Gross Fixed Capital Formation — Value US$, per unit of GDP in Papua New Guinea
Papua New Guinea: Gross Fixed Capital Formation — Value US$, per unit of GDP was 0 million USD per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per unit of GDP in Papua New Guinea, 1970–2024
Source: Statizoid (derived). Measured in million USD per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation — value us$, per unit of gdp in Papua New Guinea is 0 million USD per US$ of GDP, measured in 2024. That is the lowest value across all 55 years on record.
The figure is down 2.2% on the previous year and down 62.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, per unit of gdp in Papua New Guinea peaked at 0 million USD per US$ of GDP in 1970 and was at its lowest, 0 million USD per US$ of GDP, in 2024.
That places Papua New Guinea 191st out of 193 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 US$, per unit of GDP in Papua New Guinea, year by year
| Year | million USD per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million USD per US$ of GDP | — |
| 1971 | 0 million USD per US$ of GDP | -26.9% |
| 1972 | 0 million USD per US$ of GDP | -36.6% |
| 1973 | 0 million USD per US$ of GDP | -45.1% |
| 1974 | 0 million USD per US$ of GDP | +9.0% |
| 1975 | 0 million USD per US$ of GDP | +8.9% |
| 1976 | 0 million USD per US$ of GDP | -3.5% |
| 1977 | 0 million USD per US$ of GDP | +10.2% |
| 1978 | 0 million USD per US$ of GDP | +5.5% |
| 1979 | 0 million USD per US$ of GDP | +2.8% |
| 1980 | 0 million USD per US$ of GDP | +15.5% |
| 1981 | 0 million USD per US$ of GDP | +16.2% |
| 1982 | 0 million USD per US$ of GDP | +23.0% |
| 1983 | 0 million USD per US$ of GDP | -10.5% |
| 1984 | 0 million USD per US$ of GDP | -19.7% |
| 1985 | 0 million USD per US$ of GDP | -22.8% |
| 1986 | 0 million USD per US$ of GDP | +13.7% |
| 1987 | 0 million USD per US$ of GDP | -7.9% |
| 1988 | 0 million USD per US$ of GDP | +20.4% |
| 1989 | 0 million USD per US$ of GDP | +11.7% |
| 1990 | 0 million USD per US$ of GDP | -3.2% |
| 1991 | 0 million USD per US$ of GDP | +11.5% |
| 1992 | 0 million USD per US$ of GDP | -16.9% |
| 1993 | 0 million USD per US$ of GDP | -13.7% |
| 1994 | 0 million USD per US$ of GDP | -2.6% |
| 1995 | 0 million USD per US$ of GDP | +12.1% |
| 1996 | 0 million USD per US$ of GDP | -15.6% |
| 1997 | 0 million USD per US$ of GDP | -11.5% |
| 1998 | 0 million USD per US$ of GDP | -8.9% |
| 1999 | 0 million USD per US$ of GDP | -13.9% |
| 2000 | 0 million USD per US$ of GDP | +69.7% |
| 2001 | 0 million USD per US$ of GDP | +3.8% |
| 2002 | 0 million USD per US$ of GDP | +0.1% |
| 2003 | 0 million USD per US$ of GDP | -14.2% |
| 2004 | 0 million USD per US$ of GDP | +0.1% |
| 2005 | 0 million USD per US$ of GDP | -9.0% |
| 2006 | 0 million USD per US$ of GDP | -45.3% |
| 2007 | 0 million USD per US$ of GDP | -0.1% |
| 2008 | 0 million USD per US$ of GDP | -0.1% |
| 2009 | 0 million USD per US$ of GDP | +48.4% |
| 2010 | 0 million USD per US$ of GDP | +13.9% |
| 2011 | 0 million USD per US$ of GDP | +8.9% |
| 2012 | 0 million USD per US$ of GDP | +1.4% |
| 2013 | 0 million USD per US$ of GDP | -7.3% |
| 2014 | 0 million USD per US$ of GDP | -17.0% |
| 2015 | 0 million USD per US$ of GDP | -61.4% |
| 2016 | 0 million USD per US$ of GDP | -0.0% |
| 2017 | 0 million USD per US$ of GDP | -0.0% |
| 2018 | 0 million USD per US$ of GDP | +0.0% |
| 2019 | 0 million USD per US$ of GDP | +0.0% |
| 2020 | 0 million USD per US$ of GDP | +0.0% |
| 2021 | 0 million USD per US$ of GDP | +0.0% |
| 2022 | 0 million USD per US$ of GDP | -0.1% |
| 2023 | 0 million USD per US$ of GDP | +0.8% |
| 2024 | 0 million USD per US$ of GDP | -2.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0 million USD per US$ of GDP is below the median for lower middle income countries, which is 0 million USD per US$ of GDP, 32% of the median. (44 countries reporting)
- Papua New Guinea's 0 million USD per US$ of GDP is below the median for East Asia & Pacific, which is 0 million USD per US$ of GDP, 30% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1980s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1990s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2000s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2010s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2020s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 5 |
Countries ranked near Papua New Guinea
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 unit of gdp in Papua New Guinea?
- Gross fixed capital formation — value us$, per unit of gdp in Papua New Guinea was 0 million USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per unit of gdp recorded in Papua New Guinea?
- The highest recorded value was 0 million USD per US$ of GDP in 1970.
- What is the lowest gross fixed capital formation — value us$, per unit of gdp recorded in Papua New Guinea?
- The lowest recorded value was 0 million USD per US$ of GDP in 2024.
- How does Papua New Guinea rank for gross fixed capital formation — value us$, per unit of gdp?
- Papua New Guinea ranks 191st out of 193 countries with data for 2024.
- Is gross fixed capital formation — value us$, per unit of gdp rising or falling in Papua New Guinea?
- Over the last ten years it is down 62.0%. 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$, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$ divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$ ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.