Gross Fixed Capital Formation — Value Standard Local Currency, per in Australia
Australia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0843 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0843 million SLC per square kilometre
Change on year
up 8.4%
World rank
182nd
of 194 countries
All-time high
0.0843 million SLC per square kilometre
in 2023
All-time low
0.0016 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Australia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Australia is 0.0843 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 8.4% on the previous year and up 50.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Australia peaked at 0.0843 million SLC per square kilometre in 2023 and was at its lowest, 0.0016 million SLC per square kilometre, in 1970.
Australia ranks 182nd of 194 countries on this measure, 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, per in Australia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0016 million SLC per square kilometre | — |
| 1971 | 0.0017 million SLC per square kilometre | +8.3% |
| 1972 | 0.0019 million SLC per square kilometre | +8.1% |
| 1973 | 0.0022 million SLC per square kilometre | +18.7% |
| 1974 | 0.0024 million SLC per square kilometre | +7.1% |
| 1975 | 0.0028 million SLC per square kilometre | +18.6% |
| 1976 | 0.0032 million SLC per square kilometre | +13.6% |
| 1977 | 0.0036 million SLC per square kilometre | +11.5% |
| 1978 | 0.0041 million SLC per square kilometre | +14.6% |
| 1979 | 0.0046 million SLC per square kilometre | +12.2% |
| 1980 | 0.0056 million SLC per square kilometre | +21.7% |
| 1981 | 0.0066 million SLC per square kilometre | +17.7% |
| 1982 | 0.0065 million SLC per square kilometre | -1.2% |
| 1983 | 0.0072 million SLC per square kilometre | +10.6% |
| 1984 | 0.0083 million SLC per square kilometre | +14.4% |
| 1985 | 0.0096 million SLC per square kilometre | +15.4% |
| 1986 | 0.0104 million SLC per square kilometre | +9.0% |
| 1987 | 0.0117 million SLC per square kilometre | +12.7% |
| 1988 | 0.0138 million SLC per square kilometre | +17.3% |
| 1989 | 0.0146 million SLC per square kilometre | +5.9% |
| 1990 | 0.0133 million SLC per square kilometre | -8.8% |
| 1991 | 0.0126 million SLC per square kilometre | -5.3% |
| 1992 | 0.0136 million SLC per square kilometre | +7.9% |
| 1993 | 0.0146 million SLC per square kilometre | +7.2% |
| 1994 | 0.0162 million SLC per square kilometre | +11.3% |
| 1995 | 0.0166 million SLC per square kilometre | +2.7% |
| 1996 | 0.0174 million SLC per square kilometre | +4.8% |
| 1997 | 0.0193 million SLC per square kilometre | +10.8% |
| 1998 | 0.0205 million SLC per square kilometre | +6.4% |
| 1999 | 0.0224 million SLC per square kilometre | +8.9% |
| 2000 | 0.0214 million SLC per square kilometre | -4.5% |
| 2001 | 0.0239 million SLC per square kilometre | +12.0% |
| 2002 | 0.0272 million SLC per square kilometre | +13.8% |
| 2003 | 0.03 million SLC per square kilometre | +10.0% |
| 2004 | 0.0325 million SLC per square kilometre | +8.6% |
| 2005 | 0.0362 million SLC per square kilometre | +11.1% |
| 2006 | 0.0388 million SLC per square kilometre | +7.4% |
| 2007 | 0.0433 million SLC per square kilometre | +11.5% |
| 2008 | 0.0453 million SLC per square kilometre | +4.6% |
| 2009 | 0.0459 million SLC per square kilometre | +1.3% |
| 2010 | 0.0481 million SLC per square kilometre | +4.7% |
| 2011 | 0.0535 million SLC per square kilometre | +11.4% |
| 2012 | 0.0557 million SLC per square kilometre | +4.1% |
| 2013 | 0.0559 million SLC per square kilometre | +0.4% |
| 2014 | 0.0554 million SLC per square kilometre | -0.9% |
| 2015 | 0.0548 million SLC per square kilometre | -1.2% |
| 2016 | 0.055 million SLC per square kilometre | +0.4% |
| 2017 | 0.0586 million SLC per square kilometre | +6.6% |
| 2018 | 0.0593 million SLC per square kilometre | +1.1% |
| 2019 | 0.0588 million SLC per square kilometre | -0.9% |
| 2020 | 0.0614 million SLC per square kilometre | +4.5% |
| 2021 | 0.0702 million SLC per square kilometre | +14.4% |
| 2022 | 0.0778 million SLC per square kilometre | +10.7% |
| 2023 | 0.0843 million SLC per square kilometre | +8.4% |
Australia compared with similar countries
- Australia's 0.0843 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 4% of the median. (73 countries reporting)
- Australia's 0.0843 million SLC per square kilometre is below the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 4% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0028 million SLC per square kilometre | 0.0016 million SLC per square kilometre | 0.0046 million SLC per square kilometre | 10 |
| 1980s | 0.0094 million SLC per square kilometre | 0.0056 million SLC per square kilometre | 0.0146 million SLC per square kilometre | 10 |
| 1990s | 0.0166 million SLC per square kilometre | 0.0126 million SLC per square kilometre | 0.0224 million SLC per square kilometre | 10 |
| 2000s | 0.0345 million SLC per square kilometre | 0.0214 million SLC per square kilometre | 0.0459 million SLC per square kilometre | 10 |
| 2010s | 0.0555 million SLC per square kilometre | 0.0481 million SLC per square kilometre | 0.0593 million SLC per square kilometre | 10 |
| 2020s | 0.0734 million SLC per square kilometre | 0.0614 million SLC per square kilometre | 0.0843 million SLC per square kilometre | 4 |
Countries ranked near Australia
- 179 Montenegro 0.1016 million SLC per square kilometre compare
- 180 Ecuador 0.094 million SLC per square kilometre compare
- 181 Mauritania 0.0885 million SLC per square kilometre compare
- 183 Canada 0.0751 million SLC per square kilometre compare
- 184 Namibia 0.0726 million SLC per square kilometre compare
- 185 Jordan 0.0648 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, per in Australia?
- Gross fixed capital formation — value standard local currency, per in Australia was 0.0843 million SLC per square kilometre in 2023, 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 0.0843 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Australia?
- The lowest recorded value was 0.0016 million SLC per square kilometre in 1970.
- How does Australia rank for gross fixed capital formation — value standard local currency, per?
- Australia ranks 182nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Australia?
- Over the last ten years it is up 50.7%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.