Gross Fixed Capital Formation — Value US$ in Oceania
Oceania: Gross Fixed Capital Formation — Value US$ was 538,945 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Oceania, 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 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 30 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.
Gross Fixed Capital Formation — Value US$ in Oceania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 16,256 million USD | — |
| 1971 | 17,782 million USD | +9.4% |
| 1972 | 20,374 million USD | +14.6% |
| 1973 | 28,290 million USD | +38.9% |
| 1974 | 31,294 million USD | +10.6% |
| 1975 | 33,849 million USD | +8.2% |
| 1976 | 35,129 million USD | +3.8% |
| 1977 | 35,558 million USD | +1.2% |
| 1978 | 42,092 million USD | +18.4% |
| 1979 | 46,032 million USD | +9.4% |
| 1980 | 56,450 million USD | +22.6% |
| 1981 | 66,974 million USD | +18.6% |
| 1982 | 59,673 million USD | -10.9% |
| 1983 | 58,662 million USD | -1.7% |
| 1984 | 64,039 million USD | +9.2% |
| 1985 | 59,765 million USD | -6.7% |
| 1986 | 63,383 million USD | +6.1% |
| 1987 | 74,418 million USD | +17.4% |
| 1988 | 95,177 million USD | +27.9% |
| 1989 | 101,171 million USD | +6.3% |
| 1990 | 92,121 million USD | -8.9% |
| 1991 | 86,462 million USD | -6.1% |
| 1992 | 87,555 million USD | +1.3% |
| 1993 | 88,287 million USD | +0.8% |
| 1994 | 105,855 million USD | +19.9% |
| 1995 | 112,601 million USD | +6.4% |
| 1996 | 123,847 million USD | +10.0% |
| 1997 | 128,715 million USD | +3.9% |
| 1998 | 113,948 million USD | -11.5% |
| 1999 | 127,190 million USD | +11.6% |
| 2000 | 109,873 million USD | -13.6% |
| 2001 | 109,956 million USD | +0.1% |
| 2002 | 131,098 million USD | +19.2% |
| 2003 | 173,342 million USD | +32.2% |
| 2004 | 213,761 million USD | +23.3% |
| 2005 | 245,935 million USD | +15.1% |
| 2006 | 257,328 million USD | +4.6% |
| 2007 | 318,388 million USD | +23.7% |
| 2008 | 330,823 million USD | +3.9% |
| 2009 | 307,797 million USD | -7.0% |
| 2010 | 377,732 million USD | +22.7% |
| 2011 | 469,710 million USD | +24.4% |
| 2012 | 492,002 million USD | +4.7% |
| 2013 | 467,875 million USD | -4.9% |
| 2014 | 440,507 million USD | -5.8% |
| 2015 | 364,722 million USD | -17.2% |
| 2016 | 364,343 million USD | -0.1% |
| 2017 | 400,574 million USD | +9.9% |
| 2018 | 399,192 million USD | -0.3% |
| 2019 | 372,702 million USD | -6.6% |
| 2020 | 381,926 million USD | +2.5% |
| 2021 | 477,108 million USD | +24.9% |
| 2022 | 486,185 million USD | +1.9% |
| 2023 | 502,164 million USD | +3.3% |
| 2024 | 538,945 million USD | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Oceania
- Gross Fixed Capital Formation — Value US$, 2015 prices 462,578 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.38 % change on previous year (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$, 2015 prices 1.3 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.1357 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.84 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 7.32 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ 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$?
- Oceania ranks 19th out of 30 groups with data for 2024.
- Is gross fixed capital formation — value us$ 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
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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).