Algeria vs Philippines: Gross capital formation
Gross capital formation over time
- Algeria
- Philippines
How they compare
Algeria currently reports 5.48 trillion constant LCU against 5.19 trillion constant LCU in Philippines, a difference of 298.49 billion constant LCU.
That makes Algeria's figure about 1.1 times Philippines's.
The two have swapped places 6 times across 54 shared years of data; in 1972 it was Algeria ahead.
Globally, Algeria ranks 31st and Philippines ranks 34th of 169 countries.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.