Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Australia
Australia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0497 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0497 million USD per square kilometre
Change on year
up 4.5%
World rank
127th
of 194 countries
All-time high
0.0497 million USD per square kilometre
in 2023
All-time low
0.0074 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Australia, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Australia is 0.0497 million USD per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 4.5% on the previous year and up 12.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Australia peaked at 0.0497 million USD per square kilometre in 2023 and was at its lowest, 0.0074 million USD per square kilometre, in 1970.
That places Australia 127th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Australia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0074 million USD per square kilometre | — |
| 1971 | 0.0076 million USD per square kilometre | +2.8% |
| 1972 | 0.0078 million USD per square kilometre | +3.1% |
| 1973 | 0.0081 million USD per square kilometre | +4.3% |
| 1974 | 0.0076 million USD per square kilometre | -6.4% |
| 1975 | 0.0079 million USD per square kilometre | +3.4% |
| 1976 | 0.0082 million USD per square kilometre | +3.9% |
| 1977 | 0.0085 million USD per square kilometre | +3.8% |
| 1978 | 0.0093 million USD per square kilometre | +9.8% |
| 1979 | 0.0096 million USD per square kilometre | +2.9% |
| 1980 | 0.0108 million USD per square kilometre | +12.8% |
| 1981 | 0.0116 million USD per square kilometre | +7.3% |
| 1982 | 0.0105 million USD per square kilometre | -9.5% |
| 1983 | 0.0111 million USD per square kilometre | +5.1% |
| 1984 | 0.0121 million USD per square kilometre | +9.6% |
| 1985 | 0.0128 million USD per square kilometre | +5.9% |
| 1986 | 0.0129 million USD per square kilometre | +0.4% |
| 1987 | 0.0139 million USD per square kilometre | +7.5% |
| 1988 | 0.0153 million USD per square kilometre | +10.7% |
| 1989 | 0.0155 million USD per square kilometre | +0.9% |
| 1990 | 0.014 million USD per square kilometre | -9.5% |
| 1991 | 0.0135 million USD per square kilometre | -4.0% |
| 1992 | 0.0143 million USD per square kilometre | +6.6% |
| 1993 | 0.0152 million USD per square kilometre | +5.8% |
| 1994 | 0.0169 million USD per square kilometre | +11.0% |
| 1995 | 0.0173 million USD per square kilometre | +2.7% |
| 1996 | 0.0185 million USD per square kilometre | +6.6% |
| 1997 | 0.0203 million USD per square kilometre | +9.7% |
| 1998 | 0.0212 million USD per square kilometre | +4.4% |
| 1999 | 0.0229 million USD per square kilometre | +8.1% |
| 2000 | 0.0211 million USD per square kilometre | -7.9% |
| 2001 | 0.023 million USD per square kilometre | +9.1% |
| 2002 | 0.0259 million USD per square kilometre | +12.6% |
| 2003 | 0.0281 million USD per square kilometre | +8.7% |
| 2004 | 0.0298 million USD per square kilometre | +6.1% |
| 2005 | 0.0323 million USD per square kilometre | +8.3% |
| 2006 | 0.0338 million USD per square kilometre | +4.5% |
| 2007 | 0.0367 million USD per square kilometre | +8.8% |
| 2008 | 0.0373 million USD per square kilometre | +1.5% |
| 2009 | 0.0379 million USD per square kilometre | +1.8% |
| 2010 | 0.0393 million USD per square kilometre | +3.6% |
| 2011 | 0.0439 million USD per square kilometre | +11.6% |
| 2012 | 0.0451 million USD per square kilometre | +2.9% |
| 2013 | 0.0443 million USD per square kilometre | -1.9% |
| 2014 | 0.0427 million USD per square kilometre | -3.7% |
| 2015 | 0.0412 million USD per square kilometre | -3.5% |
| 2016 | 0.0411 million USD per square kilometre | -0.1% |
| 2017 | 0.0432 million USD per square kilometre | +5.0% |
| 2018 | 0.0427 million USD per square kilometre | -1.2% |
| 2019 | 0.0417 million USD per square kilometre | -2.2% |
| 2020 | 0.0434 million USD per square kilometre | +4.0% |
| 2021 | 0.0464 million USD per square kilometre | +7.0% |
| 2022 | 0.0476 million USD per square kilometre | +2.5% |
| 2023 | 0.0497 million USD per square kilometre | +4.5% |
Australia compared with similar countries
- Australia's 0.0497 million USD per square kilometre is below the median for high income countries, which is 0.6883 million USD per square kilometre, 7% of the median. (73 countries reporting)
- Australia's 0.0497 million USD per square kilometre is below the median for East Asia & Pacific, which is 0.1742 million USD per square kilometre, 29% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0082 million USD per square kilometre | 0.0074 million USD per square kilometre | 0.0096 million USD per square kilometre | 10 |
| 1980s | 0.0127 million USD per square kilometre | 0.0105 million USD per square kilometre | 0.0155 million USD per square kilometre | 10 |
| 1990s | 0.0174 million USD per square kilometre | 0.0135 million USD per square kilometre | 0.0229 million USD per square kilometre | 10 |
| 2000s | 0.0306 million USD per square kilometre | 0.0211 million USD per square kilometre | 0.0379 million USD per square kilometre | 10 |
| 2010s | 0.0425 million USD per square kilometre | 0.0393 million USD per square kilometre | 0.0451 million USD per square kilometre | 10 |
| 2020s | 0.0468 million USD per square kilometre | 0.0434 million USD per square kilometre | 0.0497 million USD per square kilometre | 4 |
Countries ranked near Australia
- 124 Uganda 0.0527 million USD per square kilometre compare
- 125 Benin 0.0526 million USD per square kilometre compare
- 126 Senegal 0.0515 million USD per square kilometre compare
- 128 Fiji 0.0497 million USD per square kilometre compare
- 129 Tunisia 0.0485 million USD per square kilometre compare
- 130 South Africa 0.045 million USD 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$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Australia?
- Gross fixed capital formation — value us$, 2015 prices, per square in Australia was 0.0497 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Australia?
- The highest recorded value was 0.0497 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Australia?
- The lowest recorded value was 0.0074 million USD per square kilometre in 1970.
- How does Australia rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Australia ranks 127th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Australia?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.