Statizoid

Colombia vs Mongolia: Gross fixed capital formation, private sector

Colombia
1.55 trillion current LCU
in 1989
Mongolia
1.46 trillion current LCU
in 2007
Colombia rank
31st
Mongolia rank
32nd

Gross fixed capital formation, private sector over time

  • Colombia
  • Mongolia
0500.0B1.0T1.5T197019882007

How they compare

Colombia currently reports 1.55 trillion current LCU against 1.46 trillion current LCU in Mongolia, a difference of 85.63 billion current LCU.

That makes Colombia's figure about 1.1 times Mongolia's.

Globally, Colombia ranks 31st and Mongolia ranks 32nd of 105 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation, private sector (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
105 places, 3,078 data points, 1960–2025
Last refreshed

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.