Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Papua New Guinea
Papua New Guinea: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0006 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Papua New Guinea recorded 0.0006 million SLC per person for gross fixed capital formation — value standard local currency, 2015 in 2024.
Compared with earlier readings it is down 1.3% on the previous year and down 65.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Papua New Guinea peaked at 0.0017 million SLC per person in 2012 and was at its lowest, 0.0005 million SLC per person, in 1985.
Papua New Guinea ranks 187th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Papua New Guinea, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0015 million SLC per person | — |
| 1971 | 0.001 million SLC per person | -32.2% |
| 1972 | 0.0007 million SLC per person | -34.2% |
| 1973 | 0.0006 million SLC per person | -10.5% |
| 1974 | 0.0006 million SLC per person | +0.9% |
| 1975 | 0.0006 million SLC per person | -9.0% |
| 1976 | 0.0005 million SLC per person | -11.3% |
| 1977 | 0.0005 million SLC per person | -0.4% |
| 1978 | 0.0005 million SLC per person | +6.5% |
| 1979 | 0.0006 million SLC per person | +13.2% |
| 1980 | 0.0007 million SLC per person | +10.5% |
| 1981 | 0.0007 million SLC per person | +0.4% |
| 1982 | 0.0008 million SLC per person | +15.5% |
| 1983 | 0.0008 million SLC per person | +0.8% |
| 1984 | 0.0006 million SLC per person | -21.1% |
| 1985 | 0.0005 million SLC per person | -25.5% |
| 1986 | 0.0005 million SLC per person | +14.9% |
| 1987 | 0.0005 million SLC per person | -3.4% |
| 1988 | 0.0006 million SLC per person | +23.6% |
| 1989 | 0.0006 million SLC per person | +0.3% |
| 1990 | 0.0006 million SLC per person | -11.5% |
| 1991 | 0.0007 million SLC per person | +18.6% |
| 1992 | 0.0006 million SLC per person | -11.0% |
| 1993 | 0.0005 million SLC per person | -12.0% |
| 1994 | 0.0005 million SLC per person | +2.4% |
| 1995 | 0.0005 million SLC per person | -3.1% |
| 1996 | 0.0007 million SLC per person | +36.6% |
| 1997 | 0.0005 million SLC per person | -24.8% |
| 1998 | 0.0005 million SLC per person | -4.8% |
| 1999 | 0.0005 million SLC per person | -8.5% |
| 2000 | 0.0008 million SLC per person | +66.8% |
| 2001 | 0.0008 million SLC per person | +2.2% |
| 2002 | 0.0008 million SLC per person | +2.3% |
| 2003 | 0.0007 million SLC per person | -16.6% |
| 2004 | 0.0006 million SLC per person | -3.7% |
| 2005 | 0.0007 million SLC per person | +3.2% |
| 2006 | 0.0006 million SLC per person | -12.5% |
| 2007 | 0.0006 million SLC per person | +4.9% |
| 2008 | 0.0006 million SLC per person | +4.3% |
| 2009 | 0.001 million SLC per person | +56.5% |
| 2010 | 0.0013 million SLC per person | +33.9% |
| 2011 | 0.0016 million SLC per person | +23.9% |
| 2012 | 0.0017 million SLC per person | +6.2% |
| 2013 | 0.0017 million SLC per person | -2.7% |
| 2014 | 0.0016 million SLC per person | -2.6% |
| 2015 | 0.0005 million SLC per person | -68.6% |
| 2016 | 0.0005 million SLC per person | +1.0% |
| 2017 | 0.0005 million SLC per person | +2.5% |
| 2018 | 0.0005 million SLC per person | -0.7% |
| 2019 | 0.0005 million SLC per person | +1.3% |
| 2020 | 0.0005 million SLC per person | +1.4% |
| 2021 | 0.0006 million SLC per person | +1.6% |
| 2022 | 0.0006 million SLC per person | +1.5% |
| 2023 | 0.0006 million SLC per person | +1.3% |
| 2024 | 0.0006 million SLC per person | -1.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0006 million SLC per person is below the median for lower middle income countries, which is 0.0322 million SLC per person, 2% of the median. (44 countries reporting)
- Papua New Guinea's 0.0006 million SLC per person is below the median for East Asia & Pacific, which is 0.0171 million SLC per person, 3% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 |
|---|---|---|---|
| 2015 | -68.6% | 0.0016 million SLC per person | 0.0005 million SLC per person |
| 2000 | +66.8% | 0.0005 million SLC per person | 0.0008 million SLC per person |
| 2009 | +56.5% | 0.0006 million SLC per person | 0.001 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0007 million SLC per person | 0.0005 million SLC per person | 0.0015 million SLC per person | 10 |
| 1980s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0008 million SLC per person | 10 |
| 1990s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0007 million SLC per person | 10 |
| 2000s | 0.0007 million SLC per person | 0.0006 million SLC per person | 0.001 million SLC per person | 10 |
| 2010s | 0.0011 million SLC per person | 0.0005 million SLC per person | 0.0017 million SLC per person | 10 |
| 2020s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0006 million SLC per person | 5 |
Countries ranked near Papua New Guinea
- 184 Cuba 0.0008 million SLC per person compare
- 185 Kiribati 0.0007 million SLC per person compare
- 186 Sudan 0.0007 million SLC per person compare
- 188 Eritrea 0.0006 million SLC per person compare
- 189 South Sudan 0.0005 million SLC per person compare
- 190 Palestine 0.0005 million SLC per person 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 — value standard local currency, 2015 in Papua New Guinea?
- Gross fixed capital formation — value standard local currency, 2015 in Papua New Guinea was 0.0006 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Papua New Guinea?
- The highest recorded value was 0.0017 million SLC per person in 2012.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Papua New Guinea?
- The lowest recorded value was 0.0005 million SLC per person in 1985.
- How does Papua New Guinea rank for gross fixed capital formation — value standard local currency, 2015?
- Papua New Guinea ranks 187th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Papua New Guinea?
- Over the last ten years it is down 65.8%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.