Asia vs Mongolia: Gross Fixed Capital Formation — Value US$, annual growth rate
Asia
4.69 % change on previous year
in 2024
Mongolia
22.81 % change on previous year
in 2024
Asia rank
14th
Mongolia rank
14th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Asia
- Mongolia
How they compare
Mongolia currently reports 22.81 % change on previous year against 4.69 % change on previous year in Asia, a difference of 18.12 % change on previous year.
That makes Mongolia's figure about 4.9 times Asia's.
The two have swapped places 24 times across 54 shared years of data; in 1971 it was Mongolia ahead.
Asia ranks 14th and Mongolia ranks 14th of 30 groups.
Across the 6 decades both report, Asia averaged higher in 2 and Mongolia in 4.
Head to head by decade
| Decade | Asia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 19.13 % change on previous year | 13.18 % change on previous year | 5.96 % change on previous year | Asia |
| 1980s | 9.33 % change on previous year | 12.01 % change on previous year | 2.68 % change on previous year | Mongolia |
| 1990s | 5 % change on previous year | 1.08 % change on previous year | 3.91 % change on previous year | Asia |
| 2000s | 8.98 % change on previous year | 18.05 % change on previous year | 9.07 % change on previous year | Mongolia |
| 2010s | 7.19 % change on previous year | 15.49 % change on previous year | 8.3 % change on previous year | Mongolia |
| 2020s | 4.34 % change on previous year | 12.7 % change on previous year | 8.37 % 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$, annual growth rate, Asia or Mongolia?
- Mongolia, at 22.81 % change on previous year against 4.69 % change on previous year in Asia as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Asia and Mongolia?
- 18.12 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Asia and Mongolia?
- 54 years are reported by both, from 1971 to 2024.
- How do Asia and Mongolia rank globally for gross fixed capital formation — value us$, annual growth rate?
- Asia ranks 14th and Mongolia ranks 14th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.