Italy vs United Arab Emirates: Gross capital formation
Gross capital formation over time
- Italy
- United Arab Emirates
How they compare
United Arab Emirates currently reports 494.55 billion constant LCU against 424.14 billion constant LCU in Italy, a difference of 70.41 billion constant LCU.
That makes United Arab Emirates's figure about 1.2 times Italy's.
The two have swapped places 3 times across 23 shared years of data; in 2001 it was Italy ahead.
Italy ranks 70th and United Arab Emirates ranks 68th of 170 countries.
Italy has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Italy | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 390.22 billion constant LCU | 207.62 billion constant LCU | 182.60 billion constant LCU | Italy |
| 2010s | 319.76 billion constant LCU | 308.59 billion constant LCU | 11.16 billion constant LCU | Italy |
| 2020s | 381.92 billion constant LCU | 380.46 billion constant LCU | 1.47 billion constant LCU | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Italy or United Arab Emirates?
- United Arab Emirates, at 494.55 billion constant LCU against 424.14 billion constant LCU in Italy as of 2023.
- What is the difference in gross capital formation between Italy and United Arab Emirates?
- 70.41 billion constant LCU, with United Arab Emirates ahead.
- How many years of comparable data are there for Italy and United Arab Emirates?
- 23 years are reported by both, from 2001 to 2023.
- How do Italy and United Arab Emirates rank globally for gross capital formation?
- Italy ranks 70th and United Arab Emirates ranks 68th of 170 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant LCU). 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 varies by country. This series is expressed in local currency units.