Gross Fixed Capital Formation in Australia decreased to 105954 AUD Million in the third quarter of 2020 from 106067 AUD Million in the second quarter of 2020. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia averaged 51533.87 AUD Million from 1959 until 2020, reaching an all time high of 122288 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 January of 2021.

Gross Fixed Capital Formation in Australia is expected to be 107537.00 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 111252.00 in 12 months time. In the long-term, the Australia Gross Fixed Capital Formation is projected to trend around 111624.00 AUD Million in 2021 and 114972.00 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
105954.00 106067.00 122288.00 10444.00 1959 - 2020 AUD Million Quarterly
Constant Prices 2018-19, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-04 12:30 AM Q4 -1% 0.6%
2020-06-03 01:30 AM Q1 -0.8% -1.2%
2020-09-02 01:30 AM Q2 -4.9% -0.5%
2020-12-02 12:30 AM Q3 -0.1% -4.9%

Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.30 -7.00 4.40 -7.00 percent [+]
GDP Annual Growth Rate -3.80 -6.40 9.00 -6.40 percent [+]
GDP 1392.70 1433.90 1576.20 18.60 USD Billion [+]
GDP Constant Prices 476043.00 460710.00 496921.00 65956.00 AUD Million [+]
Gross National Product 474063.00 455827.00 486423.00 58686.00 AUD Million [+]
Gross Fixed Capital Formation 105954.00 106067.00 122288.00 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 8816.00 8867.00 12510.00 3934.00 AUD Million [+]
GDP From Construction 32897.00 32174.00 37997.00 8759.00 AUD Million [+]
GDP From Manufacturing 26660.00 25631.00 31868.00 16918.00 AUD Million [+]
GDP From Mining 49672.00 50548.00 50830.00 6734.00 AUD Million [+]
GDP From Public Administration 28014.00 27604.00 28014.00 8176.00 AUD Million [+]
GDP From Utilities 11694.00 11583.00 12085.00 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.