Argentina vs North Macedonia: Gross fixed capital formation
Gross fixed capital formation over time
- Argentina
- North Macedonia
How they compare
North Macedonia currently reports 154.64 billion constant LCU against 144.91 billion constant LCU in Argentina, a difference of 9.72 billion constant LCU.
That makes North Macedonia's figure about 1.1 times Argentina's.
The two have swapped places 8 times across 35 shared years of data; in 1990 it was North Macedonia ahead.
Globally, Argentina ranks 89th and North Macedonia ranks 87th 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.