Somalia vs Tanzania: Gross fixed capital formation
Gross fixed capital formation over time
- Somalia
- Tanzania
How they compare
Somalia currently reports 97.53 trillion constant LCU against 68.96 trillion constant LCU in Tanzania, a difference of 28.58 trillion constant LCU.
That makes Somalia's figure about 1.4 times Tanzania's.
The two have swapped places 1 time across 13 shared years of data; in 2013 it was Tanzania ahead.
Globally, Somalia ranks 9th and Tanzania ranks 10th 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.