Gross Fixed Capital Formation in Australia increased to 120588 AUD Million in the second quarter of 2021 from 116838 AUD Million in the first quarter of 2021. source: Australian Bureau of Statistics

Gross Fixed Capital Formation in Australia averaged 52321.37 AUD Million from 1959 until 2021, reaching an all time high of 122290 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 November of 2021.

Gross Fixed Capital Formation in Australia is expected to be 111114.00 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 114448.00 AUD Million in 2022 and 117881.00 AUD Million in 2023, according to our econometric models.

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Australia Gross Fixed Capital Formation


Calendar GMT Actual Previous Consensus TEForecast
2021-06-02 01:30 AM Q1 4.7% 3.4% 1.5%
2021-09-01 01:30 AM Q2 3.2% 5.5%


Related Last Previous Unit Reference
GDP Growth Rate 0.70 1.80 percent Jun/21
GDP Annual Growth Rate 9.60 1.30 percent Jun/21
GDP Constant Prices 505134.00 501788.00 AUD Million Jun/21
Gross National Product 521999.00 510848.00 AUD Million Jun/21
Gross Fixed Capital Formation 120588.00 116838.00 AUD Million Jun/21
GDP From Utilities 11735.00 11530.00 AUD Million Jun/21
GDP From Public Administration 28011.00 27962.00 AUD Million Jun/21
GDP From Mining 48557.00 49178.00 AUD Million Jun/21
GDP From Manufacturing 28139.00 27898.00 AUD Million Jun/21
GDP From Construction 34908.00 34574.00 AUD Million Jun/21
GDP From Agriculture 13185.00 13012.00 AUD Million Jun/21
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.