Gross Fixed Capital Formation in Australia decreased to 109237 AUD Million in the third quarter of 2019 from 109413 AUD Million in the second quarter of 2019. Australia Gross Fixed Capital Formation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Gross Fixed Capital Formation in Australia averaged 49464.24 AUD Million from 1959 until 2019, reaching an all time high of 119585 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. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia is expected to be 111983.00 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 111640.00 in 12 months time. In the long-term, the Australia Gross Fixed Capital Formation is projected to trend around 114431.00 AUD Million in 2021 and 117292.00 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
109237.00 109413.00 119585.00 10212.00 1959 - 2019 AUD Million Quarterly
Constant Prices 2016-2017, SA


Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 12:30 AM Q4 -1% 0.6%
2019-06-05 01:30 AM Q1 -0.7% -1%
2019-09-04 01:30 AM Q2 -1.7% -1%
2019-12-04 12:30 AM Q3 -0.2% -1.5%


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.