Net investment in nonfinancial assets in Papua New Guinea
Papua New Guinea: Net investment in nonfinancial assets was 2.0% in 2024. ▬ Flat
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 % of GDP.
Analysis
In 2024, net investment in nonfinancial assets in Papua New Guinea stood at 2.0%.
That represents a change of up 4.9% on the previous year and down 61.8% over ten years.
Over the whole period, net investment in nonfinancial assets in Papua New Guinea peaked at 5.3% in 1991 and was at its lowest, 0.2%, in 2000.
Papua New Guinea ranks 100th of 156 countries on this measure, in the middle of the range.
Net investment in nonfinancial assets in Papua New Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 3.5% | — |
| 1991 | 5.3% | +52.3% |
| 1992 | 2.9% | -46.0% |
| 1993 | 2.6% | -7.6% |
| 1994 | 1.0% | -61.9% |
| 1995 | 1.7% | +71.9% |
| 1996 | 0.6% | -63.9% |
| 1997 | 2.0% | +223.5% |
| 1998 | 3.4% | +68.3% |
| 1999 | 1.6% | -54.5% |
| 2000 | 0.2% | -85.3% |
| 2001 | 1.6% | +611.5% |
| 2002 | 3.0% | +87.4% |
| 2014 | 5.3% | +74.0% |
| 2015 | 3.2% | -40.1% |
| 2016 | 2.5% | -22.0% |
| 2017 | 1.8% | -27.9% |
| 2018 | 2.0% | +12.6% |
| 2019 | 2.4% | +18.0% |
| 2020 | 2.6% | +10.2% |
| 2021 | 2.1% | -18.1% |
| 2022 | 2.4% | +14.4% |
| 2023 | 1.9% | -21.2% |
| 2024 | 2.0% | +4.9% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 2.0% is below the median for lower middle income countries, which is 4.2%, 48% of the median. (36 countries reporting)
- Papua New Guinea's 2.0% is below the median for East Asia & Pacific, which is 4.6%, 44% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net investment in nonfinancial assets 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 |
|---|---|---|---|
| 2001 | +611.5% | 0.2% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.5% | 0.6% | 5.3% | 10 |
| 2000s | 1.6% | 0.2% | 3.0% | 3 |
| 2010s | 2.9% | 1.8% | 5.3% | 6 |
| 2020s | 2.2% | 1.9% | 2.6% | 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 2.0% 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 5.3% in 1991.
- What is the lowest net investment in nonfinancial assets recorded in Papua New Guinea?
- The lowest recorded value was 0.2% in 2000.
- How does Papua New Guinea rank for net investment in nonfinancial assets?
- Papua New Guinea ranks 100th 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 61.8%. The long-run trend across the full record is flat.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.