Ethiopia vs Mongolia: Gross Fixed Capital Formation — Value Standard Local Currency, annual

Ethiopia
24.57 % change on previous year
in 2024
Mongolia
20.13 % change on previous year
in 2024
Ethiopia rank
18th
Mongolia rank
21st

Gross Fixed Capital Formation — Value Standard Local Currency, annual over time

  • Ethiopia
  • Mongolia
0200400600800197119972024

How they compare

Ethiopia currently reports 24.57 % change on previous year against 20.13 % change on previous year in Mongolia, a difference of 4.44 % change on previous year.

That makes Ethiopia's figure about 1.2 times Mongolia's.

The two have swapped places 15 times across 34 shared years of data; in 1991 it was Mongolia ahead.

Ethiopia ranks 18th and Mongolia ranks 21st of 230 countries.

Across the 4 decades both report, Ethiopia averaged higher in 2 and Mongolia in 2.

Head to head by decade

Decade Ethiopia Mongolia Difference Ahead
1990s 25.2 % change on previous year 104.6 % change on previous year 79.41 % change on previous year Mongolia
2000s 20.45 % change on previous year 20.93 % change on previous year 0.4863 % change on previous year Mongolia
2010s 28.44 % change on previous year 20.61 % change on previous year 7.82 % change on previous year Ethiopia
2020s 19.89 % change on previous year 18.13 % change on previous year 1.76 % change on previous year Ethiopia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, annual, Ethiopia or Mongolia?
Ethiopia, at 24.57 % change on previous year against 20.13 % change on previous year in Mongolia as of 2024.
What is the difference in gross fixed capital formation — value standard local currency, annual between Ethiopia and Mongolia?
4.44 % change on previous year, with Ethiopia ahead.
How many years of comparable data are there for Ethiopia and Mongolia?
34 years are reported by both, from 1991 to 2024.
How do Ethiopia and Mongolia rank globally for gross fixed capital formation — value standard local currency, annual?
Ethiopia ranks 18th and Mongolia ranks 21st 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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Ethiopia vs Mongolia: Gross Fixed Capital Formation — Value Standard Local Currency, annual. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/ethiopia/mongolia/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

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.