Gross Fixed Capital Formation — Value US$, 2015 prices in Australia
Australia: Gross Fixed Capital Formation — Value US$, 2015 prices was 399,804 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Australia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Australia is 399,804 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.5% on the previous year and up 22.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Australia peaked at 399,804 million USD in 2024 and was at its lowest, 56,674 million USD, in 1970.
That places Australia 11th out of 219 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 63,076 million USD | 56,674 million USD | 73,835 million USD | 10 |
| 1980s | 97,249 million USD | 80,858 million USD | 118,935 million USD | 10 |
| 1990s | 133,599 million USD | 103,357 million USD | 175,701 million USD | 10 |
| 2000s | 234,972 million USD | 161,743 million USD | 291,456 million USD | 10 |
| 2010s | 326,698 million USD | 301,960 million USD | 346,758 million USD | 10 |
| 2020s | 367,859 million USD | 333,813 million USD | 399,804 million USD | 5 |
Countries ranked near Australia
- 8 Republic of Korea 571,534 million USD compare
- 9 Italy 471,911 million USD compare
- 10 Australia and New Zealand 453,936 million USD compare
- 12 Indonesia 390,633 million USD compare
- 13 Russian Federation 387,507 million USD compare
- 14 Canada 375,620 million USD compare
More economy & growth data for Australia
- External balance on goods and services as a percent of gdp 0.5874 (2025)
- Inflation of consumer prices 2.87 (2025)
- Gdp per capita worldbank constant usd 61,369 (2025)
- Manufacturing value added to gdp 5.32 (2025)
- Gdp worldbank constant usd 1.69 trillion (2025)
- Gdp per capita in international and market dollars 61,369 (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Australia?
- Gross fixed capital formation — value us$, 2015 prices in Australia was 399,804 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Australia?
- The highest recorded value was 399,804 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Australia?
- The lowest recorded value was 56,674 million USD in 1970.
- How does Australia rank for gross fixed capital formation — value us$, 2015 prices?
- Australia ranks 11th out of 219 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Australia?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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).