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Australia: Gross capital formation

Millions of local currency · 1861–2025 · 165 observations · forecasts to 2031 · inv

2025
694 billionlocal currency
Change on 2024
+4.4%year on year
Average growth, 2015–2025
+4.9%a year
In US dollars, 2025
$447 billionUS dollars

Gross capital formation

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10M100M1B10B100B1T1875190019251950197520002025AustraliaAustralia
ForecastLocal currency

Compare with other countries →Definition of Gross capital formation

Recent values

Millions of local currency

YearValue
2031925,225Forecast
2030882,096Forecast
2029840,786Forecast
2028801,790Forecast
2027763,933Forecast
2026728,163Forecast
2025693,707
2024664,615
2023627,103
2022588,913
2021512,564
2020441,926
2019451,421
2018459,034
2017440,324
2016414,518

Sources

  • Jones & Obstfeld1861–1945
  • Jordà-Schularick-Taylor1870–2020
  • Mitchell1902–2010
  • Foster1950–1996
  • Penn World Table1950–2019
  • IMF International Financial Statistics1960–2025
  • OECD Economic Outlook1960–2025
  • World Development Indicators1960–2025
  • WDI (archive)1965–1996
  • United Nations1970–2024
  • IMF World Economic Outlook1980–2025
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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