Gross Fixed Capital Formation in Australia increased to 125700 AUD Million in the first quarter of 2023 from 123532 AUD Million in the fourth quarter of 2022. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia averaged 55224.72 AUD Million from 1959 until 2023, reaching an all time high of 125700.00 AUD Million in the first quarter of 2023 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 August of 2023.

Gross Fixed Capital Formation in Australia is expected to be 126112.00 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 125516.00 AUD Million in 2024 and 127650.00 AUD Million in 2025, according to our econometric models.

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Australia Gross Fixed Capital Formation



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-03-01 12:30 AM Q4 -1.4% 0.1% -0.5%
2023-06-07 01:30 AM Q1 1.8% -1.4%


Related Last Previous Unit Reference
GDP Growth Rate 0.20 0.60 percent Mar 2023
GDP Annual Growth Rate 2.30 2.70 percent Mar 2023
GDP Constant Prices 557113.00 555817.00 AUD Million Mar 2023
Gross National Product 548794.00 544486.00 AUD Million Mar 2023
Gross Fixed Capital Formation 125700.00 123532.00 AUD Million Mar 2023
GDP from Utilities 11708.00 11535.00 AUD Million Mar 2023
GDP from Public Administration 28806.00 28567.00 AUD Million Mar 2023
GDP from Mining 58052.00 58249.00 AUD Million Mar 2023
GDP from Manufacturing 29581.00 28895.00 AUD Million Mar 2023
GDP from Construction 39422.00 39360.00 AUD Million Mar 2023
GDP from Agriculture 14232.00 14254.00 AUD Million Mar 2023

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
125700.00 123532.00 125700.00 10632.00 1959 - 2023 AUD Million Quarterly
Constant Prices 2020-21, SA