Gross Fixed Capital Formation — Value Standard Local Currency, per in Australia
Australia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0259 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Australia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Australia recorded 0.0259 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 42.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Australia peaked at 0.0259 million SLC per person in 2024 and was at its lowest, 0.001 million SLC per person, in 1970.
That places Australia 93rd out of 194 countries with data for 2024, 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 — Value Standard Local Currency, per in Australia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.001 million SLC per person | — |
| 1971 | 0.001 million SLC per person | +4.7% |
| 1972 | 0.0011 million SLC per person | +6.1% |
| 1973 | 0.0013 million SLC per person | +16.9% |
| 1974 | 0.0013 million SLC per person | +4.5% |
| 1975 | 0.0016 million SLC per person | +17.2% |
| 1976 | 0.0018 million SLC per person | +12.4% |
| 1977 | 0.0019 million SLC per person | +10.2% |
| 1978 | 0.0022 million SLC per person | +13.3% |
| 1979 | 0.0024 million SLC per person | +11.0% |
| 1980 | 0.0029 million SLC per person | +20.2% |
| 1981 | 0.0034 million SLC per person | +15.9% |
| 1982 | 0.0033 million SLC per person | -2.9% |
| 1983 | 0.0036 million SLC per person | +9.1% |
| 1984 | 0.0041 million SLC per person | +13.0% |
| 1985 | 0.0046 million SLC per person | +13.8% |
| 1986 | 0.005 million SLC per person | +7.4% |
| 1987 | 0.0055 million SLC per person | +11.0% |
| 1988 | 0.0064 million SLC per person | +15.4% |
| 1989 | 0.0067 million SLC per person | +4.1% |
| 1990 | 0.006 million SLC per person | -10.2% |
| 1991 | 0.0056 million SLC per person | -6.5% |
| 1992 | 0.006 million SLC per person | +6.7% |
| 1993 | 0.0063 million SLC per person | +6.2% |
| 1994 | 0.007 million SLC per person | +10.2% |
| 1995 | 0.0071 million SLC per person | +1.5% |
| 1996 | 0.0073 million SLC per person | +3.5% |
| 1997 | 0.008 million SLC per person | +9.6% |
| 1998 | 0.0085 million SLC per person | +5.4% |
| 1999 | 0.0091 million SLC per person | +7.8% |
| 2000 | 0.0086 million SLC per person | -5.6% |
| 2001 | 0.0095 million SLC per person | +10.5% |
| 2002 | 0.0107 million SLC per person | +12.6% |
| 2003 | 0.0117 million SLC per person | +8.7% |
| 2004 | 0.0125 million SLC per person | +7.5% |
| 2005 | 0.0138 million SLC per person | +9.8% |
| 2006 | 0.0146 million SLC per person | +6.0% |
| 2007 | 0.016 million SLC per person | +9.5% |
| 2008 | 0.0164 million SLC per person | +2.5% |
| 2009 | 0.0163 million SLC per person | -0.8% |
| 2010 | 0.0168 million SLC per person | +3.1% |
| 2011 | 0.0184 million SLC per person | +9.9% |
| 2012 | 0.0188 million SLC per person | +2.3% |
| 2013 | 0.0186 million SLC per person | -1.3% |
| 2014 | 0.0181 million SLC per person | -2.4% |
| 2015 | 0.0177 million SLC per person | -2.6% |
| 2016 | 0.0175 million SLC per person | -1.0% |
| 2017 | 0.0183 million SLC per person | +4.8% |
| 2018 | 0.0183 million SLC per person | -0.4% |
| 2019 | 0.0178 million SLC per person | -2.3% |
| 2020 | 0.0184 million SLC per person | +3.2% |
| 2021 | 0.021 million SLC per person | +14.2% |
| 2022 | 0.023 million SLC per person | +9.3% |
| 2023 | 0.0243 million SLC per person | +5.8% |
| 2024 | 0.0259 million SLC per person | +6.3% |
Australia compared with similar countries
- Australia's 0.0259 million SLC per person is above the median for high income countries, which is 0.0157 million SLC per person, 1.6× the median. (73 countries reporting)
- Australia's 0.0259 million SLC per person is above the median for East Asia & Pacific, which is 0.0231 million SLC per person, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0016 million SLC per person | 0.001 million SLC per person | 0.0024 million SLC per person | 10 |
| 1980s | 0.0046 million SLC per person | 0.0029 million SLC per person | 0.0067 million SLC per person | 10 |
| 1990s | 0.0071 million SLC per person | 0.0056 million SLC per person | 0.0091 million SLC per person | 10 |
| 2000s | 0.013 million SLC per person | 0.0086 million SLC per person | 0.0164 million SLC per person | 10 |
| 2010s | 0.018 million SLC per person | 0.0168 million SLC per person | 0.0188 million SLC per person | 10 |
| 2020s | 0.0225 million SLC per person | 0.0184 million SLC per person | 0.0259 million SLC per person | 5 |
Countries ranked near Australia
- 90 Moldova 0.0286 million SLC per person compare
- 91 Haiti 0.0282 million SLC per person compare
- 92 Singapore 0.0261 million SLC per person compare
- 94 Sint Maarten (Dutch part) 0.024 million SLC per person compare
- 95 Gambia 0.0237 million SLC per person compare
- 96 Romania 0.0237 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, per in Australia?
- Gross fixed capital formation — value standard local currency, per in Australia was 0.0259 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Australia?
- The highest recorded value was 0.0259 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Australia?
- The lowest recorded value was 0.001 million SLC per person in 1970.
- How does Australia rank for gross fixed capital formation — value standard local currency, per?
- Australia ranks 93rd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Australia?
- Over the last ten years it is up 42.6%. 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.