Papua New Guinea — Gross capital formation
millions of LCU · Annual · 1960–2024 · 65 observations
About this series
Gross capital formation records investment in fixed assets, changes in inventories and, where included, valuables during the period. It is a flow in the expenditure account of GDP.
In Papua New Guinea, the gross capital formation reading was 9.89B LCU in 2024, compared with 8.80B LCU in 2023. The period change was +12.3%. The latest reading was above the selected 10-year average of 7.05B LCU. The corresponding ratio to GDP was 8.33% in 2024.
Get the full series
- Annual data, 1960–2024
- All 3 sources, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 9.89B LCU |
| 2023 | 8.80B LCU |
| 2022 | 8.88B LCU |
| 2021 | 7.27B LCU |
| 2020 | 6.58B LCU |
8 earlier values, back to 2012
| 2019 | 6.71B LCU |
| 2018 | 6.38B LCU |
| 2017 | 5.85B LCU |
| 2016 | 5.28B LCU |
| 2015 | 4.89B LCU |
| 2014 | 11.53B LCU |
| 2013 | 11.61B LCU |
| 2012 | 11.64B LCU |