Gross fixed capital formation (constant 2015 US$) in Australia
Australia: Gross fixed capital formation (constant 2015 US$) was 417.59 billion constant 2015 US$ in 2025. ◆ Volatile
Gross fixed capital formation in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Australia recorded 417.59 billion constant 2015 US$ for gross fixed capital formation in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.6% on the previous year and up 17.9% over ten years.
Over the whole period, gross fixed capital formation in Australia peaked at 417.59 billion constant 2015 US$ in 2025 and was at its lowest, 32.96 billion constant 2015 US$, in 1960.
Australia ranks 9th of 161 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$) in Australia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 32.96 billion constant 2015 US$ | — |
| 1961 | 34.83 billion constant 2015 US$ | +5.7% |
| 1962 | 35.44 billion constant 2015 US$ | +1.8% |
| 1963 | 37.66 billion constant 2015 US$ | +6.3% |
| 1964 | 41.19 billion constant 2015 US$ | +9.4% |
| 1965 | 44.27 billion constant 2015 US$ | +7.5% |
| 1966 | 47.87 billion constant 2015 US$ | +8.1% |
| 1967 | 50.31 billion constant 2015 US$ | +5.1% |
| 1968 | 54.02 billion constant 2015 US$ | +7.4% |
| 1969 | 57.47 billion constant 2015 US$ | +6.4% |
| 1970 | 59.36 billion constant 2015 US$ | +3.3% |
| 1971 | 61.27 billion constant 2015 US$ | +3.2% |
| 1972 | 62.99 billion constant 2015 US$ | +2.8% |
| 1973 | 64.92 billion constant 2015 US$ | +3.1% |
| 1974 | 67.69 billion constant 2015 US$ | +4.3% |
| 1975 | 63.35 billion constant 2015 US$ | -6.4% |
| 1976 | 65.53 billion constant 2015 US$ | +3.4% |
| 1977 | 68.08 billion constant 2015 US$ | +3.9% |
| 1978 | 70.69 billion constant 2015 US$ | +3.8% |
| 1979 | 77.60 billion constant 2015 US$ | +9.8% |
| 1980 | 79.83 billion constant 2015 US$ | +2.9% |
| 1981 | 90.03 billion constant 2015 US$ | +12.8% |
| 1982 | 96.56 billion constant 2015 US$ | +7.3% |
| 1983 | 87.42 billion constant 2015 US$ | -9.5% |
| 1984 | 91.86 billion constant 2015 US$ | +5.1% |
| 1985 | 100.69 billion constant 2015 US$ | +9.6% |
| 1986 | 106.66 billion constant 2015 US$ | +5.9% |
| 1987 | 107.07 billion constant 2015 US$ | +0.4% |
| 1988 | 115.09 billion constant 2015 US$ | +7.5% |
| 1989 | 127.43 billion constant 2015 US$ | +10.7% |
| 1990 | 128.58 billion constant 2015 US$ | +0.9% |
| 1991 | 116.39 billion constant 2015 US$ | -9.5% |
| 1992 | 111.74 billion constant 2015 US$ | -4.0% |
| 1993 | 119.16 billion constant 2015 US$ | +6.6% |
| 1994 | 126.06 billion constant 2015 US$ | +5.8% |
| 1995 | 139.96 billion constant 2015 US$ | +11.0% |
| 1996 | 143.79 billion constant 2015 US$ | +2.7% |
| 1997 | 153.33 billion constant 2015 US$ | +6.6% |
| 1998 | 168.26 billion constant 2015 US$ | +9.7% |
| 1999 | 175.73 billion constant 2015 US$ | +4.4% |
| 2000 | 189.96 billion constant 2015 US$ | +8.1% |
| 2001 | 174.87 billion constant 2015 US$ | -7.9% |
| 2002 | 190.82 billion constant 2015 US$ | +9.1% |
| 2003 | 214.80 billion constant 2015 US$ | +12.6% |
| 2004 | 233.57 billion constant 2015 US$ | +8.7% |
| 2005 | 247.80 billion constant 2015 US$ | +6.1% |
| 2006 | 268.30 billion constant 2015 US$ | +8.3% |
| 2007 | 280.43 billion constant 2015 US$ | +4.5% |
| 2008 | 305.00 billion constant 2015 US$ | +8.8% |
| 2009 | 309.65 billion constant 2015 US$ | +1.5% |
| 2010 | 315.10 billion constant 2015 US$ | +1.8% |
| 2011 | 326.46 billion constant 2015 US$ | +3.6% |
| 2012 | 364.34 billion constant 2015 US$ | +11.6% |
| 2013 | 374.89 billion constant 2015 US$ | +2.9% |
| 2014 | 367.82 billion constant 2015 US$ | -1.9% |
| 2015 | 354.28 billion constant 2015 US$ | -3.7% |
| 2016 | 341.81 billion constant 2015 US$ | -3.5% |
| 2017 | 341.92 billion constant 2015 US$ | +0.0% |
| 2018 | 358.85 billion constant 2015 US$ | +4.9% |
| 2019 | 354.71 billion constant 2015 US$ | -1.2% |
| 2020 | 346.93 billion constant 2015 US$ | -2.2% |
| 2021 | 360.89 billion constant 2015 US$ | +4.0% |
| 2022 | 385.96 billion constant 2015 US$ | +6.9% |
| 2023 | 395.57 billion constant 2015 US$ | +2.5% |
| 2024 | 411.11 billion constant 2015 US$ | +3.9% |
| 2025 | 417.59 billion constant 2015 US$ | +1.6% |
Australia compared with similar countries
- Australia's 417.59 billion constant 2015 US$ is above the median for high income countries, which is 50.87 billion constant 2015 US$, 8.2× the median. (57 countries reporting)
- Australia's 417.59 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 9.80 billion constant 2015 US$, 42.6× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 43.60 billion constant 2015 US$ | 32.96 billion constant 2015 US$ | 57.47 billion constant 2015 US$ | 10 |
| 1970s | 66.15 billion constant 2015 US$ | 59.36 billion constant 2015 US$ | 77.60 billion constant 2015 US$ | 10 |
| 1980s | 100.26 billion constant 2015 US$ | 79.83 billion constant 2015 US$ | 127.43 billion constant 2015 US$ | 10 |
| 1990s | 138.30 billion constant 2015 US$ | 111.74 billion constant 2015 US$ | 175.73 billion constant 2015 US$ | 10 |
| 2000s | 241.52 billion constant 2015 US$ | 174.87 billion constant 2015 US$ | 309.65 billion constant 2015 US$ | 10 |
| 2010s | 350.02 billion constant 2015 US$ | 315.10 billion constant 2015 US$ | 374.89 billion constant 2015 US$ | 10 |
| 2020s | 386.34 billion constant 2015 US$ | 346.93 billion constant 2015 US$ | 417.59 billion constant 2015 US$ | 6 |
Countries ranked near Australia
- 6 France 592.76 billion constant 2015 US$ compare
- 7 South Korea 519.10 billion constant 2015 US$ compare
- 8 Italy 474.73 billion constant 2015 US$ compare
- 10 Indonesia 408.01 billion constant 2015 US$ compare
- 11 Russia 406.61 billion constant 2015 US$ compare
- 12 Canada 399.43 billion constant 2015 US$ compare
More economy & growth data for Australia
- Real gdp growth, annual growth rate 96.31 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Australia?
- Gross fixed capital formation in Australia was 417.59 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Australia?
- The highest recorded value was 417.59 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Australia?
- The lowest recorded value was 32.96 billion constant 2015 US$ in 1960.
- How does Australia rank for gross fixed capital formation?
- Australia ranks 9th out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Australia?
- Over the last ten years it is up 17.9%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.