Hungary vs Mongolia: Gross fixed capital formation
Gross fixed capital formation over time
- Hungary
- Mongolia
How they compare
Mongolia currently reports 12.83 trillion constant LCU against 11.31 trillion constant LCU in Hungary, a difference of 1.52 trillion constant LCU.
That makes Mongolia's figure about 1.1 times Hungary's.
The two have swapped places 3 times across 16 shared years of data; in 2010 it was Hungary ahead.
Globally, Hungary ranks 20th and Mongolia ranks 19th 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.