Gross fixed capital formation in New Zealand
New Zealand: Gross fixed capital formation was 61.12 billion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in New Zealand stood at 61.12 billion current US$.
That represents a change of down 4.1% on the previous year and up 34.2% over ten years.
Over the whole period, gross fixed capital formation in New Zealand peaked at 63.78 billion current US$ in 2022 and was at its lowest, 1.52 billion current US$, in 1970.
That places New Zealand 48th out of 180 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.29 billion current US$ | 1.52 billion current US$ | 4.43 billion current US$ | 10 |
| 1980s | 7.19 billion current US$ | 5.04 billion current US$ | 9.60 billion current US$ | 10 |
| 1990s | 11.44 billion current US$ | 7.44 billion current US$ | 15.67 billion current US$ | 10 |
| 2000s | 22.60 billion current US$ | 10.97 billion current US$ | 32.81 billion current US$ | 10 |
| 2010s | 41.89 billion current US$ | 29.31 billion current US$ | 50.45 billion current US$ | 10 |
| 2020s | 60.25 billion current US$ | 49.87 billion current US$ | 63.78 billion current US$ | 5 |
Countries ranked near New Zealand
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 fixed capital formation in New Zealand?
- Gross fixed capital formation in New Zealand was 61.12 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in New Zealand?
- The highest recorded value was 63.78 billion current US$ in 2022.
- What is the lowest gross fixed capital formation recorded in New Zealand?
- The lowest recorded value was 1.52 billion current US$ in 1970.
- How does New Zealand rank for gross fixed capital formation?
- New Zealand ranks 48th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in New Zealand?
- Over the last ten years it is up 34.2%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.