Laos vs Saudi Arabia: Net investment in nonfinancial assets (% of GDP)
Net investment in nonfinancial assets (% of GDP) over time
- Laos
- Saudi Arabia
How they compare
Laos currently reports 4.3% against 4.1% in Saudi Arabia, a difference of 0.2%.
That makes Laos'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 Laos ahead.
Laos ranks 51st and Saudi Arabia ranks 53rd of 156 countries.
Laos has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.8% | 7.7% | 1.2% | Laos |
| 2020s | 5.1% | 3.9% | 1.2% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Laos or Saudi Arabia?
- Laos, at 4.3% against 4.1% in Saudi Arabia as of 2022.
- What is the difference in net investment in nonfinancial assets between Laos and Saudi Arabia?
- 0.2%, with Laos ahead.
- How many years of comparable data are there for Laos and Saudi Arabia?
- 13 years are reported by both, from 2010 to 2022.
- How do Laos and Saudi Arabia rank globally for net investment in nonfinancial assets?
- Laos ranks 51st and Saudi Arabia ranks 53rd 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.