Romania vs Uruguay: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Romania
- Uruguay
How they compare
Romania currently reports 341.66 billion current LCU against 239.96 billion current LCU in Uruguay, a difference of 101.69 billion current LCU.
That makes Romania's figure about 1.4 times Uruguay's.
The two have swapped places 2 times across 21 shared years of data; in 1995 it was Uruguay ahead.
Globally, Romania ranks 48th and Uruguay ranks 51st 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.