Australia vs Poland: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Australia
- Poland
How they compare
Australia currently reports 565.23 billion current LCU against 446.24 billion current LCU in Poland, a difference of 118.99 billion current LCU.
That makes Australia's figure about 1.3 times Poland's.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Australia ahead.
Globally, Australia ranks 43rd and Poland ranks 46th of 105 countries.
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About this data
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.