Gross Fixed Capital Formation in Australia decreased to 122829 AUD Million in the fourth quarter of 2022 from 124626 AUD Million in the third quarter of 2022. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia averaged 54943.76 AUD Million from 1959 until 2022, reaching an all time high of 124626.00 AUD Million in the third quarter of 2022 and a record low of 10632.00 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 2023.

Gross Fixed Capital Formation in Australia is expected to be 126973.00 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 127411.00 AUD Million in 2024 and 130341.00 AUD Million in 2025, according to our econometric models.

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Australia Gross Fixed Capital Formation



Calendar GMT Actual Previous Consensus TEForecast
2022-12-07 12:30 AM Q3 -0.2% 0.5%
2023-03-01 12:30 AM Q4 -1.4% 0.1% -0.5%


Related Last Previous Unit Reference
GDP Growth Rate 0.50 0.70 percent Dec 2022
GDP Annual Growth Rate 2.70 5.90 percent Dec 2022
GDP Constant Prices 555690.00 553036.00 AUD Million Dec 2022
Gross National Product 545781.00 538191.00 AUD Million Dec 2022
Gross Fixed Capital Formation 122829.00 124626.00 AUD Million Dec 2022
GDP from Utilities 11574.00 12171.00 AUD Million Dec 2022
GDP from Public Administration 28567.00 28096.00 AUD Million Dec 2022
GDP from Mining 58330.00 56517.00 AUD Million Dec 2022
GDP from Manufacturing 28896.00 29414.00 AUD Million Dec 2022
GDP from Construction 38945.00 39055.00 AUD Million Dec 2022
GDP from Agriculture 14364.00 14742.00 AUD Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
122829.00 124626.00 124626.00 10632.00 1959 - 2022 AUD Million Quarterly
Constant Prices 2020-21, SA