Laos vs Mongolia: Gross fixed capital formation
Gross fixed capital formation over time
- Laos
- Mongolia
How they compare
Laos currently reports 37.50 trillion current LCU against 25.20 trillion current LCU in Mongolia, a difference of 12.30 trillion current LCU.
That makes Laos's figure about 1.5 times Mongolia's.
The two have swapped places 1 time across 22 shared years of data; in 1984 it was Mongolia ahead.
Laos ranks 21st and Mongolia ranks 24th of 180 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 14.82 billion current LCU | 4.67 billion current LCU | 10.15 billion current LCU | Laos |
| 2000s | 8.85 trillion current LCU | 1.04 trillion current LCU | 7.81 trillion current LCU | Laos |
| 2010s | 28.22 trillion current LCU | 5.69 trillion current LCU | 22.53 trillion current LCU | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Laos or Mongolia?
- Laos, at 37.50 trillion current LCU against 25.20 trillion current LCU in Mongolia as of 2016.
- What is the difference in gross fixed capital formation between Laos and Mongolia?
- 12.30 trillion current LCU, with Laos ahead.
- How many years of comparable data are there for Laos and Mongolia?
- 22 years are reported by both, from 1984 to 2016.
- How do Laos and Mongolia rank globally for gross fixed capital formation?
- Laos ranks 21st and Mongolia ranks 24th 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.