Gross fixed capital formation, General government, Constant prices in Papua New Guinea
Papua New Guinea: Gross fixed capital formation, General government, Constant prices was 1.79 in 1993. ▼ Falling
Gross fixed capital formation, General government, Constant prices in Papua New Guinea, 1960–1993
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in Papua New Guinea is 1.79, measured in 1993. That is the lowest value across all 34 years on record.
Compared with earlier readings it is down 22.1% on the previous year and down 38.7% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Papua New Guinea peaked at 7.06 in 1970 and was at its lowest, 1.79, in 1993.
That places Papua New Guinea 158th out of 173 countries with data for 1993, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Gross fixed capital formation, General government, Constant prices in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 5.54 | — |
| 1961 | 4.96 | -10.5% |
| 1962 | 4.84 | -2.4% |
| 1963 | 4.86 | +0.4% |
| 1964 | 4.69 | -3.5% |
| 1965 | 4.46 | -4.8% |
| 1966 | 4.43 | -0.6% |
| 1967 | 4.42 | -0.4% |
| 1968 | 4.33 | -2.0% |
| 1969 | 4.19 | -3.2% |
| 1970 | 7.06 | +68.7% |
| 1971 | 4.72 | -33.2% |
| 1972 | 3.01 | -36.2% |
| 1973 | 2.7 | -10.4% |
| 1974 | 2.73 | +1.1% |
| 1975 | 2.55 | -6.6% |
| 1976 | 2.38 | -6.6% |
| 1977 | 2.54 | +6.7% |
| 1978 | 2.54 | +0.2% |
| 1979 | 2.89 | +13.5% |
| 1980 | 4.88 | +69.0% |
| 1981 | 3.92 | -19.7% |
| 1982 | 2.95 | -24.6% |
| 1983 | 2.91 | -1.4% |
| 1984 | 3 | +3.2% |
| 1985 | 2.88 | -4.0% |
| 1986 | 2.89 | +0.1% |
| 1987 | 2.47 | -14.5% |
| 1988 | 2.36 | -4.2% |
| 1989 | 2.1 | -11.0% |
| 1990 | 2.2 | +4.5% |
| 1991 | 2.03 | -7.6% |
| 1992 | 2.29 | +12.9% |
| 1993 | 1.79 | -22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.67 | 4.19 | 5.54 | 10 |
| 1970s | 3.31 | 2.38 | 7.06 | 10 |
| 1980s | 3.04 | 2.1 | 4.88 | 10 |
| 1990s | 2.08 | 1.79 | 2.29 | 4 |
Countries ranked near Papua New Guinea
- 155 Syrian Arab Republic 1.87 compare
- 156 Argentina 1.86 compare
- 157 Portugal 1.84 compare
- 159 West Bank and Gaza 1.76 compare
- 160 Pakistan 1.74 compare
- 161 Brunei Darussalam 1.72 compare
More public sector data for Papua New Guinea
- Arms imports 9.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.8663 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 600 % change on previous year (1997)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 8.6 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.003 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.01 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.87 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Papua New Guinea?
- Gross fixed capital formation, general government, constant prices in Papua New Guinea was 1.79 in 1993, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Papua New Guinea?
- The highest recorded value was 7.06 in 1970.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Papua New Guinea?
- The lowest recorded value was 1.79 in 1993.
- How does Papua New Guinea rank for gross fixed capital formation, general government, constant prices?
- Papua New Guinea ranks 158th out of 173 countries with data for 1993.
- Is gross fixed capital formation, general government, constant prices rising or falling in Papua New Guinea?
- Over the last ten years it is down 38.7%. The long-run trend across the full record is falling.
- Where does this Papua New Guinea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.