Gross fixed capital formation (constant LCU) - Country Ranking - Oceania
Definition: 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. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also: Thematic map, Time series comparison
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 448,759,000,000.00 | 2020 |
| 2 | New Zealand | 66,072,040,000.00 | 2020 |
| 3 | Vanuatu | 34,203,000,000.00 | 2020 |
| 4 | Papua New Guinea | 1,712,489,000.00 | 2004 |
| 5 | Solomon Islands | 789,000,000.00 | 2020 |
| 6 | Tonga | 212,144,800.00 | 2020 |
| 7 | Kiribati | 65,147,000.00 | 2018 |
More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |
Base Period: varies by country
Periodicity: Annual
