NAAG Chapter 3B: Gross fixed capital formation by asset type in Australia
Australia: NAAG Chapter 3B: Gross fixed capital formation by asset type was 24.33 Percentage of GDP in 2024. βΌ Falling
NAAG Chapter 3B: Gross fixed capital formation by asset type in Australia, 1970β2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Australia recorded 24.33 Percentage of GDP for naag chapter 3b: gross fixed capital formation by asset type in 2024.
Compared with earlier readings it is up 1.0% on the previous year and down 6.8% over ten years.
Over the whole period, naag chapter 3b: gross fixed capital formation by asset type in Australia peaked at 30.6 Percentage of GDP in 1970 and was at its lowest, 22.58 Percentage of GDP, in 2020.
That places Australia 9th out of 36 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.51 Percentage of GDP | 25.75 Percentage of GDP | 30.6 Percentage of GDP | 10 |
| 1980s | 27.68 Percentage of GDP | 26 Percentage of GDP | 28.91 Percentage of GDP | 10 |
| 1990s | 24.42 Percentage of GDP | 22.81 Percentage of GDP | 25.89 Percentage of GDP | 10 |
| 2000s | 26.47 Percentage of GDP | 23.16 Percentage of GDP | 28.15 Percentage of GDP | 10 |
| 2010s | 25.36 Percentage of GDP | 22.73 Percentage of GDP | 27.73 Percentage of GDP | 10 |
| 2020s | 23.46 Percentage of GDP | 22.58 Percentage of GDP | 24.33 Percentage of GDP | 5 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is naag chapter 3b: gross fixed capital formation by asset type in Australia?
- Naag chapter 3b: gross fixed capital formation by asset type in Australia was 24.33 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3b: gross fixed capital formation by asset type recorded in Australia?
- The highest recorded value was 30.6 Percentage of GDP in 1970.
- What is the lowest naag chapter 3b: gross fixed capital formation by asset type recorded in Australia?
- The lowest recorded value was 22.58 Percentage of GDP in 2020.
- How does Australia rank for naag chapter 3b: gross fixed capital formation by asset type?
- Australia ranks 9th out of 36 countries with data for 2024.
- Is naag chapter 3b: gross fixed capital formation by asset type rising or falling in Australia?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3B: Gross fixed capital formation by asset type. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.