Iraq vs Mongolia: Gross fixed capital formation
Gross fixed capital formation over time
- Iraq
- Mongolia
How they compare
Mongolia currently reports 12.83 trillion constant LCU against 10.13 trillion constant LCU in Iraq, a difference of 2.70 trillion constant LCU.
That makes Mongolia's figure about 1.3 times Iraq's.
The two have swapped places 1 time across 15 shared years of data; in 2010 it was Iraq ahead.
Iraq ranks 22nd and Mongolia ranks 19th of 167 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 | 32.49 trillion constant LCU | 6.43 trillion constant LCU | 26.06 trillion constant LCU | Iraq |
| 2020s | 16.59 trillion constant LCU | 9.09 trillion constant LCU | 7.51 trillion constant LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Iraq or Mongolia?
- Mongolia, at 12.83 trillion constant LCU against 10.13 trillion constant LCU in Iraq as of 2025.
- What is the difference in gross fixed capital formation between Iraq and Mongolia?
- 2.70 trillion constant LCU, with Mongolia 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 fixed capital formation?
- Iraq ranks 22nd and Mongolia ranks 19th of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed 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 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 varies by country. This series is expressed in local currency units.