Nominal Gross Fixed Capital Formation for Australia
NFISAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171,679.00
Year-over-Year Change
24.96%
Date Range
7/1/1959 - 1/1/2025
Summary
Nominal Gross Fixed Capital Formation for Australia measures investment in physical assets like machinery, equipment, and structures. It is a key indicator of economic activity and business confidence.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Gross Fixed Capital Formation (GFCF) tracks private and public investment in fixed assets, which are physical products used in production for more than one year. The nominal GFCF figure for Australia provides insight into the overall level of investment in the economy.
Methodology
The data is collected through business surveys and national accounts reporting.
Historical Context
GFCF is widely used by policymakers, analysts, and investors to assess the health of the Australian economy.
Key Facts
- Australia's nominal GFCF was $302.8 billion in 2021.
- GFCF accounts for around 25% of Australia's GDP.
- Investment in structures makes up the largest component of GFCF in Australia.
FAQs
Q: What does this economic trend measure?
A: Nominal Gross Fixed Capital Formation (GFCF) for Australia measures the total value of private and public investments in physical fixed assets like machinery, equipment, and structures.
Q: Why is this trend relevant for users or analysts?
A: GFCF is a key indicator of economic activity, business confidence, and the overall health of the Australian economy. It provides insights into the level of investment and can signal future economic growth.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and national accounts reporting by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor GFCF to assess the strength of the Australian economy and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The GFCF data for Australia is published quarterly with a lag of around 3 months. There may also be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, Nominal Gross Fixed Capital Formation for Australia (NFISAXDCAUQ), retrieved from FRED.