Luxembourg vs Papua New Guinea: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Luxembourg
- Papua New Guinea
How they compare
Luxembourg currently reports 2.50 billion current LCU against 2.40 billion current LCU in Papua New Guinea, a difference of 98.94 million current LCU.
The two have swapped places 4 times across 24 shared years of data; in 1990 it was Luxembourg ahead.
Luxembourg ranks 117th and Papua New Guinea ranks 120th of 156 countries.
Across the 4 decades both report, Luxembourg averaged higher in 2 and Papua New Guinea in 2.
Head to head by decade
| Decade | Luxembourg | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 371.20 million current LCU | 129.94 million current LCU | 241.26 million current LCU | Luxembourg |
| 2000s | 550.78 million current LCU | 182.03 million current LCU | 368.75 million current LCU | Luxembourg |
| 2010s | 1.42 billion current LCU | 1.90 billion current LCU | 484.53 million current LCU | Papua New Guinea |
| 2020s | 2.07 billion current LCU | 2.27 billion current LCU | 206.45 million current LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Luxembourg or Papua New Guinea?
- Luxembourg, at 2.50 billion current LCU against 2.40 billion current LCU in Papua New Guinea as of 2024.
- What is the difference in net investment in nonfinancial assets between Luxembourg and Papua New Guinea?
- 98.94 million current LCU, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Papua New Guinea?
- 24 years are reported by both, from 1990 to 2024.
- How do Luxembourg and Papua New Guinea rank globally for net investment in nonfinancial assets?
- Luxembourg ranks 117th and Papua New Guinea ranks 120th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.