Italy vs South America: Gross Fixed Capital Formation — Value US$
Gross Fixed Capital Formation — Value US$ over time
- Italy
- South America
How they compare
South America currently reports 753,486 million USD against 523,201 million USD in Italy, a difference of 230,285 million USD.
That makes South America's figure about 1.4 times Italy's.
The two have swapped places 7 times across 55 shared years of data; in 1970 it was Italy ahead.
Italy ranks 9th and South America ranks 16th of 203 countries.
Across the 6 decades both report, Italy averaged higher in 3 and South America in 3.
Head to head by decade
| Decade | Italy | South America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 56,167 million USD | 60,391 million USD | 4,224 million USD | South America |
| 1980s | 139,475 million USD | 115,520 million USD | 23,954 million USD | Italy |
| 1990s | 251,686 million USD | 231,739 million USD | 19,947 million USD | Italy |
| 2000s | 380,504 million USD | 343,270 million USD | 37,234 million USD | Italy |
| 2010s | 377,402 million USD | 771,367 million USD | 393,965 million USD | South America |
| 2020s | 462,369 million USD | 678,160 million USD | 215,791 million USD | South America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, Italy or South America?
- South America, at 753,486 million USD against 523,201 million USD in Italy as of 2024.
- What is the difference in gross fixed capital formation — value us$ between Italy and South America?
- 230,285 million USD, with South America ahead.
- How many years of comparable data are there for Italy and South America?
- 55 years are reported by both, from 1970 to 2024.
- How do Italy and South America rank globally for gross fixed capital formation — value us$?
- Italy ranks 9th and South America ranks 16th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. 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).