Mongolia vs World: Gross Fixed Capital Formation — Value US$, annual growth rate
Mongolia
22.81 % change on previous year
in 2024
World
3.99 % change on previous year
in 2024
Mongolia rank
14th
World rank
16th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Mongolia
- World
How they compare
Mongolia currently reports 22.81 % change on previous year against 3.99 % change on previous year in World, a difference of 18.82 % change on previous year.
That makes Mongolia's figure about 5.7 times World's.
The two have swapped places 21 times across 54 shared years of data; in 1971 it was World ahead.
Mongolia ranks 14th and World ranks 16th of 235 countries.
Across the 6 decades both report, Mongolia averaged higher in 4 and World in 2.
Head to head by decade
| Decade | Mongolia | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 13.18 % change on previous year | 15.44 % change on previous year | 2.26 % change on previous year | World |
| 1980s | 12.01 % change on previous year | 5.71 % change on previous year | 6.3 % change on previous year | Mongolia |
| 1990s | 1.08 % change on previous year | 4.17 % change on previous year | 3.08 % change on previous year | World |
| 2000s | 18.05 % change on previous year | 6.75 % change on previous year | 11.3 % change on previous year | Mongolia |
| 2010s | 15.49 % change on previous year | 4.8 % change on previous year | 10.69 % change on previous year | Mongolia |
| 2020s | 12.7 % change on previous year | 4.75 % change on previous year | 7.96 % 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$, annual growth rate, Mongolia or World?
- Mongolia, at 22.81 % change on previous year against 3.99 % change on previous year in World as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Mongolia and World?
- 18.82 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and World?
- 54 years are reported by both, from 1971 to 2024.
- How do Mongolia and World rank globally for gross fixed capital formation — value us$, annual growth rate?
- Mongolia ranks 14th and World ranks 16th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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.