Australia vs Equatorial Guinea: Gross Fixed Capital Formation — Value Standard Local Currency
Gross Fixed Capital Formation — Value Standard Local Currency over time
- Australia
- Equatorial Guinea
How they compare
Equatorial Guinea currently reports 799,829 million SLC against 703,358 million SLC in Australia, a difference of 96,471 million SLC.
That makes Equatorial Guinea's figure about 1.1 times Australia's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Australia ahead.
Australia ranks 66th and Equatorial Guinea ranks 64th of 202 countries.
Across the 6 decades both report, Australia averaged higher in 3 and Equatorial Guinea in 3.
Head to head by decade
| Decade | Australia | Equatorial Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21,740 million SLC | 1,540 million SLC | 20,200 million SLC | Australia |
| 1980s | 72,487 million SLC | 6,964 million SLC | 65,522 million SLC | Australia |
| 1990s | 127,876 million SLC | 121,037 million SLC | 6,840 million SLC | Australia |
| 2000s | 264,694 million SLC | 1.40 million million SLC | 1.14 million million SLC | Equatorial Guinea |
| 2010s | 426,705 million SLC | 2.46 million million SLC | 2.03 million million SLC | Equatorial Guinea |
| 2020s | 592,492 million SLC | 660,350 million SLC | 67,858 million SLC | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, Australia or Equatorial Guinea?
- Equatorial Guinea, at 799,829 million SLC against 703,358 million SLC in Australia as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency between Australia and Equatorial Guinea?
- 96,471 million SLC, with Equatorial Guinea ahead.
- How many years of comparable data are there for Australia and Equatorial Guinea?
- 55 years are reported by both, from 1970 to 2024.
- How do Australia and Equatorial Guinea rank globally for gross fixed capital formation — value standard local currency?
- Australia ranks 66th and Equatorial Guinea ranks 64th of 202 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).