Namibia vs Nicaragua: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Namibia
- Nicaragua
How they compare
Nicaragua currently reports 123.04 billion current LCU against 53.67 billion current LCU in Namibia, a difference of 69.37 billion current LCU.
That makes Nicaragua's figure about 2.3 times Namibia's.
Across all 13 years both countries report, Nicaragua has been ahead every year.
Globally, Namibia ranks 64th and Nicaragua ranks 61st 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.