Gross Fixed Capital Formation — Value US$, annual growth rate in Oceania
Oceania: Gross Fixed Capital Formation — Value US$, annual growth rate was 7.32 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Oceania, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, annual growth rate in Oceania stood at 7.32 % change on previous year.
Compared with earlier readings it is up 122.9% on the previous year and up 225.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Oceania peaked at 38.86 % change on previous year in 1973 and was at its lowest, -17.2 % change on previous year, in 2015.
That places Oceania 6th out of 30 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Oceania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.39 % change on previous year | — |
| 1972 | 14.57 % change on previous year | +55.2% |
| 1973 | 38.86 % change on previous year | +166.7% |
| 1974 | 10.62 % change on previous year | -72.7% |
| 1975 | 8.16 % change on previous year | -23.1% |
| 1976 | 3.78 % change on previous year | -53.7% |
| 1977 | 1.22 % change on previous year | -67.7% |
| 1978 | 18.37 % change on previous year | +1403.9% |
| 1979 | 9.36 % change on previous year | -49.1% |
| 1980 | 22.63 % change on previous year | +141.8% |
| 1981 | 18.64 % change on previous year | -17.6% |
| 1982 | -10.9 % change on previous year | -158.5% |
| 1983 | -1.69 % change on previous year | -84.5% |
| 1984 | 9.17 % change on previous year | -641.0% |
| 1985 | -6.67 % change on previous year | -172.8% |
| 1986 | 6.05 % change on previous year | -190.7% |
| 1987 | 17.41 % change on previous year | +187.6% |
| 1988 | 27.89 % change on previous year | +60.2% |
| 1989 | 6.3 % change on previous year | -77.4% |
| 1990 | -8.95 % change on previous year | -242.0% |
| 1991 | -6.14 % change on previous year | -31.3% |
| 1992 | 1.26 % change on previous year | -120.6% |
| 1993 | 0.8366 % change on previous year | -33.8% |
| 1994 | 19.9 % change on previous year | +2278.4% |
| 1995 | 6.37 % change on previous year | -68.0% |
| 1996 | 9.99 % change on previous year | +56.7% |
| 1997 | 3.93 % change on previous year | -60.6% |
| 1998 | -11.47 % change on previous year | -391.9% |
| 1999 | 11.62 % change on previous year | -201.3% |
| 2000 | -13.62 % change on previous year | -217.2% |
| 2001 | 0.0755 % change on previous year | -100.6% |
| 2002 | 19.23 % change on previous year | +25353.1% |
| 2003 | 32.22 % change on previous year | +67.6% |
| 2004 | 23.32 % change on previous year | -27.6% |
| 2005 | 15.05 % change on previous year | -35.5% |
| 2006 | 4.63 % change on previous year | -69.2% |
| 2007 | 23.73 % change on previous year | +412.2% |
| 2008 | 3.91 % change on previous year | -83.5% |
| 2009 | -6.96 % change on previous year | -278.2% |
| 2010 | 22.72 % change on previous year | -426.4% |
| 2011 | 24.35 % change on previous year | +7.2% |
| 2012 | 4.75 % change on previous year | -80.5% |
| 2013 | -4.9 % change on previous year | -203.3% |
| 2014 | -5.85 % change on previous year | +19.3% |
| 2015 | -17.2 % change on previous year | +194.1% |
| 2016 | -0.1039 % change on previous year | -99.4% |
| 2017 | 9.94 % change on previous year | -9669.6% |
| 2018 | -0.345 % change on previous year | -103.5% |
| 2019 | -6.64 % change on previous year | +1823.4% |
| 2020 | 2.47 % change on previous year | -137.3% |
| 2021 | 24.92 % change on previous year | +907.0% |
| 2022 | 1.9 % change on previous year | -92.4% |
| 2023 | 3.29 % change on previous year | +72.8% |
| 2024 | 7.32 % change on previous year | +122.9% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Oceania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +25353.1% | 0.0755 % change on previous year | 19.23 % change on previous year |
| 2017 | +9669.6% | -0.1039 % change on previous year | 9.94 % change on previous year |
| 1994 | +2278.4% | 0.8366 % change on previous year | 19.9 % change on previous year |
| 2019 | -1823.4% | -0.345 % change on previous year | -6.64 % change on previous year |
| 1978 | +1403.9% | 1.22 % change on previous year | 18.37 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.7 % change on previous year | 1.22 % change on previous year | 38.86 % change on previous year | 9 |
| 1980s | 8.88 % change on previous year | -10.9 % change on previous year | 27.89 % change on previous year | 10 |
| 1990s | 2.74 % change on previous year | -11.47 % change on previous year | 19.9 % change on previous year | 10 |
| 2000s | 10.16 % change on previous year | -13.62 % change on previous year | 32.22 % change on previous year | 10 |
| 2010s | 2.67 % change on previous year | -17.2 % change on previous year | 24.35 % change on previous year | 10 |
| 2020s | 7.98 % change on previous year | 1.9 % change on previous year | 24.92 % change on previous year | 5 |
Countries ranked near Oceania
- 3 South Sudan 73.22 % change on previous year compare
- 4 Sierra Leone 70.66 % change on previous year compare
- 5 Guinea 48.33 % change on previous year compare
- 6 Gambia 45.86 % change on previous year compare
- 7 Iraq 39.74 % change on previous year compare
- 8 USSR 28.64 % change on previous year compare
- 9 Uzbekistan 27.99 % change on previous year compare
More economy & growth data for Oceania
- Gross Domestic Product — Annual growth US$ 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$, annual growth rate in Oceania?
- Gross fixed capital formation — value us$, annual growth rate in Oceania was 7.32 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Oceania?
- The highest recorded value was 38.86 % change on previous year in 1973.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Oceania?
- The lowest recorded value was -17.2 % change on previous year in 2015.
- How does Oceania rank for gross fixed capital formation — value us$, annual growth rate?
- Oceania ranks 6th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Oceania?
- Over the last ten years it is up 225.2%. 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$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. 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.