Australia vs Germany: Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- Germany
How they compare
Germany currently reports 700.76 billion constant LCU against 655.84 billion constant LCU in Australia, a difference of 44.92 billion constant LCU.
That makes Germany's figure about 1.1 times Australia's.
Across all 56 years both countries report, Germany has been ahead every year.
Globally, Australia ranks 61st and Germany ranks 59th of 167 countries.
Individual pages
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 varies by country. This series is expressed in local currency units.