Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Papua New Guinea
Papua New Guinea: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0047 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Papua New Guinea, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Papua New Guinea recorded 0.0047 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square 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 us$, 2015 prices, per square in Papua New Guinea peaked at 0.0112 million USD per square kilometre in 2013 and was at its lowest, 0.0011 million USD per square kilometre, in 1976.
Papua New Guinea ranks 180th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Papua New Guinea, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0031 million USD per square kilometre | — |
| 1971 | 0.0021 million USD per square kilometre | -30.5% |
| 1972 | 0.0014 million USD per square kilometre | -32.6% |
| 1973 | 0.0013 million USD per square kilometre | -8.4% |
| 1974 | 0.0014 million USD per square kilometre | +3.2% |
| 1975 | 0.0013 million USD per square kilometre | -6.9% |
| 1976 | 0.0011 million USD per square kilometre | -9.4% |
| 1977 | 0.0012 million USD per square kilometre | +1.8% |
| 1978 | 0.0013 million USD per square kilometre | +8.8% |
| 1979 | 0.0015 million USD per square kilometre | +15.6% |
| 1980 | 0.0016 million USD per square kilometre | +12.8% |
| 1981 | 0.0017 million USD per square kilometre | +2.5% |
| 1982 | 0.002 million USD per square kilometre | +17.9% |
| 1983 | 0.0021 million USD per square kilometre | +2.9% |
| 1984 | 0.0017 million USD per square kilometre | -19.4% |
| 1985 | 0.0013 million USD per square kilometre | -23.9% |
| 1986 | 0.0015 million USD per square kilometre | +17.4% |
| 1987 | 0.0015 million USD per square kilometre | -1.3% |
| 1988 | 0.0018 million USD per square kilometre | +26.3% |
| 1989 | 0.0019 million USD per square kilometre | +2.5% |
| 1990 | 0.0017 million USD per square kilometre | -9.1% |
| 1991 | 0.0021 million USD per square kilometre | +22.5% |
| 1992 | 0.0019 million USD per square kilometre | -7.8% |
| 1993 | 0.0018 million USD per square kilometre | -8.7% |
| 1994 | 0.0019 million USD per square kilometre | +6.2% |
| 1995 | 0.0019 million USD per square kilometre | +0.4% |
| 1996 | 0.0027 million USD per square kilometre | +41.6% |
| 1997 | 0.0021 million USD per square kilometre | -22.1% |
| 1998 | 0.0021 million USD per square kilometre | -1.4% |
| 1999 | 0.0019 million USD per square kilometre | -5.2% |
| 2000 | 0.0034 million USD per square kilometre | +72.6% |
| 2001 | 0.0036 million USD per square kilometre | +5.8% |
| 2002 | 0.0038 million USD per square kilometre | +5.8% |
| 2003 | 0.0032 million USD per square kilometre | -13.8% |
| 2004 | 0.0032 million USD per square kilometre | -0.5% |
| 2005 | 0.0034 million USD per square kilometre | +6.5% |
| 2006 | 0.0031 million USD per square kilometre | -9.7% |
| 2007 | 0.0034 million USD per square kilometre | +8.2% |
| 2008 | 0.0036 million USD per square kilometre | +7.5% |
| 2009 | 0.0058 million USD per square kilometre | +61.3% |
| 2010 | 0.008 million USD per square kilometre | +38.0% |
| 2011 | 0.0103 million USD per square kilometre | +27.5% |
| 2012 | 0.0112 million USD per square kilometre | +9.2% |
| 2013 | 0.0112 million USD per square kilometre | +0.0% |
| 2014 | 0.0112 million USD per square kilometre | +0.0% |
| 2015 | 0.0036 million USD per square kilometre | -67.7% |
| 2016 | 0.0037 million USD per square kilometre | +3.5% |
| 2017 | 0.0039 million USD per square kilometre | +5.0% |
| 2018 | 0.004 million USD per square kilometre | +1.6% |
| 2019 | 0.0041 million USD per square kilometre | +3.6% |
| 2020 | 0.0043 million USD per square kilometre | +3.6% |
| 2021 | 0.0044 million USD per square kilometre | +3.6% |
| 2022 | 0.0046 million USD per square kilometre | +3.5% |
| 2023 | 0.0047 million USD per square kilometre | +3.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0047 million USD per square kilometre is below the median for lower middle income countries, which is 0.0398 million USD per square kilometre, 12% of the median. (44 countries reporting)
- Papua New Guinea's 0.0047 million USD per square kilometre is below the median for East Asia & Pacific, which is 0.1742 million USD per square kilometre, 3% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square 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% | 0.0112 million USD per square kilometre | 0.0036 million USD per square kilometre |
| 2000 | +72.6% | 0.0019 million USD per square kilometre | 0.0034 million USD per square kilometre |
| 2009 | +61.3% | 0.0036 million USD per square kilometre | 0.0058 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0016 million USD per square kilometre | 0.0011 million USD per square kilometre | 0.0031 million USD per square kilometre | 10 |
| 1980s | 0.0017 million USD per square kilometre | 0.0013 million USD per square kilometre | 0.0021 million USD per square kilometre | 10 |
| 1990s | 0.002 million USD per square kilometre | 0.0017 million USD per square kilometre | 0.0027 million USD per square kilometre | 10 |
| 2000s | 0.0036 million USD per square kilometre | 0.0031 million USD per square kilometre | 0.0058 million USD per square kilometre | 10 |
| 2010s | 0.0071 million USD per square kilometre | 0.0036 million USD per square kilometre | 0.0112 million USD per square kilometre | 10 |
| 2020s | 0.0045 million USD per square kilometre | 0.0043 million USD per square kilometre | 0.0047 million USD per square kilometre | 4 |
Countries ranked near Papua New Guinea
- 177 Zimbabwe 0.007 million USD per square kilometre compare
- 178 Madagascar 0.0053 million USD per square kilometre compare
- 179 Afghanistan 0.0048 million USD per square kilometre compare
- 181 Namibia 0.0041 million USD per square kilometre compare
- 182 South Sudan 0.0035 million USD per square kilometre compare
- 183 Sudan 0.0034 million USD 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Papua New Guinea?
- Gross fixed capital formation — value us$, 2015 prices, per square in Papua New Guinea was 0.0047 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Papua New Guinea?
- The highest recorded value was 0.0112 million USD per square kilometre in 2013.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Papua New Guinea?
- The lowest recorded value was 0.0011 million USD per square kilometre in 1976.
- How does Papua New Guinea rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Papua New Guinea ranks 180th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Papua New Guinea?
- Over the last ten years it is down 57.7%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.