Algeria vs Australia: Gross fixed capital formation, private sector

Algeria
516.90 billion current LCU
in 1998
Australia
565.23 billion current LCU
in 2025
Algeria rank
44th
Australia rank
43rd

Gross fixed capital formation, private sector over time

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

How they compare

Australia currently reports 565.23 billion current LCU against 516.90 billion current LCU in Algeria, a difference of 48.33 billion current LCU.

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

The two have swapped places 3 times across 29 shared years of data; in 1970 it was Australia ahead.

Globally, Algeria ranks 44th and Australia ranks 43rd of 105 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation, private sector (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
105 places, 3,078 data points, 1960–2025
Last refreshed

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.