Belgium vs Nicaragua: Gross fixed capital formation
Gross fixed capital formation over time
- Belgium
- Nicaragua
How they compare
Nicaragua currently reports 200.44 billion current LCU against 153.41 billion current LCU in Belgium, a difference of 47.04 billion current LCU.
That makes Nicaragua's figure about 1.3 times Belgium's.
The two have swapped places 3 times across 20 shared years of data; in 2006 it was Belgium ahead.
Globally, Belgium ranks 102nd and Nicaragua ranks 99th of 180 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.