Gross Fixed Capital Formation — Value US$, per capita in Papua New Guinea
Papua New Guinea: Gross Fixed Capital Formation — Value US$, per capita was 0.0002 million USD per person in 2024. ▲ Rising
Latest (2024)
0.0002 million USD per person
Change on year
down 3.9%
World rank
174th
of 194 countries
All-time high
0.0007 million USD per person
in 2012
All-time low
0.0001 million USD per person
in 1973
Years of data
55
1970–2024
Gross Fixed Capital Formation — Value US$, per capita in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
The most recent figure for gross fixed capital formation — value us$, per capita in Papua New Guinea is 0.0002 million USD per person, measured in 2024.
The figure is down 3.9% on the previous year and down 59.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, per capita in Papua New Guinea peaked at 0.0007 million USD per person in 2012 and was at its lowest, 0.0001 million USD per person, in 1973.
That places Papua New Guinea 174th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, per capita in Papua New Guinea, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0002 million USD per person | — |
| 1971 | 0.0002 million USD per person | -20.6% |
| 1972 | 0.0001 million USD per person | -25.9% |
| 1973 | 0.0001 million USD per person | -18.8% |
| 1974 | 0.0001 million USD per person | +20.3% |
| 1975 | 0.0001 million USD per person | -1.5% |
| 1976 | 0.0001 million USD per person | +5.2% |
| 1977 | 0.0001 million USD per person | +17.0% |
| 1978 | 0.0002 million USD per person | +22.6% |
| 1979 | 0.0002 million USD per person | +18.5% |
| 1980 | 0.0003 million USD per person | +25.6% |
| 1981 | 0.0003 million USD per person | +11.7% |
| 1982 | 0.0003 million USD per person | +14.2% |
| 1983 | 0.0003 million USD per person | -5.2% |
| 1984 | 0.0003 million USD per person | -21.7% |
| 1985 | 0.0002 million USD per person | -28.2% |
| 1986 | 0.0002 million USD per person | +21.6% |
| 1987 | 0.0002 million USD per person | +7.0% |
| 1988 | 0.0003 million USD per person | +37.0% |
| 1989 | 0.0003 million USD per person | +5.9% |
| 1990 | 0.0003 million USD per person | -14.4% |
| 1991 | 0.0004 million USD per person | +27.1% |
| 1992 | 0.0003 million USD per person | -7.2% |
| 1993 | 0.0003 million USD per person | -5.4% |
| 1994 | 0.0003 million USD per person | +3.9% |
| 1995 | 0.0003 million USD per person | -8.9% |
| 1996 | 0.0003 million USD per person | -9.4% |
| 1997 | 0.0002 million USD per person | -18.2% |
| 1998 | 0.0002 million USD per person | -32.5% |
| 1999 | 0.0001 million USD per person | -23.7% |
| 2000 | 0.0002 million USD per person | +66.1% |
| 2001 | 0.0002 million USD per person | -12.2% |
| 2002 | 0.0002 million USD per person | -5.8% |
| 2003 | 0.0002 million USD per person | -2.1% |
| 2004 | 0.0002 million USD per person | +7.6% |
| 2005 | 0.0002 million USD per person | +9.1% |
| 2006 | 0.0002 million USD per person | -9.1% |
| 2007 | 0.0002 million USD per person | +10.6% |
| 2008 | 0.0002 million USD per person | +18.4% |
| 2009 | 0.0003 million USD per person | +43.3% |
| 2010 | 0.0004 million USD per person | +35.6% |
| 2011 | 0.0006 million USD per person | +33.5% |
| 2012 | 0.0007 million USD per person | +16.8% |
| 2013 | 0.0006 million USD per person | -9.9% |
| 2014 | 0.0005 million USD per person | -11.8% |
| 2015 | 0.0002 million USD per person | -64.8% |
| 2016 | 0.0002 million USD per person | -6.8% |
| 2017 | 0.0002 million USD per person | +6.9% |
| 2018 | 0.0002 million USD per person | +3.6% |
| 2019 | 0.0002 million USD per person | +0.4% |
| 2020 | 0.0002 million USD per person | -5.7% |
| 2021 | 0.0002 million USD per person | +7.4% |
| 2022 | 0.0002 million USD per person | +18.8% |
| 2023 | 0.0002 million USD per person | -3.6% |
| 2024 | 0.0002 million USD per person | -3.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0002 million USD per person is below the median for lower middle income countries, which is 0.0006 million USD per person, 39% of the median. (44 countries reporting)
- Papua New Guinea's 0.0002 million USD per person is below the median for East Asia & Pacific, which is 0.0015 million USD per person, 14% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0001 million USD per person | 0.0001 million USD per person | 0.0002 million USD per person | 10 |
| 1980s | 0.0003 million USD per person | 0.0002 million USD per person | 0.0003 million USD per person | 10 |
| 1990s | 0.0003 million USD per person | 0.0001 million USD per person | 0.0004 million USD per person | 10 |
| 2000s | 0.0002 million USD per person | 0.0002 million USD per person | 0.0003 million USD per person | 10 |
| 2010s | 0.0004 million USD per person | 0.0002 million USD per person | 0.0007 million USD per person | 10 |
| 2020s | 0.0002 million USD per person | 0.0002 million USD per person | 0.0002 million USD per person | 5 |
Countries ranked near Papua New Guinea
- 171 Angola 0.0002 million USD per person compare
- 172 Myanmar 0.0002 million USD per person compare
- 173 Comoros 0.0002 million USD per person compare
- 175 Haiti 0.0002 million USD per person compare
- 176 Mozambique 0.0002 million USD per person compare
- 177 Ethiopia 0.0002 million USD 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, per capita in Papua New Guinea?
- Gross fixed capital formation — value us$, per capita in Papua New Guinea was 0.0002 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per capita recorded in Papua New Guinea?
- The highest recorded value was 0.0007 million USD per person in 2012.
- What is the lowest gross fixed capital formation — value us$, per capita recorded in Papua New Guinea?
- The lowest recorded value was 0.0001 million USD per person in 1973.
- How does Papua New Guinea rank for gross fixed capital formation — value us$, per capita?
- Papua New Guinea ranks 174th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value us$, per capita rising or falling in Papua New Guinea?
- Over the last ten years it is down 59.4%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$ 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 US$ ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value US$ 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 US$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.