Lao People’s Democratic Republic vs Mongolia: Gross fixed capital formation
Gross fixed 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 12.83 trillion constant LCU in Mongolia, a difference of 21.70 trillion constant LCU.
That makes Lao People’s Democratic Republic's figure about 2.7 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 167 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 fixed capital formation, Lao People’s Democratic Republic or Mongolia?
- Lao People’s Democratic Republic, at 34.53 trillion constant LCU against 12.83 trillion constant LCU in Mongolia as of 2016.
- What is the difference in gross fixed capital formation between Lao People’s Democratic Republic and Mongolia?
- 21.70 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 fixed capital formation?
- Lao People’s Democratic Republic ranks 16th 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.
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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 varies by country. This series is expressed in local currency units.