Gross Fixed Capital Formation — Value US$ in Oceania

Oceania: Gross Fixed Capital Formation — Value US$ was 538,945 million USD in 2024. ◆ Volatile

Latest (2024)
538,945 million USD
Change on year
up 7.3%
Rank
19th
of 32 groups
All-time high
538,945 million USD
in 2024
All-time low
16,256 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Oceania, 1970–2024

0200.0k400.0k600.0k197019972024

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 Oceania is 538,945 million USD, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 7.3% on the previous year and up 22.3% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Oceania peaked at 538,945 million USD in 2024 and was at its lowest, 16,256 million USD, in 1970.

Oceania ranks 19th of 32 groups 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 30,666 million USD 16,256 million USD 46,032 million USD 10
1980s 69,971 million USD 56,450 million USD 101,171 million USD 10
1990s 106,658 million USD 86,462 million USD 128,715 million USD 10
2000s 219,830 million USD 109,873 million USD 330,823 million USD 10
2010s 414,936 million USD 364,343 million USD 492,002 million USD 10
2020s 477,266 million USD 381,926 million USD 538,945 million USD 5

Countries ranked near Oceania

  1. 16 Brazil 371,217 million USD compare
  2. 17 Spain 340,538 million USD compare
  3. 18 Saudi Arabia 311,076 million USD compare
  4. 19 Netherlands (Kingdom of the) 242,525 million USD compare
  5. 20 Switzerland 228,997 million USD compare
  6. 21 USSR 227,207 million USD compare
  7. 22 Belgium 162,358 million USD compare

See the full ranking of 251 places →

More economy & growth data for Oceania

All data for Oceania →

Frequently asked questions

What is gross fixed capital formation — value us$ in Oceania?
Gross fixed capital formation — value us$ in Oceania was 538,945 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 Oceania?
The highest recorded value was 538,945 million USD in 2024.
What is the lowest gross fixed capital formation — value us$ recorded in Oceania?
The lowest recorded value was 16,256 million USD in 1970.
How does Oceania rank for gross fixed capital formation — value us$?
Oceania ranks 19th out of 32 groups with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Oceania?
Over the last ten years it is up 22.3%. The long-run trend across the full record is volatile.
Where does this Oceania 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

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).