Laos vs Madagascar: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Laos
- Madagascar
How they compare
Laos currently reports 27.34 trillion current LCU against 13.17 trillion current LCU in Madagascar, a difference of 14.17 trillion current LCU.
That makes Laos's figure about 2.1 times Madagascar's.
Across all 17 years both countries report, Laos has been ahead every year.
Globally, Laos ranks 9th and Madagascar ranks 11th 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.