Namibia vs Turkmenistan: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Namibia
- Turkmenistan
How they compare
Namibia currently reports 53.67 billion current LCU against 39.24 billion current LCU in Turkmenistan, a difference of 14.43 billion current LCU.
That makes Namibia's figure about 1.4 times Turkmenistan's.
The two have swapped places 1 time across 12 shared years of data; in 2013 it was Turkmenistan ahead.
Globally, Namibia ranks 64th and Turkmenistan ranks 66th 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.