Australia vs Europe & Central Asia (IDA & IBRD countries): Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Europe & Central Asia (IDA & IBRD countries) currently reports 1.29 trillion constant 2015 US$ against 417.59 billion constant 2015 US$ in Australia, a difference of 873.39 billion constant 2015 US$.
That makes Europe & Central Asia (IDA & IBRD countries)'s figure about 3.1 times Australia's.
Across all 36 years both countries report, Europe & Central Asia (IDA & IBRD countries) has been ahead every year.
Australia ranks 9th and Europe & Central Asia (IDA & IBRD countries) ranks 11th of 161 countries.
Europe & Central Asia (IDA & IBRD countries) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 138.30 billion constant 2015 US$ | 450.38 billion constant 2015 US$ | 312.08 billion constant 2015 US$ | Europe & Central Asia (IDA & IBRD countries) |
| 2000s | 241.52 billion constant 2015 US$ | 523.00 billion constant 2015 US$ | 281.48 billion constant 2015 US$ | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 350.02 billion constant 2015 US$ | 854.43 billion constant 2015 US$ | 504.41 billion constant 2015 US$ | Europe & Central Asia (IDA & IBRD countries) |
| 2020s | 386.34 billion constant 2015 US$ | 1.12 trillion constant 2015 US$ | 731.85 billion constant 2015 US$ | Europe & Central Asia (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Australia or Europe & Central Asia (IDA & IBRD countries)?
- Europe & Central Asia (IDA & IBRD countries), at 1.29 trillion constant 2015 US$ against 417.59 billion constant 2015 US$ in Australia as of 2025.
- What is the difference in gross fixed capital formation between Australia and Europe & Central Asia (IDA & IBRD countries)?
- 873.39 billion constant 2015 US$, with Europe & Central Asia (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and Europe & Central Asia (IDA & IBRD countries)?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Europe & Central Asia (IDA & IBRD countries) rank globally for gross fixed capital formation?
- Australia ranks 9th and Europe & Central Asia (IDA & IBRD countries) ranks 11th of 161 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.