Latin America & the Caribbean (IDA & IBRD countries) vs Mongolia: Gross fixed capital formation
Gross fixed capital formation over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Mongolia
How they compare
Mongolia currently reports 28.0% against 18.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 9.1%.
That makes Mongolia's figure about 1.5 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 4 times across 45 shared years of data; in 1981 it was Mongolia ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 40th and Mongolia ranks 40th of 43 groups.
Mongolia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 20.2% | 54.8% | 34.6% | Mongolia |
| 1990s | 19.3% | 24.7% | 5.3% | Mongolia |
| 2000s | 19.2% | 28.7% | 9.5% | Mongolia |
| 2010s | 20.0% | 31.0% | 11.0% | Mongolia |
| 2020s | 19.2% | 26.8% | 7.6% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Latin America & the Caribbean (IDA & IBRD countries) or Mongolia?
- Mongolia, at 28.0% against 18.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross fixed capital formation between Latin America & the Caribbean (IDA & IBRD countries) and Mongolia?
- 9.1%, with Mongolia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Mongolia rank globally for gross fixed capital formation?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 40th and Mongolia ranks 40th 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.