Gross fixed capital formation, Private sector, Current prices in Australia
Australia: Gross fixed capital formation, Private sector, Current prices was -1.75 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Australia, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Australia stood at -1.75 % change on previous year.
Compared with earlier readings it is down 139.1% on the previous year and up 34.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Australia peaked at 22.68 % change on previous year in 1981 and was at its lowest, -11.83 % change on previous year, in 1991.
Australia ranks 144th of 174 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current prices in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 0.2362 % change on previous year | — |
| 1962 | 2.77 % change on previous year | +1072.0% |
| 1963 | 10.76 % change on previous year | +288.6% |
| 1964 | 12.19 % change on previous year | +13.3% |
| 1965 | 9.97 % change on previous year | -18.3% |
| 1966 | 5.11 % change on previous year | -48.7% |
| 1967 | 10.61 % change on previous year | +107.5% |
| 1968 | 10.25 % change on previous year | -3.4% |
| 1969 | 12.57 % change on previous year | +22.7% |
| 1970 | 10.9 % change on previous year | -13.3% |
| 1971 | 9.5 % change on previous year | -12.9% |
| 1972 | 3.95 % change on previous year | -58.4% |
| 1973 | 17.8 % change on previous year | +350.4% |
| 1974 | 9.07 % change on previous year | -49.1% |
| 1975 | 10.41 % change on previous year | +14.8% |
| 1976 | 20.27 % change on previous year | +94.8% |
| 1977 | 11.73 % change on previous year | -42.1% |
| 1978 | 15.2 % change on previous year | +29.5% |
| 1979 | 15.06 % change on previous year | -0.9% |
| 1980 | 19.8 % change on previous year | +31.5% |
| 1981 | 22.68 % change on previous year | +14.6% |
| 1982 | 8.46 % change on previous year | -62.7% |
| 1983 | -2.29 % change on previous year | -127.1% |
| 1984 | 13.53 % change on previous year | -690.9% |
| 1985 | 20.16 % change on previous year | +49.0% |
| 1986 | 6.97 % change on previous year | -65.4% |
| 1987 | 12.54 % change on previous year | +80.0% |
| 1988 | 17.52 % change on previous year | +39.7% |
| 1989 | 14.88 % change on previous year | -15.1% |
| 1990 | -4.42 % change on previous year | -129.7% |
| 1991 | -11.83 % change on previous year | +167.8% |
| 1992 | 2.31 % change on previous year | -119.5% |
| 1993 | 7.36 % change on previous year | +218.6% |
| 1994 | 14 % change on previous year | +90.2% |
| 1995 | 3.62 % change on previous year | -74.2% |
| 1996 | 4.08 % change on previous year | +12.9% |
| 1997 | 10.46 % change on previous year | +156.0% |
| 1998 | 8.86 % change on previous year | -15.3% |
| 1999 | 6.03 % change on previous year | -32.0% |
| 2000 | 3.21 % change on previous year | -46.7% |
| 2001 | -0.9398 % change on previous year | -129.3% |
| 2002 | 18.16 % change on previous year | -2032.0% |
| 2003 | 11.58 % change on previous year | -36.2% |
| 2004 | 8.84 % change on previous year | -23.7% |
| 2005 | 10.8 % change on previous year | +22.2% |
| 2006 | 7.44 % change on previous year | -31.2% |
| 2007 | 10.89 % change on previous year | +46.5% |
| 2008 | 9.79 % change on previous year | -10.1% |
| 2009 | -2.65 % change on previous year | -127.1% |
| 2010 | 1.03 % change on previous year | -138.9% |
| 2011 | 10.4 % change on previous year | +909.3% |
| 2012 | 12.21 % change on previous year | +17.4% |
| 2013 | 0.4481 % change on previous year | -96.3% |
| 2014 | -0.8326 % change on previous year | -285.8% |
| 2015 | -0.4275 % change on previous year | -48.7% |
| 2016 | -3.72 % change on previous year | +769.2% |
| 2017 | 2.56 % change on previous year | -168.8% |
| 2018 | 4.47 % change on previous year | +74.7% |
| 2019 | -1.75 % change on previous year | -139.1% |
Australia compared with similar countries
- Australia's -1.75 % change on previous year is below the median for high income countries, which is 4.87 % change on previous year. (58 countries reporting)
- Australia's -1.75 % change on previous year is below the median for East Asia & Pacific, which is 2.81 % change on previous year. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current prices in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +2032.0% | -0.9398 % change on previous year | 18.16 % change on previous year |
| 1962 | +1072.0% | 0.2362 % change on previous year | 2.77 % change on previous year |
| 2011 | +909.3% | 1.03 % change on previous year | 10.4 % change on previous year |
| 2016 | -769.2% | -0.4275 % change on previous year | -3.72 % change on previous year |
| 1984 | +690.9% | -2.29 % change on previous year | 13.53 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.27 % change on previous year | 0.2362 % change on previous year | 12.57 % change on previous year | 9 |
| 1970s | 12.39 % change on previous year | 3.95 % change on previous year | 20.27 % change on previous year | 10 |
| 1980s | 13.43 % change on previous year | -2.29 % change on previous year | 22.68 % change on previous year | 10 |
| 1990s | 4.05 % change on previous year | -11.83 % change on previous year | 14 % change on previous year | 10 |
| 2000s | 7.71 % change on previous year | -2.65 % change on previous year | 18.16 % change on previous year | 10 |
| 2010s | 2.44 % change on previous year | -3.72 % change on previous year | 12.21 % change on previous year | 10 |
Countries ranked near Australia
- 141 Eritrea -1.19 % change on previous year compare
- 142 Mexico -1.24 % change on previous year compare
- 143 Mozambique -1.31 % change on previous year compare
- 145 Armenia -1.94 % change on previous year compare
- 146 Eswatini -2.08 % change on previous year compare
- 147 Saint Kitts and Nevis -2.09 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate -2.08 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0027 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 176.87 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 465.31 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Australia?
- Gross fixed capital formation, private sector, current prices in Australia was -1.75 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Australia?
- The highest recorded value was 22.68 % change on previous year in 1981.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Australia?
- The lowest recorded value was -11.83 % change on previous year in 1991.
- How does Australia rank for gross fixed capital formation, private sector, current prices?
- Australia ranks 144th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Australia?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.