Australia vs Spain: Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- Spain
How they compare
Australia currently reports 437.56 billion current US$ against 392.89 billion current US$ in Spain, a difference of 44.66 billion current US$.
That makes Australia's figure about 1.1 times Spain's.
The two have swapped places 4 times across 56 shared years of data; in 1970 it was Australia ahead.
Globally, Australia ranks 13th and Spain ranks 16th of 180 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.