Gross Fixed Capital Formation — Value Standard Local Currency in Austria

Austria: Gross Fixed Capital Formation — Value Standard Local Currency was 121,409 million SLC in 2024. ◆ Volatile

Latest (2024)
121,409 million SLC
Change on year
down 0.5%
World rank
124th
of 230 countries
All-time high
121,999 million SLC
in 2023
All-time low
7,995 million SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency in Austria, 1970–2024

025.0k50.0k75.0k100.0k125.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency in Austria is 121,409 million SLC, measured in 2024.

The figure is down 0.5% on the previous year and up 57.2% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency in Austria peaked at 121,999 million SLC in 2023 and was at its lowest, 7,995 million SLC, in 1970.

That places Austria 124th out of 230 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 in Austria, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency in Austria, 1970 to 2024.
Year million SLC Change
1970 7,995 million SLC —
1971 9,617 million SLC +20.3%
1972 11,922 million SLC +24.0%
1973 12,749 million SLC +6.9%
1974 14,456 million SLC +13.4%
1975 14,390 million SLC -0.5%
1976 15,578 million SLC +8.3%
1977 17,763 million SLC +14.0%
1978 17,476 million SLC -1.6%
1979 19,370 million SLC +10.8%
1980 21,378 million SLC +10.4%
1981 22,697 million SLC +6.2%
1982 22,006 million SLC -3.0%
1983 22,628 million SLC +2.8%
1984 23,257 million SLC +2.8%
1985 25,209 million SLC +8.4%
1986 26,320 million SLC +4.4%
1987 27,974 million SLC +6.3%
1988 30,248 million SLC +8.1%
1989 32,841 million SLC +8.6%
1990 35,631 million SLC +8.5%
1991 39,702 million SLC +11.4%
1992 41,386 million SLC +4.2%
1993 41,811 million SLC +1.0%
1994 44,979 million SLC +7.6%
1995 45,831 million SLC +1.9%
1996 47,712 million SLC +4.1%
1997 48,405 million SLC +1.5%
1998 50,236 million SLC +3.8%
1999 51,129 million SLC +1.8%
2000 54,825 million SLC +7.2%
2001 54,881 million SLC +0.1%
2002 53,283 million SLC -2.9%
2003 56,006 million SLC +5.1%
2004 57,294 million SLC +2.3%
2005 58,835 million SLC +2.7%
2006 60,641 million SLC +3.1%
2007 66,110 million SLC +9.0%
2008 69,978 million SLC +5.9%
2009 66,587 million SLC -4.8%
2010 65,853 million SLC -1.1%
2011 72,311 million SLC +9.8%
2012 74,422 million SLC +2.9%
2013 76,534 million SLC +2.8%
2014 77,210 million SLC +0.9%
2015 80,510 million SLC +4.3%
2016 84,495 million SLC +5.0%
2017 89,446 million SLC +5.9%
2018 95,067 million SLC +6.3%
2019 100,310 million SLC +5.5%
2020 97,423 million SLC -2.9%
2021 108,721 million SLC +11.6%
2022 118,355 million SLC +8.9%
2023 121,999 million SLC +3.1%
2024 121,409 million SLC -0.5%

Austria compared with similar countries

  • Austria's 121,409 million SLC is above the median for high income countries, which is 36,467 million SLC, 3.3× the median. (73 countries reporting)
  • Austria's 121,409 million SLC is above the median for Europe & Central Asia, which is 116,713 million SLC, 1.0× the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 14,132 million SLC 7,995 million SLC 19,370 million SLC 10
1980s 25,456 million SLC 21,378 million SLC 32,841 million SLC 10
1990s 44,682 million SLC 35,631 million SLC 51,129 million SLC 10
2000s 59,844 million SLC 53,283 million SLC 69,978 million SLC 10
2010s 81,616 million SLC 65,853 million SLC 100,310 million SLC 10
2020s 113,581 million SLC 97,423 million SLC 121,999 million SLC 5

Countries ranked near Austria

  1. 121 French Polynesia 138,649 million SLC compare
  2. 122 Nicaragua 138,045 million SLC compare
  3. 123 Bhutan 123,819 million SLC compare
  4. 125 Ghana 121,033 million SLC compare
  5. 126 Turkmenistan 112,017 million SLC compare
  6. 127 New Zealand 108,078 million SLC compare

See the full ranking of 231 places →

More economy & growth data for Austria

All data for Austria →

Frequently asked questions

What is gross fixed capital formation — value standard local currency in Austria?
Gross fixed capital formation — value standard local currency in Austria was 121,409 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value standard local currency recorded in Austria?
The highest recorded value was 121,999 million SLC in 2023.
What is the lowest gross fixed capital formation — value standard local currency recorded in Austria?
The lowest recorded value was 7,995 million SLC in 1970.
How does Austria rank for gross fixed capital formation — value standard local currency?
Austria ranks 124th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency rising or falling in Austria?
Over the last ten years it is up 57.2%. The long-run trend across the full record is volatile.
Where does this Austria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency in Austria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency/austria/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
231 places, 11,667 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).