Gross fixed capital formation, General government … General Percent in Papua New Guinea
Papua New Guinea: Gross fixed capital formation, General government … General Percent 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 … General Percent 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% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 1.79 is below the median for lower middle income countries, which is 4.16, 43% of the median. (41 countries reporting)
- Papua New Guinea's 1.79 is below the median for East Asia & Pacific, which is 4.89, 37% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General government … General Percent in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1970 | +68.7% | 4.19 | 7.06 |
| 1980 | +69.0% | 2.89 | 4.88 |
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
More public sector data for Papua New Guinea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
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.