Gross Fixed Capital Formation — Value Standard Local Currency, per in Papua New Guinea
Papua New Guinea: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0008 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Papua New Guinea is 0.0008 million SLC per person, measured in 2024.
The figure is up 2.9% on the previous year and down 36.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Papua New Guinea peaked at 0.0014 million SLC per person in 2012 and was at its lowest, 0.0001 million SLC per person, in 1973.
That places Papua New Guinea 188th out of 194 countries with data for 2024, 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, per in Papua New Guinea, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0002 million SLC per person | — |
| 1971 | 0.0001 million SLC per person | -21.5% |
| 1972 | 0.0001 million SLC per person | -29.9% |
| 1973 | 0.0001 million SLC per person | -31.6% |
| 1974 | 0.0001 million SLC per person | +19.0% |
| 1975 | 0.0001 million SLC per person | +8.0% |
| 1976 | 0.0001 million SLC per person | +9.2% |
| 1977 | 0.0001 million SLC per person | +16.8% |
| 1978 | 0.0001 million SLC per person | +9.8% |
| 1979 | 0.0002 million SLC per person | +19.0% |
| 1980 | 0.0002 million SLC per person | +18.4% |
| 1981 | 0.0002 million SLC per person | +12.0% |
| 1982 | 0.0002 million SLC per person | +25.3% |
| 1983 | 0.0003 million SLC per person | +7.4% |
| 1984 | 0.0002 million SLC per person | -15.8% |
| 1985 | 0.0002 million SLC per person | -20.1% |
| 1986 | 0.0002 million SLC per person | +18.1% |
| 1987 | 0.0002 million SLC per person | +0.0% |
| 1988 | 0.0003 million SLC per person | +30.9% |
| 1989 | 0.0003 million SLC per person | +4.9% |
| 1990 | 0.0003 million SLC per person | -4.8% |
| 1991 | 0.0004 million SLC per person | +26.6% |
| 1992 | 0.0003 million SLC per person | -6.0% |
| 1993 | 0.0003 million SLC per person | -4.1% |
| 1994 | 0.0003 million SLC per person | +7.4% |
| 1995 | 0.0004 million SLC per person | +15.3% |
| 1996 | 0.0004 million SLC per person | -6.6% |
| 1997 | 0.0003 million SLC per person | -10.8% |
| 1998 | 0.0003 million SLC per person | -2.7% |
| 1999 | 0.0003 million SLC per person | -5.4% |
| 2000 | 0.0005 million SLC per person | +79.7% |
| 2001 | 0.0006 million SLC per person | +7.0% |
| 2002 | 0.0006 million SLC per person | +8.3% |
| 2003 | 0.0006 million SLC per person | -10.4% |
| 2004 | 0.0005 million SLC per person | -2.7% |
| 2005 | 0.0006 million SLC per person | +5.0% |
| 2006 | 0.0005 million SLC per person | -10.4% |
| 2007 | 0.0006 million SLC per person | +7.3% |
| 2008 | 0.0006 million SLC per person | +7.8% |
| 2009 | 0.0009 million SLC per person | +46.2% |
| 2010 | 0.0012 million SLC per person | +33.8% |
| 2011 | 0.0014 million SLC per person | +16.4% |
| 2012 | 0.0014 million SLC per person | +2.6% |
| 2013 | 0.0014 million SLC per person | -3.0% |
| 2014 | 0.0013 million SLC per person | -3.3% |
| 2015 | 0.0005 million SLC per person | -60.4% |
| 2016 | 0.0005 million SLC per person | +5.5% |
| 2017 | 0.0006 million SLC per person | +8.8% |
| 2018 | 0.0006 million SLC per person | +7.0% |
| 2019 | 0.0007 million SLC per person | +3.2% |
| 2020 | 0.0006 million SLC per person | -3.6% |
| 2021 | 0.0007 million SLC per person | +8.9% |
| 2022 | 0.0008 million SLC per person | +19.1% |
| 2023 | 0.0008 million SLC per person | -1.7% |
| 2024 | 0.0008 million SLC per person | +2.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0008 million SLC per person is below the median for lower middle income countries, which is 0.0501 million SLC per person, 2% of the median. (44 countries reporting)
- Papua New Guinea's 0.0008 million SLC per person is below the median for East Asia & Pacific, which is 0.0231 million SLC per person, 4% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0001 million SLC per person | 0.0001 million SLC per person | 0.0002 million SLC per person | 10 |
| 1980s | 0.0002 million SLC per person | 0.0002 million SLC per person | 0.0003 million SLC per person | 10 |
| 1990s | 0.0003 million SLC per person | 0.0003 million SLC per person | 0.0004 million SLC per person | 10 |
| 2000s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0009 million SLC per person | 10 |
| 2010s | 0.001 million SLC per person | 0.0005 million SLC per person | 0.0014 million SLC per person | 10 |
| 2020s | 0.0008 million SLC per person | 0.0006 million SLC per person | 0.0008 million SLC per person | 5 |
Countries ranked near Papua New Guinea
- 185 El Salvador 0.0012 million SLC per person compare
- 186 Ecuador 0.0012 million SLC per person compare
- 187 Kiribati 0.0009 million SLC per person compare
- 189 Zimbabwe 0.0008 million SLC per person compare
- 190 Eritrea 0.0007 million SLC per person compare
- 191 Palestine 0.0006 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, per in Papua New Guinea?
- Gross fixed capital formation — value standard local currency, per in Papua New Guinea was 0.0008 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Papua New Guinea?
- The highest recorded value was 0.0014 million SLC per person in 2012.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Papua New Guinea?
- The lowest recorded value was 0.0001 million SLC per person in 1973.
- How does Papua New Guinea rank for gross fixed capital formation — value standard local currency, per?
- Papua New Guinea ranks 188th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Papua New Guinea?
- Over the last ten years it is down 36.5%. 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.