Australia vs Iceland: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- Australia
- Iceland
How they compare
Australia currently reports 17.3% against 17.2% in Iceland, a difference of 0.1%.
The two have swapped places 3 times across 52 shared years of data; in 1970 it was Iceland ahead.
Australia ranks 47th and Iceland ranks 48th of 204 countries.
Across the 6 decades both report, Australia averaged higher in 3 and Iceland in 3.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 15.8% | 20.9% | 5.1% | Iceland |
| 1980s | 16.4% | 20.6% | 4.2% | Iceland |
| 1990s | 17.3% | 15.9% | 1.4% | Australia |
| 2000s | 17.0% | 15.3% | 1.7% | Australia |
| 2010s | 17.6% | 17.7% | 0.0% | Iceland |
| 2020s | 17.5% | 16.8% | 0.7% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, Australia or Iceland?
- Australia, at 17.3% against 17.2% in Iceland as of 2021.
- What is the difference in adjusted savings: consumption of fixed capital between Australia and Iceland?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Iceland?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and Iceland rank globally for adjusted savings: consumption of fixed capital?
- Australia ranks 47th and Iceland ranks 48th of 204 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: consumption of fixed capital (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.