Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Oceania
Oceania: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 4.38 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Oceania, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Oceania recorded 4.38 % change on previous year for gross fixed capital formation — value us$, 2015 prices, annual growth in 2024.
The figure is up 19.4% on the previous year and up 270.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Oceania peaked at 11.99 % change on previous year in 2002 and was at its lowest, -8.57 % change on previous year, in 1990.
That places Oceania 11th out of 30 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Oceania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.22 % change on previous year | — |
| 1972 | 3.99 % change on previous year | +23.9% |
| 1973 | 4.47 % change on previous year | +12.1% |
| 1974 | -3.95 % change on previous year | -188.3% |
| 1975 | 2.4 % change on previous year | -160.8% |
| 1976 | 1.94 % change on previous year | -19.1% |
| 1977 | 1.72 % change on previous year | -11.6% |
| 1978 | 8.69 % change on previous year | +406.4% |
| 1979 | 1.68 % change on previous year | -80.7% |
| 1980 | 11.79 % change on previous year | +601.3% |
| 1981 | 8.08 % change on previous year | -31.5% |
| 1982 | -7.54 % change on previous year | -193.3% |
| 1983 | 5.43 % change on previous year | -172.1% |
| 1984 | 8.91 % change on previous year | +64.0% |
| 1985 | 6.36 % change on previous year | -28.6% |
| 1986 | 0.575 % change on previous year | -91.0% |
| 1987 | 6.43 % change on previous year | +1018.3% |
| 1988 | 9.24 % change on previous year | +43.7% |
| 1989 | 1.53 % change on previous year | -83.5% |
| 1990 | -8.57 % change on previous year | -661.0% |
| 1991 | -5.08 % change on previous year | -40.7% |
| 1992 | 5.86 % change on previous year | -215.2% |
| 1993 | 6.66 % change on previous year | +13.8% |
| 1994 | 11.14 % change on previous year | +67.3% |
| 1995 | 3.75 % change on previous year | -66.4% |
| 1996 | 6.47 % change on previous year | +72.6% |
| 1997 | 8.34 % change on previous year | +28.9% |
| 1998 | 3.63 % change on previous year | -56.5% |
| 1999 | 8.32 % change on previous year | +129.2% |
| 2000 | -6.7 % change on previous year | -180.4% |
| 2001 | 8.94 % change on previous year | -233.5% |
| 2002 | 11.99 % change on previous year | +34.2% |
| 2003 | 9.21 % change on previous year | -23.2% |
| 2004 | 6.18 % change on previous year | -32.9% |
| 2005 | 7.83 % change on previous year | +26.8% |
| 2006 | 3.82 % change on previous year | -51.2% |
| 2007 | 8.56 % change on previous year | +124.1% |
| 2008 | 0.8381 % change on previous year | -90.2% |
| 2009 | 0.6965 % change on previous year | -16.9% |
| 2010 | 4.09 % change on previous year | +487.4% |
| 2011 | 11.02 % change on previous year | +169.5% |
| 2012 | 3.1 % change on previous year | -71.9% |
| 2013 | -0.7973 % change on previous year | -125.7% |
| 2014 | -2.57 % change on previous year | +222.6% |
| 2015 | -3.5 % change on previous year | +36.2% |
| 2016 | 0.2802 % change on previous year | -108.0% |
| 2017 | 5.1 % change on previous year | +1718.9% |
| 2018 | -0.2807 % change on previous year | -105.5% |
| 2019 | -1.49 % change on previous year | +429.8% |
| 2020 | 3.05 % change on previous year | -304.8% |
| 2021 | 7.25 % change on previous year | +138.1% |
| 2022 | 2.43 % change on previous year | -66.4% |
| 2023 | 3.67 % change on previous year | +50.7% |
| 2024 | 4.38 % change on previous year | +19.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Oceania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1718.9% | 0.2802 % change on previous year | 5.1 % change on previous year |
| 1987 | +1018.3% | 0.575 % change on previous year | 6.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.68 % change on previous year | -3.95 % change on previous year | 8.69 % change on previous year | 9 |
| 1980s | 5.08 % change on previous year | -7.54 % change on previous year | 11.79 % change on previous year | 10 |
| 1990s | 4.05 % change on previous year | -8.57 % change on previous year | 11.14 % change on previous year | 10 |
| 2000s | 5.14 % change on previous year | -6.7 % change on previous year | 11.99 % change on previous year | 10 |
| 2010s | 1.5 % change on previous year | -3.5 % change on previous year | 11.02 % change on previous year | 10 |
| 2020s | 4.16 % change on previous year | 2.43 % change on previous year | 7.25 % change on previous year | 5 |
Countries ranked near Oceania
- 8 Mongolia 19.72 % change on previous year compare
- 9 Sri Lanka 19.4 % change on previous year compare
- 10 Democratic Republic of the Congo 18.78 % change on previous year compare
- 11 Madagascar 17.54 % change on previous year compare
- 12 Georgia 15.01 % change on previous year compare
- 13 USSR 14.4 % change on previous year compare
- 14 Ghana 13.83 % change on previous year compare
More economy & growth data for Oceania
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.1357 % (2024)
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 39,068 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.79 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, annual growth in Oceania?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in Oceania was 4.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Oceania?
- The highest recorded value was 11.99 % change on previous year in 2002.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Oceania?
- The lowest recorded value was -8.57 % change on previous year in 1990.
- How does Oceania rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Oceania ranks 11th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Oceania?
- Over the last ten years it is up 270.4%. The long-run trend across the full record is volatile.
- Where does this Oceania data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.