Australia - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Australia was 22.65 as of 2020. Its highest value over the past 60 years was 32.48 in 1968, while its lowest value was 22.65 in 2020.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 30.26
1961 30.29
1962 29.79
1963 29.56
1964 30.05
1965 31.10
1966 32.27
1967 31.43
1968 32.48
1969 31.38
1970 31.47
1971 30.64
1972 30.07
1973 29.06
1974 28.48
1975 25.84
1976 26.20
1977 25.78
1978 26.31
1979 26.67
1980 26.40
1981 28.39
1982 28.94
1983 26.54
1984 26.03
1985 27.03
1986 28.16
1987 27.95
1988 27.77
1989 28.71
1990 27.67
1991 24.57
1992 22.84
1993 23.49
1994 23.96
1995 25.11
1996 24.16
1997 24.05
1998 25.18
1999 25.41
2000 25.97
2001 23.24
2002 24.32
2003 26.07
2004 26.65
2005 27.04
2006 27.82
2007 27.43
2008 28.24
2009 27.62
2010 27.06
2011 26.03
2012 27.42
2013 27.86
2014 26.88
2015 26.23
2016 25.35
2017 24.00
2018 24.39
2019 23.33
2020 22.65

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts