Gross fixed capital formation, General … General Purchasing in Australia
Australia: Gross fixed capital formation, General … General Purchasing was 49.99 in 2019. ◆ Volatile
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 49.99, measured in 2019. That is the highest value across all 60 years on record.
That represents a change of up 6.1% on the previous year and up 52.5% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Australia peaked at 49.99 in 2019 and was at its lowest, 4.45, in 1960.
That places Australia 22nd out of 173 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General … General Purchasing in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 4.45 | — |
| 1961 | 4.53 | +1.8% |
| 1962 | 4.48 | -1.2% |
| 1963 | 4.99 | +11.4% |
| 1964 | 5.65 | +13.1% |
| 1965 | 6.69 | +18.5% |
| 1966 | 7.71 | +15.2% |
| 1967 | 8.12 | +5.3% |
| 1968 | 8.53 | +5.1% |
| 1969 | 8.34 | -2.3% |
| 1970 | 7.97 | -4.5% |
| 1971 | 8.26 | +3.7% |
| 1972 | 8.55 | +3.4% |
| 1973 | 8.44 | -1.2% |
| 1974 | 9.02 | +6.9% |
| 1975 | 9.94 | +10.2% |
| 1976 | 9.18 | -7.7% |
| 1977 | 9.35 | +1.9% |
| 1978 | 9.12 | -2.5% |
| 1979 | 8.89 | -2.5% |
| 1980 | 8.33 | -6.3% |
| 1981 | 8.02 | -3.7% |
| 1982 | 7.96 | -0.8% |
| 1983 | 8.73 | +9.6% |
| 1984 | 10.18 | +16.7% |
| 1985 | 10.93 | +7.4% |
| 1986 | 11.89 | +8.7% |
| 1987 | 11.39 | -4.1% |
| 1988 | 10.3 | -9.6% |
| 1989 | 11.55 | +12.2% |
| 1990 | 11.59 | +0.4% |
| 1991 | 12.52 | +8.0% |
| 1992 | 12.81 | +2.3% |
| 1993 | 13.49 | +5.2% |
| 1994 | 14.82 | +9.9% |
| 1995 | 12.84 | -13.4% |
| 1996 | 14.23 | +10.8% |
| 1997 | 16.18 | +13.7% |
| 1998 | 15.67 | -3.1% |
| 1999 | 16.25 | +3.7% |
| 2000 | 18.59 | +14.4% |
| 2001 | 19.2 | +3.3% |
| 2002 | 20.3 | +5.8% |
| 2003 | 19.94 | -1.8% |
| 2004 | 21.82 | +9.5% |
| 2005 | 24.24 | +11.1% |
| 2006 | 24.25 | +0.0% |
| 2007 | 26.06 | +7.5% |
| 2008 | 30.28 | +16.2% |
| 2009 | 32.78 | +8.2% |
| 2010 | 41.59 | +26.9% |
| 2011 | 38.9 | -6.5% |
| 2012 | 37.78 | -2.9% |
| 2013 | 35.35 | -6.4% |
| 2014 | 36.36 | +2.9% |
| 2015 | 33.93 | -6.7% |
| 2016 | 39.09 | +15.2% |
| 2017 | 45.91 | +17.5% |
| 2018 | 47.12 | +2.6% |
| 2019 | 49.99 | +6.1% |
Australia compared with similar countries
- Australia's 49.99 is above the median for high income countries, which is 10.94, 4.6× the median. (58 countries reporting)
- Australia's 49.99 is above the median for East Asia & Pacific, which is 22.06, 2.3× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.35 | 4.45 | 8.53 | 10 |
| 1970s | 8.87 | 7.97 | 9.94 | 10 |
| 1980s | 9.93 | 7.96 | 11.89 | 10 |
| 1990s | 14.04 | 11.59 | 16.25 | 10 |
| 2000s | 23.75 | 18.59 | 32.78 | 10 |
| 2010s | 40.6 | 33.93 | 49.99 | 10 |
Countries ranked near Australia
More public sector data for Australia
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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 49.99 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 49.99 in 2019.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Australia?
- The lowest recorded value was 4.45 in 1960.
- How does Australia rank for gross fixed capital formation, general government, constant prices?
- Australia ranks 22nd 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 52.5%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.