India vs Tanzania: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- India
- Tanzania
How they compare
India currently reports 80.37 trillion current LCU against 52.79 trillion current LCU in Tanzania, a difference of 27.58 trillion current LCU.
That makes India's figure about 1.5 times Tanzania's.
Across all 14 years both countries report, India has been ahead every year.
Globally, India ranks 2nd and Tanzania ranks 4th 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.