Australia vs European Union: Gross fixed capital formation (constant 2015 US$)
Gross fixed capital formation (constant 2015 US$) over time
- Australia
- European Union
How they compare
European Union currently reports 3.39 trillion constant 2015 US$ against 417.59 billion constant 2015 US$ in Australia, a difference of 2.97 trillion constant 2015 US$.
That makes European Union's figure about 8.1 times Australia's.
Across all 56 years both countries report, European Union has been ahead every year.
Australia ranks 9th and European Union ranks 8th of 161 countries.
European Union has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 66.15 billion constant 2015 US$ | 1.39 trillion constant 2015 US$ | 1.32 trillion constant 2015 US$ | European Union |
| 1980s | 100.26 billion constant 2015 US$ | 1.57 trillion constant 2015 US$ | 1.47 trillion constant 2015 US$ | European Union |
| 1990s | 138.30 billion constant 2015 US$ | 2.03 trillion constant 2015 US$ | 1.89 trillion constant 2015 US$ | European Union |
| 2000s | 241.52 billion constant 2015 US$ | 2.63 trillion constant 2015 US$ | 2.39 trillion constant 2015 US$ | European Union |
| 2010s | 350.02 billion constant 2015 US$ | 2.78 trillion constant 2015 US$ | 2.43 trillion constant 2015 US$ | European Union |
| 2020s | 386.34 billion constant 2015 US$ | 3.27 trillion constant 2015 US$ | 2.88 trillion constant 2015 US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Australia or European Union?
- European Union, at 3.39 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 European Union?
- 2.97 trillion constant 2015 US$, with European Union ahead.
- How many years of comparable data are there for Australia and European Union?
- 56 years are reported by both, from 1970 to 2025.
- How do Australia and European Union rank globally for gross fixed capital formation?
- Australia ranks 9th and European Union ranks 8th of 161 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). 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.