Iraq vs Lao People's Democratic Republic: Gross fixed capital formation
Gross fixed capital formation over time
- Iraq
- Lao People's Democratic Republic
How they compare
Iraq currently reports 52.19 trillion current LCU against 37.50 trillion current LCU in Lao People's Democratic Republic, a difference of 14.69 trillion current LCU.
That makes Iraq's figure about 1.4 times Lao People's Democratic Republic's.
The two have swapped places 9 times across 22 shared years of data; in 1984 it was Iraq ahead.
Iraq ranks 18th and Lao People's Democratic Republic ranks 21st of 180 countries.
Across the 3 decades both report, Iraq averaged higher in 1 and Lao People's Democratic Republic in 2.
Head to head by decade
| Decade | Iraq | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.13 billion current LCU | 14.82 billion current LCU | 10.69 billion current LCU | Lao People's Democratic Republic |
| 2000s | 8.35 trillion current LCU | 8.85 trillion current LCU | 493.36 billion current LCU | Lao People's Democratic Republic |
| 2010s | 41.70 trillion current LCU | 28.22 trillion current LCU | 13.48 trillion current LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Iraq or Lao People's Democratic Republic?
- Iraq, at 52.19 trillion current LCU against 37.50 trillion current LCU in Lao People's Democratic Republic as of 2024.
- What is the difference in gross fixed capital formation between Iraq and Lao People's Democratic Republic?
- 14.69 trillion current LCU, with Iraq ahead.
- How many years of comparable data are there for Iraq and Lao People's Democratic Republic?
- 22 years are reported by both, from 1984 to 2016.
- How do Iraq and Lao People's Democratic Republic rank globally for gross fixed capital formation?
- Iraq ranks 18th and Lao People's Democratic Republic ranks 21st 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.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.