OECD members vs United Kingdom of Great Britain and Northern Ireland: Gross fixed capital formation
Gross fixed capital formation over time
- OECD members
- United Kingdom of Great Britain and Northern Ireland
How they compare
OECD members currently reports 12.72 trillion constant 2015 US$ against 664.11 billion constant 2015 US$ in United Kingdom of Great Britain and Northern Ireland, a difference of 12.06 trillion constant 2015 US$.
That makes OECD members's figure about 19.2 times United Kingdom of Great Britain and Northern Ireland's.
Across all 55 years both countries report, OECD members has been ahead every year.
OECD members ranks 3rd and United Kingdom of Great Britain and Northern Ireland ranks 5th of 31 groups.
OECD members has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | OECD members | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.71 trillion constant 2015 US$ | 196.90 billion constant 2015 US$ | 3.52 trillion constant 2015 US$ | OECD members |
| 1980s | 4.84 trillion constant 2015 US$ | 229.52 billion constant 2015 US$ | 4.62 trillion constant 2015 US$ | OECD members |
| 1990s | 6.72 trillion constant 2015 US$ | 319.12 billion constant 2015 US$ | 6.40 trillion constant 2015 US$ | OECD members |
| 2000s | 8.90 trillion constant 2015 US$ | 432.95 billion constant 2015 US$ | 8.46 trillion constant 2015 US$ | OECD members |
| 2010s | 10.25 trillion constant 2015 US$ | 511.48 billion constant 2015 US$ | 9.74 trillion constant 2015 US$ | OECD members |
| 2020s | 12.19 trillion constant 2015 US$ | 600.47 billion constant 2015 US$ | 11.59 trillion constant 2015 US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, OECD members or United Kingdom of Great Britain and Northern Ireland?
- OECD members, at 12.72 trillion constant 2015 US$ against 664.11 billion constant 2015 US$ in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in gross fixed capital formation between OECD members and United Kingdom of Great Britain and Northern Ireland?
- 12.06 trillion constant 2015 US$, with OECD members ahead.
- How many years of comparable data are there for OECD members and United Kingdom of Great Britain and Northern Ireland?
- 55 years are reported by both, from 1970 to 2024.
- How do OECD members and United Kingdom of Great Britain and Northern Ireland rank globally for gross fixed capital formation?
- OECD members ranks 3rd and United Kingdom of Great Britain and Northern Ireland ranks 5th of 31 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). 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.