Statizoid

Iraq vs Mongolia: Gross fixed capital formation

Iraq
10.13 trillion constant LCU
in 2024
Mongolia
12.83 trillion constant LCU
in 2025
Iraq rank
22nd
Mongolia rank
19th

Gross fixed capital formation over time

  • Iraq
  • Mongolia
010.0T20.0T30.0T40.0T50.0T200720162025

How they compare

Mongolia currently reports 12.83 trillion constant LCU against 10.13 trillion constant LCU in Iraq, a difference of 2.70 trillion constant LCU.

That makes Mongolia's figure about 1.3 times Iraq's.

The two have swapped places 1 time across 15 shared years of data; in 2010 it was Iraq ahead.

Globally, Iraq ranks 22nd and Mongolia ranks 19th of 167 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 6,948 data points, 1960–2025
Last refreshed

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.