Australia vs South Korea: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- Australia
- South Korea
How they compare
South Korea currently reports 378.07 billion current US$ against 265.79 billion current US$ in Australia, a difference of 112.27 billion current US$.
That makes South Korea's figure about 1.4 times Australia's.
The two have swapped places 3 times across 52 shared years of data; in 1970 it was Australia ahead.
Australia ranks 12th and South Korea ranks 9th of 206 countries.
Across the 6 decades both report, Australia averaged higher in 2 and South Korea in 4.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 13.27 billion current US$ | 2.08 billion current US$ | 11.18 billion current US$ | Australia |
| 1980s | 32.05 billion current US$ | 13.44 billion current US$ | 18.61 billion current US$ | Australia |
| 1990s | 60.01 billion current US$ | 65.47 billion current US$ | 5.46 billion current US$ | South Korea |
| 2000s | 107.63 billion current US$ | 145.46 billion current US$ | 37.84 billion current US$ | South Korea |
| 2010s | 236.71 billion current US$ | 272.77 billion current US$ | 36.06 billion current US$ | South Korea |
| 2020s | 248.07 billion current US$ | 358.39 billion current US$ | 110.31 billion current US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, Australia or South Korea?
- South Korea, at 378.07 billion current US$ against 265.79 billion current US$ in Australia as of 2021.
- What is the difference in adjusted savings: consumption of fixed capital between Australia and South Korea?
- 112.27 billion current US$, with South Korea ahead.
- How many years of comparable data are there for Australia and South Korea?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and South Korea rank globally for adjusted savings: consumption of fixed capital?
- Australia ranks 12th and South Korea ranks 9th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: consumption of fixed capital (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.