Ecuador vs Panama: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Ecuador
- Panama
How they compare
Panama currently reports 21.98 billion current LCU against 18.61 billion current LCU in Ecuador, a difference of 3.37 billion current LCU.
That makes Panama's figure about 1.2 times Ecuador's.
The two have swapped places 5 times across 43 shared years of data; in 1965 it was Ecuador ahead.
Ecuador ranks 75th and Panama ranks 72nd of 105 countries.
Across the 6 decades both report, Ecuador averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 175.98 million current LCU | 139.78 million current LCU | 36.20 million current LCU | Ecuador |
| 1970s | 706.28 million current LCU | 284.57 million current LCU | 421.72 million current LCU | Ecuador |
| 1980s | 1.43 billion current LCU | 650.78 million current LCU | 776.20 million current LCU | Ecuador |
| 1990s | 1.75 billion current LCU | 1.24 billion current LCU | 501.86 million current LCU | Ecuador |
| 2010s | 12.55 billion current LCU | 17.92 billion current LCU | 5.37 billion current LCU | Panama |
| 2020s | 16.18 billion current LCU | 18.01 billion current LCU | 1.83 billion current LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Ecuador or Panama?
- Panama, at 21.98 billion current LCU against 18.61 billion current LCU in Ecuador as of 2024.
- What is the difference in gross fixed capital formation, private sector between Ecuador and Panama?
- 3.37 billion current LCU, with Panama ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 43 years are reported by both, from 1965 to 2023.
- How do Ecuador and Panama rank globally for gross fixed capital formation, private sector?
- Ecuador ranks 75th and Panama ranks 72nd of 105 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation, private sector (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.