Lao People's Democratic Republic vs Venezuela, Bolivarian Republic of: Gross fixed capital formation
Gross fixed capital formation over time
- Lao People's Democratic Republic
- Venezuela, Bolivarian Republic of
How they compare
Lao People's Democratic Republic currently reports 4.62 billion current US$ against 4.56 billion current US$ in Venezuela, Bolivarian Republic of, a difference of 56.33 million current US$.
The two have swapped places 2 times across 22 shared years of data; in 1984 it was Venezuela, Bolivarian Republic of ahead.
Lao People's Democratic Republic ranks 122nd and Venezuela, Bolivarian Republic of ranks 123rd of 180 countries.
Across the 3 decades both report, Lao People's Democratic Republic averaged higher in 1 and Venezuela, Bolivarian Republic of in 2.
Head to head by decade
| Decade | Lao People's Democratic Republic | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 118.01 million current US$ | 10.96 billion current US$ | 10.84 billion current US$ | Venezuela, Bolivarian Republic of |
| 2000s | 933.71 million current US$ | 0 current US$ | 933.71 million current US$ | Lao People's Democratic Republic |
| 2010s | 3.50 billion current US$ | 29.22 billion current US$ | 25.71 billion current US$ | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Lao People's Democratic Republic or Venezuela, Bolivarian Republic of?
- Lao People's Democratic Republic, at 4.62 billion current US$ against 4.56 billion current US$ in Venezuela, Bolivarian Republic of as of 2016.
- What is the difference in gross fixed capital formation between Lao People's Democratic Republic and Venezuela, Bolivarian Republic of?
- 56.33 million current US$, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Venezuela, Bolivarian Republic of?
- 22 years are reported by both, from 1984 to 2016.
- How do Lao People's Democratic Republic and Venezuela, Bolivarian Republic of rank globally for gross fixed capital formation?
- Lao People's Democratic Republic ranks 122nd and Venezuela, Bolivarian Republic of ranks 123rd of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.