Australia vs Turkey: Gross fixed capital formation

Australia
655.84 billion constant LCU
in 2025
Turkey
636.65 billion constant LCU
in 2025
Australia rank
61st
Turkey rank
63rd

Gross fixed capital formation over time

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

How they compare

Australia currently reports 655.84 billion constant LCU against 636.65 billion constant LCU in Turkey, a difference of 19.20 billion constant LCU.

Across all 39 years both countries report, Australia has been ahead every year.

Globally, Australia ranks 61st and Turkey ranks 63rd of 167 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 6,948 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 varies by country. This series is expressed in local currency units.