Latin America & Caribbean vs Somalia: Gross fixed capital formation
Gross fixed capital formation over time
- Latin America & Caribbean
- Somalia
How they compare
Somalia currently reports 28.1% against 18.7% in Latin America & Caribbean, a difference of 9.4%.
That makes Somalia's figure about 1.5 times Latin America & Caribbean's.
The two have swapped places 7 times across 35 shared years of data; in 1970 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 41st and Somalia ranks 39th of 43 groups.
Across the 5 decades both report, Latin America & Caribbean averaged higher in 3 and Somalia in 2.
Head to head by decade
| Decade | Latin America & Caribbean | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 22.2% | 15.1% | 7.1% | Latin America & Caribbean |
| 1980s | 20.5% | 26.7% | 6.2% | Somalia |
| 1990s | 18.6% | 13.2% | 5.4% | Latin America & Caribbean |
| 2010s | 19.4% | 14.4% | 5.0% | Latin America & Caribbean |
| 2020s | 18.9% | 22.7% | 3.8% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Latin America & Caribbean or Somalia?
- Somalia, at 28.1% against 18.7% in Latin America & Caribbean as of 2025.
- What is the difference in gross fixed capital formation between Latin America & Caribbean and Somalia?
- 9.4%, with Somalia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Somalia?
- 35 years are reported by both, from 1970 to 2025.
- How do Latin America & Caribbean and Somalia rank globally for gross fixed capital formation?
- Latin America & Caribbean ranks 41st and Somalia ranks 39th of 43 groups.
- 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.