Mongolia vs Serbia: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Mongolia
- Serbia
How they compare
Serbia currently reports 1.62 trillion current LCU against 1.46 trillion current LCU in Mongolia, a difference of 160.11 billion current LCU.
That makes Serbia's figure about 1.1 times Mongolia's.
Globally, Mongolia ranks 32nd and Serbia ranks 30th of 105 countries.
Individual pages
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.