Gross fixed capital formation, Private sector, Constant prices in Australia
Australia: Gross fixed capital formation, Private sector, Constant prices was 19.31 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Australia, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Australia is 19.31, measured in 2019.
The figure is down 5.3% on the previous year and down 15.4% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Australia peaked at 25.89 in 2012 and was at its lowest, 13.03, in 1975.
That places Australia 42nd out of 173 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 13.39 | — |
| 1961 | 14.35 | +7.1% |
| 1962 | 13.81 | -3.8% |
| 1963 | 14.22 | +3.0% |
| 1964 | 14.39 | +1.2% |
| 1965 | 14.61 | +1.5% |
| 1966 | 14.7 | +0.6% |
| 1967 | 14.58 | -0.8% |
| 1968 | 15.03 | +3.0% |
| 1969 | 15 | -0.2% |
| 1970 | 14.57 | -2.8% |
| 1971 | 14.75 | +1.2% |
| 1972 | 14.38 | -2.5% |
| 1973 | 14.82 | +3.0% |
| 1974 | 13.91 | -6.1% |
| 1975 | 13.03 | -6.3% |
| 1976 | 13.45 | +3.2% |
| 1977 | 13.65 | +1.5% |
| 1978 | 14.69 | +7.7% |
| 1979 | 15.14 | +3.1% |
| 1980 | 16.22 | +7.1% |
| 1981 | 17.6 | +8.5% |
| 1982 | 17.35 | -1.5% |
| 1983 | 15.94 | -8.1% |
| 1984 | 16.32 | +2.4% |
| 1985 | 17.39 | +6.6% |
| 1986 | 16.76 | -3.6% |
| 1987 | 16.87 | +0.6% |
| 1988 | 17.96 | +6.5% |
| 1989 | 18.79 | +4.6% |
| 1990 | 17.2 | -8.5% |
| 1991 | 15.39 | -10.5% |
| 1992 | 15.45 | +0.4% |
| 1993 | 15.6 | +1.0% |
| 1994 | 17.02 | +9.1% |
| 1995 | 16.81 | -1.2% |
| 1996 | 17.13 | +1.9% |
| 1997 | 18.43 | +7.6% |
| 1998 | 18.59 | +0.8% |
| 1999 | 18.8 | +1.1% |
| 2000 | 18.3 | -2.7% |
| 2001 | 17.08 | -6.6% |
| 2002 | 19.08 | +11.7% |
| 2003 | 20.46 | +7.2% |
| 2004 | 21.08 | +3.0% |
| 2005 | 22.06 | +4.7% |
| 2006 | 22.46 | +1.8% |
| 2007 | 23.32 | +3.8% |
| 2008 | 24.13 | +3.5% |
| 2009 | 22.82 | -5.4% |
| 2010 | 22.5 | -1.4% |
| 2011 | 24.01 | +6.7% |
| 2012 | 25.89 | +7.8% |
| 2013 | 24.96 | -3.6% |
| 2014 | 23.59 | -5.5% |
| 2015 | 22.23 | -5.8% |
| 2016 | 20.64 | -7.1% |
| 2017 | 20.43 | -1.0% |
| 2018 | 20.38 | -0.2% |
| 2019 | 19.31 | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.41 | 13.39 | 15.03 | 10 |
| 1970s | 14.24 | 13.03 | 15.14 | 10 |
| 1980s | 17.12 | 15.94 | 18.79 | 10 |
| 1990s | 17.04 | 15.39 | 18.8 | 10 |
| 2000s | 21.08 | 17.08 | 24.13 | 10 |
| 2010s | 22.39 | 19.31 | 25.89 | 10 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 48,817 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 3.99 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9946 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 64,781 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.34 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1.54 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 100,093 current LCU per person (2025)
- Exports of goods and services (current US$), annual growth rate -3.36 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Australia?
- Gross fixed capital formation, private sector, constant prices in Australia was 19.31 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Australia?
- The highest recorded value was 25.89 in 2012.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Australia?
- The lowest recorded value was 13.03 in 1975.
- How does Australia rank for gross fixed capital formation, private sector, constant prices?
- Australia ranks 42nd out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Australia?
- Over the last ten years it is down 15.4%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.