Lao People's Democratic Republic vs Mongolia: Gross capital formation
Gross capital formation over time
- Lao People's Democratic Republic
- Mongolia
How they compare
Lao People's Democratic Republic currently reports 34.53 trillion constant LCU against 14.55 trillion constant LCU in Mongolia, a difference of 19.98 trillion constant LCU.
That makes Lao People's Democratic Republic's figure about 2.4 times Mongolia's.
Across all 7 years both countries report, Lao People's Democratic Republic has been ahead every year.
Lao People's Democratic Republic ranks 16th and Mongolia ranks 19th of 169 countries.
Lao People's Democratic Republic has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher gross capital formation, Lao People's Democratic Republic or Mongolia?
- Lao People's Democratic Republic, at 34.53 trillion constant LCU against 14.55 trillion constant LCU in Mongolia as of 2016.
- What is the difference in gross capital formation between Lao People's Democratic Republic and Mongolia?
- 19.98 trillion constant LCU, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Mongolia?
- 7 years are reported by both, from 2010 to 2016.
- How do Lao People's Democratic Republic and Mongolia rank globally for gross capital formation?
- Lao People's Democratic Republic ranks 16th 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.