Luxembourg vs Uruguay: Gross fixed capital formation
Gross fixed capital formation over time
- Luxembourg
- Uruguay
How they compare
Uruguay currently reports 11.70 billion constant 2015 US$ against 10.29 billion constant 2015 US$ in Luxembourg, a difference of 1.41 billion constant 2015 US$.
That makes Uruguay's figure about 1.1 times Luxembourg's.
The two have swapped places 10 times across 56 shared years of data; in 1970 it was Uruguay ahead.
Globally, Luxembourg ranks 83rd and Uruguay ranks 80th of 160 countries.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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 is 2015. This indicator is expressed in United States dollars.