Eastern Asia vs Mongolia: Gross Fixed Capital Formation — Value US$, annual growth rate
Eastern Asia
4.25 % change on previous year
in 2024
Mongolia
22.81 % change on previous year
in 2024
Eastern Asia rank
15th
Mongolia rank
14th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Eastern Asia
- Mongolia
How they compare
Mongolia currently reports 22.81 % change on previous year against 4.25 % change on previous year in Eastern Asia, a difference of 18.56 % change on previous year.
That makes Mongolia's figure about 5.4 times Eastern Asia's.
The two have swapped places 24 times across 54 shared years of data; in 1971 it was Mongolia ahead.
Eastern Asia ranks 15th and Mongolia ranks 14th of 30 groups.
Across the 6 decades both report, Eastern Asia averaged higher in 2 and Mongolia in 4.
Head to head by decade
| Decade | Eastern Asia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.43 % change on previous year | 13.18 % change on previous year | 5.25 % change on previous year | Eastern Asia |
| 1980s | 11.13 % change on previous year | 12.01 % change on previous year | 0.8873 % change on previous year | Mongolia |
| 1990s | 4.77 % change on previous year | 1.08 % change on previous year | 3.68 % change on previous year | Eastern Asia |
| 2000s | 7.52 % change on previous year | 18.05 % change on previous year | 10.53 % change on previous year | Mongolia |
| 2010s | 7.82 % change on previous year | 15.49 % change on previous year | 7.67 % change on previous year | Mongolia |
| 2020s | 3.61 % change on previous year | 12.7 % change on previous year | 9.09 % 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$, annual growth rate, Eastern Asia or Mongolia?
- Mongolia, at 22.81 % change on previous year against 4.25 % change on previous year in Eastern Asia as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Eastern Asia and Mongolia?
- 18.56 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Eastern Asia and Mongolia?
- 54 years are reported by both, from 1971 to 2024.
- How do Eastern Asia and Mongolia rank globally for gross fixed capital formation — value us$, annual growth rate?
- Eastern Asia ranks 15th and Mongolia ranks 14th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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.