Armenia vs Niger: Gross fixed capital formation
Gross fixed capital formation over time
- Armenia
- Niger
How they compare
Niger currently reports 2.43 trillion constant LCU against 1.94 trillion constant LCU in Armenia, a difference of 485.40 billion constant LCU.
That makes Niger's figure about 1.3 times Armenia's.
The two have swapped places 2 times across 32 shared years of data; in 1994 it was Niger ahead.
Globally, Armenia ranks 44th and Niger ranks 42nd 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.