Macao vs Panama: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Macao
- Panama
How they compare
Macao currently reports 30.52 billion current LCU against 21.98 billion current LCU in Panama, a difference of 8.53 billion current LCU.
That makes Macao's figure about 1.4 times Panama's.
Across all 13 years both countries report, Macao has been ahead every year.
Globally, Macao ranks 70th 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.