Mongolia vs Western Africa: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth
Mongolia
19.72 % change on previous year
in 2024
Western Africa
5.14 % change on previous year
in 2024
Mongolia rank
8th
Western Africa rank
7th
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth over time
- Mongolia
- Western Africa
How they compare
Mongolia currently reports 19.72 % change on previous year against 5.14 % change on previous year in Western Africa, a difference of 14.58 % change on previous year.
That makes Mongolia's figure about 3.8 times Western Africa's.
The two have swapped places 23 times across 54 shared years of data; in 1971 it was Western Africa ahead.
Mongolia ranks 8th and Western Africa ranks 7th of 235 countries.
Across the 6 decades both report, Mongolia averaged higher in 5 and Western Africa in 1.
Head to head by decade
| Decade | Mongolia | Western Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.15 % change on previous year | 9.14 % change on previous year | 3 % change on previous year | Western Africa |
| 1980s | 7.17 % change on previous year | -5.16 % change on previous year | 12.33 % change on previous year | Mongolia |
| 1990s | 20.97 % change on previous year | 2.65 % change on previous year | 18.32 % change on previous year | Mongolia |
| 2000s | 5.35 % change on previous year | 3.42 % change on previous year | 1.93 % change on previous year | Mongolia |
| 2010s | 12.44 % change on previous year | 4.29 % change on previous year | 8.15 % change on previous year | Mongolia |
| 2020s | 7.31 % change on previous year | 2.51 % change on previous year | 4.8 % 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$, 2015 prices, annual growth, Mongolia or Western Africa?
- Mongolia, at 19.72 % change on previous year against 5.14 % change on previous year in Western Africa as of 2024.
- What is the difference in gross fixed capital formation — value us$, 2015 prices, annual growth between Mongolia and Western Africa?
- 14.58 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Western Africa?
- 54 years are reported by both, from 1971 to 2024.
- How do Mongolia and Western Africa rank globally for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Mongolia ranks 8th and Western Africa ranks 7th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.