Statizoid

China vs Iraq: Gross fixed capital formation

China
53.45 trillion current LCU
in 2024
Iraq
52.19 trillion current LCU
in 2024
China rank
17th
Iraq rank
18th

Gross fixed capital formation over time

  • China
  • Iraq
020.0T40.0T60.0T196019922024

How they compare

China currently reports 53.45 trillion current LCU against 52.19 trillion current LCU in Iraq, a difference of 1.26 trillion current LCU.

The two have swapped places 8 times across 55 shared years of data; in 1970 it was China ahead.

Globally, China ranks 17th and Iraq ranks 18th of 180 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.