Australia vs Italy: Gross Fixed Capital Formation — Value US$, 2015 prices
Gross Fixed Capital Formation — Value US$, 2015 prices over time
- Australia
- Italy
How they compare
Italy currently reports 471,911 million USD against 399,804 million USD in Australia, a difference of 72,107 million USD.
That makes Italy's figure about 1.2 times Australia's.
The two have swapped places 4 times across 55 shared years of data; in 1970 it was Italy ahead.
Australia ranks 11th and Italy ranks 9th of 203 countries.
Italy has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 63,076 million USD | 228,963 million USD | 165,887 million USD | Italy |
| 1980s | 97,249 million USD | 276,385 million USD | 179,135 million USD | Italy |
| 1990s | 133,599 million USD | 330,357 million USD | 196,758 million USD | Italy |
| 2000s | 234,972 million USD | 415,622 million USD | 180,650 million USD | Italy |
| 2010s | 326,698 million USD | 342,706 million USD | 16,009 million USD | Italy |
| 2020s | 367,859 million USD | 421,653 million USD | 53,793 million USD | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, 2015 prices, Australia or Italy?
- Italy, at 471,911 million USD against 399,804 million USD in Australia as of 2024.
- What is the difference in gross fixed capital formation — value us$, 2015 prices between Australia and Italy?
- 72,107 million USD, with Italy ahead.
- How many years of comparable data are there for Australia and Italy?
- 55 years are reported by both, from 1970 to 2024.
- How do Australia and Italy rank globally for gross fixed capital formation — value us$, 2015 prices?
- Australia ranks 11th and Italy ranks 9th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$, 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).