Australia - Gross fixed capital formation

Gross fixed capital formation (current US$) in Australia was reported at 355191779682 USD in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 australia gross fixed capital formation us dollar wb data
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Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.


Australia | Economy & Growth