Argentina vs Belgium: Gross fixed capital formation
Gross fixed capital formation over time
- Argentina
- Belgium
How they compare
Argentina currently reports 144.91 billion constant LCU against 125.53 billion constant LCU in Belgium, a difference of 19.38 billion constant LCU.
That makes Argentina's figure about 1.2 times Belgium's.
The two have swapped places 8 times across 56 shared years of data; in 1970 it was Argentina ahead.
Globally, Argentina ranks 89th and Belgium ranks 91st of 167 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 varies by country. This series is expressed in local currency units.