Australia - ICT Investment
Since 2014, Australia ICT Investment was up 1.2points year on year. With 8.11 Percent of Gross Fixed Capital Formation in 2019, the country was number 25 comparing other countries in ICT Investment. Australia is overtaken by Costa Rica, which was ranked number 24 with 8.16 Percent of Gross Fixed Capital Formation and is followed by Slovakia at 7.21 Percent of Gross Fixed Capital Formation. Sweden lead the ranking with 19.27 Percent of Gross Fixed Capital Formation in 2019, that is a fall of 2.1points compared to 2018. New Zealand, Netherlands and Greece respectively ranked number 2, 3 and 4 in this ranking. Norway witnessed the best average annual growth at +5.9points per year, while Ireland witnessed the worst performance at -9.3points per year.
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| Date | Percent of Gross Fixed Capital Formation |
|---|---|
| 2019 | 8.11 |
| 2018 | 8.00 |
| 2017 | 7.92 |
| 2016 | 7.92 |
| 2015 | 7.80 |
How does Australia rank in ICT Investment?
| # | 30 Countries | Percent of Gross Fixed Capital Formation | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Sweden
|
19.27 % | 2019 | -2.1 % | +1.4 % | View data | |
| 2 |
#2
New Zealand
|
17.60 % | 2019 | +0.6 % | +1.6 % | View data | |
| 24 |
#24
Costa Rica
|
8.16 % | 2019 | +1.3 % | +3.3 % | View data | |
| 25 |
#25
Australia
|
8.11 % | 2019 | +1.3 % | +1.2 % | View data | |
| 26 |
#26
Slovakia
|
7.21 % | 2019 | +9.6 % | +2.6 % | View data | |