Australia Gross Capital Formation (% of GDP) (2024)
Australia's Gross Capital Formation (% of GDP): 24.3 % of GDP in 2024, +0.5pp YoY. World Bank (NE.GDI.TOTL.ZS), 1990–2024.
Australia (2024)
24.3
% of GDP
+0.5pp YoY
YoY Change
+0.5pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 24.3 | +0.5pp |
| 2023 | 23.9 | +0.2pp |
| 2022 | 23.7 | +0.8pp |
| 2021 | 22.9 | +0.5pp |
| 2020 | 22.3 | -1pp |
| 2019 | 23.3 | -1.3pp |
| 2018 | 24.6 | +0.5pp |
| 2017 | 24.1 | -1.3pp |
| 2016 | 25.3 | -0.8pp |
| 2015 | 26.2 | -0.4pp |
| 2014 | 26.6 | -1.1pp |
| 2013 | 27.8 | +0.1pp |
| 2012 | 27.6 | +1.2pp |
| 2011 | 26.4 | -0.3pp |
| 2010 | 26.7 | -0.6pp |
| 2009 | 27.3 | -1.3pp |
| 2008 | 28.5 | +1.1pp |
| 2007 | 27.5 | -0pp |
| 2006 | 27.5 | +0pp |
| 2005 | 27.4 | n/a |
About this Dataset
Australia recorded 24.3 % of GDP in 2024. The most recent year-on-year change was +0.5pp. The historical series (1990–2024) shows a peak of 28.9 in 1990 and a trough of 22.3 in 1992.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks australia gross capital formation (% of gdp) in Australia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 28.9 % of GDP in 1990 and reached its lowest recorded value of 22.3 in 1992. The latest reading of 24.3 in 2024 represents a year-on-year change of +0.5pp.