Laos vs Mongolia: Gross fixed capital formation
Gross fixed capital formation over time
- Laos
- Mongolia
How they compare
Laos currently reports 34.53 trillion constant LCU against 12.83 trillion constant LCU in Mongolia, a difference of 21.70 trillion constant LCU.
That makes Laos's figure about 2.7 times Mongolia's.
Across all 7 years both countries report, Laos has been ahead every year.
Globally, Laos ranks 16th 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.