Net acquisition of financial assets in Australia
Australia: Net acquisition of financial assets was 2.1% in 2022. ◆ Volatile
Net acquisition of financial assets in Australia, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net acquisition of financial assets in Australia is 2.1%, measured in 2022.
The figure is up 611.3% on the previous year and up 359.1% over ten years.
Over the whole period, net acquisition of financial assets in Australia peaked at 4.2% in 2020 and was at its lowest, -2.6%, in 1998.
That places Australia 36th out of 134 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Australia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -0.3% | — |
| 1991 | -0.4% | +24.4% |
| 1992 | -0.5% | +29.6% |
| 1993 | -0.6% | +17.3% |
| 1994 | -0.7% | +26.4% |
| 1995 | -0.3% | -58.5% |
| 1996 | -1.0% | +228.5% |
| 1997 | -1.3% | +34.2% |
| 1998 | -2.6% | +95.7% |
| 1999 | -0.3% | -89.0% |
| 2000 | 0.7% | -350.4% |
| 2005 | 1.3% | +89.0% |
| 2006 | 2.5% | +88.2% |
| 2007 | 2.3% | -7.9% |
| 2008 | 2.0% | -14.7% |
| 2009 | 2.0% | +3.4% |
| 2010 | 0.2% | -92.5% |
| 2011 | -0.0% | -112.4% |
| 2012 | 0.5% | -2551.1% |
| 2013 | 1.2% | +166.3% |
| 2014 | 1.6% | +30.4% |
| 2015 | 1.0% | -40.6% |
| 2016 | 1.4% | +40.2% |
| 2017 | 3.0% | +122.7% |
| 2018 | 1.2% | -58.5% |
| 2019 | 0.8% | -32.7% |
| 2020 | 4.2% | +395.8% |
| 2021 | -0.4% | -110.0% |
| 2022 | 2.1% | -611.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.8% | -2.6% | -0.3% | 10 |
| 2000s | 1.8% | 0.7% | 2.5% | 6 |
| 2010s | 1.1% | -0.0% | 3.0% | 10 |
| 2020s | 2.0% | -0.4% | 4.2% | 3 |
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 net acquisition of financial assets in Australia?
- Net acquisition of financial assets in Australia was 2.1% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Australia?
- The highest recorded value was 4.2% in 2020.
- What is the lowest net acquisition of financial assets recorded in Australia?
- The lowest recorded value was -2.6% in 1998.
- How does Australia rank for net acquisition of financial assets?
- Australia ranks 36th out of 134 countries with data for 2022.
- Is net acquisition of financial assets rising or falling in Australia?
- Over the last ten years it is up 359.1%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.