetary Fund.
Analysis
In 1993, gross fixed capital formation, private sector, current prices in Papua New Guinea stood at 1.05.
The figure is down 0.8% on the previous year and up 47.7% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Papua New Guinea peaked at 1.18 in 1991 and was at its lowest, 0.1354, in 1973.
Papua New Guinea ranks 165th of 174 countries on this measure, 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 … Domestic in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.3351 | — |
| 1971 | 0.2693 | -19.6% |
| 1972 | 0.1932 | -28.3% |
| 1973 | 0.1354 | -29.9% |
| 1974 | 0.1649 | +21.8% |
| 1975 | 0.1821 | +10.4% |
| 1976 | 0.2033 | +11.7% |
| 1977 | 0.2427 | +19.4% |
| 1978 | 0.2723 | +12.2% |
| 1979 | 0.3308 | +21.5% |
| 1980 | 0.3267 | -1.3% |
| 1981 | 0.4313 | +32.0% |
| 1982 | 0.6455 | +49.7% |
| 1983 | 0.7096 | +9.9% |
| 1984 | 0.5676 | -20.0% |
| 1985 | 0.4129 | -27.3% |
| 1986 | 0.524 | +26.9% |
| 1987 | 0.5619 | +7.2% |
| 1988 | 0.8135 | +44.8% |
| 1989 | 0.9071 | +11.5% |
| 1990 | 0.8637 | -4.8% |
| 1991 | 1.18 | +36.5% |
| 1992 | 1.06 | -10.4% |
| 1993 | 1.05 | -0.8% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 1.05 is below the median for lower middle income countries, which is 506.27, 0% of the median. (41 countries reporting)
- Papua New Guinea's 1.05 is below the median for East Asia & Pacific, which is 3,401, 0% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2329 | 0.1354 | 0.3351 | 10 |
| 1980s | 0.59 | 0.3267 | 0.9071 | 10 |
| 1990s | 1.04 | 0.8637 | 1.18 | 4 |
Countries ranked near Papua New Guinea
- 162 Barbados 1.39 compare
- 163 Sao Tome and Principe 1.23 compare
- 164 Saint Lucia 1.07 compare
- 166 Montenegro 0.9313
- 167 Liberia 0.6398 compare
- 168 Grenada 0.6303 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0269 units per US$ of GDP (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 1.05 in 1993, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Papua New Guinea?
- The highest recorded value was 1.18 in 1991.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Papua New Guinea?
- The lowest recorded value was 0.1354 in 1973.
- How does Papua New Guinea rank for gross fixed capital formation, private sector, current prices?
- Papua New Guinea ranks 165th 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 up 47.7%. The long-run trend across the full record is volatile.
- 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, Current prices, Domestic currency. 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.