Net investment in nonfinancial assets in Papua New Guinea
Papua New Guinea: Net investment in nonfinancial assets was 2.40 billion current LCU in 2024. ◆ Volatile
Net investment in nonfinancial assets in Papua New Guinea, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net investment in nonfinancial assets in Papua New Guinea stood at 2.40 billion current LCU.
Compared with earlier readings it is up 12.5% on the previous year and down 20.7% over ten years.
Over the whole period, net investment in nonfinancial assets in Papua New Guinea peaked at 3.03 billion current LCU in 2014 and was at its lowest, 22.24 million current LCU, in 2000.
Papua New Guinea ranks 120th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net investment in nonfinancial assets in Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 107.11 million current LCU | — |
| 1991 | 191.14 million current LCU | +78.5% |
| 1992 | 120.92 million current LCU | -36.7% |
| 1993 | 128.82 million current LCU | +6.5% |
| 1994 | 55.77 million current LCU | -56.7% |
| 1995 | 107.35 million current LCU | +92.5% |
| 1996 | 42.48 million current LCU | -60.4% |
| 1997 | 143.21 million current LCU | +237.1% |
| 1998 | 265.71 million current LCU | +85.5% |
| 1999 | 136.91 million current LCU | -48.5% |
| 2000 | 22.24 million current LCU | -83.8% |
| 2001 | 168.94 million current LCU | +659.8% |
| 2002 | 354.90 million current LCU | +110.1% |
| 2014 | 3.03 billion current LCU | +753.0% |
| 2015 | 1.91 billion current LCU | -37.0% |
| 2016 | 1.61 billion current LCU | -15.7% |
| 2017 | 1.29 billion current LCU | -19.6% |
| 2018 | 1.60 billion current LCU | +23.3% |
| 2019 | 1.99 billion current LCU | +24.6% |
| 2020 | 2.16 billion current LCU | +8.5% |
| 2021 | 1.96 billion current LCU | -9.1% |
| 2022 | 2.72 billion current LCU | +39.0% |
| 2023 | 2.13 billion current LCU | -21.7% |
| 2024 | 2.40 billion current LCU | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 129.94 million current LCU | 42.48 million current LCU | 265.71 million current LCU | 10 |
| 2000s | 182.03 million current LCU | 22.24 million current LCU | 354.90 million current LCU | 3 |
| 2010s | 1.90 billion current LCU | 1.29 billion current LCU | 3.03 billion current LCU | 6 |
| 2020s | 2.27 billion current LCU | 1.96 billion current LCU | 2.72 billion current LCU | 5 |
Countries ranked near Papua New Guinea
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 net investment in nonfinancial assets in Papua New Guinea?
- Net investment in nonfinancial assets in Papua New Guinea was 2.40 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Papua New Guinea?
- The highest recorded value was 3.03 billion current LCU in 2014.
- What is the lowest net investment in nonfinancial assets recorded in Papua New Guinea?
- The lowest recorded value was 22.24 million current LCU in 2000.
- How does Papua New Guinea rank for net investment in nonfinancial assets?
- Papua New Guinea ranks 120th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Papua New Guinea?
- Over the last ten years it is down 20.7%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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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.