India vs Tanzania: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- India
- Tanzania
How they compare
India currently reports 80.37 trillion current LCU against 52.79 trillion current LCU in Tanzania, a difference of 27.58 trillion current LCU.
That makes India's figure about 1.5 times Tanzania's.
Across all 14 years both countries report, India has been ahead every year.
India ranks 2nd and Tanzania ranks 4th of 105 countries.
India has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 35.38 trillion current LCU | 22.41 trillion current LCU | 12.97 trillion current LCU | India |
| 2020s | 65.73 trillion current LCU | 40.84 trillion current LCU | 24.90 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, India or Tanzania?
- India, at 80.37 trillion current LCU against 52.79 trillion current LCU in Tanzania as of 2023.
- What is the difference in gross fixed capital formation, private sector between India and Tanzania?
- 27.58 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Tanzania?
- 14 years are reported by both, from 2010 to 2023.
- How do India and Tanzania rank globally for gross fixed capital formation, private sector?
- India ranks 2nd and Tanzania ranks 4th 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.
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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.