Australia vs Canada: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Australia
- Canada
How they compare
Australia currently reports 19.74 billion current LCU against 17.61 billion current LCU in Canada, a difference of 2.12 billion current LCU.
That makes Australia's figure about 1.1 times Canada's.
The two have swapped places 3 times across 33 shared years of data; in 1990 it was Canada ahead.
Australia ranks 82nd and Canada ranks 85th of 156 countries.
Across the 4 decades both report, Australia averaged higher in 3 and Canada in 1.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.93 billion current LCU | 5.82 billion current LCU | 1.88 billion current LCU | Canada |
| 2000s | 6.65 billion current LCU | 6.41 billion current LCU | 240.60 million current LCU | Australia |
| 2010s | 13.87 billion current LCU | 8.99 billion current LCU | 4.88 billion current LCU | Australia |
| 2020s | 19.44 billion current LCU | 9.89 billion current LCU | 9.55 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Australia or Canada?
- Australia, at 19.74 billion current LCU against 17.61 billion current LCU in Canada as of 2022.
- What is the difference in net investment in nonfinancial assets between Australia and Canada?
- 2.12 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Canada?
- 33 years are reported by both, from 1990 to 2022.
- How do Australia and Canada rank globally for net investment in nonfinancial assets?
- Australia ranks 82nd and Canada ranks 85th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.