Gross Fixed Capital Formation — Value US$, per square kilometre in Papua New Guinea
Papua New Guinea: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.0052 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0052 million USD per square kilometre
Change on year
down 1.9%
World rank
178th
of 194 countries
All-time high
0.0119 million USD per square kilometre
in 2012
All-time low
0.0006 million USD per square kilometre
in 1973
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Papua New Guinea, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, per square kilometre in Papua New Guinea stood at 0.0052 million USD per square kilometre.
That represents a change of down 1.9% on the previous year and down 53.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Papua New Guinea peaked at 0.0119 million USD per square kilometre in 2012 and was at its lowest, 0.0006 million USD per square kilometre, in 1973.
Papua New Guinea ranks 178th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Papua New Guinea, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0012 million USD per square kilometre | — |
| 1971 | 0.0009 million USD per square kilometre | -18.7% |
| 1972 | 0.0007 million USD per square kilometre | -24.2% |
| 1973 | 0.0006 million USD per square kilometre | -16.9% |
| 1974 | 0.0007 million USD per square kilometre | +23.1% |
| 1975 | 0.0007 million USD per square kilometre | +0.7% |
| 1976 | 0.0008 million USD per square kilometre | +7.6% |
| 1977 | 0.0009 million USD per square kilometre | +19.6% |
| 1978 | 0.0012 million USD per square kilometre | +25.3% |
| 1979 | 0.0014 million USD per square kilometre | +21.0% |
| 1980 | 0.0018 million USD per square kilometre | +28.2% |
| 1981 | 0.0021 million USD per square kilometre | +14.0% |
| 1982 | 0.0024 million USD per square kilometre | +16.6% |
| 1983 | 0.0024 million USD per square kilometre | -3.2% |
| 1984 | 0.0019 million USD per square kilometre | -20.0% |
| 1985 | 0.0014 million USD per square kilometre | -26.7% |
| 1986 | 0.0017 million USD per square kilometre | +24.3% |
| 1987 | 0.0019 million USD per square kilometre | +9.4% |
| 1988 | 0.0026 million USD per square kilometre | +40.0% |
| 1989 | 0.0029 million USD per square kilometre | +8.3% |
| 1990 | 0.0025 million USD per square kilometre | -12.1% |
| 1991 | 0.0033 million USD per square kilometre | +31.1% |
| 1992 | 0.0032 million USD per square kilometre | -3.9% |
| 1993 | 0.0031 million USD per square kilometre | -1.9% |
| 1994 | 0.0033 million USD per square kilometre | +7.7% |
| 1995 | 0.0032 million USD per square kilometre | -5.5% |
| 1996 | 0.003 million USD per square kilometre | -6.1% |
| 1997 | 0.0025 million USD per square kilometre | -15.2% |
| 1998 | 0.0018 million USD per square kilometre | -30.1% |
| 1999 | 0.0014 million USD per square kilometre | -21.0% |
| 2000 | 0.0024 million USD per square kilometre | +71.9% |
| 2001 | 0.0022 million USD per square kilometre | -9.1% |
| 2002 | 0.0021 million USD per square kilometre | -2.6% |
| 2003 | 0.0021 million USD per square kilometre | +1.2% |
| 2004 | 0.0024 million USD per square kilometre | +11.2% |
| 2005 | 0.0027 million USD per square kilometre | +12.7% |
| 2006 | 0.0025 million USD per square kilometre | -6.1% |
| 2007 | 0.0029 million USD per square kilometre | +14.2% |
| 2008 | 0.0035 million USD per square kilometre | +22.2% |
| 2009 | 0.0052 million USD per square kilometre | +47.7% |
| 2010 | 0.0072 million USD per square kilometre | +39.7% |
| 2011 | 0.0099 million USD per square kilometre | +37.5% |
| 2012 | 0.0119 million USD per square kilometre | +20.1% |
| 2013 | 0.0111 million USD per square kilometre | -7.4% |
| 2014 | 0.01 million USD per square kilometre | -9.4% |
| 2015 | 0.0036 million USD per square kilometre | -63.9% |
| 2016 | 0.0035 million USD per square kilometre | -4.4% |
| 2017 | 0.0038 million USD per square kilometre | +9.5% |
| 2018 | 0.004 million USD per square kilometre | +6.0% |
| 2019 | 0.0041 million USD per square kilometre | +2.7% |
| 2020 | 0.004 million USD per square kilometre | -3.6% |
| 2021 | 0.0043 million USD per square kilometre | +9.5% |
| 2022 | 0.0053 million USD per square kilometre | +21.0% |
| 2023 | 0.0052 million USD per square kilometre | -1.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.0052 million USD per square kilometre is below the median for lower middle income countries, which is 0.0393 million USD per square kilometre, 13% of the median. (44 countries reporting)
- Papua New Guinea's 0.0052 million USD per square kilometre is below the median for East Asia & Pacific, which is 0.2024 million USD per square kilometre, 3% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0009 million USD per square kilometre | 0.0006 million USD per square kilometre | 0.0014 million USD per square kilometre | 10 |
| 1980s | 0.0021 million USD per square kilometre | 0.0014 million USD per square kilometre | 0.0029 million USD per square kilometre | 10 |
| 1990s | 0.0027 million USD per square kilometre | 0.0014 million USD per square kilometre | 0.0033 million USD per square kilometre | 10 |
| 2000s | 0.0028 million USD per square kilometre | 0.0021 million USD per square kilometre | 0.0052 million USD per square kilometre | 10 |
| 2010s | 0.0069 million USD per square kilometre | 0.0035 million USD per square kilometre | 0.0119 million USD per square kilometre | 10 |
| 2020s | 0.0047 million USD per square kilometre | 0.004 million USD per square kilometre | 0.0053 million USD per square kilometre | 4 |
Countries ranked near Papua New Guinea
- 175 Mozambique 0.0081 million USD per square kilometre compare
- 176 Angola 0.0067 million USD per square kilometre compare
- 177 Madagascar 0.0054 million USD per square kilometre compare
- 179 Libya 0.004 million USD per square kilometre compare
- 180 Namibia 0.0039 million USD per square kilometre compare
- 181 Somalia 0.0039 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Papua New Guinea?
- Gross fixed capital formation — value us$, per square kilometre in Papua New Guinea was 0.0052 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Papua New Guinea?
- The highest recorded value was 0.0119 million USD per square kilometre in 2012.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Papua New Guinea?
- The lowest recorded value was 0.0006 million USD per square kilometre in 1973.
- How does Papua New Guinea rank for gross fixed capital formation — value us$, per square kilometre?
- Papua New Guinea ranks 178th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Papua New Guinea?
- Over the last ten years it is down 53.3%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.