Gross fixed capital formation, Private sector … Private Percent in Australia
Australia: Gross fixed capital formation, Private sector … Private Percent 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 … Private Percent 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% |
Australia compared with similar countries
- Australia's 19.31 is above the median for high income countries, which is 18.58, 1.0× the median. (58 countries reporting)
- Australia's 19.31 is above the median for East Asia & Pacific, which is 17.15, 1.1× the median. (20 countries reporting)
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)
- 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, 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.