Papua New Guinea — Gross fixed capital formation (USD)
millions of USD · 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. This series reports the amount in millions of US dollars.
Papua New Guinea's gross fixed capital formation reading was 2.43B USD in 2024. The period change from 2.32B USD in 2023 was +4.69%. The latest reading was above the selected 10-year average of 1.95B USD. The corresponding ratio to GDP was 7.89% in 2024.
Get the full series
- Annual data, 1960–2024
- All 2 sources, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 2.43B USD |
| 2023 | 2.32B USD |
| 2022 | 2.38B USD |
| 2021 | 1.97B USD |
| 2020 | 1.80B USD |
8 earlier values, back to 2012
| 2019 | 1.86B USD |
| 2018 | 1.82B USD |
| 2017 | 1.71B USD |
| 2016 | 1.56B USD |
| 2015 | 1.64B USD |
| 2014 | 4.53B USD |
| 2013 | 5.01B USD |
| 2012 | 5.41B USD |