Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Australia
Australia: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 116.09 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Australia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross fixed capital formation deflator — value us$, 2015 prices in Australia is 116.09 USD, measured in 2024.
The figure is up 3.1% on the previous year and down 0.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Australia peaked at 127.81 USD in 2012 and was at its lowest, 24.45 USD, in 1970.
That places Australia 110th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Australia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 24.45 USD | — |
| 1971 | 26.05 USD | +6.5% |
| 1972 | 28.76 USD | +10.4% |
| 1973 | 39 USD | +35.6% |
| 1974 | 45.12 USD | +15.7% |
| 1975 | 47.19 USD | +4.6% |
| 1976 | 48.15 USD | +2.0% |
| 1977 | 46.9 USD | -2.6% |
| 1978 | 50.53 USD | +7.7% |
| 1979 | 53.81 USD | +6.5% |
| 1980 | 59.15 USD | +9.9% |
| 1981 | 65.51 USD | +10.7% |
| 1982 | 63.09 USD | -3.7% |
| 1983 | 58.99 USD | -6.5% |
| 1984 | 59.95 USD | +1.6% |
| 1985 | 51.96 USD | -13.3% |
| 1986 | 53.99 USD | +3.9% |
| 1987 | 59.27 USD | +9.8% |
| 1988 | 70.06 USD | +18.2% |
| 1989 | 74.43 USD | +6.2% |
| 1990 | 73.98 USD | -0.6% |
| 1991 | 72.86 USD | -1.5% |
| 1992 | 69.52 USD | -4.6% |
| 1993 | 65.22 USD | -6.2% |
| 1994 | 70.28 USD | +7.8% |
| 1995 | 71.2 USD | +1.3% |
| 1996 | 73.83 USD | +3.7% |
| 1997 | 70.69 USD | -4.3% |
| 1998 | 60.98 USD | -13.7% |
| 1999 | 63.12 USD | +3.5% |
| 2000 | 58.83 USD | -6.8% |
| 2001 | 53.85 USD | -8.5% |
| 2002 | 57.21 USD | +6.2% |
| 2003 | 69.08 USD | +20.7% |
| 2004 | 80.2 USD | +16.1% |
| 2005 | 85.48 USD | +6.6% |
| 2006 | 86.62 USD | +1.3% |
| 2007 | 98.71 USD | +14.0% |
| 2008 | 101.97 USD | +3.3% |
| 2009 | 94.35 USD | -7.5% |
| 2010 | 112.14 USD | +18.9% |
| 2011 | 125.91 USD | +12.3% |
| 2012 | 127.81 USD | +1.5% |
| 2013 | 121.96 USD | -4.6% |
| 2014 | 117.13 USD | -4.0% |
| 2015 | 100 USD | -14.6% |
| 2016 | 99.44 USD | -0.6% |
| 2017 | 104.11 USD | +4.7% |
| 2018 | 103.84 USD | -0.3% |
| 2019 | 97.93 USD | -5.7% |
| 2020 | 97.35 USD | -0.6% |
| 2021 | 113.66 USD | +16.8% |
| 2022 | 113.32 USD | -0.3% |
| 2023 | 112.63 USD | -0.6% |
| 2024 | 116.09 USD | +3.1% |
Australia compared with similar countries
- Australia's 116.09 USD is below the median for high income countries, which is 122.6 USD, 95% of the median. (68 countries reporting)
- Australia's 116.09 USD is above the median for East Asia & Pacific, which is 107.04 USD, 1.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.99 USD | 24.45 USD | 53.81 USD | 10 |
| 1980s | 61.64 USD | 51.96 USD | 74.43 USD | 10 |
| 1990s | 69.17 USD | 60.98 USD | 73.98 USD | 10 |
| 2000s | 78.63 USD | 53.85 USD | 101.97 USD | 10 |
| 2010s | 111.03 USD | 97.93 USD | 127.81 USD | 10 |
| 2020s | 110.61 USD | 97.35 USD | 116.09 USD | 5 |
Countries ranked near Australia
- 107 Cyprus 116.71 USD compare
- 108 Australia and New Zealand 116.66 USD compare
- 109 Switzerland 116.27 USD compare
- 111 China, Macao SAR 115.29 USD compare
- 112 Burundi 115.21 USD compare
- 113 Turkmenistan 114.83 USD 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0037 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Australia?
- Gross fixed capital formation deflator — value us$, 2015 prices in Australia was 116.09 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Australia?
- The highest recorded value was 127.81 USD in 2012.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Australia?
- The lowest recorded value was 24.45 USD in 1970.
- How does Australia rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Australia ranks 110th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Australia?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).