Papua New Guinea vs Trinidad and Tobago: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Papua New Guinea
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 2.50 billion current LCU against 2.40 billion current LCU in Papua New Guinea, a difference of 95.10 million current LCU.
Across all 8 years both countries report, Trinidad and Tobago has been ahead every year.
Papua New Guinea ranks 120th and Trinidad and Tobago ranks 118th of 156 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 261.93 million current LCU | 697.60 million current LCU | 435.68 million current LCU | Trinidad and Tobago |
| 2010s | 1.90 billion current LCU | 4.04 billion current LCU | 2.14 billion current LCU | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Papua New Guinea or Trinidad and Tobago?
- Trinidad and Tobago, at 2.50 billion current LCU against 2.40 billion current LCU in Papua New Guinea as of 2019.
- What is the difference in net investment in nonfinancial assets between Papua New Guinea and Trinidad and Tobago?
- 95.10 million current LCU, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Papua New Guinea and Trinidad and Tobago?
- 8 years are reported by both, from 2001 to 2019.
- How do Papua New Guinea and Trinidad and Tobago rank globally for net investment in nonfinancial assets?
- Papua New Guinea ranks 120th and Trinidad and Tobago ranks 118th 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.