Gross fixed capital formation, General government, Constant prices in Australia
Australia: Gross fixed capital formation, General government, Constant prices was 3.9 in 2019. ▲ Rising
Gross fixed capital formation, General government, Constant prices in Australia, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in Australia is 3.9, measured in 2019.
Compared with earlier readings it is up 4.2% on the previous year and up 18.1% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Australia peaked at 4.09 in 2010 and was at its lowest, 1.96, in 1982.
Australia ranks 85th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, General government, Constant prices in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2.51 | — |
| 1961 | 2.55 | +1.7% |
| 1962 | 2.39 | -6.3% |
| 1963 | 2.51 | +5.0% |
| 1964 | 2.67 | +6.5% |
| 1965 | 3.01 | +12.9% |
| 1966 | 3.37 | +11.9% |
| 1967 | 3.31 | -1.8% |
| 1968 | 3.31 | -0.2% |
| 1969 | 3.04 | -8.0% |
| 1970 | 2.72 | -10.7% |
| 1971 | 2.71 | -0.1% |
| 1972 | 2.74 | +1.1% |
| 1973 | 2.6 | -5.3% |
| 1974 | 2.73 | +5.2% |
| 1975 | 2.94 | +7.5% |
| 1976 | 2.61 | -11.1% |
| 1977 | 2.62 | +0.4% |
| 1978 | 2.51 | -4.5% |
| 1979 | 2.34 | -6.8% |
| 1980 | 2.13 | -8.7% |
| 1981 | 1.97 | -7.6% |
| 1982 | 1.96 | -0.4% |
| 1983 | 2.15 | +9.8% |
| 1984 | 2.36 | +9.5% |
| 1985 | 2.41 | +2.3% |
| 1986 | 2.57 | +6.7% |
| 1987 | 2.34 | -9.0% |
| 1988 | 2.03 | -13.5% |
| 1989 | 2.18 | +7.5% |
| 1990 | 2.16 | -1.0% |
| 1991 | 2.36 | +9.5% |
| 1992 | 2.35 | -0.6% |
| 1993 | 2.37 | +1.1% |
| 1994 | 2.49 | +4.9% |
| 1995 | 2.09 | -15.9% |
| 1996 | 2.23 | +6.5% |
| 1997 | 2.43 | +9.2% |
| 1998 | 2.25 | -7.7% |
| 1999 | 2.23 | -0.5% |
| 2000 | 2.47 | +10.7% |
| 2001 | 2.49 | +0.6% |
| 2002 | 2.53 | +1.7% |
| 2003 | 2.41 | -4.6% |
| 2004 | 2.54 | +5.3% |
| 2005 | 2.74 | +7.8% |
| 2006 | 2.67 | -2.7% |
| 2007 | 2.75 | +2.9% |
| 2008 | 3.11 | +13.3% |
| 2009 | 3.3 | +6.2% |
| 2010 | 4.09 | +23.9% |
| 2011 | 3.73 | -9.0% |
| 2012 | 3.48 | -6.5% |
| 2013 | 3.19 | -8.4% |
| 2014 | 3.2 | +0.3% |
| 2015 | 2.92 | -8.8% |
| 2016 | 3.27 | +12.1% |
| 2017 | 3.75 | +14.6% |
| 2018 | 3.75 | -0.1% |
| 2019 | 3.9 | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.87 | 2.39 | 3.37 | 10 |
| 1970s | 2.65 | 2.34 | 2.94 | 10 |
| 1980s | 2.21 | 1.96 | 2.57 | 10 |
| 1990s | 2.3 | 2.09 | 2.49 | 10 |
| 2000s | 2.7 | 2.41 | 3.3 | 10 |
| 2010s | 3.53 | 2.92 | 4.09 | 10 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 983.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,244 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0192 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.42 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 33.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 49.27 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Australia?
- Gross fixed capital formation, general government, constant prices in Australia was 3.9 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Australia?
- The highest recorded value was 4.09 in 2010.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Australia?
- The lowest recorded value was 1.96 in 1982.
- How does Australia rank for gross fixed capital formation, general government, constant prices?
- Australia ranks 85th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Australia?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.