Australia vs Italy: Gross fixed capital formation

Australia
417.59 billion constant 2015 US$
in 2025
Italy
474.73 billion constant 2015 US$
in 2025
Australia rank
9th
Italy rank
8th

Gross fixed capital formation over time

  • Australia
  • Italy
0100.0B200.0B300.0B400.0B500.0B196019922025

How they compare

Italy currently reports 474.73 billion constant 2015 US$ against 417.59 billion constant 2015 US$ in Australia, a difference of 57.14 billion constant 2015 US$.

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

The two have swapped places 2 times across 56 shared years of data; in 1970 it was Italy ahead.

Globally, Australia ranks 9th and Italy ranks 8th of 160 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 8,101 data points, 1960–2025
Last refreshed

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.