Australia vs Iceland: Produced capital per capita

Australia
334,480 real chained 2019 US$
in 2020
Iceland
394,151 real chained 2019 US$
in 2020
Australia rank
4th
Iceland rank
3rd

Produced capital per capita over time

  • Australia
  • Iceland
0100.0k200.0k300.0k400.0k199520072020

How they compare

Iceland currently reports 394,151 real chained 2019 US$ against 334,480 real chained 2019 US$ in Australia, a difference of 59,671 real chained 2019 US$.

That makes Iceland's figure about 1.2 times Australia's.

Across all 26 years both countries report, Iceland has been ahead every year.

Australia ranks 4th and Iceland ranks 3rd of 150 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Australia Iceland Difference Ahead
1990s 203,927 real chained 2019 US$ 295,146 real chained 2019 US$ 91,219 real chained 2019 US$ Iceland
2000s 243,741 real chained 2019 US$ 363,350 real chained 2019 US$ 119,609 real chained 2019 US$ Iceland
2010s 310,291 real chained 2019 US$ 389,393 real chained 2019 US$ 79,103 real chained 2019 US$ Iceland
2020s 334,480 real chained 2019 US$ 394,151 real chained 2019 US$ 59,671 real chained 2019 US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher produced capital per capita, Australia or Iceland?
Iceland, at 394,151 real chained 2019 US$ against 334,480 real chained 2019 US$ in Australia as of 2020.
What is the difference in produced capital per capita between Australia and Iceland?
59,671 real chained 2019 US$, with Iceland ahead.
How many years of comparable data are there for Australia and Iceland?
26 years are reported by both, from 1995 to 2020.
How do Australia and Iceland rank globally for produced capital per capita?
Australia ranks 4th and Iceland ranks 3rd of 150 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Produced capital per capita (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Produced capital per capita (real chained 2019 US$)
Unit
real chained 2019 US$
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.