Australia vs Upper middle income: Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- Upper middle income
How they compare
Upper middle income currently reports 10.46 trillion current US$ against 437.56 billion current US$ in Australia, a difference of 10.03 trillion current US$.
That makes Upper middle income's figure about 23.9 times Australia's.
Across all 65 years both countries report, Upper middle income has been ahead every year.
Australia ranks 13th and Upper middle income ranks 10th of 179 countries.
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.