Australia vs Least developed countries: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- Australia
- Least developed countries
How they compare
Australia currently reports 17.3% against 6.1% in Least developed countries, a difference of 11.2%.
That makes Australia's figure about 2.9 times Least developed countries's.
Across all 37 years both countries report, Australia has been ahead every year.
Australia ranks 47th and Least developed countries ranks 47th of 204 countries.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 16.7% | 6.3% | 10.4% | Australia |
| 1990s | 17.3% | 7.4% | 9.9% | Australia |
| 2000s | 17.0% | 7.8% | 9.3% | Australia |
| 2010s | 17.6% | 8.2% | 9.4% | Australia |
| 2020s | 17.5% | 6.1% | 11.5% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, Australia or Least developed countries?
- Australia, at 17.3% against 6.1% in Least developed countries as of 2021.
- What is the difference in adjusted savings: consumption of fixed capital between Australia and Least developed countries?
- 11.2%, with Australia ahead.
- How many years of comparable data are there for Australia and Least developed countries?
- 37 years are reported by both, from 1981 to 2021.
- How do Australia and Least developed countries rank globally for adjusted savings: consumption of fixed capital?
- Australia ranks 47th and Least developed countries ranks 47th 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.
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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.