Gross Fixed Capital Formation — Value US$ in Australia and New Zealand
Australia and New Zealand: Gross Fixed Capital Formation — Value US$ was 529,563 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Australia and New Zealand, 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$ in Australia and New Zealand is 529,563 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 7.4% on the previous year and up 23.4% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Australia and New Zealand peaked at 529,563 million USD in 2024 and was at its lowest, 15,376 million USD, in 1970.
That places Australia and New Zealand 8th out of 203 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.
Gross Fixed Capital Formation — Value US$ in Australia and New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 15,376 million USD | — |
| 1971 | 16,969 million USD | +10.4% |
| 1972 | 19,616 million USD | +15.6% |
| 1973 | 27,523 million USD | +40.3% |
| 1974 | 30,371 million USD | +10.3% |
| 1975 | 32,731 million USD | +7.8% |
| 1976 | 34,055 million USD | +4.0% |
| 1977 | 34,366 million USD | +0.9% |
| 1978 | 40,598 million USD | +18.1% |
| 1979 | 44,258 million USD | +9.0% |
| 1980 | 54,344 million USD | +22.8% |
| 1981 | 64,794 million USD | +19.2% |
| 1982 | 57,416 million USD | -11.4% |
| 1983 | 56,506 million USD | -1.6% |
| 1984 | 62,078 million USD | +9.9% |
| 1985 | 57,787 million USD | -6.9% |
| 1986 | 60,767 million USD | +5.2% |
| 1987 | 72,049 million USD | +18.6% |
| 1988 | 92,342 million USD | +28.2% |
| 1989 | 98,121 million USD | +6.3% |
| 1990 | 89,041 million USD | -9.3% |
| 1991 | 83,042 million USD | -6.7% |
| 1992 | 84,139 million USD | +1.3% |
| 1993 | 84,968 million USD | +1.0% |
| 1994 | 102,417 million USD | +20.5% |
| 1995 | 108,851 million USD | +6.3% |
| 1996 | 120,244 million USD | +10.5% |
| 1997 | 125,376 million USD | +4.3% |
| 1998 | 110,876 million USD | -11.6% |
| 1999 | 124,003 million USD | +11.8% |
| 2000 | 106,513 million USD | -14.1% |
| 2001 | 106,680 million USD | +0.2% |
| 2002 | 127,383 million USD | +19.4% |
| 2003 | 168,753 million USD | +32.5% |
| 2004 | 208,646 million USD | +23.6% |
| 2005 | 240,517 million USD | +15.3% |
| 2006 | 251,356 million USD | +4.5% |
| 2007 | 311,277 million USD | +23.8% |
| 2008 | 322,275 million USD | +3.5% |
| 2009 | 299,488 million USD | -7.1% |
| 2010 | 367,568 million USD | +22.7% |
| 2011 | 457,899 million USD | +24.6% |
| 2012 | 479,785 million USD | +4.8% |
| 2013 | 455,697 million USD | -5.0% |
| 2014 | 429,088 million USD | -5.8% |
| 2015 | 356,875 million USD | -16.8% |
| 2016 | 357,083 million USD | +0.1% |
| 2017 | 392,882 million USD | +10.0% |
| 2018 | 390,388 million USD | -0.6% |
| 2019 | 364,141 million USD | -6.7% |
| 2020 | 374,008 million USD | +2.7% |
| 2021 | 468,428 million USD | +25.2% |
| 2022 | 477,426 million USD | +1.9% |
| 2023 | 492,970 million USD | +3.3% |
| 2024 | 529,563 million USD | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29,586 million USD | 15,376 million USD | 44,258 million USD | 10 |
| 1980s | 67,621 million USD | 54,344 million USD | 98,121 million USD | 10 |
| 1990s | 103,296 million USD | 83,042 million USD | 125,376 million USD | 10 |
| 2000s | 214,289 million USD | 106,513 million USD | 322,275 million USD | 10 |
| 2010s | 405,141 million USD | 356,875 million USD | 479,785 million USD | 10 |
| 2020s | 468,479 million USD | 374,008 million USD | 529,563 million USD | 5 |
Countries ranked near Australia and New Zealand
- 5 France 707,095 million USD compare
- 5 Viet Nam 134,034 million USD compare
- 6 United Kingdom of Great Britain and Northern Ireland 613,148 million USD compare
- 7 Republic of Korea 599,124 million USD compare
- 9 Democratic Republic of the Congo 23,541 million USD compare
- 9 Italy 523,201 million USD compare
- 10 Canada 500,302 million USD compare
- 11 Russian Federation 471,135 million USD compare
More economy & growth data for Australia and New Zealand
- Gross Domestic Product — Value US$ per capita, 2015 prices 54,411 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.23 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.24 % (2024)
- Gross Domestic Product — Annual growth US$ 3.22 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.44 % (2024)
- Gross Domestic Product — Value US$ 2.09 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.42 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.13 % (2024)
- Gross Domestic Product — Value US$ per capita 65,559 USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Australia and New Zealand?
- Gross fixed capital formation — value us$ in Australia and New Zealand was 529,563 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Australia and New Zealand?
- The highest recorded value was 529,563 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Australia and New Zealand?
- The lowest recorded value was 15,376 million USD in 1970.
- How does Australia and New Zealand rank for gross fixed capital formation — value us$?
- Australia and New Zealand ranks 8th out of 203 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Australia and New Zealand?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is volatile.
- Where does this Australia and New Zealand 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$. Statizoid updates them automatically from the source API.
Download this data
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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).