Iraq vs Laos: Gross capital formation
Gross capital formation over time
- Iraq
- Laos
How they compare
Laos currently reports 34.53 trillion constant LCU against 17.72 trillion constant LCU in Iraq, a difference of 16.80 trillion constant LCU.
That makes Laos's figure about 1.9 times Iraq's.
The two have swapped places 4 times across 10 shared years of data; in 2007 it was Laos ahead.
Iraq ranks 18th and Laos ranks 16th of 169 countries.
Across the 2 decades both report, Iraq averaged higher in 1 and Laos in 1.
Head to head by decade
| Decade | Iraq | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.19 trillion constant LCU | 19.80 trillion constant LCU | 5.61 trillion constant LCU | Laos |
| 2010s | 30.19 trillion constant LCU | 26.78 trillion constant LCU | 3.40 trillion constant LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Iraq or Laos?
- Laos, at 34.53 trillion constant LCU against 17.72 trillion constant LCU in Iraq as of 2016.
- What is the difference in gross capital formation between Iraq and Laos?
- 16.80 trillion constant LCU, with Laos ahead.
- How many years of comparable data are there for Iraq and Laos?
- 10 years are reported by both, from 2007 to 2016.
- How do Iraq and Laos rank globally for gross capital formation?
- Iraq ranks 18th and Laos ranks 16th of 169 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant LCU). 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 varies by country. This series is expressed in local currency units.