China vs Iraq: Gross fixed capital formation
Gross fixed capital formation over time
- China
- Iraq
How they compare
China currently reports 53.45 trillion current LCU against 52.19 trillion current LCU in Iraq, a difference of 1.26 trillion current LCU.
The two have swapped places 8 times across 55 shared years of data; in 1970 it was China ahead.
China ranks 17th and Iraq ranks 18th of 180 countries.
Across the 6 decades both report, China averaged higher in 4 and Iraq in 2.
Head to head by decade
| Decade | China | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 81.16 billion current LCU | 1.01 billion current LCU | 80.15 billion current LCU | China |
| 1980s | 268.18 billion current LCU | 4.85 billion current LCU | 263.33 billion current LCU | China |
| 1990s | 1.75 trillion current LCU | 166.77 billion current LCU | 1.59 trillion current LCU | China |
| 2000s | 7.75 trillion current LCU | 8.35 trillion current LCU | 606.06 billion current LCU | Iraq |
| 2010s | 29.67 trillion current LCU | 41.69 trillion current LCU | 12.02 trillion current LCU | Iraq |
| 2020s | 49.71 trillion current LCU | 36.84 trillion current LCU | 12.87 trillion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, China or Iraq?
- China, at 53.45 trillion current LCU against 52.19 trillion current LCU in Iraq as of 2024.
- What is the difference in gross fixed capital formation between China and Iraq?
- 1.26 trillion current LCU, with China ahead.
- How many years of comparable data are there for China and Iraq?
- 55 years are reported by both, from 1970 to 2024.
- How do China and Iraq rank globally for gross fixed capital formation?
- China ranks 17th and Iraq ranks 18th of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.