Papua New Guinea - 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 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
