Gross capital formation rose 3.16% to USD 427,383 bil in Australia in 2024, according to the National Statistical Office.
Historically, gross capital formation in Australia reached an all time high of USD 439,599 bil in 2013 and an all time low of USD 5,663 bil in 1962.
Australia has been ranked 11th within the group of 126 countries we follow in terms of gross capital formation, 1 place above the position seen 10 years ago.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | USD bil | 351,904 | 325,776 | 297,933 | 357,072 | 401,886 | ||||||||||||||||
Cambodia | USD bil | 10,189 | 11,517 | 10,916 | 11,176 | 13,836 | ||||||||||||||||
Indonesia | USD bil | 360,319 | 378,034 | 342,534 | 373,144 | 392,371 | ||||||||||||||||
Malaysia | USD bil | 85,741 | 76,863 | 66,337 | 82,703 | 96,236 | ||||||||||||||||
New Zealand | USD bil | 50,847 | 50,627 | 49,235 | 63,779 | 65,529 | ... | |||||||||||||||
Papua New Guinea | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
Philippines | USD bil | 94,170 | 99,488 | 63,065 | 83,313 | 99,818 | ||||||||||||||||
Singapore | USD bil | 93,432 | 92,165 | 79,629 | 104,866 | 113,073 | ||||||||||||||||
Thailand | USD bil | 127,801 | 129,547 | 118,887 | 145,121 | 138,079 | ||||||||||||||||
Vietnam | USD bil | 99,295 | 106,930 | 110,625 | 120,554 | 133,710 | ... |