Lao People's Democratic Republic vs Saudi Arabia: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Lao People's Democratic Republic
- Saudi Arabia
How they compare
Lao People's Democratic Republic currently reports 4.3% against 4.1% in Saudi Arabia, a difference of 0.2%.
That makes Lao People's Democratic Republic's figure about 1.1 times Saudi Arabia's.
The two have swapped places 2 times across 13 shared years of data; in 2010 it was Lao People's Democratic Republic ahead.
Lao People's Democratic Republic ranks 51st and Saudi Arabia ranks 54th of 156 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.8% | 7.7% | 1.2% | Lao People's Democratic Republic |
| 2020s | 5.1% | 3.9% | 1.2% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Lao People's Democratic Republic or Saudi Arabia?
- Lao People's Democratic Republic, at 4.3% against 4.1% in Saudi Arabia as of 2022.
- What is the difference in net investment in nonfinancial assets between Lao People's Democratic Republic and Saudi Arabia?
- 0.2%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Saudi Arabia?
- 13 years are reported by both, from 2010 to 2022.
- How do Lao People's Democratic Republic and Saudi Arabia rank globally for net investment in nonfinancial assets?
- Lao People's Democratic Republic ranks 51st and Saudi Arabia ranks 54th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial assets (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.