Gross Fixed Capital Formation — Value US$, annual growth rate in Australia and New Zealand
Australia and New Zealand: Gross Fixed Capital Formation — Value US$, annual growth rate was 7.42 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Australia and New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, annual growth rate in Australia and New Zealand stood at 7.42 % change on previous year.
Compared with earlier readings it is up 128.0% on the previous year and up 227.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Australia and New Zealand peaked at 40.31 % change on previous year in 1973 and was at its lowest, -16.83 % change on previous year, in 2015.
Australia and New Zealand ranks 66th of 235 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Australia and New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.36 % change on previous year | — |
| 1972 | 15.6 % change on previous year | +50.6% |
| 1973 | 40.31 % change on previous year | +158.4% |
| 1974 | 10.35 % change on previous year | -74.3% |
| 1975 | 7.77 % change on previous year | -24.9% |
| 1976 | 4.04 % change on previous year | -48.0% |
| 1977 | 0.9141 % change on previous year | -77.4% |
| 1978 | 18.13 % change on previous year | +1883.9% |
| 1979 | 9.01 % change on previous year | -50.3% |
| 1980 | 22.79 % change on previous year | +152.8% |
| 1981 | 19.23 % change on previous year | -15.6% |
| 1982 | -11.39 % change on previous year | -159.2% |
| 1983 | -1.59 % change on previous year | -86.1% |
| 1984 | 9.86 % change on previous year | -721.9% |
| 1985 | -6.91 % change on previous year | -170.1% |
| 1986 | 5.16 % change on previous year | -174.6% |
| 1987 | 18.57 % change on previous year | +260.1% |
| 1988 | 28.17 % change on previous year | +51.7% |
| 1989 | 6.26 % change on previous year | -77.8% |
| 1990 | -9.25 % change on previous year | -247.9% |
| 1991 | -6.74 % change on previous year | -27.2% |
| 1992 | 1.32 % change on previous year | -119.6% |
| 1993 | 0.986 % change on previous year | -25.3% |
| 1994 | 20.54 % change on previous year | +1982.7% |
| 1995 | 6.28 % change on previous year | -69.4% |
| 1996 | 10.47 % change on previous year | +66.6% |
| 1997 | 4.27 % change on previous year | -59.2% |
| 1998 | -11.57 % change on previous year | -371.0% |
| 1999 | 11.84 % change on previous year | -202.4% |
| 2000 | -14.1 % change on previous year | -219.1% |
| 2001 | 0.1568 % change on previous year | -101.1% |
| 2002 | 19.41 % change on previous year | +12277.6% |
| 2003 | 32.48 % change on previous year | +67.3% |
| 2004 | 23.64 % change on previous year | -27.2% |
| 2005 | 15.28 % change on previous year | -35.4% |
| 2006 | 4.51 % change on previous year | -70.5% |
| 2007 | 23.84 % change on previous year | +429.0% |
| 2008 | 3.53 % change on previous year | -85.2% |
| 2009 | -7.07 % change on previous year | -300.1% |
| 2010 | 22.73 % change on previous year | -421.5% |
| 2011 | 24.58 % change on previous year | +8.1% |
| 2012 | 4.78 % change on previous year | -80.6% |
| 2013 | -5.02 % change on previous year | -205.0% |
| 2014 | -5.84 % change on previous year | +16.3% |
| 2015 | -16.83 % change on previous year | +188.2% |
| 2016 | 0.0583 % change on previous year | -100.3% |
| 2017 | 10.03 % change on previous year | +17101.0% |
| 2018 | -0.6348 % change on previous year | -106.3% |
| 2019 | -6.72 % change on previous year | +959.1% |
| 2020 | 2.71 % change on previous year | -140.3% |
| 2021 | 25.25 % change on previous year | +831.7% |
| 2022 | 1.92 % change on previous year | -92.4% |
| 2023 | 3.26 % change on previous year | +69.5% |
| 2024 | 7.42 % change on previous year | +128.0% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Australia and New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +17101.0% | 0.0583 % change on previous year | 10.03 % change on previous year |
| 2002 | +12277.6% | 0.1568 % change on previous year | 19.41 % change on previous year |
| 1994 | +1982.7% | 0.986 % change on previous year | 20.54 % change on previous year |
| 1978 | +1883.9% | 0.9141 % change on previous year | 18.13 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.94 % change on previous year | 0.9141 % change on previous year | 40.31 % change on previous year | 9 |
| 1980s | 9.01 % change on previous year | -11.39 % change on previous year | 28.17 % change on previous year | 10 |
| 1990s | 2.81 % change on previous year | -11.57 % change on previous year | 20.54 % change on previous year | 10 |
| 2000s | 10.17 % change on previous year | -14.1 % change on previous year | 32.48 % change on previous year | 10 |
| 2010s | 2.71 % change on previous year | -16.83 % change on previous year | 24.58 % change on previous year | 10 |
| 2020s | 8.11 % change on previous year | 1.92 % change on previous year | 25.25 % change on previous year | 5 |
Countries ranked near Australia and New Zealand
- 63 Australia 7.72 % change on previous year compare
- 64 Mali 7.61 % change on previous year compare
- 65 Gabon 7.5 % change on previous year compare
- 67 Maldives 7.37 % change on previous year compare
- 68 Democratic Republic of the Congo 7.21 % change on previous year compare
- 69 Uganda 7.2 % change on previous year compare
More economy & growth data for Australia and New Zealand
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.268 % (2024)
- Gross Domestic Product — Value US$ 2.09 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 65,559 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 54,411 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.22 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.24 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.23 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.44 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.42 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Australia and New Zealand?
- Gross fixed capital formation — value us$, annual growth rate in Australia and New Zealand was 7.42 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Australia and New Zealand?
- The highest recorded value was 40.31 % change on previous year in 1973.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Australia and New Zealand?
- The lowest recorded value was -16.83 % change on previous year in 2015.
- How does Australia and New Zealand rank for gross fixed capital formation — value us$, annual growth rate?
- Australia and New Zealand ranks 66th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Australia and New Zealand?
- Over the last ten years it is up 227.1%. The long-run trend across the full record is volatile.
- Where does this Australia and New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ 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$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.