Statizoid

Australia vs Turkey: Gross fixed capital formation

Australia
437.56 billion current US$
in 2025
Turkey
488.63 billion current US$
in 2025
Australia rank
13th
Turkey rank
12th

Gross fixed capital formation over time

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

How they compare

Turkey currently reports 488.63 billion current US$ against 437.56 billion current US$ in Australia, a difference of 51.08 billion current US$.

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

The two have swapped places 1 time across 58 shared years of data; in 1968 it was Australia ahead.

Globally, Australia ranks 13th and Turkey ranks 12th of 180 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 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 indicator is expressed in United States dollars.