Papua New Guinea — Gross fixed capital formation
millions of PGK · 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 PGK in 2024. The previous reading was 8.33B PGK in 2023; the period change was +12.4%. Relative to the selected 10-year average of 6.64B PGK, the latest reading was above. The corresponding ratio to GDP was 7.53% in 2024.
Get the full series
- Annual data, 1960–2024
- All 3 sources, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 9.36B PGK |
| 2023 | 8.33B PGK |
| 2022 | 8.39B PGK |
| 2021 | 6.90B PGK |
| 2020 | 6.22B PGK |
8 earlier values, back to 2012
| 2019 | 6.31B PGK |
| 2018 | 5.98B PGK |
| 2017 | 5.46B PGK |
| 2016 | 4.90B PGK |
| 2015 | 4.53B PGK |
| 2014 | 11.16B PGK |
| 2013 | 11.24B PGK |
| 2012 | 11.27B PGK |