Annual capital formation by economic activity — Gross fixed capital in Australia
Australia: Annual capital formation by economic activity — Gross fixed capital was 136.15 Index in 2024. ◆ Volatile
Annual capital formation by economic activity — Gross fixed capital in Australia, 1959–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for annual capital formation by economic activity — gross fixed capital in Australia is 136.15 Index, measured in 2024. That is the highest value across all 66 years on record.
That represents a change of up 4.3% on the previous year and up 56.1% over ten years.
Over the whole period, annual capital formation by economic activity — gross fixed capital in Australia peaked at 136.15 Index in 2024 and was at its lowest, 4.66 Index, in 1959.
Australia ranks 9th of 26 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual capital formation by economic activity — Gross fixed capital in Australia, year by year
| Year | Index | Change |
|---|---|---|
| 1959 | 4.66 Index | — |
| 1960 | 4.82 Index | +3.4% |
| 1961 | 4.83 Index | +0.2% |
| 1962 | 4.82 Index | -0.2% |
| 1963 | 4.94 Index | +2.5% |
| 1964 | 5.07 Index | +2.6% |
| 1965 | 5.23 Index | +3.2% |
| 1966 | 5.38 Index | +2.9% |
| 1967 | 5.54 Index | +3.0% |
| 1968 | 5.69 Index | +2.7% |
| 1969 | 5.94 Index | +4.4% |
| 1970 | 6.24 Index | +5.1% |
| 1971 | 6.74 Index | +8.0% |
| 1972 | 7.4 Index | +9.8% |
| 1973 | 8.98 Index | +21.4% |
| 1974 | 10.96 Index | +22.0% |
| 1975 | 12.63 Index | +15.2% |
| 1976 | 14.15 Index | +12.0% |
| 1977 | 15 Index | +6.0% |
| 1978 | 15.46 Index | +3.1% |
| 1979 | 16.55 Index | +7.1% |
| 1980 | 18.57 Index | +12.2% |
| 1981 | 20.87 Index | +12.4% |
| 1982 | 22.91 Index | +9.8% |
| 1983 | 24.02 Index | +4.8% |
| 1984 | 25.75 Index | +7.2% |
| 1985 | 27.94 Index | +8.5% |
| 1986 | 29.7 Index | +6.3% |
| 1987 | 31.67 Index | +6.6% |
| 1988 | 37.01 Index | +16.9% |
| 1989 | 41.32 Index | +11.6% |
| 1990 | 42.76 Index | +3.5% |
| 1991 | 42.9 Index | +0.3% |
| 1992 | 43.12 Index | +0.5% |
| 1993 | 44.01 Index | +2.1% |
| 1994 | 45.23 Index | +2.8% |
| 1995 | 45.43 Index | +0.4% |
| 1996 | 46.03 Index | +1.3% |
| 1997 | 45.65 Index | -0.8% |
| 1998 | 46.74 Index | +2.4% |
| 1999 | 49.56 Index | +6.0% |
| 2000 | 53.51 Index | +8.0% |
| 2001 | 54.73 Index | +2.3% |
| 2002 | 56.87 Index | +3.9% |
| 2003 | 60.46 Index | +6.3% |
| 2004 | 63.73 Index | +5.4% |
| 2005 | 66.14 Index | +3.8% |
| 2006 | 67.81 Index | +2.5% |
| 2007 | 71.36 Index | +5.2% |
| 2008 | 74 Index | +3.7% |
| 2009 | 76.38 Index | +3.2% |
| 2010 | 78.63 Index | +2.9% |
| 2011 | 79.41 Index | +1.0% |
| 2012 | 81.06 Index | +2.1% |
| 2013 | 83.67 Index | +3.2% |
| 2014 | 87.24 Index | +4.3% |
| 2015 | 89.66 Index | +2.8% |
| 2016 | 91.98 Index | +2.6% |
| 2017 | 95.12 Index | +3.4% |
| 2018 | 97.58 Index | +2.6% |
| 2019 | 97.74 Index | +0.2% |
| 2020 | 100 Index | +2.3% |
| 2021 | 109.33 Index | +9.3% |
| 2022 | 124.1 Index | +13.5% |
| 2023 | 130.55 Index | +5.2% |
| 2024 | 136.15 Index | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 4.66 Index | 4.66 Index | 4.66 Index | 1 |
| 1960s | 5.23 Index | 4.82 Index | 5.94 Index | 10 |
| 1970s | 11.41 Index | 6.24 Index | 16.55 Index | 10 |
| 1980s | 27.98 Index | 18.57 Index | 41.32 Index | 10 |
| 1990s | 45.14 Index | 42.76 Index | 49.56 Index | 10 |
| 2000s | 64.5 Index | 53.51 Index | 76.38 Index | 10 |
| 2010s | 88.21 Index | 78.63 Index | 97.74 Index | 10 |
| 2020s | 120.03 Index | 100 Index | 136.15 Index | 5 |
Countries ranked near Australia
- 6 Germany 139.37 Index compare
- 6 Netherlands 124 Index compare
- 7 New Zealand 136.66 Index compare
- 8 Mexico 136.23 Index compare
- 10 Luxembourg 136.08 Index compare
- 11 Canada 134.31 Index compare
- 12 Portugal 133.37 Index compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6749 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 43,958 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.81 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 67,920 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.663 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual capital formation by economic activity — gross fixed capital in Australia?
- Annual capital formation by economic activity — gross fixed capital in Australia was 136.15 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual capital formation by economic activity — gross fixed capital recorded in Australia?
- The highest recorded value was 136.15 Index in 2024.
- What is the lowest annual capital formation by economic activity — gross fixed capital recorded in Australia?
- The lowest recorded value was 4.66 Index in 1959.
- How does Australia rank for annual capital formation by economic activity — gross fixed capital?
- Australia ranks 9th out of 26 countries with data for 2024.
- Is annual capital formation by economic activity — gross fixed capital rising or falling in Australia?
- Over the last ten years it is up 56.1%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual capital formation by economic activity — Gross fixed capital formation. Statizoid updates them automatically from the source API.
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About this data
This table presents gross capital formation, gross fixed capital formation (GFCF, or investment), changes in inventories and acquisition less disposals of valuables broken down by detailed industries based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). GFCF is also available broken down by type of non-financial asset, which can be selected using the ‘Financial instruments and non-financial assets’ filter. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but it is also possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE8A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org