Least Developed Countries (LDCs) vs Mongolia: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth

Least Developed Countries (LDCs)
6.33 % change on previous year
in 2024
Mongolia
19.72 % change on previous year
in 2024
Least Developed Countries (LDCs) rank
5th
Mongolia rank
8th

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth over time

  • Least Developed Countries (LDCs)
  • Mongolia
-1000100200300197119972024

How they compare

Mongolia currently reports 19.72 % change on previous year against 6.33 % change on previous year in Least Developed Countries (LDCs), a difference of 13.39 % change on previous year.

That makes Mongolia's figure about 3.1 times Least Developed Countries (LDCs)'s.

The two have swapped places 30 times across 54 shared years of data; in 1971 it was Mongolia ahead.

Least Developed Countries (LDCs) ranks 5th and Mongolia ranks 8th of 30 groups.

Across the 6 decades both report, Least Developed Countries (LDCs) averaged higher in 1 and Mongolia in 5.

Head to head by decade

Decade Least Developed Countries (LDCs) Mongolia Difference Ahead
1970s 4.21 % change on previous year 6.15 % change on previous year 1.94 % change on previous year Mongolia
1980s -1.2 % change on previous year 7.17 % change on previous year 8.37 % change on previous year Mongolia
1990s 7.72 % change on previous year 20.97 % change on previous year 13.24 % change on previous year Mongolia
2000s 8.55 % change on previous year 5.35 % change on previous year 3.21 % change on previous year Least Developed Countries (LDCs)
2010s 6.28 % change on previous year 12.44 % change on previous year 6.16 % change on previous year Mongolia
2020s 6.04 % change on previous year 7.31 % change on previous year 1.27 % 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 us$, 2015 prices, annual growth, Least Developed Countries (LDCs) or Mongolia?
Mongolia, at 19.72 % change on previous year against 6.33 % change on previous year in Least Developed Countries (LDCs) as of 2024.
What is the difference in gross fixed capital formation — value us$, 2015 prices, annual growth between Least Developed Countries (LDCs) and Mongolia?
13.39 % change on previous year, with Mongolia ahead.
How many years of comparable data are there for Least Developed Countries (LDCs) and Mongolia?
54 years are reported by both, from 1971 to 2024.
How do Least Developed Countries (LDCs) and Mongolia rank globally for gross fixed capital formation — value us$, 2015 prices, annual growth?
Least Developed Countries (LDCs) ranks 5th and Mongolia ranks 8th of 30 groups.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Least Developed Countries (LDCs) vs Mongolia: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-annual-growth-rate/least-developed-countries-ldcs/mongolia/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.