Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Australia
Australia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0662 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0662 million SLC per square kilometre
Change on year
up 4.5%
World rank
179th
of 194 countries
All-time high
0.0662 million SLC per square kilometre
in 2023
All-time low
0.0098 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Australia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Australia stood at 0.0662 million SLC per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 4.5% on the previous year and up 12.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Australia peaked at 0.0662 million SLC per square kilometre in 2023 and was at its lowest, 0.0098 million SLC per square kilometre, in 1970.
That places Australia 179th out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Australia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0098 million SLC per square kilometre | — |
| 1971 | 0.0101 million SLC per square kilometre | +2.8% |
| 1972 | 0.0104 million SLC per square kilometre | +3.1% |
| 1973 | 0.0108 million SLC per square kilometre | +4.3% |
| 1974 | 0.0102 million SLC per square kilometre | -6.4% |
| 1975 | 0.0105 million SLC per square kilometre | +3.4% |
| 1976 | 0.0109 million SLC per square kilometre | +3.9% |
| 1977 | 0.0113 million SLC per square kilometre | +3.8% |
| 1978 | 0.0124 million SLC per square kilometre | +9.8% |
| 1979 | 0.0128 million SLC per square kilometre | +2.9% |
| 1980 | 0.0144 million SLC per square kilometre | +12.8% |
| 1981 | 0.0155 million SLC per square kilometre | +7.3% |
| 1982 | 0.014 million SLC per square kilometre | -9.5% |
| 1983 | 0.0147 million SLC per square kilometre | +5.1% |
| 1984 | 0.0161 million SLC per square kilometre | +9.6% |
| 1985 | 0.0171 million SLC per square kilometre | +5.9% |
| 1986 | 0.0172 million SLC per square kilometre | +0.4% |
| 1987 | 0.0184 million SLC per square kilometre | +7.5% |
| 1988 | 0.0204 million SLC per square kilometre | +10.7% |
| 1989 | 0.0206 million SLC per square kilometre | +0.9% |
| 1990 | 0.0187 million SLC per square kilometre | -9.5% |
| 1991 | 0.0179 million SLC per square kilometre | -4.0% |
| 1992 | 0.0191 million SLC per square kilometre | +6.6% |
| 1993 | 0.0202 million SLC per square kilometre | +5.8% |
| 1994 | 0.0224 million SLC per square kilometre | +11.0% |
| 1995 | 0.023 million SLC per square kilometre | +2.7% |
| 1996 | 0.0246 million SLC per square kilometre | +6.6% |
| 1997 | 0.027 million SLC per square kilometre | +9.7% |
| 1998 | 0.0282 million SLC per square kilometre | +4.4% |
| 1999 | 0.0304 million SLC per square kilometre | +8.1% |
| 2000 | 0.028 million SLC per square kilometre | -7.9% |
| 2001 | 0.0306 million SLC per square kilometre | +9.1% |
| 2002 | 0.0344 million SLC per square kilometre | +12.6% |
| 2003 | 0.0374 million SLC per square kilometre | +8.7% |
| 2004 | 0.0397 million SLC per square kilometre | +6.1% |
| 2005 | 0.043 million SLC per square kilometre | +8.3% |
| 2006 | 0.0449 million SLC per square kilometre | +4.5% |
| 2007 | 0.0489 million SLC per square kilometre | +8.8% |
| 2008 | 0.0496 million SLC per square kilometre | +1.5% |
| 2009 | 0.0505 million SLC per square kilometre | +1.8% |
| 2010 | 0.0523 million SLC per square kilometre | +3.6% |
| 2011 | 0.0584 million SLC per square kilometre | +11.6% |
| 2012 | 0.0601 million SLC per square kilometre | +2.9% |
| 2013 | 0.0589 million SLC per square kilometre | -1.9% |
| 2014 | 0.0568 million SLC per square kilometre | -3.7% |
| 2015 | 0.0548 million SLC per square kilometre | -3.5% |
| 2016 | 0.0547 million SLC per square kilometre | -0.1% |
| 2017 | 0.0574 million SLC per square kilometre | +5.0% |
| 2018 | 0.0568 million SLC per square kilometre | -1.2% |
| 2019 | 0.0555 million SLC per square kilometre | -2.2% |
| 2020 | 0.0578 million SLC per square kilometre | +4.0% |
| 2021 | 0.0618 million SLC per square kilometre | +7.0% |
| 2022 | 0.0633 million SLC per square kilometre | +2.5% |
| 2023 | 0.0662 million SLC per square kilometre | +4.5% |
Australia compared with similar countries
- Australia's 0.0662 million SLC per square kilometre is below the median for high income countries, which is 1.92 million SLC per square kilometre, 3% of the median. (73 countries reporting)
- Australia's 0.0662 million SLC per square kilometre is below the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 4% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0109 million SLC per square kilometre | 0.0098 million SLC per square kilometre | 0.0128 million SLC per square kilometre | 10 |
| 1980s | 0.0169 million SLC per square kilometre | 0.014 million SLC per square kilometre | 0.0206 million SLC per square kilometre | 10 |
| 1990s | 0.0231 million SLC per square kilometre | 0.0179 million SLC per square kilometre | 0.0304 million SLC per square kilometre | 10 |
| 2000s | 0.0407 million SLC per square kilometre | 0.028 million SLC per square kilometre | 0.0505 million SLC per square kilometre | 10 |
| 2010s | 0.0566 million SLC per square kilometre | 0.0523 million SLC per square kilometre | 0.0601 million SLC per square kilometre | 10 |
| 2020s | 0.0623 million SLC per square kilometre | 0.0578 million SLC per square kilometre | 0.0662 million SLC per square kilometre | 4 |
Countries ranked near Australia
- 176 Ecuador 0.0778 million SLC per square kilometre compare
- 177 Botswana 0.0758 million SLC per square kilometre compare
- 178 Mauritania 0.0704 million SLC per square kilometre compare
- 180 Jordan 0.0581 million SLC per square kilometre compare
- 181 Suriname 0.0554 million SLC per square kilometre compare
- 182 Canada 0.0546 million SLC per square kilometre 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 0.0662 million SLC per square kilometre in 2023, 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 0.0662 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Australia?
- The lowest recorded value was 0.0098 million SLC per square kilometre in 1970.
- How does Australia rank for gross fixed capital formation — value standard local currency, 2015?
- Australia ranks 179th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Australia?
- Over the last ten years it is up 12.3%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.