Gross fixed capital formation, Private sector … Private Purchasing in Australia
Australia: Gross fixed capital formation, Private sector … Private Purchasing 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 … Private Purchasing 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% |
Australia compared with similar countries
- Australia's 247.23 is above the median for high income countries, which is 58.37, 4.2× the median. (58 countries reporting)
- Australia's 247.23 is above the median for East Asia & Pacific, which is 78.19, 3.2× the median. (20 countries reporting)
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)
- 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 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.