Gross Fixed Capital Formation in Australia increased to 122253 AUD Million in the first quarter of 2022 from 121356 AUD Million in the fourth quarter of 2021. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia averaged 53864.46 AUD Million from 1959 until 2022, 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 August of 2022.

Gross Fixed Capital Formation in Australia is expected to be 127405.00 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 129744.00 AUD Million in 2023 and 134026.00 AUD Million in 2024, according to our econometric models.

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Australia Gross Fixed Capital Formation



Calendar GMT Actual Previous Consensus TEForecast
2022-03-02 12:30 AM Q4 -1.5% 0.1%
2022-06-01 01:30 AM Q1 0.7% -0.9% -0.3%


Related Last Previous Unit Reference
GDP Growth Rate 0.80 3.60 percent Mar 2022
GDP Annual Growth Rate 3.30 4.40 percent Mar 2022
GDP Constant Prices 527676.00 523725.00 AUD Million Mar 2022
Gross National Product 532483.00 521833.00 AUD Million Mar 2022
Gross Fixed Capital Formation 122253.00 121356.00 AUD Million Mar 2022
GDP From Utilities 11847.00 11736.00 AUD Million Mar 2022
GDP From Public Administration 28503.00 28448.00 AUD Million Mar 2022
GDP From Mining 48747.00 49511.00 AUD Million Mar 2022
GDP From Manufacturing 29635.00 29322.00 AUD Million Mar 2022
GDP From Construction 36999.00 36919.00 AUD Million Mar 2022
GDP From Agriculture 15010.00 15927.00 AUD Million Mar 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
122253.00 121356.00 123957.00 10587.00 1959 - 2022 AUD Million Quarterly
Constant Prices 2018-19, SA