Australia vs Sri Lanka: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Australia
- Sri Lanka
How they compare
Sri Lanka currently reports 838.63 billion current LCU against 565.23 billion current LCU in Australia, a difference of 273.40 billion current LCU.
That makes Sri Lanka's figure about 1.5 times Australia's.
The two have swapped places 1 time across 45 shared years of data; in 1965 it was Australia ahead.
Globally, Australia ranks 43rd and Sri Lanka ranks 40th 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.