Australia vs Korea: Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- Korea
How they compare
Korea currently reports 519.10 billion constant 2015 US$ against 417.59 billion constant 2015 US$ in Australia, a difference of 101.52 billion constant 2015 US$.
That makes Korea's figure about 1.2 times Australia's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 9th and Korea ranks 7th of 160 countries.
Across the 7 decades both report, Australia averaged higher in 3 and Korea in 4.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 43.60 billion constant 2015 US$ | 4.34 billion constant 2015 US$ | 39.26 billion constant 2015 US$ | Australia |
| 1970s | 66.15 billion constant 2015 US$ | 25.07 billion constant 2015 US$ | 41.08 billion constant 2015 US$ | Australia |
| 1980s | 100.26 billion constant 2015 US$ | 73.64 billion constant 2015 US$ | 26.62 billion constant 2015 US$ | Australia |
| 1990s | 138.30 billion constant 2015 US$ | 219.77 billion constant 2015 US$ | 81.47 billion constant 2015 US$ | Korea |
| 2000s | 241.52 billion constant 2015 US$ | 330.99 billion constant 2015 US$ | 89.47 billion constant 2015 US$ | Korea |
| 2010s | 350.02 billion constant 2015 US$ | 451.87 billion constant 2015 US$ | 101.85 billion constant 2015 US$ | Korea |
| 2020s | 386.34 billion constant 2015 US$ | 533.51 billion constant 2015 US$ | 147.16 billion constant 2015 US$ | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Australia or Korea?
- Korea, at 519.10 billion 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 Korea?
- 101.52 billion constant 2015 US$, with Korea ahead.
- How many years of comparable data are there for Australia and Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and Korea rank globally for gross fixed capital formation?
- Australia ranks 9th and Korea ranks 7th of 160 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.