Ecuador vs Panama: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Ecuador
- Panama
How they compare
Panama currently reports 21.98 billion current LCU against 18.61 billion current LCU in Ecuador, a difference of 3.37 billion current LCU.
That makes Panama's figure about 1.2 times Ecuador's.
The two have swapped places 5 times across 43 shared years of data; in 1965 it was Ecuador ahead.
Globally, Ecuador ranks 75th and Panama ranks 72nd 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.