Net investment in nonfinancial assets in Australia
Australia: Net investment in nonfinancial assets was 0.8% in 2022. ▲ Rising
Net investment in nonfinancial assets in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net investment in nonfinancial assets in Australia is 0.8%, measured in 2022.
Compared with earlier readings it is down 8.0% on the previous year and down 8.4% over ten years.
Over the whole period, net investment in nonfinancial assets in Australia peaked at 1.3% in 1987 and was at its lowest, 0.2%, in 1981.
Australia ranks 141st of 156 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Net investment in nonfinancial assets in Australia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 0.4% | — |
| 1973 | 0.4% | -11.0% |
| 1974 | 0.4% | +4.7% |
| 1975 | 0.7% | +72.2% |
| 1976 | 0.7% | +6.9% |
| 1977 | 0.6% | -23.3% |
| 1978 | 0.4% | -29.6% |
| 1979 | 0.3% | -32.8% |
| 1980 | 0.3% | +1.3% |
| 1981 | 0.2% | -43.6% |
| 1982 | 0.3% | +68.2% |
| 1983 | 0.4% | +37.2% |
| 1984 | 0.3% | -12.9% |
| 1985 | 1.2% | +273.1% |
| 1986 | 1.2% | +5.3% |
| 1987 | 1.3% | +2.0% |
| 1988 | 0.9% | -28.6% |
| 1989 | 0.9% | -3.0% |
| 1990 | 1.0% | +10.7% |
| 1991 | 0.9% | -1.4% |
| 1992 | 1.0% | +5.8% |
| 1993 | 0.9% | -14.0% |
| 1994 | 0.8% | -11.0% |
| 1995 | 0.9% | +14.2% |
| 1996 | 0.8% | -6.5% |
| 1997 | 0.8% | -5.6% |
| 1998 | 0.8% | +1.7% |
| 1999 | 0.4% | -53.9% |
| 2000 | 0.2% | -50.2% |
| 2001 | 0.6% | +216.8% |
| 2002 | 0.7% | +14.9% |
| 2003 | 0.7% | +0.2% |
| 2004 | 0.6% | -3.2% |
| 2005 | 0.7% | +13.0% |
| 2006 | 0.8% | +13.9% |
| 2007 | 0.8% | -2.8% |
| 2008 | 0.8% | +3.6% |
| 2009 | 1.0% | +15.6% |
| 2010 | 1.1% | +17.4% |
| 2011 | 1.0% | -12.8% |
| 2012 | 0.9% | -5.8% |
| 2013 | 0.6% | -38.6% |
| 2014 | 0.8% | +46.2% |
| 2015 | 0.9% | +8.4% |
| 2016 | 0.8% | -9.9% |
| 2017 | 0.6% | -19.6% |
| 2018 | 0.9% | +36.0% |
| 2019 | 0.9% | +6.2% |
| 2020 | 1.0% | +3.8% |
| 2021 | 0.9% | -5.8% |
| 2022 | 0.8% | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.3% | 0.7% | 8 |
| 1980s | 0.7% | 0.2% | 1.3% | 10 |
| 1990s | 0.8% | 0.4% | 1.0% | 10 |
| 2000s | 0.7% | 0.2% | 1.0% | 10 |
| 2010s | 0.9% | 0.6% | 1.1% | 10 |
| 2020s | 0.9% | 0.8% | 1.0% | 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 investment in nonfinancial assets in Australia?
- Net investment in nonfinancial assets in Australia was 0.8% 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 1.3% in 1987.
- What is the lowest net investment in nonfinancial assets recorded in Australia?
- The lowest recorded value was 0.2% in 1981.
- How does Australia rank for net investment in nonfinancial assets?
- Australia ranks 141st 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 down 8.4%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 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.