Ireland vs Latin America & the Caribbean (IDA & IBRD countries): Gross capital formation
Gross capital formation over time
- Ireland
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 1.12 trillion constant 2015 US$ against 121.15 billion constant 2015 US$ in Ireland, a difference of 994.25 billion constant 2015 US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 9.2 times Ireland's.
Across all 56 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Ireland ranks 25th and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 163 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Ireland | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.48 billion constant 2015 US$ | 381.76 billion constant 2015 US$ | 370.28 billion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 13.62 billion constant 2015 US$ | 431.74 billion constant 2015 US$ | 418.13 billion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 20.58 billion constant 2015 US$ | 554.43 billion constant 2015 US$ | 533.85 billion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 45.38 billion constant 2015 US$ | 737.40 billion constant 2015 US$ | 692.02 billion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 79.48 billion constant 2015 US$ | 1.05 trillion constant 2015 US$ | 967.64 billion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 118.17 billion constant 2015 US$ | 1.03 trillion constant 2015 US$ | 910.74 billion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Ireland or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 1.12 trillion constant 2015 US$ against 121.15 billion constant 2015 US$ in Ireland as of 2025.
- What is the difference in gross capital formation between Ireland and Latin America & the Caribbean (IDA & IBRD countries)?
- 994.25 billion constant 2015 US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Ireland and Latin America & the Caribbean (IDA & IBRD countries)?
- 56 years are reported by both, from 1970 to 2025.
- How do Ireland and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross capital formation?
- Ireland ranks 25th and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 163 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.