Australia vs Italy: Human capital
Australia
10.46 trillion real chained 2019 US$
in 2020
Italy
9.93 trillion real chained 2019 US$
in 2020
Australia rank
10th
Italy rank
11th
Human capital over time
- Australia
- Italy
How they compare
Australia currently reports 10.46 trillion real chained 2019 US$ against 9.93 trillion real chained 2019 US$ in Italy, a difference of 530.32 billion real chained 2019 US$.
That makes Australia's figure about 1.1 times Italy's.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Italy ahead.
Australia ranks 10th and Italy ranks 11th of 150 countries.
Across the 4 decades both report, Australia averaged higher in 2 and Italy in 2.
Head to head by decade
| Decade | Australia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.71 trillion real chained 2019 US$ | 7.26 trillion real chained 2019 US$ | 545.50 billion real chained 2019 US$ | Italy |
| 2000s | 7.74 trillion real chained 2019 US$ | 8.45 trillion real chained 2019 US$ | 707.54 billion real chained 2019 US$ | Italy |
| 2010s | 9.28 trillion real chained 2019 US$ | 9.21 trillion real chained 2019 US$ | 70.25 billion real chained 2019 US$ | Australia |
| 2020s | 10.46 trillion real chained 2019 US$ | 9.93 trillion real chained 2019 US$ | 530.32 billion real chained 2019 US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher human capital, Australia or Italy?
- Australia, at 10.46 trillion real chained 2019 US$ against 9.93 trillion real chained 2019 US$ in Italy as of 2020.
- What is the difference in human capital between Australia and Italy?
- 530.32 billion real chained 2019 US$, with Australia ahead.
- How many years of comparable data are there for Australia and Italy?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Italy rank globally for human capital?
- Australia ranks 10th and Italy ranks 11th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Human capital (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.