Australia vs Turkey: Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- Turkey
How they compare
Australia currently reports 655.84 billion constant LCU against 636.65 billion constant LCU in Turkey, a difference of 19.20 billion constant LCU.
Across all 39 years both countries report, Australia has been ahead every year.
Australia ranks 61st and Turkey ranks 63rd of 167 countries.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 183.01 billion constant LCU | 80.80 billion constant LCU | 102.21 billion constant LCU | Australia |
| 1990s | 217.21 billion constant LCU | 117.00 billion constant LCU | 100.21 billion constant LCU | Australia |
| 2000s | 379.32 billion constant LCU | 208.16 billion constant LCU | 171.16 billion constant LCU | Australia |
| 2010s | 549.72 billion constant LCU | 421.80 billion constant LCU | 127.92 billion constant LCU | Australia |
| 2020s | 606.77 billion constant LCU | 558.64 billion constant LCU | 48.13 billion constant LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Australia or Turkey?
- Australia, at 655.84 billion constant LCU against 636.65 billion constant LCU in Turkey as of 2025.
- What is the difference in gross fixed capital formation between Australia and Turkey?
- 19.20 billion constant LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Turkey?
- 39 years are reported by both, from 1987 to 2025.
- How do Australia and Turkey rank globally for gross fixed capital formation?
- Australia ranks 61st and Turkey ranks 63rd of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant LCU). 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 varies by country. This series is expressed in local currency units.