Gross fixed capital formation, Private sector, Constant prices in Australia
Australia: Gross fixed capital formation, Private sector, Constant prices was 247.23 in 2019. ◆ Volatile
Latest (2019)
247.23
Change on year
down 3.5%
World rank
17th
of 173 countries
All-time high
280.84
in 2012
All-time low
23.81
in 1960
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Constant prices in Australia, 1960–2019
Source: International Monetary Fund.
Analysis
Australia recorded 247.23 for gross fixed capital formation, private sector, constant prices in 2019.
The figure is down 3.5% on the previous year and up 9.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Australia peaked at 280.84 in 2012 and was at its lowest, 23.81, in 1960.
Australia ranks 17th of 173 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, Private sector, Constant prices in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 23.81 | — |
| 1961 | 25.52 | +7.2% |
| 1962 | 25.89 | +1.5% |
| 1963 | 28.3 | +9.3% |
| 1964 | 30.42 | +7.5% |
| 1965 | 32.44 | +6.6% |
| 1966 | 33.6 | +3.6% |
| 1967 | 35.72 | +6.3% |
| 1968 | 38.77 | +8.5% |
| 1969 | 41.1 | +6.0% |
| 1970 | 42.72 | +3.9% |
| 1971 | 44.91 | +5.1% |
| 1972 | 44.78 | -0.3% |
| 1973 | 48.15 | +7.5% |
| 1974 | 45.93 | -4.6% |
| 1975 | 44.1 | -4.0% |
| 1976 | 47.27 | +7.2% |
| 1977 | 48.68 | +3.0% |
| 1978 | 53.47 | +9.8% |
| 1979 | 57.63 | +7.8% |
| 1980 | 63.39 | +10.0% |
| 1981 | 71.69 | +13.1% |
| 1982 | 70.39 | -1.8% |
| 1983 | 64.54 | -8.3% |
| 1984 | 70.44 | +9.1% |
| 1985 | 78.83 | +11.9% |
| 1986 | 77.41 | -1.8% |
| 1987 | 82.03 | +6.0% |
| 1988 | 91.19 | +11.2% |
| 1989 | 99.54 | +9.2% |
| 1990 | 92.36 | -7.2% |
| 1991 | 81.54 | -11.7% |
| 1992 | 84.31 | +3.4% |
| 1993 | 88.63 | +5.1% |
| 1994 | 101.25 | +14.2% |
| 1995 | 103.09 | +1.8% |
| 1996 | 109.33 | +6.1% |
| 1997 | 122.53 | +12.1% |
| 1998 | 129.72 | +5.9% |
| 1999 | 136.68 | +5.4% |
| 2000 | 137.45 | +0.6% |
| 2001 | 131.77 | -4.1% |
| 2002 | 153.07 | +16.2% |
| 2003 | 168.9 | +10.3% |
| 2004 | 180.91 | +7.1% |
| 2005 | 195.16 | +7.9% |
| 2006 | 204.19 | +4.6% |
| 2007 | 221.37 | +8.4% |
| 2008 | 234.88 | +6.1% |
| 2009 | 226.31 | -3.6% |
| 2010 | 228.66 | +1.0% |
| 2011 | 250.67 | +9.6% |
| 2012 | 280.84 | +12.0% |
| 2013 | 276.43 | -1.6% |
| 2014 | 268 | -3.0% |
| 2015 | 258.31 | -3.6% |
| 2016 | 246.46 | -4.6% |
| 2017 | 250 | +1.4% |
| 2018 | 256.3 | +2.5% |
| 2019 | 247.23 | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 31.56 | 23.81 | 41.1 | 10 |
| 1970s | 47.76 | 42.72 | 57.63 | 10 |
| 1980s | 76.95 | 63.39 | 99.54 | 10 |
| 1990s | 104.94 | 81.54 | 136.68 | 10 |
| 2000s | 185.4 | 131.77 | 234.88 | 10 |
| 2010s | 256.29 | 228.66 | 280.84 | 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)
- GDP (current US$), annual growth rate 2.36 % change on previous year (2025)
- GDP (current US$), per capita 65,130 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.69 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1.55 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 100,632 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9423 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 61,369 constant 2015 US$ per person (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 247.23 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 280.84 in 2012.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Australia?
- The lowest recorded value was 23.81 in 1960.
- How does Australia rank for gross fixed capital formation, private sector, constant prices?
- Australia ranks 17th 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 up 9.2%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.