Gross fixed capital formation, Private sector, Current prices in Australia
Australia: Gross fixed capital formation, Private sector, Current prices was 379.14 in 2019. ◆ Volatile
Latest (2019)
379.14
Change on year
down 1.7%
World rank
77th
of 174 countries
All-time high
385.88
in 2018
All-time low
4.48
in 1960
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Current prices in Australia, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Australia stood at 379.14.
The figure is down 1.7% on the previous year and up 25.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Australia peaked at 385.88 in 2018 and was at its lowest, 4.48, in 1960.
That places Australia 77th out of 174 countries with data for 2019, putting it in the middle of the range.
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 | Value | Change |
|---|---|---|
| 1960 | 4.48 | — |
| 1961 | 4.49 | +0.2% |
| 1962 | 4.62 | +2.8% |
| 1963 | 5.12 | +10.8% |
| 1964 | 5.74 | +12.2% |
| 1965 | 6.31 | +10.0% |
| 1966 | 6.63 | +5.1% |
| 1967 | 7.34 | +10.6% |
| 1968 | 8.09 | +10.2% |
| 1969 | 9.11 | +12.6% |
| 1970 | 10.1 | +10.9% |
| 1971 | 11.06 | +9.5% |
| 1972 | 11.5 | +4.0% |
| 1973 | 13.54 | +17.8% |
| 1974 | 14.77 | +9.1% |
| 1975 | 16.31 | +10.4% |
| 1976 | 19.62 | +20.3% |
| 1977 | 21.92 | +11.7% |
| 1978 | 25.25 | +15.2% |
| 1979 | 29.05 | +15.1% |
| 1980 | 34.8 | +19.8% |
| 1981 | 42.7 | +22.7% |
| 1982 | 46.31 | +8.5% |
| 1983 | 45.25 | -2.3% |
| 1984 | 51.37 | +13.5% |
| 1985 | 61.73 | +20.2% |
| 1986 | 66.03 | +7.0% |
| 1987 | 74.31 | +12.5% |
| 1988 | 87.33 | +17.5% |
| 1989 | 100.32 | +14.9% |
| 1990 | 95.89 | -4.4% |
| 1991 | 84.55 | -11.8% |
| 1992 | 86.5 | +2.3% |
| 1993 | 92.87 | +7.4% |
| 1994 | 105.87 | +14.0% |
| 1995 | 109.7 | +3.6% |
| 1996 | 114.18 | +4.1% |
| 1997 | 126.12 | +10.5% |
| 1998 | 137.3 | +8.9% |
| 1999 | 145.57 | +6.0% |
| 2000 | 150.25 | +3.2% |
| 2001 | 148.84 | -0.9% |
| 2002 | 175.86 | +18.2% |
| 2003 | 196.23 | +11.6% |
| 2004 | 213.57 | +8.8% |
| 2005 | 236.64 | +10.8% |
| 2006 | 254.24 | +7.4% |
| 2007 | 281.92 | +10.9% |
| 2008 | 309.54 | +9.8% |
| 2009 | 301.32 | -2.7% |
| 2010 | 304.43 | +1.0% |
| 2011 | 336.1 | +10.4% |
| 2012 | 377.14 | +12.2% |
| 2013 | 378.83 | +0.4% |
| 2014 | 375.68 | -0.8% |
| 2015 | 374.07 | -0.4% |
| 2016 | 360.17 | -3.7% |
| 2017 | 369.38 | +2.6% |
| 2018 | 385.88 | +4.5% |
| 2019 | 379.14 | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.19 | 4.48 | 9.11 | 10 |
| 1970s | 17.31 | 10.1 | 29.05 | 10 |
| 1980s | 61.01 | 34.8 | 100.32 | 10 |
| 1990s | 109.86 | 84.55 | 145.57 | 10 |
| 2000s | 226.84 | 148.84 | 309.54 | 10 |
| 2010s | 364.08 | 304.43 | 385.88 | 10 |
Countries ranked near Australia
- 74 Hong Kong 401.52 compare
- 75 Equatorial Guinea 385.98 compare
- 76 Saudi Arabia 379.99 compare
- 78 Malawi 358.97 compare
- 79 Mozambique 350.96 compare
- 80 United Kingdom of Great Britain and Northern Ireland 338.17 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)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6749 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 43,958 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.81 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 67,920 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.663 constant 2015 US$ per US$ of GDP (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 379.14 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Australia?
- The highest recorded value was 385.88 in 2018.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Australia?
- The lowest recorded value was 4.48 in 1960.
- How does Australia rank for gross fixed capital formation, private sector, current prices?
- Australia ranks 77th 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 25.8%. 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, Current prices, Domestic currency. 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.