Georgia vs Mongolia: Gross Fixed Capital Formation — Value Standard Local Currency, annual
Georgia
16.73 % change on previous year
in 2024
Mongolia
20.13 % change on previous year
in 2024
Georgia rank
23rd
Mongolia rank
21st
Gross Fixed Capital Formation — Value Standard Local Currency, annual over time
- Georgia
- Mongolia
How they compare
Mongolia currently reports 20.13 % change on previous year against 16.73 % change on previous year in Georgia, a difference of 3.4 % change on previous year.
That makes Mongolia's figure about 1.2 times Georgia's.
The two have swapped places 13 times across 32 shared years of data; in 1992 it was Georgia ahead.
Georgia ranks 23rd and Mongolia ranks 21st of 230 countries.
Across the 4 decades both report, Georgia averaged higher in 1 and Mongolia in 3.
Head to head by decade
| Decade | Georgia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 242.3 % change on previous year | 125.19 % change on previous year | 117.11 % change on previous year | Georgia |
| 2000s | 7.93 % change on previous year | 20.93 % change on previous year | 13 % change on previous year | Mongolia |
| 2010s | 16.3 % change on previous year | 20.61 % change on previous year | 4.31 % change on previous year | Mongolia |
| 2020s | 11.47 % change on previous year | 18.13 % change on previous year | 6.66 % change on previous year | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, annual, Georgia or Mongolia?
- Mongolia, at 20.13 % change on previous year against 16.73 % change on previous year in Georgia as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, annual between Georgia and Mongolia?
- 3.4 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Georgia and Mongolia?
- 32 years are reported by both, from 1992 to 2024.
- How do Georgia and Mongolia rank globally for gross fixed capital formation — value standard local currency, annual?
- Georgia ranks 23rd 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.
Individual pages
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.