In 2022, gross fixed capital formation growth for Austria was 0.1 %. Since 1973, gross fixed capital formation growth of Austria fluctuated between a low of -8.3 % in 1982 and a high of 8.9 % in 1977 averaging at 1.8 between 1973 and 2022.
The description is composed by our digital data assistant.Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.