Gross capital formation in Australia
Australia: Gross capital formation was 439.94 billion current US$ in 2025. ◆ Volatile
Latest (2025)
439.94 billion current US$
Change on year
up 2.9%
World rank
14th
of 187 countries
All-time high
439.94 billion current US$
in 2025
All-time low
5.66 billion current US$
in 1962
Years of data
66
1960–2025
Gross capital formation in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gross capital formation in Australia stood at 439.94 billion current US$. That is the highest value across all 66 years on record.
The figure is up 2.9% on the previous year and up 23.9% over ten years.
Over the whole period, gross capital formation in Australia peaked at 439.94 billion current US$ in 2025 and was at its lowest, 5.66 billion current US$, in 1962.
Australia ranks 14th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 5.87 billion current US$ | — |
| 1961 | 6.52 billion current US$ | +11.0% |
| 1962 | 5.66 billion current US$ | -13.2% |
| 1963 | 6.64 billion current US$ | +17.2% |
| 1964 | 7.30 billion current US$ | +10.0% |
| 1965 | 8.71 billion current US$ | +19.3% |
| 1966 | 8.91 billion current US$ | +2.2% |
| 1967 | 10.02 billion current US$ | +12.5% |
| 1968 | 10.79 billion current US$ | +7.7% |
| 1969 | 12.34 billion current US$ | +14.3% |
| 1970 | 13.63 billion current US$ | +10.5% |
| 1971 | 14.51 billion current US$ | +6.5% |
| 1972 | 15.83 billion current US$ | +9.1% |
| 1973 | 18.12 billion current US$ | +14.4% |
| 1974 | 27.20 billion current US$ | +50.1% |
| 1975 | 26.08 billion current US$ | -4.1% |
| 1976 | 27.76 billion current US$ | +6.4% |
| 1977 | 29.76 billion current US$ | +7.2% |
| 1978 | 30.59 billion current US$ | +2.8% |
| 1979 | 37.57 billion current US$ | +22.8% |
| 1980 | 40.63 billion current US$ | +8.1% |
| 1981 | 50.73 billion current US$ | +24.9% |
| 1982 | 57.89 billion current US$ | +14.1% |
| 1983 | 44.85 billion current US$ | -22.5% |
| 1984 | 51.54 billion current US$ | +14.9% |
| 1985 | 50.58 billion current US$ | -1.8% |
| 1986 | 51.97 billion current US$ | +2.7% |
| 1987 | 51.83 billion current US$ | -0.3% |
| 1988 | 66.05 billion current US$ | +27.4% |
| 1989 | 88.79 billion current US$ | +34.4% |
| 1990 | 90.13 billion current US$ | +1.5% |
| 1991 | 78.95 billion current US$ | -12.4% |
| 1992 | 72.74 billion current US$ | -7.9% |
| 1993 | 73.67 billion current US$ | +1.3% |
| 1994 | 78.35 billion current US$ | +6.4% |
| 1995 | 95.70 billion current US$ | +22.1% |
| 1996 | 99.49 billion current US$ | +4.0% |
| 1997 | 108.28 billion current US$ | +8.8% |
| 1998 | 102.49 billion current US$ | -5.3% |
| 1999 | 101.88 billion current US$ | -0.6% |
| 2000 | 109.25 billion current US$ | +7.2% |
| 2001 | 88.81 billion current US$ | -18.7% |
| 2002 | 96.60 billion current US$ | +8.8% |
| 2003 | 121.32 billion current US$ | +25.6% |
| 2004 | 166.35 billion current US$ | +37.1% |
| 2005 | 191.01 billion current US$ | +14.8% |
| 2006 | 205.85 billion current US$ | +7.8% |
| 2007 | 235.14 billion current US$ | +14.2% |
| 2008 | 302.08 billion current US$ | +28.5% |
| 2009 | 254.15 billion current US$ | -15.9% |
| 2010 | 307.71 billion current US$ | +21.1% |
| 2011 | 370.13 billion current US$ | +20.3% |
| 2012 | 428.92 billion current US$ | +15.9% |
| 2013 | 439.60 billion current US$ | +2.5% |
| 2014 | 392.43 billion current US$ | -10.7% |
| 2015 | 355.04 billion current US$ | -9.5% |
| 2016 | 307.12 billion current US$ | -13.5% |
| 2017 | 320.48 billion current US$ | +4.3% |
| 2018 | 351.90 billion current US$ | +9.8% |
| 2019 | 325.78 billion current US$ | -7.4% |
| 2020 | 297.93 billion current US$ | -8.5% |
| 2021 | 357.07 billion current US$ | +19.8% |
| 2022 | 401.86 billion current US$ | +12.5% |
| 2023 | 414.07 billion current US$ | +3.0% |
| 2024 | 427.37 billion current US$ | +3.2% |
| 2025 | 439.94 billion current US$ | +2.9% |
Australia compared with similar countries
- Australia's 439.94 billion current US$ is above the median for high income countries, which is 48.39 billion current US$, 9.1× the median. (67 countries reporting)
- Australia's 439.94 billion current US$ is above the median for East Asia & Pacific, which is 6.38 billion current US$, 69.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.28 billion current US$ | 5.66 billion current US$ | 12.34 billion current US$ | 10 |
| 1970s | 24.11 billion current US$ | 13.63 billion current US$ | 37.57 billion current US$ | 10 |
| 1980s | 55.49 billion current US$ | 40.63 billion current US$ | 88.79 billion current US$ | 10 |
| 1990s | 90.17 billion current US$ | 72.74 billion current US$ | 108.28 billion current US$ | 10 |
| 2000s | 177.06 billion current US$ | 88.81 billion current US$ | 302.08 billion current US$ | 10 |
| 2010s | 359.91 billion current US$ | 307.12 billion current US$ | 439.60 billion current US$ | 10 |
| 2020s | 389.71 billion current US$ | 297.93 billion current US$ | 439.94 billion current US$ | 6 |
Countries ranked near Australia
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Australia?
- Gross capital formation in Australia was 439.94 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Australia?
- The highest recorded value was 439.94 billion current US$ in 2025.
- What is the lowest gross capital formation recorded in Australia?
- The lowest recorded value was 5.66 billion current US$ in 1962.
- How does Australia rank for gross capital formation?
- Australia ranks 14th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Australia?
- Over the last ten years it is up 23.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.