Iraq vs Mongolia: Gross capital formation
Gross capital formation over time
- Iraq
- Mongolia
How they compare
Iraq currently reports 17.72 trillion constant LCU against 14.55 trillion constant LCU in Mongolia, a difference of 3.17 trillion constant LCU.
That makes Iraq's figure about 1.2 times Mongolia's.
Across all 15 years both countries report, Iraq has been ahead every year.
Iraq ranks 18th and Mongolia ranks 19th of 169 countries.
Iraq has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iraq | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 32.87 trillion constant LCU | 8.46 trillion constant LCU | 24.41 trillion constant LCU | Iraq |
| 2020s | 33.28 trillion constant LCU | 12.00 trillion constant LCU | 21.28 trillion constant LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Iraq or Mongolia?
- Iraq, at 17.72 trillion constant LCU against 14.55 trillion constant LCU in Mongolia as of 2024.
- What is the difference in gross capital formation between Iraq and Mongolia?
- 3.17 trillion constant LCU, with Iraq ahead.
- How many years of comparable data are there for Iraq and Mongolia?
- 15 years are reported by both, from 2010 to 2024.
- How do Iraq and Mongolia rank globally for gross capital formation?
- Iraq ranks 18th and Mongolia ranks 19th 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.