Australia vs Turkey: Gross fixed capital formation (current US$)
Gross fixed capital formation (current US$) over time
- Australia
- Turkey
How they compare
Turkey currently reports 488.63 billion current US$ against 437.56 billion current US$ in Australia, a difference of 51.08 billion current US$.
That makes Turkey's figure about 1.1 times Australia's.
The two have swapped places 1 time across 58 shared years of data; in 1968 it was Australia ahead.
Australia ranks 13th and Turkey ranks 12th of 181 countries.
Australia has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 11.07 billion current US$ | 2.20 billion current US$ | 8.87 billion current US$ | Australia |
| 1970s | 23.47 billion current US$ | 7.01 billion current US$ | 16.47 billion current US$ | Australia |
| 1980s | 54.82 billion current US$ | 14.22 billion current US$ | 40.60 billion current US$ | Australia |
| 1990s | 88.47 billion current US$ | 48.10 billion current US$ | 40.37 billion current US$ | Australia |
| 2000s | 176.22 billion current US$ | 117.28 billion current US$ | 58.94 billion current US$ | Australia |
| 2010s | 358.78 billion current US$ | 245.16 billion current US$ | 113.62 billion current US$ | Australia |
| 2020s | 385.09 billion current US$ | 335.97 billion current US$ | 49.12 billion current US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Australia or Turkey?
- Turkey, at 488.63 billion current US$ against 437.56 billion current US$ in Australia as of 2025.
- What is the difference in gross fixed capital formation between Australia and Turkey?
- 51.08 billion current US$, with Turkey ahead.
- How many years of comparable data are there for Australia and Turkey?
- 58 years are reported by both, from 1968 to 2025.
- How do Australia and Turkey rank globally for gross fixed capital formation?
- Australia ranks 13th and Turkey ranks 12th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.