Belgium vs Latin America & Caribbean: Gross capital formation
Gross capital formation over time
- Belgium
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 1.14 trillion constant 2015 US$ against 126.47 billion constant 2015 US$ in Belgium, a difference of 1.01 trillion constant 2015 US$.
That makes Latin America & Caribbean's figure about 9.0 times Belgium's.
Across all 56 years both countries report, Latin America & Caribbean has been ahead every year.
Belgium ranks 24th and Latin America & Caribbean ranks 23rd of 163 countries.
Latin America & Caribbean has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Belgium | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 44.67 billion constant 2015 US$ | 397.32 billion constant 2015 US$ | 352.65 billion constant 2015 US$ | Latin America & Caribbean |
| 1980s | 46.75 billion constant 2015 US$ | 449.64 billion constant 2015 US$ | 402.90 billion constant 2015 US$ | Latin America & Caribbean |
| 1990s | 68.57 billion constant 2015 US$ | 573.61 billion constant 2015 US$ | 505.04 billion constant 2015 US$ | Latin America & Caribbean |
| 2000s | 89.99 billion constant 2015 US$ | 763.34 billion constant 2015 US$ | 673.35 billion constant 2015 US$ | Latin America & Caribbean |
| 2010s | 108.94 billion constant 2015 US$ | 1.07 trillion constant 2015 US$ | 962.23 billion constant 2015 US$ | Latin America & Caribbean |
| 2020s | 123.16 billion constant 2015 US$ | 1.05 trillion constant 2015 US$ | 926.71 billion constant 2015 US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Belgium or Latin America & Caribbean?
- Latin America & Caribbean, at 1.14 trillion constant 2015 US$ against 126.47 billion constant 2015 US$ in Belgium as of 2025.
- What is the difference in gross capital formation between Belgium and Latin America & Caribbean?
- 1.01 trillion constant 2015 US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Belgium and Latin America & Caribbean?
- 56 years are reported by both, from 1970 to 2025.
- How do Belgium and Latin America & Caribbean rank globally for gross capital formation?
- Belgium ranks 24th and Latin America & Caribbean ranks 23rd of 163 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.