Norway vs Philippines: Gross fixed capital formation
Gross fixed capital formation over time
- Norway
- Philippines
How they compare
Norway currently reports 113.93 billion constant 2015 US$ against 108.48 billion constant 2015 US$ in Philippines, a difference of 5.45 billion constant 2015 US$.
That makes Norway's figure about 1.1 times Philippines's.
Across all 26 years both countries report, Norway has been ahead every year.
Globally, Norway ranks 26th and Philippines ranks 28th of 160 countries.
Individual pages
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.