Australia vs Italy: Produced capital
Australia
8.58 trillion real chained 2019 US$
in 2020
Italy
5.21 trillion real chained 2019 US$
in 2020
Australia rank
6th
Italy rank
9th
Produced capital over time
- Australia
- Italy
How they compare
Australia currently reports 8.58 trillion real chained 2019 US$ against 5.21 trillion real chained 2019 US$ in Italy, a difference of 3.37 trillion real chained 2019 US$.
That makes Australia's figure about 1.6 times Italy's.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Italy ahead.
Australia ranks 6th and Italy ranks 9th of 151 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.76 trillion real chained 2019 US$ | 3.73 trillion real chained 2019 US$ | 30.43 billion real chained 2019 US$ | Australia |
| 2000s | 4.94 trillion real chained 2019 US$ | 4.47 trillion real chained 2019 US$ | 465.17 billion real chained 2019 US$ | Australia |
| 2010s | 7.36 trillion real chained 2019 US$ | 5.12 trillion real chained 2019 US$ | 2.24 trillion real chained 2019 US$ | Australia |
| 2020s | 8.58 trillion real chained 2019 US$ | 5.21 trillion real chained 2019 US$ | 3.37 trillion real chained 2019 US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher produced capital, Australia or Italy?
- Australia, at 8.58 trillion real chained 2019 US$ against 5.21 trillion real chained 2019 US$ in Italy as of 2020.
- What is the difference in produced capital between Australia and Italy?
- 3.37 trillion real chained 2019 US$, with Australia ahead.
- How many years of comparable data are there for Australia and Italy?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Italy rank globally for produced capital?
- Australia ranks 6th and Italy ranks 9th of 151 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Produced capital (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.