Gross capital formation in Papua New Guinea
Papua New Guinea: Gross capital formation was 785.48 million current US$ in 2004. ◆ Volatile
Gross capital formation in Papua New Guinea, 1960–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Papua New Guinea recorded 785.48 million current US$ for gross capital formation in 2004.
Compared with earlier readings it is up 11.5% on the previous year and down 33.2% over ten years.
Over the whole period, gross capital formation in Papua New Guinea peaked at 1.18 billion current US$ in 1994 and was at its lowest, 30.91 million current US$, in 1960.
Papua New Guinea ranks 161st of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 72.46 million current US$ | 30.91 million current US$ | 160.16 million current US$ | 10 |
| 1970s | 315.87 million current US$ | 201.10 million current US$ | 538.53 million current US$ | 10 |
| 1980s | 699.38 million current US$ | 480.55 million current US$ | 994.75 million current US$ | 10 |
| 1990s | 937.51 million current US$ | 569.13 million current US$ | 1.18 billion current US$ | 10 |
| 2000s | 720.74 million current US$ | 635.66 million current US$ | 785.48 million current US$ | 5 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- DEC alternative conversion factor 4.12 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 931.74 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 226.00 million current US$ (2025)
- Taxes less subsidies on products 5.32 billion current LCU (2024)
- Taxes less subsidies on products 1.38 billion current US$ (2024)
- Net primary income (Net income from abroad) -9.64 billion current LCU (2025)
- Net primary income (Net income from abroad) -2.34 billion current US$ (2025)
- GNI per capita 11,553 current LCU (2025)
- GNI per capita, Atlas method 2,890 current US$ (2025)
- GNI 124.34 billion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Papua New Guinea?
- Gross capital formation in Papua New Guinea was 785.48 million current US$ in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Papua New Guinea?
- The highest recorded value was 1.18 billion current US$ in 1994.
- What is the lowest gross capital formation recorded in Papua New Guinea?
- The lowest recorded value was 30.91 million current US$ in 1960.
- How does Papua New Guinea rank for gross capital formation?
- Papua New Guinea ranks 161st out of 186 countries with data for 2004.
- Is gross capital formation rising or falling in Papua New Guinea?
- Over the last ten years it is down 33.2%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.