Name: Australia Gross Fixed Capital Formation
Creator: TRADING ECONOMICS
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Keywords: Australia,Gross Fixed Capital Formation,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

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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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.