Gross fixed capital formation, General government, Constant prices in Australia

Australia: Gross fixed capital formation, General government, Constant prices was 6.1 % change on previous year in 2019. ◆ Volatile

Latest (2019)
6.1 % change on previous year
Change on year
up 131.7%
World rank
62nd
of 173 countries
All-time high
26.9 % change on previous year
in 2010
All-time low
-13.36 % change on previous year
in 1995
Years of data
59
1961–2019

Gross fixed capital formation, General government, Constant prices in Australia, 1961–2019

-100102030196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation, general government, constant prices in Australia is 6.1 % change on previous year, measured in 2019.

The figure is up 131.7% on the previous year and down 26.0% over ten years.

Over the whole period, gross fixed capital formation, general government, constant prices in Australia peaked at 26.9 % change on previous year in 2010 and was at its lowest, -13.36 % change on previous year, in 1995.

That places Australia 62nd out of 173 countries with data for 2019, putting it 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, General government, Constant prices in Australia, year by year

Annual values for Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Australia, 1961 to 2019.
Year % change on previous year Change
1961 1.76 % change on previous year
1962 -1.2 % change on previous year -168.0%
1963 11.43 % change on previous year -1053.4%
1964 13.12 % change on previous year +14.8%
1965 18.54 % change on previous year +41.3%
1966 15.15 % change on previous year -18.3%
1967 5.29 % change on previous year -65.1%
1968 5.13 % change on previous year -3.2%
1969 -2.27 % change on previous year -144.3%
1970 -4.45 % change on previous year +95.8%
1971 3.75 % change on previous year -184.2%
1972 3.4 % change on previous year -9.2%
1973 -1.23 % change on previous year -136.0%
1974 6.89 % change on previous year -662.0%
1975 10.21 % change on previous year +48.2%
1976 -7.69 % change on previous year -175.3%
1977 1.92 % change on previous year -124.9%
1978 -2.53 % change on previous year -231.8%
1979 -2.52 % change on previous year -0.3%
1980 -6.25 % change on previous year +148.4%
1981 -3.7 % change on previous year -40.7%
1982 -0.7944 % change on previous year -78.6%
1983 9.6 % change on previous year -1308.6%
1984 16.67 % change on previous year +73.6%
1985 7.4 % change on previous year -55.6%
1986 8.72 % change on previous year +17.7%
1987 -4.15 % change on previous year -147.6%
1988 -9.62 % change on previous year +131.8%
1989 12.17 % change on previous year -226.5%
1990 0.3602 % change on previous year -97.0%
1991 8.05 % change on previous year +2134.5%
1992 2.32 % change on previous year -71.2%
1993 5.24 % change on previous year +125.9%
1994 9.91 % change on previous year +89.1%
1995 -13.36 % change on previous year -234.7%
1996 10.78 % change on previous year -180.7%
1997 13.72 % change on previous year +27.3%
1998 -3.13 % change on previous year -122.8%
1999 3.69 % change on previous year -217.9%
2000 14.37 % change on previous year +289.2%
2001 3.27 % change on previous year -77.2%
2002 5.78 % change on previous year +76.4%
2003 -1.82 % change on previous year -131.5%
2004 9.47 % change on previous year -621.0%
2005 11.08 % change on previous year +17.0%
2006 0.0305 % change on previous year -99.7%
2007 7.48 % change on previous year +24406.0%
2008 16.19 % change on previous year +116.4%
2009 8.24 % change on previous year -49.1%
2010 26.9 % change on previous year +226.7%
2011 -6.48 % change on previous year -124.1%
2012 -2.88 % change on previous year -55.6%
2013 -6.43 % change on previous year +123.4%
2014 2.85 % change on previous year -144.4%
2015 -6.69 % change on previous year -334.4%
2016 15.2 % change on previous year -327.1%
2017 17.47 % change on previous year +14.9%
2018 2.63 % change on previous year -84.9%
2019 6.1 % change on previous year +131.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.44 % change on previous year -2.27 % change on previous year 18.54 % change on previous year 9
1970s 0.7751 % change on previous year -7.69 % change on previous year 10.21 % change on previous year 10
1980s 3 % change on previous year -9.62 % change on previous year 16.67 % change on previous year 10
1990s 3.76 % change on previous year -13.36 % change on previous year 13.72 % change on previous year 10
2000s 7.41 % change on previous year -1.82 % change on previous year 16.19 % change on previous year 10
2010s 4.87 % change on previous year -6.69 % change on previous year 26.9 % change on previous year 10

Countries ranked near Australia

  1. 59 Slovenia 7.06 % change on previous year compare
  2. 60 Ukraine 6.88 % change on previous year compare
  3. 61 Zambia 6.46 % change on previous year compare
  4. 63 China 5.82 % change on previous year compare
  5. 64 Taiwan 5.27 % change on previous year compare
  6. 65 Chad 5.11 % change on previous year compare

See the full ranking of 173 places →

More public sector data for Australia

All data for Australia →

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 6.1 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross fixed capital formation, general government, constant prices recorded in Australia?
The highest recorded value was 26.9 % change on previous year in 2010.
What is the lowest gross fixed capital formation, general government, constant prices recorded in Australia?
The lowest recorded value was -13.36 % change on previous year in 1995.
How does Australia rank for gross fixed capital formation, general government, constant prices?
Australia ranks 62nd 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 down 26.0%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Statizoid (derived), published as part of Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, General government, Constant prices in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://public-sector.statizoid.com/stat/gross-fixed-capital-formation-general-government-constant-prices-purchasing-power-parity-5/australia/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
173 places, 10,115 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.