Gross fixed capital formation (annual % growth) - Country Ranking - Oceania
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also: Thematic map, Time series comparison
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Vanuatu | 20.04 | 2020 |
| 2 | Kiribati | 14.53 | 2018 |
| 3 | Papua New Guinea | -0.48 | 2004 |
| 4 | Australia | -2.47 | 2020 |
| 5 | New Zealand | -4.25 | 2020 |
| 6 | Tonga | -5.47 | 2020 |
| 7 | Solomon Islands | -37.38 | 2020 |
More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |
Aggregation method: Weighted average
Periodicity: Annual
