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Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Papua New Guinea

Gross capital formation (% of GDP) in Papua New Guinea in 2004 — 20%. Ranked 113 in the world out of 164. Since 1960, the indicator has risen by 6.6 pp.

2004 20% +0.1 pp vs 2003
World rank 113of 164
Period maximum 42.8%1971
Period minimum 13.1%1961

Trend over time

1960–2004 · % of GDP

Gross capital formation (% of GDP) — Papua New Guinea, 1960–2004020406019601965197019751980198519901995200020041960: 13.4%1961: 13.1%1962: 13.2%1963: 16.1%1964: 19.1%1965: 21.6%1966: 22.4%1967: 21.9%1968: 21.7%1969: 29.1%1970: 41.6%1971: 42.8%1972: 27.8%1973: 15.5%1974: 17.4%1975: 20%1976: 18.6%1977: 21.6%1978: 22.6%1979: 23.5%1980: 25.2%1981: 27.2%1982: 32.2%1983: 29.4%1984: 27%1985: 19.8%1986: 19.7%1987: 20.5%1988: 27.2%1989: 23.2%1990: 24.4%1991: 27.4%1992: 23.3%1993: 17.6%1994: 21.4%1995: 21.9%1996: 22.7%1997: 21.1%1998: 17.9%1999: 16.4%2000: 21.9%2001: 23%2002: 21.2%2003: 19.9%2004: 20%
Change over the period: +6.6 pp Annual average: 0.15 pp

Comparison, 2004

How the value compares with the world and the groups this territory belongs to: Papua New Guinea

Papua New Guinea 20%
World 24.1%
East Asia & Pacific 29.9%
Melanesia computed 24.3%
Lower-middle-income countries computed 29.8%
Gross capital formation (% of GDP) — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year % Change, pp
2004 20 +0.1 pp
2003 19.9 −1.3 pp
2002 21.2 −1.8 pp
2001 23 +1.1 pp
2000 21.9 +5.5 pp
1999 16.4 −1.5 pp
1998 17.9 −3.2 pp
1997 21.1 −1.7 pp
1996 22.7 +0.8 pp
1995 21.9 +0.6 pp
1994 21.4 +3.7 pp
1993 17.6 −5.7 pp
1992 23.3 −4.1 pp
1991 27.4 +3 pp
1990 24.4 +1.2 pp
1989 23.2 −4 pp
1988 27.2 +6.7 pp
1987 20.5 +0.8 pp
1986 19.7 −0.1 pp
1985 19.8 −7.2 pp
1984 27 −2.4 pp
1983 29.4 −2.7 pp
1982 32.2 +4.9 pp
1981 27.2 +2 pp
1980 25.2 +1.7 pp
1979 23.5 +0.9 pp
1978 22.6 +1 pp
1977 21.6 +3 pp
1976 18.6 −1.4 pp
1975 20 +2.6 pp
1974 17.4 +1.9 pp
1973 15.5 −12.4 pp
1972 27.8 −14.9 pp
1971 42.8 +1.2 pp
1970 41.6 +12.5 pp
1969 29.1 +7.3 pp
1968 21.7 −0.2 pp
1967 21.9 −0.5 pp
1966 22.4 +0.8 pp
1965 21.6 +2.5 pp
1964 19.1 +3 pp
1963 16.1 +2.9 pp
1962 13.2 +0.1 pp
1961 13.1 −0.3 pp
1960 13.4 —

Melanesia, 2004

The same indicator for neighboring countries — with links to their pages

FJ Fiji 28.3 NC New Caledonia 26.6 VU Vanuatu 23.2 PG Papua New Guinea 20 SB Solomon Islands 9.9
Full table for all countries

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Papua New Guinea

Economy Gross capital formation in US dollars

How much a country puts in each year into buildings, equipment, infrastructure and inventories.

Papua New Guinea by year Economy Gross national savings

What part of its income a country saves rather than consumes.

Papua New Guinea by year Business FDI inflows (% of GDP)

Inflows of direct investment relative to the size of the economy.

Papua New Guinea by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Papua New Guinea by year
All indicators for Papua New Guinea