Australia vs Turkey: Gross capital formation

Australia
439.94 billion current US$
in 2025
Turkey
505.81 billion current US$
in 2025
Australia rank
14th
Turkey rank
12th

Gross capital formation over time

  • Australia
  • Turkey
0200.0B400.0B600.0B196019922025

How they compare

Turkey currently reports 505.81 billion current US$ against 439.94 billion current US$ in Australia, a difference of 65.87 billion current US$.

That makes Turkey's figure about 1.1 times Australia's.

The two have swapped places 1 time across 66 shared years of data; in 1960 it was Australia ahead.

Globally, Australia ranks 14th and Turkey ranks 12th of 186 countries.

Individual pages

About this data

Indicator
Gross capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 10,929 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.