🇦🇺 Australia Gross fixed capital formation
Australia Gross fixed capital formation was $411.65B in 2024, up 3.1% from 2023, according to World Bank data. The 10-year average is $367.32B. Historical data available from 1960 to 2024 (65 data points). The all-time high was $411.65B in 2024.
Source: World Bank World Development Indicators • 1960–2024 • 65 data points • Economy & Growth
Latest Value
$411.65B
2024
Year-on-Year
+3.1%
vs 2023
10-Year Average
$367.32B
2015–2024
Range
High: $411.65B (2024)
Low: $31.66B (1960)
Australia Gross fixed capital formation (constant 2015 US$) — 1960 to 2024
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About this Indicator
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $411.65B |
| 2023 | $399.19B |
| 2022 | $391.32B |
| 2021 | $365.42B |
| 2020 | $351.28B |
| 2019 | $357.31B |
| 2018 | $360.97B |
| 2017 | $341.41B |
| 2016 | $340.41B |
| 2015 | $354.28B |
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<iframe src="https://nationstat.com/country/australia/gross-fixed-capital-formation-constant-2015-us" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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