Latin America and the Caribbean vs Mongolia: Annual growth of the gross capital formation
Latin America and the Caribbean
3.2%
in 2024
Mongolia
23.2%
in 2024
Latin America and the Caribbean rank
15th
Mongolia rank
13th
Annual growth of the gross capital formation over time
- Latin America and the Caribbean
- Mongolia
How they compare
Mongolia currently reports 23.2% against 3.2% in Latin America and the Caribbean, a difference of 20.0%.
That makes Mongolia's figure about 7.3 times Latin America and the Caribbean's.
The two have swapped places 6 times across 14 shared years of data; in 2011 it was Mongolia ahead.
Latin America and the Caribbean ranks 15th and Mongolia ranks 13th of 31 groups.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America and the Caribbean | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -0.1% | 11.9% | 12.0% | Mongolia |
| 2020s | 3.3% | 14.2% | 10.9% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual growth of the gross capital formation, Latin America and the Caribbean or Mongolia?
- Mongolia, at 23.2% against 3.2% in Latin America and the Caribbean as of 2024.
- What is the difference in annual growth of the gross capital formation between Latin America and the Caribbean and Mongolia?
- 20.0%, with Mongolia ahead.
- How many years of comparable data are there for Latin America and the Caribbean and Mongolia?
- 14 years are reported by both, from 2011 to 2024.
- How do Latin America and the Caribbean and Mongolia rank globally for annual growth of the gross capital formation?
- Latin America and the Caribbean ranks 15th and Mongolia ranks 13th of 31 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Annual growth of the gross capital formation (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.