Australia vs Yemen: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Australia
- Yemen
How they compare
Yemen currently reports 619.18 billion current LCU against 565.23 billion current LCU in Australia, a difference of 53.95 billion current LCU.
That makes Yemen's figure about 1.1 times Australia's.
The two have swapped places 5 times across 29 shared years of data; in 1990 it was Australia ahead.
Globally, Australia ranks 43rd and Yemen ranks 42nd 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.