Oceania vs Saudi Arabia: Gross Fixed Capital Formation — Value US$
Gross Fixed Capital Formation — Value US$ over time
- Oceania
- Saudi Arabia
How they compare
Oceania currently reports 538,945 million USD against 311,076 million USD in Saudi Arabia, a difference of 227,869 million USD.
That makes Oceania's figure about 1.7 times Saudi Arabia's.
Across all 55 years both countries report, Oceania has been ahead every year.
Oceania ranks 18th and Saudi Arabia ranks 17th of 29 groups.
Oceania has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Oceania | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 30,666 million USD | 10,147 million USD | 20,519 million USD | Oceania |
| 1980s | 69,971 million USD | 27,251 million USD | 42,720 million USD | Oceania |
| 1990s | 106,658 million USD | 27,629 million USD | 79,029 million USD | Oceania |
| 2000s | 219,830 million USD | 65,746 million USD | 154,084 million USD | Oceania |
| 2010s | 414,936 million USD | 171,423 million USD | 243,513 million USD | Oceania |
| 2020s | 477,266 million USD | 254,271 million USD | 222,995 million USD | Oceania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, Oceania or Saudi Arabia?
- Oceania, at 538,945 million USD against 311,076 million USD in Saudi Arabia as of 2024.
- What is the difference in gross fixed capital formation — value us$ between Oceania and Saudi Arabia?
- 227,869 million USD, with Oceania ahead.
- How many years of comparable data are there for Oceania and Saudi Arabia?
- 55 years are reported by both, from 1970 to 2024.
- How do Oceania and Saudi Arabia rank globally for gross fixed capital formation — value us$?
- Oceania ranks 18th and Saudi Arabia ranks 17th of 29 groups.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. 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).