Gross capital formation in New Zealand
New Zealand: Gross capital formation was 50.31 billion constant 2015 US$ in 2024. ◆ Volatile
Gross capital formation in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
New Zealand recorded 50.31 billion constant 2015 US$ for gross capital formation in 2024.
The figure is down 3.5% on the previous year and up 23.5% over ten years.
Over the whole period, gross capital formation in New Zealand peaked at 56.08 billion constant 2015 US$ in 2022 and was at its lowest, 9.86 billion constant 2015 US$, in 1978.
That places New Zealand 46th out of 162 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.40 billion constant 2015 US$ | 9.86 billion constant 2015 US$ | 18.44 billion constant 2015 US$ | 10 |
| 1980s | 14.06 billion constant 2015 US$ | 10.28 billion constant 2015 US$ | 16.19 billion constant 2015 US$ | 10 |
| 1990s | 18.03 billion constant 2015 US$ | 12.53 billion constant 2015 US$ | 23.03 billion constant 2015 US$ | 10 |
| 2000s | 30.27 billion constant 2015 US$ | 22.76 billion constant 2015 US$ | 36.21 billion constant 2015 US$ | 10 |
| 2010s | 40.56 billion constant 2015 US$ | 31.26 billion constant 2015 US$ | 48.98 billion constant 2015 US$ | 10 |
| 2020s | 51.90 billion constant 2015 US$ | 47.83 billion constant 2015 US$ | 56.08 billion constant 2015 US$ | 5 |
Countries ranked near New Zealand
- 43 Pakistan 53.68 billion constant 2015 US$ compare
- 44 Finland 53.08 billion constant 2015 US$ compare
- 45 South Africa 51.11 billion constant 2015 US$ compare
- 47 Portugal 50.15 billion constant 2015 US$ compare
- 48 Morocco 49.02 billion constant 2015 US$ compare
- 49 Egypt 44.09 billion constant 2015 US$ compare
More economy & growth data for New Zealand
- DEC alternative conversion factor 1.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -1.25 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -754.10 million current US$ (2024)
- Taxes less subsidies on products 34.74 billion current LCU (2023)
- Taxes less subsidies on products 21.34 billion current US$ (2023)
- Net primary income (Net income from abroad) -11.66 billion current LCU (2024)
- Net primary income (Net income from abroad) -7.06 billion current US$ (2024)
- GNI per capita 78,957 current LCU (2025)
- GNI per capita, Atlas method 46,630 current US$ (2025)
- GNI 420.42 billion current LCU (2025)
Frequently asked questions
- What is gross capital formation in New Zealand?
- Gross capital formation in New Zealand was 50.31 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in New Zealand?
- The highest recorded value was 56.08 billion constant 2015 US$ in 2022.
- What is the lowest gross capital formation recorded in New Zealand?
- The lowest recorded value was 9.86 billion constant 2015 US$ in 1978.
- How does New Zealand rank for gross capital formation?
- New Zealand ranks 46th out of 162 countries with data for 2024.
- Is gross capital formation rising or falling in New Zealand?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.