Chile vs Paraguay: Gross fixed capital formation
Gross fixed capital formation over time
- Chile
- Paraguay
How they compare
Paraguay currently reports 55.34 trillion constant LCU against 52.11 trillion constant LCU in Chile, a difference of 3.23 trillion constant LCU.
That makes Paraguay's figure about 1.1 times Chile's.
The two have swapped places 3 times across 64 shared years of data; in 1962 it was Chile ahead.
Globally, Chile ranks 13th and Paraguay ranks 11th 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.