Iraq vs Libya: Gross fixed capital formation
Gross fixed capital formation over time
- Iraq
- Libya
How they compare
Iraq currently reports 14.4% against 14.3% in Libya, a difference of 0.1%.
The two have swapped places 9 times across 35 shared years of data; in 1990 it was Libya ahead.
Iraq ranks 159th and Libya ranks 160th of 181 countries.
Across the 4 decades both report, Iraq averaged higher in 1 and Libya in 3.
Head to head by decade
| Decade | Iraq | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.0% | 12.6% | 8.6% | Libya |
| 2000s | 9.4% | 16.2% | 6.8% | Libya |
| 2010s | 17.9% | 17.8% | 0.1% | Iraq |
| 2020s | 10.9% | 12.7% | 1.8% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Iraq or Libya?
- Iraq, at 14.4% against 14.3% in Libya as of 2024.
- What is the difference in gross fixed capital formation between Iraq and Libya?
- 0.1%, with Iraq ahead.
- How many years of comparable data are there for Iraq and Libya?
- 35 years are reported by both, from 1990 to 2024.
- How do Iraq and Libya rank globally for gross fixed capital formation?
- Iraq ranks 159th and Libya ranks 160th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.