OECD members vs United Kingdom: Gross capital formation
Gross capital formation over time
- OECD members
- United Kingdom
How they compare
OECD members currently reports 12.80 trillion constant 2015 US$ against 664.58 billion constant 2015 US$ in United Kingdom, a difference of 12.14 trillion constant 2015 US$.
That makes OECD members's figure about 19.3 times United Kingdom's.
Across all 55 years both countries report, OECD members has been ahead every year.
OECD members ranks 4th and United Kingdom ranks 6th of 38 groups.
OECD members has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | OECD members | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.99 trillion constant 2015 US$ | 188.81 billion constant 2015 US$ | 3.80 trillion constant 2015 US$ | OECD members |
| 1980s | 5.04 trillion constant 2015 US$ | 214.38 billion constant 2015 US$ | 4.83 trillion constant 2015 US$ | OECD members |
| 1990s | 7.08 trillion constant 2015 US$ | 308.35 billion constant 2015 US$ | 6.77 trillion constant 2015 US$ | OECD members |
| 2000s | 9.19 trillion constant 2015 US$ | 429.15 billion constant 2015 US$ | 8.76 trillion constant 2015 US$ | OECD members |
| 2010s | 10.45 trillion constant 2015 US$ | 508.00 billion constant 2015 US$ | 9.94 trillion constant 2015 US$ | OECD members |
| 2020s | 12.38 trillion constant 2015 US$ | 578.48 billion constant 2015 US$ | 11.81 trillion constant 2015 US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, OECD members or United Kingdom?
- OECD members, at 12.80 trillion constant 2015 US$ against 664.58 billion constant 2015 US$ in United Kingdom as of 2024.
- What is the difference in gross capital formation between OECD members and United Kingdom?
- 12.14 trillion constant 2015 US$, with OECD members ahead.
- How many years of comparable data are there for OECD members and United Kingdom?
- 55 years are reported by both, from 1970 to 2024.
- How do OECD members and United Kingdom rank globally for gross capital formation?
- OECD members ranks 4th and United Kingdom ranks 6th of 38 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.