Australia vs Canada: Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- Canada
How they compare
Australia currently reports 417.59 billion constant 2015 US$ against 399.43 billion constant 2015 US$ in Canada, a difference of 18.16 billion constant 2015 US$.
The two have swapped places 3 times across 65 shared years of data; in 1961 it was Canada ahead.
Globally, Australia ranks 9th and Canada ranks 12th of 160 countries.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.