Annual government non-financial accounts and key indicators in Australia

Australia: Annual government non-financial accounts and key indicators was 110,836 National currency in 2024. ◆ Volatile

Latest (2024)
110,836 National currency
Change on year
up 2.5%
World rank
21st
of 36 countries
All-time high
110,836 National currency
in 2024
All-time low
631 National currency
in 1959
Years of data
66
1959–2024

Annual government non-financial accounts and key indicators in Australia, 1959–2024

025.0k50.0k75.0k100.0k195919912024

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

In 2024, annual government non-financial accounts and key indicators in Australia stood at 110,836 National currency. That is the highest value across all 66 years on record.

That represents a change of up 2.5% on the previous year and up 116.6% over ten years.

Over the whole period, annual government non-financial accounts and key indicators in Australia peaked at 110,836 National currency in 2024 and was at its lowest, 631 National currency, in 1959.

That places Australia 21st out of 36 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Annual government non-financial accounts and key indicators in Australia, year by year

Annual values for Annual government non-financial accounts and key indicators (Expenditure) — Gross fixed capital formation in Australia, 1959 to 2024.
Year National currency Change
1959 631 National currency
1960 685 National currency +8.6%
1961 704 National currency +2.8%
1962 752 National currency +6.8%
1963 896 National currency +19.1%
1964 1,019 National currency +13.7%
1965 1,299 National currency +27.5%
1966 1,460 National currency +12.4%
1967 1,586 National currency +8.6%
1968 1,637 National currency +3.2%
1969 1,625 National currency -0.7%
1970 1,745 National currency +7.4%
1971 1,922 National currency +10.1%
1972 2,150 National currency +11.9%
1973 2,401 National currency +11.7%
1974 3,369 National currency +40.3%
1975 4,123 National currency +22.4%
1976 4,267 National currency +3.5%
1977 4,504 National currency +5.6%
1978 4,649 National currency +3.2%
1979 4,809 National currency +3.4%
1980 5,156 National currency +7.2%
1981 5,605 National currency +8.7%
1982 6,614 National currency +18.0%
1983 8,115 National currency +22.7%
1984 9,360 National currency +15.3%
1985 10,757 National currency +14.9%
1986 11,730 National currency +9.0%
1987 11,093 National currency -5.4%
1988 11,432 National currency +3.1%
1989 13,162 National currency +15.1%
1990 13,662 National currency +3.8%
1991 13,897 National currency +1.7%
1992 15,007 National currency +8.0%
1993 15,060 National currency +0.4%
1994 15,756 National currency +4.6%
1995 15,775 National currency +0.1%
1996 16,571 National currency +5.0%
1997 16,420 National currency -0.9%
1998 17,912 National currency +9.1%
1999 19,930 National currency +11.3%
2000 21,292 National currency +6.8%
2001 22,466 National currency +5.5%
2002 23,027 National currency +2.5%
2003 23,421 National currency +1.7%
2004 26,296 National currency +12.3%
2005 29,682 National currency +12.9%
2006 32,432 National currency +9.3%
2007 37,816 National currency +16.6%
2008 42,647 National currency +12.8%
2009 55,180 National currency +29.4%
2010 53,865 National currency -2.4%
2011 54,945 National currency +2.0%
2012 50,412 National currency -8.3%
2013 51,145 National currency +1.5%
2014 51,166 National currency +0.0%
2015 53,714 National currency +5.0%
2016 62,630 National currency +16.6%
2017 69,348 National currency +10.7%
2018 75,667 National currency +9.1%
2019 78,801 National currency +4.1%
2020 81,835 National currency +3.9%
2021 90,592 National currency +10.7%
2022 101,142 National currency +11.6%
2023 108,173 National currency +7.0%
2024 110,836 National currency +2.5%

Averages by decade

DecadeAverage LowestHighest Years
1950s 631 National currency 631 National currency 631 National currency 1
1960s 1,166 National currency 685 National currency 1,637 National currency 10
1970s 3,394 National currency 1,745 National currency 4,809 National currency 10
1980s 9,302 National currency 5,156 National currency 13,162 National currency 10
1990s 15,999 National currency 13,662 National currency 19,930 National currency 10
2000s 31,426 National currency 21,292 National currency 55,180 National currency 10
2010s 60,169 National currency 50,412 National currency 78,801 National currency 10
2020s 98,516 National currency 81,835 National currency 110,836 National currency 5

Countries ranked near Australia

  1. 18 Canada 134,858 National currency compare
  2. 19 France 131,649 National currency compare
  3. 20 Romania 115,362 National currency compare
  4. 22 Denmark 104,410 National currency compare
  5. 23 Israel 102,962 National currency compare
  6. 24 United Kingdom of Great Britain and Northern Ireland 100,438 National currency compare

See the full ranking of 48 places →

More public sector data for Australia

All data for Australia →

Frequently asked questions

What is annual government non-financial accounts and key indicators in Australia?
Annual government non-financial accounts and key indicators in Australia was 110,836 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government non-financial accounts and key indicators recorded in Australia?
The highest recorded value was 110,836 National currency in 2024.
What is the lowest annual government non-financial accounts and key indicators recorded in Australia?
The lowest recorded value was 631 National currency in 1959.
How does Australia rank for annual government non-financial accounts and key indicators?
Australia ranks 21st out of 36 countries with data for 2024.
Is annual government non-financial accounts and key indicators rising or falling in Australia?
Over the last ten years it is up 116.6%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government non-financial accounts and key indicators (Expenditure) — Gross fixed capital formation. Statizoid updates them automatically from the source API.

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Annual government non-financial accounts and key indicators in Australia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 02 September 2026, from https://public-sector.statizoid.com/stat/annual-government-non-financial-accounts-and-key-indicators-expenditure-gross-fixed/australia/

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About this data

Indicator
Annual government non-financial accounts and key indicators (Expenditure) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 1,504 data points, 1959–2025
Last refreshed

This table presents the full sequence of non-financial accounts for the General Government sector and its sub-sectors from the production account to the capital account. It shows the Expenditure (or Uses) side of the accounts, not including the balancing items, and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenues)’ and ‘Annual government non-financial accounts and key indicators (Balancing items)’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. It is also possible to select the government sub-sectors – central, local and state (regional) government and social security funds – using the ‘Institutional sector’ filter.These indicators were presented in the previous dissemination system in the SNA_TABLE12 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org