Gross fixed capital formation, private sector in Mongolia

Mongolia: Gross fixed capital formation, private sector was 1.46 trillion current LCU in 2007. ◆ Volatile

Latest (2007)
1.46 trillion current LCU
Change on year
up 24.2%
World rank
32nd
of 105 countries
All-time high
1.46 trillion current LCU
in 2007
All-time low
81.39 billion current LCU
in 1995
Years of data
13
1995–2007

Gross fixed capital formation, private sector in Mongolia, 1995–2007

0500.0B1.0T1.5T1995200120071995: 81.4B current LCU1996: 165.3B current LCU1997: 195.3B current LCU1998: 251.2B current LCU1999: 303.7B current LCU2000: 272.3B current LCU2001: 258.9B current LCU2002: 299.2B current LCU2003: 477.6B current LCU2004: 587.8B current LCU2005: 784.9B current LCU2006: 1.2T current LCU2007: 1.5T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Mongolia recorded 1.46 trillion current LCU for gross fixed capital formation, private sector in 2007. That is the highest value across all 13 years on record.

That represents a change of up 24.2% on the previous year and up 649.8% over ten years.

Over the whole period, gross fixed capital formation, private sector in Mongolia peaked at 1.46 trillion current LCU in 2007 and was at its lowest, 81.39 billion current LCU, in 1995.

Mongolia ranks 32nd of 105 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 199.39 billion current LCU 81.39 billion current LCU 303.74 billion current LCU 5
2000s 665.41 billion current LCU 258.91 billion current LCU 1.46 trillion current LCU 8

Countries ranked near Mongolia

  1. 29 Guinea 1.69 trillion current LCU compare
  2. 30 Serbia 1.62 trillion current LCU compare
  3. 31 Colombia 1.55 trillion current LCU compare
  4. 33 Chad 1.39 trillion current LCU compare
  5. 34 Saudi Arabia 1.29 trillion current LCU compare
  6. 35 Egypt 1.20 trillion current LCU compare

See the full ranking of 105 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross fixed capital formation, private sector in Mongolia?
Gross fixed capital formation, private sector in Mongolia was 1.46 trillion current LCU in 2007, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation, private sector recorded in Mongolia?
The highest recorded value was 1.46 trillion current LCU in 2007.
What is the lowest gross fixed capital formation, private sector recorded in Mongolia?
The lowest recorded value was 81.39 billion current LCU in 1995.
How does Mongolia rank for gross fixed capital formation, private sector?
Mongolia ranks 32nd out of 105 countries with data for 2007.
Is gross fixed capital formation, private sector rising or falling in Mongolia?
Over the last ten years it is up 649.8%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation, private sector (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
105 places, 3,078 data points, 1960–2025
Last refreshed

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.