Latin America & Caribbean (excluding high income) vs Spain: Gross fixed capital formation
Gross fixed capital formation over time
- Latin America & Caribbean (excluding high income)
- Spain
How they compare
Latin America & Caribbean (excluding high income) currently reports 981.15 billion constant 2015 US$ against 303.70 billion constant 2015 US$ in Spain, a difference of 677.46 billion constant 2015 US$.
That makes Latin America & Caribbean (excluding high income)'s figure about 3.2 times Spain's.
Across all 56 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 17th and Spain ranks 15th of 33 groups.
Latin America & Caribbean (excluding high income) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 347.13 billion constant 2015 US$ | 97.38 billion constant 2015 US$ | 249.75 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 1980s | 412.19 billion constant 2015 US$ | 107.95 billion constant 2015 US$ | 304.24 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 1990s | 486.72 billion constant 2015 US$ | 165.42 billion constant 2015 US$ | 321.30 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2000s | 631.02 billion constant 2015 US$ | 270.30 billion constant 2015 US$ | 360.71 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2010s | 904.18 billion constant 2015 US$ | 229.52 billion constant 2015 US$ | 674.66 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2020s | 911.69 billion constant 2015 US$ | 270.83 billion constant 2015 US$ | 640.86 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Latin America & Caribbean (excluding high income) or Spain?
- Latin America & Caribbean (excluding high income), at 981.15 billion constant 2015 US$ against 303.70 billion constant 2015 US$ in Spain as of 2025.
- What is the difference in gross fixed capital formation between Latin America & Caribbean (excluding high income) and Spain?
- 677.46 billion constant 2015 US$, with Latin America & Caribbean (excluding high income) ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Spain?
- 56 years are reported by both, from 1970 to 2025.
- How do Latin America & Caribbean (excluding high income) and Spain rank globally for gross fixed capital formation?
- Latin America & Caribbean (excluding high income) ranks 17th and Spain ranks 15th of 33 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.