Laos vs Russia: Gross fixed capital formation
Gross fixed capital formation over time
- Laos
- Russia
How they compare
Laos currently reports 34.53 trillion constant LCU against 26.77 trillion constant LCU in Russia, a difference of 7.76 trillion constant LCU.
That makes Laos's figure about 1.3 times Russia's.
The two have swapped places 3 times across 17 shared years of data; in 2000 it was Russia ahead.
Globally, Laos ranks 16th and Russia ranks 17th 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.