Net investment in nonfinancial assets in Australia
Australia: Net investment in nonfinancial assets was 19.74 billion current LCU in 2022. ◆ Volatile
Net investment in nonfinancial assets in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, net investment in nonfinancial assets in Australia stood at 19.74 billion current LCU. That is the highest value across all 51 years on record.
The figure is up 2.8% on the previous year and up 42.2% over ten years.
Over the whole period, net investment in nonfinancial assets in Australia peaked at 19.74 billion current LCU in 2022 and was at its lowest, 194.00 million current LCU, in 1973.
That places Australia 82nd out of 156 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 382.62 million current LCU | 194.00 million current LCU | 625.00 million current LCU | 8 |
| 1980s | 1.80 billion current LCU | 237.00 million current LCU | 3.59 billion current LCU | 10 |
| 1990s | 3.93 billion current LCU | 2.26 billion current LCU | 4.64 billion current LCU | 10 |
| 2000s | 6.65 billion current LCU | 1.20 billion current LCU | 12.09 billion current LCU | 10 |
| 2010s | 13.87 billion current LCU | 8.73 billion current LCU | 18.35 billion current LCU | 10 |
| 2020s | 19.44 billion current LCU | 19.20 billion current LCU | 19.74 billion current LCU | 3 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.6% (2022)
- Taxes on income, profits and capital gains 67.9% (2022)
- Taxes on goods and services 17.8% (2022)
- Net investment in nonfinancial assets 0.8% (2022)
- Net lending (+) / net borrowing (-) -1.3% (2022)
- Interest payments 3.1% (2022)
- Grants and other revenue 11.5% (2022)
- Interest payments 3.0% (2022)
- Other taxes 0.2% (2022)
Frequently asked questions
- What is net investment in nonfinancial assets in Australia?
- Net investment in nonfinancial assets in Australia was 19.74 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Australia?
- The highest recorded value was 19.74 billion current LCU in 2022.
- What is the lowest net investment in nonfinancial assets recorded in Australia?
- The lowest recorded value was 194.00 million current LCU in 1973.
- How does Australia rank for net investment in nonfinancial assets?
- Australia ranks 82nd out of 156 countries with data for 2022.
- Is net investment in nonfinancial assets rising or falling in Australia?
- Over the last ten years it is up 42.2%. 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 investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.