New Caledonia vs Switzerland: Gross fixed capital formation
Gross fixed capital formation over time
- New Caledonia
- Switzerland
How they compare
Switzerland currently reports 225.53 billion current LCU against 208.58 billion current LCU in New Caledonia, a difference of 16.95 billion current LCU.
That makes Switzerland's figure about 1.1 times New Caledonia's.
The two have swapped places 2 times across 28 shared years of data; in 1990 it was Switzerland ahead.
Globally, New Caledonia ranks 98th and Switzerland ranks 95th 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.