Chad vs Saudi Arabia: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Chad
- Saudi Arabia
How they compare
Chad currently reports 1.39 trillion current LCU against 1.29 trillion current LCU in Saudi Arabia, a difference of 104.91 billion current LCU.
That makes Chad's figure about 1.1 times Saudi Arabia's.
The two have swapped places 2 times across 25 shared years of data; in 2001 it was Chad ahead.
Globally, Chad ranks 33rd and Saudi Arabia ranks 34th of 105 countries.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.