Gross Fixed Capital Formation — Value Standard Local Currency, annual in Australia
Australia: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 8.45 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Australia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Australia is 8.45 % change on previous year, measured in 2024.
That represents a change of up 1,007.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Australia peaked at 21.71 % change on previous year in 1980 and was at its lowest, -8.85 % change on previous year, in 1990.
Australia ranks 65th of 230 countries on this measure, 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 — Value Standard Local Currency, annual in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.29 % change on previous year | — |
| 1972 | 8.11 % change on previous year | -2.1% |
| 1973 | 18.7 % change on previous year | +130.5% |
| 1974 | 7.13 % change on previous year | -61.9% |
| 1975 | 18.61 % change on previous year | +161.0% |
| 1976 | 13.55 % change on previous year | -27.2% |
| 1977 | 11.46 % change on previous year | -15.4% |
| 1978 | 14.59 % change on previous year | +27.3% |
| 1979 | 12.19 % change on previous year | -16.4% |
| 1980 | 21.71 % change on previous year | +78.0% |
| 1981 | 17.69 % change on previous year | -18.5% |
| 1982 | -1.23 % change on previous year | -107.0% |
| 1983 | 10.63 % change on previous year | -963.3% |
| 1984 | 14.36 % change on previous year | +35.1% |
| 1985 | 15.38 % change on previous year | +7.1% |
| 1986 | 8.97 % change on previous year | -41.7% |
| 1987 | 12.65 % change on previous year | +41.2% |
| 1988 | 17.29 % change on previous year | +36.6% |
| 1989 | 5.91 % change on previous year | -65.8% |
| 1990 | -8.85 % change on previous year | -249.6% |
| 1991 | -5.26 % change on previous year | -40.5% |
| 1992 | 7.92 % change on previous year | -250.6% |
| 1993 | 7.18 % change on previous year | -9.3% |
| 1994 | 11.28 % change on previous year | +57.0% |
| 1995 | 2.66 % change on previous year | -76.4% |
| 1996 | 4.76 % change on previous year | +79.0% |
| 1997 | 10.79 % change on previous year | +126.8% |
| 1998 | 6.43 % change on previous year | -40.4% |
| 1999 | 8.94 % change on previous year | +38.9% |
| 2000 | -4.51 % change on previous year | -150.4% |
| 2001 | 11.97 % change on previous year | -365.6% |
| 2002 | 13.84 % change on previous year | +15.6% |
| 2003 | 9.99 % change on previous year | -27.8% |
| 2004 | 8.63 % change on previous year | -13.6% |
| 2005 | 11.12 % change on previous year | +28.9% |
| 2006 | 7.41 % change on previous year | -33.3% |
| 2007 | 11.54 % change on previous year | +55.6% |
| 2008 | 4.62 % change on previous year | -59.9% |
| 2009 | 1.27 % change on previous year | -72.5% |
| 2010 | 4.7 % change on previous year | +269.5% |
| 2011 | 11.43 % change on previous year | +143.4% |
| 2012 | 4.06 % change on previous year | -64.4% |
| 2013 | 0.4135 % change on previous year | -89.8% |
| 2014 | -0.9308 % change on previous year | -325.1% |
| 2015 | -1.17 % change on previous year | +25.7% |
| 2016 | 0.5313 % change on previous year | -145.4% |
| 2017 | 6.57 % change on previous year | +1137.3% |
| 2018 | 1.13 % change on previous year | -82.8% |
| 2019 | -0.8614 % change on previous year | -176.1% |
| 2020 | 4.46 % change on previous year | -617.4% |
| 2021 | 14.41 % change on previous year | +223.3% |
| 2022 | 10.7 % change on previous year | -25.8% |
| 2023 | 8.45 % change on previous year | -21.1% |
| 2024 | 8.45 % change on previous year | +0.0% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 2017 | +1137.3% | 0.5313 % change on previous year | 6.57 % change on previous year |
| 1983 | +963.3% | -1.23 % change on previous year | 10.63 % change on previous year |
| 2020 | +617.4% | -0.8614 % change on previous year | 4.46 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.52 % change on previous year | 7.13 % change on previous year | 18.7 % change on previous year | 9 |
| 1980s | 12.34 % change on previous year | -1.23 % change on previous year | 21.71 % change on previous year | 10 |
| 1990s | 4.58 % change on previous year | -8.85 % change on previous year | 11.28 % change on previous year | 10 |
| 2000s | 7.59 % change on previous year | -4.51 % change on previous year | 13.84 % change on previous year | 10 |
| 2010s | 2.59 % change on previous year | -1.17 % change on previous year | 11.43 % change on previous year | 10 |
| 2020s | 9.29 % change on previous year | 4.46 % change on previous year | 14.41 % change on previous year | 5 |
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)
- 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, annual in Australia?
- Gross fixed capital formation — value standard local currency, annual in Australia was 8.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Australia?
- The highest recorded value was 21.71 % change on previous year in 1980.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Australia?
- The lowest recorded value was -8.85 % change on previous year in 1990.
- How does Australia rank for gross fixed capital formation — value standard local currency, annual?
- Australia ranks 65th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Australia?
- Over the last ten years it is up 1,007.4%. 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, annual growth rate. 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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.