Papua New Guinea — Gross capital formation
millions of PGK · 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 PGK in 2024, compared with 8.80B PGK in 2023. The period change was +12.3%. The latest reading was above the selected 10-year average of 7.05B PGK. The corresponding ratio to GDP was 7.96% in 2024.
Get the full series
- Annual data, 1960–2024
- All 3 sources, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 9.89B PGK |
| 2023 | 8.80B PGK |
| 2022 | 8.88B PGK |
| 2021 | 7.27B PGK |
| 2020 | 6.58B PGK |
8 earlier values, back to 2012
| 2019 | 6.71B PGK |
| 2018 | 6.38B PGK |
| 2017 | 5.85B PGK |
| 2016 | 5.28B PGK |
| 2015 | 4.89B PGK |
| 2014 | 11.53B PGK |
| 2013 | 11.61B PGK |
| 2012 | 11.64B PGK |