Gross Fixed Capital Formation in Australia increased to 120588 AUD Million in the second quarter of 2021 from 116838 AUD Million in the first quarter of 2021. source: Australian Bureau of Statistics
Gross Fixed Capital Formation in Australia averaged 52321.37 AUD Million from 1959 until 2021, reaching an all time high of 122290 AUD Million in the fourth quarter of 2012 and a record low of 10444 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 September of 2021.
Gross Fixed Capital Formation in Australia is expected to be 110775.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Gross Fixed Capital Formation is projected to trend around 117871.00 AUD Million in 2022 and 121407.00 AUD Million in 2023, according to our econometric models.