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 June 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.