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Papua New Guinea: Gross fixed capital formation

Millions of local currency · 1960–2024 · 65 observations · finv

2024
9.36 billionlocal currency
Change on 2023
+12.4%year on year
Average growth, 2014–2024
−1.7%a year
In US dollars, 2024
$2.43 billionUS dollars

Gross fixed capital formation

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10M100M1B10B100B1960197019801990200020102020Papua New GuineaPapua New Guinea
Local currency

Compare with other countries →Definition of Gross fixed capital formation

Recent values

Millions of local currency

YearValue
20249,363
20238,332
20228,390
20216,901
20206,215
20196,315
20185,980
20175,461
20164,899
20154,530

Sources

  • WDI (archive)1960–1997
  • World Development Indicators1960–2004
  • Mitchell1964–2010
  • FAO1970–2023
  • United Nations1970–2024

Compare these sources →

Papua New Guinea documentation (PDF)

More for Papua New Guinea

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 68 series →

Gross fixed capital formation elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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