Gross Fixed Capital Formation in Australia increased to 115937 AUD Million in the first quarter of 2021 from 110680 AUD Million in the fourth quarter of 2020. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia averaged 52040.92 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 June of 2021.

Gross Fixed Capital Formation in Australia is expected to be 116000.00 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 114000.00 in 12 months time. In the long-term, the Australia Gross Fixed Capital Formation is projected to trend around 119000.00 AUD Million in 2022 and 123000.00 AUD Million in 2023, according to our econometric models.

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Australia Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
115937.00 110680.00 122290.00 10444.00 1959 - 2021 AUD Million Quarterly
Constant Prices 2018-19, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-02 01:30 AM Q2 -4.9% -0.5%
2020-12-02 12:30 AM Q3 -0.1% -4.9%
2021-03-03 12:30 AM Q4 3.6% 0.5%
2021-06-02 01:30 AM Q1 4.7% 3.4% 1.5%

Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.80 3.20 4.40 -7.00 percent [+]
GDP Annual Growth Rate 1.10 -1.00 9.00 -6.20 percent [+]
GDP 1397.00 1433.90 1576.20 18.60 USD Billion [+]
GDP Constant Prices 501065.00 492269.00 501065.00 65956.00 AUD Million [+]
Gross National Product 510848.00 495434.00 510848.00 58686.00 AUD Million [+]
Gross Fixed Capital Formation 115937.00 110680.00 122290.00 10444.00 AUD Million [+]
GDP per capita 57071.20 56864.30 57071.20 19245.60 USD [+]
GDP per capita PPP 49756.30 49576.00 49756.30 30544.10 USD [+]
GDP From Agriculture 12627.00 12276.00 12627.00 3934.00 AUD Million [+]
GDP From Construction 34574.00 33122.00 37992.00 8759.00 AUD Million [+]
GDP From Manufacturing 27893.00 27090.00 31868.00 16918.00 AUD Million [+]
GDP From Mining 49257.00 48930.00 50778.00 6734.00 AUD Million [+]
GDP From Public Administration 27926.00 28123.00 28123.00 8176.00 AUD Million [+]
GDP From Utilities 11529.00 11629.00 12079.00 4108.00 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.