Australia vs Ghana: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Australia
- Ghana
How they compare
Ghana currently reports 21.11 billion current LCU against 19.74 billion current LCU in Australia, a difference of 1.37 billion current LCU.
That makes Ghana's figure about 1.1 times Australia's.
Across all 22 years both countries report, Australia has been ahead every year.
Australia ranks 82nd and Ghana ranks 81st of 156 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Ghana | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.26 billion current LCU | 992.68 million current LCU | 6.27 billion current LCU | Australia |
| 2010s | 13.87 billion current LCU | 5.17 billion current LCU | 8.70 billion current LCU | Australia |
| 2020s | 19.44 billion current LCU | 15.91 billion current LCU | 3.53 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 Ghana?
- Ghana, at 21.11 billion current LCU against 19.74 billion current LCU in Australia as of 2023.
- What is the difference in net investment in nonfinancial assets between Australia and Ghana?
- 1.37 billion current LCU, with Ghana ahead.
- How many years of comparable data are there for Australia and Ghana?
- 22 years are reported by both, from 2001 to 2022.
- How do Australia and Ghana rank globally for net investment in nonfinancial assets?
- Australia ranks 82nd and Ghana ranks 81st 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.