Mongolia vs Saudi Arabia: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Mongolia
- Saudi Arabia
How they compare
Mongolia currently reports 1.46 trillion current LCU against 1.29 trillion current LCU in Saudi Arabia, a difference of 177.51 billion current LCU.
That makes Mongolia's figure about 1.1 times Saudi Arabia's.
The two have swapped places 1 time across 13 shared years of data; in 1995 it was Saudi Arabia ahead.
Mongolia ranks 32nd and Saudi Arabia ranks 34th of 105 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 199.39 billion current LCU | 95.79 billion current LCU | 103.60 billion current LCU | Mongolia |
| 2000s | 665.41 billion current LCU | 162.89 billion current LCU | 502.52 billion current LCU | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Mongolia or Saudi Arabia?
- Mongolia, at 1.46 trillion current LCU against 1.29 trillion current LCU in Saudi Arabia as of 2007.
- What is the difference in gross fixed capital formation, private sector between Mongolia and Saudi Arabia?
- 177.51 billion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Saudi Arabia?
- 13 years are reported by both, from 1995 to 2007.
- How do Mongolia and Saudi Arabia rank globally for gross fixed capital formation, private sector?
- Mongolia ranks 32nd and Saudi Arabia ranks 34th 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.