Adjusted savings: consumption of fixed capital in Australia

Australia: Adjusted savings: consumption of fixed capital was 265.79 billion current US$ in 2021. ◆ Volatile

Latest (2021)
265.79 billion current US$
Change on year
up 15.4%
World rank
12th
of 206 countries
All-time high
265.79 billion current US$
in 2021
All-time low
6.91 billion current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: consumption of fixed capital in Australia, 1970–2021

0100.0B200.0B300.0B197019952021

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2021, adjusted savings: consumption of fixed capital in Australia stood at 265.79 billion current US$. That is the highest value across all 52 years on record.

That represents a change of up 15.4% on the previous year and up 20.2% over ten years.

Over the whole period, adjusted savings: consumption of fixed capital in Australia peaked at 265.79 billion current US$ in 2021 and was at its lowest, 6.91 billion current US$, in 1970.

That places Australia 12th out of 206 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.27 billion current US$ 6.91 billion current US$ 20.62 billion current US$ 10
1980s 32.05 billion current US$ 22.98 billion current US$ 49.42 billion current US$ 10
1990s 60.01 billion current US$ 52.72 billion current US$ 71.35 billion current US$ 10
2000s 107.63 billion current US$ 62.92 billion current US$ 172.88 billion current US$ 10
2010s 236.71 billion current US$ 183.91 billion current US$ 264.56 billion current US$ 10
2020s 248.07 billion current US$ 230.36 billion current US$ 265.79 billion current US$ 2

Countries ranked near Australia

  1. 9 South Korea 378.07 billion current US$ compare
  2. 10 Canada 325.77 billion current US$ compare
  3. 11 Brazil 296.64 billion current US$ compare
  4. 13 Mexico 255.00 billion current US$ compare
  5. 14 Russia 247.66 billion current US$ compare
  6. 15 Spain 243.31 billion current US$ compare

See the full ranking of 206 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is adjusted savings: consumption of fixed capital in Australia?
Adjusted savings: consumption of fixed capital in Australia was 265.79 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: consumption of fixed capital recorded in Australia?
The highest recorded value was 265.79 billion current US$ in 2021.
What is the lowest adjusted savings: consumption of fixed capital recorded in Australia?
The lowest recorded value was 6.91 billion current US$ in 1970.
How does Australia rank for adjusted savings: consumption of fixed capital?
Australia ranks 12th out of 206 countries with data for 2021.
Is adjusted savings: consumption of fixed capital rising or falling in Australia?
Over the last ten years it is up 20.2%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: consumption of fixed capital (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,114 data points, 1970–2021
Last refreshed

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.