North Macedonia vs Uruguay: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- North Macedonia
- Uruguay
How they compare
Uruguay currently reports 239.96 billion current LCU against 184.24 billion current LCU in North Macedonia, a difference of 55.72 billion current LCU.
That makes Uruguay's figure about 1.3 times North Macedonia's.
The two have swapped places 1 time across 16 shared years of data; in 2000 it was North Macedonia ahead.
North Macedonia ranks 54th and Uruguay ranks 51st of 105 countries.
Uruguay has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | North Macedonia | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 54.27 billion current LCU | 56.93 billion current LCU | 2.65 billion current LCU | Uruguay |
| 2010s | 84.92 billion current LCU | 195.64 billion current LCU | 110.73 billion current LCU | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, North Macedonia or Uruguay?
- Uruguay, at 239.96 billion current LCU against 184.24 billion current LCU in North Macedonia as of 2015.
- What is the difference in gross fixed capital formation, private sector between North Macedonia and Uruguay?
- 55.72 billion current LCU, with Uruguay ahead.
- How many years of comparable data are there for North Macedonia and Uruguay?
- 16 years are reported by both, from 2000 to 2015.
- How do North Macedonia and Uruguay rank globally for gross fixed capital formation, private sector?
- North Macedonia ranks 54th and Uruguay ranks 51st 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.