Papua New Guinea - Gross fixed capital formation

Gross fixed capital formation, private sector (current LCU)

The value for Gross fixed capital formation, private sector (current LCU) in Papua New Guinea was 687,500,000 as of 1993. As the graph below shows, over the past 13 years this indicator reached a maximum value of 839,899,900 in 1991 and a minimum value of 231,100,000 in 1980.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 231,100,000
1981 305,100,000
1982 456,600,100
1983 505,499,900
1984 404,500,000
1985 294,200,100
1986 373,300,000
1987 400,300,000
1988 579,500,000
1989 646,200,100
1990 615,300,100
1991 839,899,900
1992 699,400,000
1993 687,500,000

Gross fixed capital formation, private sector (% of GDP)

Gross fixed capital formation, private sector (% of GDP) in Papua New Guinea was 14.13 as of 1993. Its highest value over the past 13 years was 26.10 in 1982, while its lowest value was 12.14 in 1985.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 13.53
1981 18.15
1982 26.10
1983 23.59
1984 17.64
1985 12.14
1986 14.51
1987 14.02
1988 18.28
1989 21.22
1990 20.00
1991 23.29
1992 16.56
1993 14.13

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Papua New Guinea was $712,137,700 as of 2004. Over the past 44 years, the value for this indicator has fluctuated between $1,061,029,000 in 1991 and $30,688,000 in 1961.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $30,912,000
1961 $30,688,000
1962 $34,384,000
1963 $42,336,010
1964 $52,080,010
1965 $65,404,860
1966 $81,308,100
1967 $90,827,640
1968 $97,771,300
1969 $153,320,600
1970 $256,803,700
1971 $293,271,300
1972 $222,515,000
1973 $184,916,900
1974 $227,501,100
1975 $229,087,600
1976 $253,027,200
1977 $302,375,600
1978 $378,755,800
1979 $458,274,900
1980 $587,569,000
1981 $669,687,900
1982 $780,907,300
1983 $761,750,800
1984 $609,503,700
1985 $446,766,100
1986 $555,075,100
1987 $607,115,300
1988 $849,959,600
1989 $920,703,300
1990 $808,962,300
1991 $1,061,029,000
1992 $947,646,700
1993 $920,686,800
1994 $1,034,761,000
1995 $905,677,800
1996 $888,231,900
1997 $754,335,400
1998 $529,648,000
1999 $420,802,500
2000 $718,930,200
2001 $651,938,900
2002 $582,606,700
2003 $641,927,200
2004 $712,137,700

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Papua New Guinea was 2,294,294,000 as of 2004. As the graph below shows, over the past 44 years this indicator reached a maximum value of 2,294,294,000 in 2004 and a minimum value of 27,400,000 in 1961.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 27,600,000
1961 27,400,000
1962 30,700,000
1963 37,800,000
1964 46,500,000
1965 58,400,000
1966 72,600,000
1967 81,100,000
1968 87,300,000
1969 136,900,000
1970 229,300,000
1971 258,899,900
1972 185,800,000
1973 130,200,000
1974 158,500,000
1975 175,000,000
1976 200,600,000
1977 239,300,000
1978 268,500,000
1979 326,200,100
1980 394,200,000
1981 450,700,000
1982 576,700,000
1983 636,899,900
1984 547,700,000
1985 446,900,100
1986 539,200,000
1987 551,200,000
1988 737,000,000
1989 790,700,000
1990 772,900,100
1991 1,010,100,000
1992 914,100,000
1993 900,800,000
1994 1,039,935,000
1995 1,210,167,000
1996 1,170,690,000
1997 1,081,792,000
1998 1,090,704,000
1999 1,068,417,000
2000 1,987,698,000
2001 2,199,837,000
2002 2,263,893,000
2003 2,281,217,000
2004 2,294,294,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Papua New Guinea was -0.48 as of 2004. As the graph below shows, over the past 43 years this indicator reached a maximum value of 72.62 in 2000 and a minimum value of -36.11 in 1973.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 3.99
1962 7.51
1963 28.26
1964 31.23
1965 32.89
1966 8.78
1967 7.98
1968 5.31
1969 46.76
1970 60.23
1971 7.21
1972 -32.68
1973 -36.11
1974 2.90
1975 -6.64
1976 -9.02
1977 6.87
1978 8.81
1979 15.53
1980 12.81
1981 2.50
1982 17.94
1983 2.94
1984 -19.36
1985 -23.93
1986 17.43
1987 -1.29
1988 26.32
1989 2.53
1990 -9.12
1991 22.45
1992 -7.77
1993 -8.70
1994 6.22
1995 0.45
1996 -7.91
1997 -14.72
1998 -5.19
1999 -5.23
2000 72.62
2001 5.76
2002 -2.82
2003 -6.17
2004 -0.48

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Papua New Guinea was 1,712,489,000 as of 2004. As the graph below shows, over the past 44 years this indicator reached a maximum value of 2,243,848,000 in 1971 and a minimum value of 287,723,300 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 287,723,300
1961 299,212,200
1962 321,690,600
1963 412,603,200
1964 541,479,200
1965 719,560,200
1966 782,748,900
1967 845,189,500
1968 890,069,000
1969 1,306,248,000
1970 2,092,993,000
1971 2,243,848,000
1972 1,510,551,000
1973 965,074,500
1974 993,047,700
1975 927,110,900
1976 843,440,700
1977 901,385,100
1978 980,809,200
1979 1,133,163,000
1980 1,278,274,000
1981 1,310,244,000
1982 1,545,268,000
1983 1,590,724,000
1984 1,282,770,000
1985 975,814,200
1986 1,145,901,000
1987 1,131,165,000
1988 1,428,880,000
1989 1,465,096,000
1990 1,331,473,000
1991 1,630,436,000
1992 1,503,808,000
1993 1,372,933,000
1994 1,458,352,000
1995 1,464,845,000
1996 1,348,956,000
1997 1,150,397,000
1998 1,090,704,000
1999 1,033,707,000
2000 1,784,393,000
2001 1,887,118,000
2002 1,833,846,000
2003 1,720,752,000
2004 1,712,489,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Papua New Guinea was 18.13 as of 2004. Its highest value over the past 44 years was 40.86 in 1971, while its lowest value was 12.10 in 1999.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 13.41
1961 12.53
1962 13.16
1963 15.34
1964 17.06
1965 19.00
1966 20.80
1967 20.56
1968 20.15
1969 27.81
1970 39.78
1971 40.86
1972 25.91
1973 14.23
1974 15.50
1975 16.89
1976 16.74
1977 18.43
1978 19.44
1979 19.98
1980 23.08
1981 26.81
1982 32.97
1983 29.73
1984 23.88
1985 18.44
1986 20.96
1987 19.31
1988 23.25
1989 25.96
1990 25.13
1991 28.01
1992 21.65
1993 18.51
1994 18.80
1995 19.54
1996 17.23
1997 15.28
1998 13.98
1999 12.10
2000 20.42
2001 21.16
2002 19.42
2003 18.15
2004 18.13

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts