Australia and New Zealand vs Melanesia: Gross Fixed Capital Formation — Value US$, 2015 prices
Gross Fixed Capital Formation — Value US$, 2015 prices over time
- Australia and New Zealand
- Melanesia
How they compare
Australia and New Zealand currently reports 453,936 million USD against 6,546 million USD in Melanesia, a difference of 447,390 million USD.
That makes Australia and New Zealand's figure about 69.3 times Melanesia's.
Across all 55 years both countries report, Australia and New Zealand has been ahead every year.
Australia and New Zealand ranks 10th and Melanesia ranks 12th of 203 countries.
Australia and New Zealand has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia and New Zealand | Melanesia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 72,281 million USD | 2,000 million USD | 70,281 million USD | Australia and New Zealand |
| 1980s | 109,738 million USD | 1,838 million USD | 107,900 million USD | Australia and New Zealand |
| 1990s | 150,556 million USD | 2,639 million USD | 147,916 million USD | Australia and New Zealand |
| 2000s | 263,693 million USD | 4,552 million USD | 259,141 million USD | Australia and New Zealand |
| 2010s | 365,910 million USD | 7,613 million USD | 358,297 million USD | Australia and New Zealand |
| 2020s | 419,581 million USD | 6,317 million USD | 413,264 million USD | Australia and New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, 2015 prices, Australia and New Zealand or Melanesia?
- Australia and New Zealand, at 453,936 million USD against 6,546 million USD in Melanesia as of 2024.
- What is the difference in gross fixed capital formation — value us$, 2015 prices between Australia and New Zealand and Melanesia?
- 447,390 million USD, with Australia and New Zealand ahead.
- How many years of comparable data are there for Australia and New Zealand and Melanesia?
- 55 years are reported by both, from 1970 to 2024.
- How do Australia and New Zealand and Melanesia rank globally for gross fixed capital formation — value us$, 2015 prices?
- Australia and New Zealand ranks 10th and Melanesia ranks 12th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$, 2015 prices. 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).