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 0.0131 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Papua New Guinea, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Papua New Guinea recorded 0.0131 million SLC per square kilometre for gross fixed capital formation — value standard local currency, 2015 in 2023.
Compared with earlier readings it is up 3.2% on the previous year and down 57.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Papua New Guinea peaked at 0.031 million SLC per square kilometre in 2012 and was at its lowest, 0.0032 million SLC per square kilometre, in 1976.
That places Papua New Guinea 190th out of 194 countries with data for 2023, 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 — Value Standard Local Currency, 2015 in Papua New Guinea, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0085 million SLC per square kilometre | — |
| 1971 | 0.0059 million SLC per square kilometre | -30.5% |
| 1972 | 0.004 million SLC per square kilometre | -32.6% |
| 1973 | 0.0036 million SLC per square kilometre | -8.4% |
| 1974 | 0.0037 million SLC per square kilometre | +3.2% |
| 1975 | 0.0035 million SLC per square kilometre | -6.9% |
| 1976 | 0.0032 million SLC per square kilometre | -9.4% |
| 1977 | 0.0032 million SLC per square kilometre | +1.8% |
| 1978 | 0.0035 million SLC per square kilometre | +8.8% |
| 1979 | 0.004 million SLC per square kilometre | +15.6% |
| 1980 | 0.0046 million SLC per square kilometre | +12.8% |
| 1981 | 0.0047 million SLC per square kilometre | +2.5% |
| 1982 | 0.0055 million SLC per square kilometre | +18.0% |
| 1983 | 0.0057 million SLC per square kilometre | +2.9% |
| 1984 | 0.0046 million SLC per square kilometre | -19.4% |
| 1985 | 0.0035 million SLC per square kilometre | -23.9% |
| 1986 | 0.0041 million SLC per square kilometre | +17.4% |
| 1987 | 0.004 million SLC per square kilometre | -1.3% |
| 1988 | 0.0051 million SLC per square kilometre | +26.3% |
| 1989 | 0.0052 million SLC per square kilometre | +2.5% |
| 1990 | 0.0048 million SLC per square kilometre | -9.1% |
| 1991 | 0.0058 million SLC per square kilometre | +22.5% |
| 1992 | 0.0054 million SLC per square kilometre | -7.8% |
| 1993 | 0.0049 million SLC per square kilometre | -8.7% |
| 1994 | 0.0052 million SLC per square kilometre | +6.2% |
| 1995 | 0.0052 million SLC per square kilometre | +0.4% |
| 1996 | 0.0074 million SLC per square kilometre | +41.6% |
| 1997 | 0.0058 million SLC per square kilometre | -22.1% |
| 1998 | 0.0057 million SLC per square kilometre | -1.4% |
| 1999 | 0.0054 million SLC per square kilometre | -5.2% |
| 2000 | 0.0093 million SLC per square kilometre | +72.6% |
| 2001 | 0.0098 million SLC per square kilometre | +5.8% |
| 2002 | 0.0104 million SLC per square kilometre | +5.8% |
| 2003 | 0.009 million SLC per square kilometre | -13.8% |
| 2004 | 0.0089 million SLC per square kilometre | -0.5% |
| 2005 | 0.0095 million SLC per square kilometre | +6.5% |
| 2006 | 0.0086 million SLC per square kilometre | -9.7% |
| 2007 | 0.0093 million SLC per square kilometre | +8.2% |
| 2008 | 0.01 million SLC per square kilometre | +7.5% |
| 2009 | 0.0161 million SLC per square kilometre | +61.3% |
| 2010 | 0.0223 million SLC per square kilometre | +38.0% |
| 2011 | 0.0284 million SLC per square kilometre | +27.5% |
| 2012 | 0.031 million SLC per square kilometre | +9.2% |
| 2013 | 0.031 million SLC per square kilometre | +0.0% |
| 2014 | 0.031 million SLC per square kilometre | +0.0% |
| 2015 | 0.01 million SLC per square kilometre | -67.7% |
| 2016 | 0.0104 million SLC per square kilometre | +3.5% |
| 2017 | 0.0109 million SLC per square kilometre | +5.0% |
| 2018 | 0.011 million SLC per square kilometre | +1.6% |
| 2019 | 0.0114 million SLC per square kilometre | +3.6% |
| 2020 | 0.0118 million SLC per square kilometre | +3.6% |
| 2021 | 0.0123 million SLC per square kilometre | +3.6% |
| 2022 | 0.0127 million SLC per square kilometre | +3.5% |
| 2023 | 0.0131 million SLC per square kilometre | +3.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0131 million SLC per square kilometre is below the median for lower middle income countries, which is 2.34 million SLC per square kilometre, 1% of the median. (44 countries reporting)
- Papua New Guinea's 0.0131 million SLC per square kilometre is below the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 1% 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 | -67.7% | 0.031 million SLC per square kilometre | 0.01 million SLC per square kilometre |
| 2000 | +72.6% | 0.0054 million SLC per square kilometre | 0.0093 million SLC per square kilometre |
| 2009 | +61.3% | 0.01 million SLC per square kilometre | 0.0161 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0043 million SLC per square kilometre | 0.0032 million SLC per square kilometre | 0.0085 million SLC per square kilometre | 10 |
| 1980s | 0.0047 million SLC per square kilometre | 0.0035 million SLC per square kilometre | 0.0057 million SLC per square kilometre | 10 |
| 1990s | 0.0056 million SLC per square kilometre | 0.0048 million SLC per square kilometre | 0.0074 million SLC per square kilometre | 10 |
| 2000s | 0.0101 million SLC per square kilometre | 0.0086 million SLC per square kilometre | 0.0161 million SLC per square kilometre | 10 |
| 2010s | 0.0197 million SLC per square kilometre | 0.01 million SLC per square kilometre | 0.031 million SLC per square kilometre | 10 |
| 2020s | 0.0125 million SLC per square kilometre | 0.0118 million SLC per square kilometre | 0.0131 million SLC per square kilometre | 4 |
Countries ranked near Papua New Guinea
- 187 Sudan 0.0207 million SLC per square kilometre compare
- 188 Greenland 0.0196 million SLC per square kilometre compare
- 189 Eritrea 0.0164 million SLC per square kilometre compare
- 191 South Sudan 0.0125 million SLC per square kilometre compare
- 192 Liberia 0.0077 million SLC per square kilometre compare
- 193 Zimbabwe 0.007 million SLC per square kilometre 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 0.0131 million SLC per square kilometre in 2023, 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 0.031 million SLC per square kilometre 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 0.0032 million SLC per square kilometre in 1976.
- How does Papua New Guinea rank for gross fixed capital formation — value standard local currency, 2015?
- Papua New Guinea ranks 190th out of 194 countries with data for 2023.
- 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 57.7%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.