Iraq vs Laos: Gross fixed capital formation

Iraq

52.19 trillion current LCU

in 2024

Laos

37.50 trillion current LCU

in 2016

Iraq rank

18th

Laos rank

21st

Gross fixed capital formation over time

Iraq
Laos

How they compare

Iraq currently reports 52.19 trillion current LCU against 37.50 trillion current LCU in Laos, a difference of 14.69 trillion current LCU.

That makes Iraq's figure about 1.4 times Laos's.

The two have swapped places 9 times across 22 shared years of data; in 1984 it was Iraq ahead.

Globally, Iraq ranks 18th and Laos ranks 21st 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: 06 August 2026

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.