Annual government: Gross fixed capital … non-financial Gross in Australia
Australia: Annual government: Gross fixed capital … non-financial Gross was 110,836 National currency in 2024. ◆ Volatile
Annual government non-financial accounts and key indicators in Australia, 1959–2024
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: Gross fixed capital … non-financial Gross in Australia, year by year
| 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% |
Australia compared with similar countries
- Australia's 110,836 National currency is above the median for high income countries, which is 107,623 National currency, 1.0× the median. (30 countries reporting)
- Australia's 110,836 National currency is below the median for East Asia & Pacific, which is 9.02 million National currency, 1% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More public sector data for Australia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 826.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 36.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 159.37 % change on previous year (2024)
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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About this data
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