Lao People's Democratic Republic vs Russian Federation: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Lao People's Democratic Republic
- Russian Federation
How they compare
Lao People's Democratic Republic currently reports 27.34 trillion current LCU against 21.93 trillion current LCU in Russian Federation, a difference of 5.41 trillion current LCU.
That makes Lao People's Democratic Republic's figure about 1.2 times Russian Federation's.
The two have swapped places 1 time across 17 shared years of data; in 2000 it was Russian Federation ahead.
Lao People's Democratic Republic ranks 9th and Russian Federation ranks 10th of 105 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.24 trillion current LCU | 3.84 trillion current LCU | 2.39 trillion current LCU | Lao People's Democratic Republic |
| 2010s | 19.50 trillion current LCU | 12.95 trillion current LCU | 6.55 trillion current LCU | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Lao People's Democratic Republic or Russian Federation?
- Lao People's Democratic Republic, at 27.34 trillion current LCU against 21.93 trillion current LCU in Russian Federation as of 2016.
- What is the difference in gross fixed capital formation, private sector between Lao People's Democratic Republic and Russian Federation?
- 5.41 trillion current LCU, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Russian Federation?
- 17 years are reported by both, from 2000 to 2016.
- How do Lao People's Democratic Republic and Russian Federation rank globally for gross fixed capital formation, private sector?
- Lao People's Democratic Republic ranks 9th and Russian Federation ranks 10th 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.