Australia vs Sri Lanka: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Australia
- Sri Lanka
How they compare
Sri Lanka currently reports 838.63 billion current LCU against 565.23 billion current LCU in Australia, a difference of 273.40 billion current LCU.
That makes Sri Lanka's figure about 1.5 times Australia's.
The two have swapped places 1 time across 45 shared years of data; in 1965 it was Australia ahead.
Australia ranks 43rd and Sri Lanka ranks 40th of 105 countries.
Across the 5 decades both report, Australia averaged higher in 3 and Sri Lanka in 2.
Head to head by decade
| Decade | Australia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.28 billion current LCU | 1.04 billion current LCU | 6.24 billion current LCU | Australia |
| 1970s | 16.27 billion current LCU | 3.31 billion current LCU | 12.96 billion current LCU | Australia |
| 1980s | 56.38 billion current LCU | 29.76 billion current LCU | 26.62 billion current LCU | Australia |
| 1990s | 106.56 billion current LCU | 143.73 billion current LCU | 37.17 billion current LCU | Sri Lanka |
| 2000s | 218.72 billion current LCU | 511.79 billion current LCU | 293.07 billion current LCU | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Australia or Sri Lanka?
- Sri Lanka, at 838.63 billion current LCU against 565.23 billion current LCU in Australia as of 2009.
- What is the difference in gross fixed capital formation, private sector between Australia and Sri Lanka?
- 273.40 billion current LCU, with Sri Lanka ahead.
- How many years of comparable data are there for Australia and Sri Lanka?
- 45 years are reported by both, from 1965 to 2009.
- How do Australia and Sri Lanka rank globally for gross fixed capital formation, private sector?
- Australia ranks 43rd and Sri Lanka ranks 40th of 105 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation, private sector (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.