Iraq vs Russia: Gross capital formation
Gross capital formation over time
- Iraq
- Russia
How they compare
Iraq currently reports 69.57 trillion current LCU against 55.48 trillion current LCU in Russia, a difference of 14.09 trillion current LCU.
That makes Iraq's figure about 1.3 times Russia's.
The two have swapped places 4 times across 37 shared years of data; in 1988 it was Iraq ahead.
Iraq ranks 16th and Russia ranks 18th of 186 countries.
Iraq has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iraq | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.76 billion current LCU | 169.80 million current LCU | 1.59 billion current LCU | Iraq |
| 1990s | 2.36 trillion current LCU | 267.18 billion current LCU | 2.09 trillion current LCU | Iraq |
| 2000s | 13.56 trillion current LCU | 4.78 trillion current LCU | 8.78 trillion current LCU | Iraq |
| 2010s | 42.48 trillion current LCU | 18.39 trillion current LCU | 24.09 trillion current LCU | Iraq |
| 2020s | 71.20 trillion current LCU | 38.76 trillion current LCU | 32.44 trillion current LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Iraq or Russia?
- Iraq, at 69.57 trillion current LCU against 55.48 trillion current LCU in Russia as of 2024.
- What is the difference in gross capital formation between Iraq and Russia?
- 14.09 trillion current LCU, with Iraq ahead.
- How many years of comparable data are there for Iraq and Russia?
- 37 years are reported by both, from 1988 to 2024.
- How do Iraq and Russia rank globally for gross capital formation?
- Iraq ranks 16th and Russia ranks 18th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.