Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Australia
Australia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0196 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Australia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Australia stood at 0.0196 million SLC per person.
Compared with earlier readings it is up 2.5% on the previous year and up 5.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Australia peaked at 0.0203 million SLC per person in 2012 and was at its lowest, 0.0057 million SLC per person, in 1974.
Australia ranks 85th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Australia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.006 million SLC per person | — |
| 1971 | 0.006 million SLC per person | -0.6% |
| 1972 | 0.0061 million SLC per person | +1.2% |
| 1973 | 0.0062 million SLC per person | +2.7% |
| 1974 | 0.0057 million SLC per person | -8.7% |
| 1975 | 0.0058 million SLC per person | +2.2% |
| 1976 | 0.006 million SLC per person | +2.9% |
| 1977 | 0.0061 million SLC per person | +2.7% |
| 1978 | 0.0067 million SLC per person | +8.5% |
| 1979 | 0.0068 million SLC per person | +1.8% |
| 1980 | 0.0075 million SLC per person | +11.4% |
| 1981 | 0.008 million SLC per person | +5.6% |
| 1982 | 0.0071 million SLC per person | -11.0% |
| 1983 | 0.0073 million SLC per person | +3.7% |
| 1984 | 0.008 million SLC per person | +8.3% |
| 1985 | 0.0083 million SLC per person | +4.5% |
| 1986 | 0.0082 million SLC per person | -1.1% |
| 1987 | 0.0087 million SLC per person | +5.9% |
| 1988 | 0.0095 million SLC per person | +8.9% |
| 1989 | 0.0094 million SLC per person | -0.8% |
| 1990 | 0.0084 million SLC per person | -10.8% |
| 1991 | 0.008 million SLC per person | -5.2% |
| 1992 | 0.0084 million SLC per person | +5.4% |
| 1993 | 0.0088 million SLC per person | +4.9% |
| 1994 | 0.0097 million SLC per person | +10.0% |
| 1995 | 0.0098 million SLC per person | +1.6% |
| 1996 | 0.0104 million SLC per person | +5.4% |
| 1997 | 0.0112 million SLC per person | +8.6% |
| 1998 | 0.0116 million SLC per person | +3.4% |
| 1999 | 0.0124 million SLC per person | +6.9% |
| 2000 | 0.0113 million SLC per person | -9.0% |
| 2001 | 0.0122 million SLC per person | +7.7% |
| 2002 | 0.0136 million SLC per person | +11.3% |
| 2003 | 0.0146 million SLC per person | +7.5% |
| 2004 | 0.0153 million SLC per person | +5.0% |
| 2005 | 0.0164 million SLC per person | +7.0% |
| 2006 | 0.0169 million SLC per person | +3.1% |
| 2007 | 0.018 million SLC per person | +6.8% |
| 2008 | 0.0179 million SLC per person | -0.5% |
| 2009 | 0.0179 million SLC per person | -0.3% |
| 2010 | 0.0182 million SLC per person | +2.0% |
| 2011 | 0.0201 million SLC per person | +10.1% |
| 2012 | 0.0203 million SLC per person | +1.1% |
| 2013 | 0.0196 million SLC per person | -3.6% |
| 2014 | 0.0186 million SLC per person | -5.1% |
| 2015 | 0.0177 million SLC per person | -4.9% |
| 2016 | 0.0174 million SLC per person | -1.5% |
| 2017 | 0.018 million SLC per person | +3.2% |
| 2018 | 0.0175 million SLC per person | -2.6% |
| 2019 | 0.0169 million SLC per person | -3.6% |
| 2020 | 0.0173 million SLC per person | +2.7% |
| 2021 | 0.0185 million SLC per person | +6.8% |
| 2022 | 0.0187 million SLC per person | +1.2% |
| 2023 | 0.0191 million SLC per person | +2.0% |
| 2024 | 0.0196 million SLC per person | +2.5% |
Australia compared with similar countries
- Australia's 0.0196 million SLC per person is above the median for high income countries, which is 0.0119 million SLC per person, 1.6× the median. (73 countries reporting)
- Australia's 0.0196 million SLC per person is above the median for East Asia & Pacific, which is 0.0171 million SLC per person, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0061 million SLC per person | 0.0057 million SLC per person | 0.0068 million SLC per person | 10 |
| 1980s | 0.0082 million SLC per person | 0.0071 million SLC per person | 0.0095 million SLC per person | 10 |
| 1990s | 0.0099 million SLC per person | 0.008 million SLC per person | 0.0124 million SLC per person | 10 |
| 2000s | 0.0154 million SLC per person | 0.0113 million SLC per person | 0.018 million SLC per person | 10 |
| 2010s | 0.0184 million SLC per person | 0.0169 million SLC per person | 0.0203 million SLC per person | 10 |
| 2020s | 0.0186 million SLC per person | 0.0173 million SLC per person | 0.0196 million SLC per person | 5 |
Countries ranked near Australia
- 82 Sint Maarten (Dutch part) 0.0221 million SLC per person compare
- 83 Singapore 0.0219 million SLC per person compare
- 84 Switzerland 0.021 million SLC per person compare
- 86 Antigua and Barbuda 0.0188 million SLC per person compare
- 87 Saint Kitts and Nevis 0.0184 million SLC per person compare
- 88 Argentina 0.018 million SLC per person 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Australia?
- Gross fixed capital formation — value standard local currency, 2015 in Australia was 0.0196 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Australia?
- The highest recorded value was 0.0203 million SLC per person in 2012.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Australia?
- The lowest recorded value was 0.0057 million SLC per person in 1974.
- How does Australia rank for gross fixed capital formation — value standard local currency, 2015?
- Australia ranks 85th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Australia?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.