Gross fixed capital formation, private sector in Papua New Guinea
Papua New Guinea: Gross fixed capital formation, private sector was 14.1% in 1993. ▬ Flat
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 % of GDP.
Analysis
Papua New Guinea recorded 14.1% for gross fixed capital formation, private sector in 1993.
Compared with earlier readings it is down 14.7% on the previous year and down 40.1% over ten years.
Over the whole period, gross fixed capital formation, private sector in Papua New Guinea peaked at 26.1% in 1982 and was at its lowest, 12.1%, in 1985.
That places Papua New Guinea 68th out of 106 countries with data for 1993, putting it in the middle of the range.
Gross fixed capital formation, private sector in Papua New Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 13.5% | — |
| 1981 | 18.1% | +34.1% |
| 1982 | 26.1% | +43.8% |
| 1983 | 23.6% | -9.6% |
| 1984 | 17.6% | -25.3% |
| 1985 | 12.1% | -31.2% |
| 1986 | 14.5% | +19.6% |
| 1987 | 14.0% | -3.4% |
| 1988 | 18.3% | +30.3% |
| 1989 | 21.2% | +16.1% |
| 1990 | 20.0% | -5.7% |
| 1991 | 23.3% | +16.5% |
| 1992 | 16.6% | -28.9% |
| 1993 | 14.1% | -14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.9% | 12.1% | 26.1% | 10 |
| 1990s | 18.5% | 14.1% | 23.3% | 4 |
Countries ranked near Papua New Guinea
- 65 Türkiye 14.9% compare
- 66 Madagascar 14.8% compare
- 67 Ethiopia 14.6%
- 69 Seychelles 14.0% compare
- 70 Costa Rica 13.9%
- 71 Uganda 13.4% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
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 14.1% 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 26.1% in 1982.
- What is the lowest gross fixed capital formation, private sector recorded in Papua New Guinea?
- The lowest recorded value was 12.1% in 1985.
- How does Papua New Guinea rank for gross fixed capital formation, private sector?
- Papua New Guinea ranks 68th out of 106 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 down 40.1%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.