Armenia vs Lao People's Democratic Republic: Gross fixed capital formation
Gross fixed capital formation over time
- Armenia
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 4.87 billion constant 2015 US$ against 4.50 billion constant 2015 US$ in Armenia, a difference of 372.61 million constant 2015 US$.
That makes Lao People's Democratic Republic's figure about 1.1 times Armenia's.
The two have swapped places 4 times across 17 shared years of data; in 2000 it was Lao People's Democratic Republic ahead.
Armenia ranks 112th and Lao People's Democratic Republic ranks 109th of 160 countries.
Across the 2 decades both report, Armenia averaged higher in 1 and Lao People's Democratic Republic in 1.
Head to head by decade
| Decade | Armenia | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.02 billion constant 2015 US$ | 1.74 billion constant 2015 US$ | 281.85 million constant 2015 US$ | Armenia |
| 2010s | 2.25 billion constant 2015 US$ | 3.78 billion constant 2015 US$ | 1.52 billion constant 2015 US$ | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Armenia or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 4.87 billion constant 2015 US$ against 4.50 billion constant 2015 US$ in Armenia as of 2016.
- What is the difference in gross fixed capital formation between Armenia and Lao People's Democratic Republic?
- 372.61 million constant 2015 US$, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Armenia and Lao People's Democratic Republic?
- 17 years are reported by both, from 2000 to 2016.
- How do Armenia and Lao People's Democratic Republic rank globally for gross fixed capital formation?
- Armenia ranks 112th and Lao People's Democratic Republic ranks 109th of 160 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.