Ecuador vs Luxembourg: Gross Fixed Capital Formation — Value Standard Local Currency, annual
Ecuador
-4.56 % change on previous year
in 2024
Luxembourg
-5.3 % change on previous year
in 2024
Ecuador rank
219th
Luxembourg rank
221st
Gross Fixed Capital Formation — Value Standard Local Currency, annual over time
- Ecuador
- Luxembourg
How they compare
Ecuador currently reports -4.56 % change on previous year against -5.3 % change on previous year in Luxembourg, a difference of 0.74 % change on previous year.
The two have swapped places 27 times across 54 shared years of data; in 1971 it was Luxembourg ahead.
Ecuador ranks 219th and Luxembourg ranks 221st of 230 countries.
Across the 6 decades both report, Ecuador averaged higher in 3 and Luxembourg in 3.
Head to head by decade
| Decade | Ecuador | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 24.13 % change on previous year | 10.15 % change on previous year | 13.98 % change on previous year | Ecuador |
| 1980s | 0.7732 % change on previous year | 10.56 % change on previous year | 9.79 % change on previous year | Luxembourg |
| 1990s | 2.75 % change on previous year | 8.53 % change on previous year | 5.78 % change on previous year | Luxembourg |
| 2000s | 16.3 % change on previous year | 3.56 % change on previous year | 12.75 % change on previous year | Ecuador |
| 2010s | 8.03 % change on previous year | 5.87 % change on previous year | 2.15 % change on previous year | Ecuador |
| 2020s | 1.18 % change on previous year | 4.09 % change on previous year | 2.91 % change on previous year | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, annual, Ecuador or Luxembourg?
- Ecuador, at -4.56 % change on previous year against -5.3 % change on previous year in Luxembourg as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, annual between Ecuador and Luxembourg?
- 0.74 % change on previous year, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Luxembourg?
- 54 years are reported by both, from 1971 to 2024.
- How do Ecuador and Luxembourg rank globally for gross fixed capital formation — value standard local currency, annual?
- Ecuador ranks 219th and Luxembourg ranks 221st of 230 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.