Gross Fixed Capital Formation in Australia decreased to 108668 AUD Million in the first quarter of 2020 from 109500 AUD Million in the fourth quarter of 2019.

Gross Fixed Capital Formation in Australia averaged 49965.83 AUD Million from 1959 until 2020, reaching an all time high of 119568 AUD Million in the fourth quarter of 2012 and a record low of 10212 AUD Million in the fourth quarter of 1959. This page provides the latest reported value for - Australia Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Gross Fixed Capital Formation - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia is expected to be 107460.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Australia to stand at 110081.00 in 12 months time. In the long-term, the Australia Gross Fixed Capital Formation is projected to trend around 105585.00 AUD Million in 2021 and 108225.00 AUD Million in 2022, according to our econometric models.

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Australia Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
108668.00 109500.00 119568.00 10212.00 1959 - 2020 AUD Million Quarterly
Constant Prices 2016-2017, SA


Calendar GMT Actual Previous Consensus TEForecast
2019-09-04 01:30 AM Q2 -1.7% -1%
2019-12-04 12:30 AM Q3 -0.2% -1.5%
2020-03-04 12:30 AM Q4 -1% 0.6%
2020-06-03 01:30 AM Q1 -0.8% -1.2%

Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.30 0.50 4.40 -2.00 percent [+]
GDP Annual Growth Rate 1.40 2.20 9.00 -3.40 percent [+]
GDP 1392.70 1433.90 1576.20 18.60 USD Billion [+]
GDP Constant Prices 478811.00 480280.00 480280.00 63799.00 AUD Million [+]
Gross National Product 475348.00 473029.00 475348.00 57487.00 AUD Million [+]
Gross Fixed Capital Formation 108668.00 109500.00 119568.00 10212.00 AUD Million [+]
GDP per capita 56919.40 56228.80 56919.40 19245.40 USD [+]
GDP per capita PPP 45439.30 44888.00 45439.30 27969.40 USD [+]
GDP From Agriculture 9137.00 9333.00 12355.00 3879.00 AUD Million [+]
GDP From Construction 32882.00 33033.00 37173.00 8565.00 AUD Million [+]
GDP From Manufacturing 26992.00 26424.00 30742.00 16320.00 AUD Million [+]
GDP From Mining 41771.00 42208.00 42208.00 5545.00 AUD Million [+]
GDP From Public Administration 25911.00 25553.00 25911.00 7996.00 AUD Million [+]
GDP From Utilities 11354.00 11545.00 11705.00 4004.00 AUD Million [+]


Australia Gross Fixed Capital Formation
Gross fixed capital formation is equal to the total value of a producer's acquisitions, less disposals, of fixed assets plus capital work done on own account during the accounting period plus certain additions to the value of non-produced assets realised by the productive activity of institutional units.