Australia vs Venezuela (Bolivarian Republic of): Gross Fixed Capital Formation — Value US$
Gross Fixed Capital Formation — Value US$ over time
- Australia
- Venezuela (Bolivarian Republic of)
How they compare
Australia currently reports 464,153 million USD against 14,501 million USD in Venezuela (Bolivarian Republic of), a difference of 449,652 million USD.
That makes Australia's figure about 32.0 times Venezuela (Bolivarian Republic of)'s.
Across all 55 years both countries report, Australia has been ahead every year.
Australia ranks 12th and Venezuela (Bolivarian Republic of) ranks 10th of 203 countries.
Australia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | Venezuela (Bolivarian Republic of) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 26,273 million USD | 14,581 million USD | 11,692 million USD | Australia |
| 1980s | 60,366 million USD | 19,213 million USD | 41,153 million USD | Australia |
| 1990s | 91,804 million USD | 17,097 million USD | 74,707 million USD | Australia |
| 2000s | 191,929 million USD | 38,352 million USD | 153,578 million USD | Australia |
| 2010s | 363,611 million USD | 57,681 million USD | 305,931 million USD | Australia |
| 2020s | 408,138 million USD | 18,649 million USD | 389,489 million USD | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, Australia or Venezuela (Bolivarian Republic of)?
- Australia, at 464,153 million USD against 14,501 million USD in Venezuela (Bolivarian Republic of) as of 2024.
- What is the difference in gross fixed capital formation — value us$ between Australia and Venezuela (Bolivarian Republic of)?
- 449,652 million USD, with Australia ahead.
- How many years of comparable data are there for Australia and Venezuela (Bolivarian Republic of)?
- 55 years are reported by both, from 1970 to 2024.
- How do Australia and Venezuela (Bolivarian Republic of) rank globally for gross fixed capital formation — value us$?
- Australia ranks 12th and Venezuela (Bolivarian Republic of) ranks 10th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. 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).