New Zealand vs Venezuela, Bolivarian Republic of: Gross fixed capital formation
Gross fixed capital formation over time
- New Zealand
- Venezuela, Bolivarian Republic of
How they compare
New Zealand currently reports -4.9% against -5.1% in Venezuela, Bolivarian Republic of, a difference of 0.2%.
The two have swapped places 19 times across 54 shared years of data; in 1971 it was New Zealand ahead.
New Zealand ranks 153rd and Venezuela, Bolivarian Republic of ranks 154th of 167 countries.
Across the 6 decades both report, New Zealand averaged higher in 3 and Venezuela, Bolivarian Republic of in 3.
Head to head by decade
| Decade | New Zealand | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.0% | 7.1% | 5.2% | Venezuela, Bolivarian Republic of |
| 1980s | 6.3% | -4.7% | 10.9% | New Zealand |
| 1990s | 4.1% | 4.3% | 0.2% | Venezuela, Bolivarian Republic of |
| 2000s | 3.5% | 9.8% | 6.3% | Venezuela, Bolivarian Republic of |
| 2010s | 5.3% | -18.2% | 23.5% | New Zealand |
| 2020s | 1.0% | -3.2% | 4.3% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, New Zealand or Venezuela, Bolivarian Republic of?
- New Zealand, at -4.9% against -5.1% in Venezuela, Bolivarian Republic of as of 2024.
- What is the difference in gross fixed capital formation between New Zealand and Venezuela, Bolivarian Republic of?
- 0.2%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Venezuela, Bolivarian Republic of?
- 54 years are reported by both, from 1971 to 2024.
- How do New Zealand and Venezuela, Bolivarian Republic of rank globally for gross fixed capital formation?
- New Zealand ranks 153rd and Venezuela, Bolivarian Republic of ranks 154th of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.