Statizoid

Australia vs Venezuela: Gross fixed capital formation

Australia
676.07 billion current LCU
in 2025
Venezuela
754.41 billion current LCU
in 2025
Australia rank
71st
Venezuela rank
68th

Gross fixed capital formation over time

  • Australia
  • Venezuela
0200.0B400.0B600.0B800.0B196019922025

How they compare

Venezuela currently reports 754.41 billion current LCU against 676.07 billion current LCU in Australia, a difference of 78.34 billion current LCU.

That makes Venezuela'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 71st and Venezuela ranks 68th of 180 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.