Papua New Guinea — Gross fixed capital formation
millions of LCU · Annual · 1960–2024 · 65 observations
About this series
Gross fixed capital formation is the value of fixed assets acquired less the value of fixed assets disposed of during the period for use in production. It excludes changes in inventories.
The gross fixed capital formation reading for Papua New Guinea was 9.36B LCU in 2024. The previous reading was 8.33B LCU in 2023; the period change was +12.4%. Relative to the selected 10-year average of 6.64B LCU, the latest reading was above. The corresponding ratio to GDP was 7.89% in 2024.
Get the full series
- Annual data, 1960–2024
- All 3 sources, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 9.36B LCU |
| 2023 | 8.33B LCU |
| 2022 | 8.39B LCU |
| 2021 | 6.90B LCU |
| 2020 | 6.22B LCU |
8 earlier values, back to 2012
| 2019 | 6.31B LCU |
| 2018 | 5.98B LCU |
| 2017 | 5.46B LCU |
| 2016 | 4.90B LCU |
| 2015 | 4.53B LCU |
| 2014 | 11.16B LCU |
| 2013 | 11.24B LCU |
| 2012 | 11.27B LCU |