Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — Australia and New Zealand

Gross capital formation in US dollars in Australia and New Zealand in 2024 — 487,757,124,026 US$. Since 1970, the indicator has risen by 3,107.1%.

2024 488B US$ +2.51% vs 2023
World rank
Period maximum 488B US$2024
Period minimum 15.21B US$1970

Trend over time

1970–2024 · US$

Gross capital formation in US dollars — Australia and New Zealand, 1970–20240200B400B600B19701976198219881994200020062012201820241970: 15,208,793,884 US$1971: 16,447,180,441 US$1972: 18,121,423,768 US$1973: 21,604,504,075 US$1974: 32,075,316,808 US$1975: 29,643,545,200 US$1976: 31,481,411,039 US$1977: 33,656,142,014 US$1978: 34,699,670,298 US$1979: 42,474,483,914 US$1980: 45,630,044,103 US$1981: 56,897,314,116 US$1982: 64,288,720,962 US$1983: 51,379,013,263 US$1984: 57,822,337,463 US$1985: 57,254,405,144 US$1986: 59,650,589,303 US$1987: 60,971,370,396 US$1988: 75,577,386,526 US$1989: 99,057,223,473 US$1990: 99,446,328,911 US$1991: 86,449,552,730 US$1992: 80,515,369,168 US$1993: 83,598,000,141 US$1994: 90,840,354,649 US$1995: 110,819,810,180 US$1996: 115,721,242,920 US$1997: 123,433,166,770 US$1998: 114,194,376,913 US$1999: 115,530,034,758 US$2000: 120,841,292,837 US$2001: 101,171,732,414 US$2002: 111,757,337,291 US$2003: 142,610,928,202 US$2004: 192,618,317,152 US$2005: 220,178,041,850 US$2006: 232,351,737,740 US$2007: 269,133,926,623 US$2008: 332,645,476,565 US$2009: 278,392,860,177 US$2010: 337,638,079,673 US$2011: 404,947,840,616 US$2012: 466,537,370,378 US$2013: 482,052,621,144 US$2014: 439,027,958,708 US$2015: 396,515,720,983 US$2016: 351,127,763,025 US$2017: 369,746,164,462 US$2018: 403,061,335,059 US$2019: 376,741,376,176 US$2020: 347,547,954,700 US$2021: 421,090,469,931 US$2022: 467,860,832,589 US$2023: 475,819,963,312 US$2024: 487,757,124,026 US$
Change over the period: +473B (+3,107.07%) Average annual rate: 6.63 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Australia and New Zealand

Australia and New Zealand 488B US$
World 29.36T US$
Gross capital formation in US dollars — Australia and New Zealand, by year Australia and New Zealand All countries CSV XLSX
Year US$ Change Change, %
2024 488B +11.94B +2.51%
2023 476B +7.96B +1.7%
2022 468B +46.77B +11.11%
2021 421B +73.54B +21.16%
2020 348B −29.19B −7.75%
2019 377B −26.32B −6.53%
2018 403B +33.32B +9.01%
2017 370B +18.62B +5.3%
2016 351B −45.39B −11.45%
2015 397B −42.51B −9.68%
2014 439B −43.02B −8.93%
2013 482B +15.52B +3.33%
2012 467B +61.59B +15.21%
2011 405B +67.31B +19.94%
2010 338B +59.25B +21.28%
2009 278B −54.25B −16.31%
2008 333B +63.51B +23.6%
2007 269B +36.78B +15.83%
2006 232B +12.17B +5.53%
2005 220B +27.56B +14.31%
2004 193B +50.01B +35.07%
2003 143B +30.85B +27.61%
2002 112B +10.59B +10.46%
2001 101B −19.67B −16.28%
2000 121B +5.31B +4.6%
1999 116B +1.34B +1.17%
1998 114B −9.24B −7.48%
1997 123B +7.71B +6.66%
1996 116B +4.9B +4.42%
1995 111B +19.98B +21.99%
1994 90.84B +7.24B +8.66%
1993 83.6B +3.08B +3.83%
1992 80.52B −5.93B −6.86%
1991 86.45B −13B −13.07%
1990 99.45B +389M +0.39%
1989 99.06B +23.48B +31.07%
1988 75.58B +14.61B +23.96%
1987 60.97B +1.32B +2.21%
1986 59.65B +2.4B +4.19%
1985 57.25B −568M −0.98%
1984 57.82B +6.44B +12.54%
1983 51.38B −12.91B −20.08%
1982 64.29B +7.39B +12.99%
1981 56.9B +11.27B +24.69%
1980 45.63B +3.16B +7.43%
1979 42.47B +7.77B +22.41%
1978 34.7B +1.04B +3.1%
1977 33.66B +2.17B +6.91%
1976 31.48B +1.84B +6.2%
1975 29.64B −2.43B −7.58%
1974 32.08B +10.47B +48.47%
1973 21.6B +3.48B +19.22%
1972 18.12B +1.67B +10.18%
1971 16.45B +1.24B +8.14%
1970 15.21B

About the indicator

Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.

Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.

Source: World Development Indicators (World Bank), license CC BY 4.0.