Gross Fixed Capital Formation in Australia increased to 122096 AUD Million in the third quarter of 2021 from 121883 AUD Million in the second quarter of 2021. source: Australian Bureau of Statistics
Gross Fixed Capital Formation in Australia averaged 53310.86 AUD Million from 1959 until 2021, reaching an all time high of 123957 AUD Million in the fourth quarter of 2012 and a record low of 10587 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 December of 2021.
Gross Fixed Capital Formation in Australia is expected to be 112802.00 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 116186.00 AUD Million in 2022 and 119672.00 AUD Million in 2023, according to our econometric models.