Annual capital formation by economic activity — Gross fixed capital in New Zealand

New Zealand: Annual capital formation by economic activity — Gross fixed capital was 136.66 Index in 2024. ▲ Rising

Latest (2024)
136.66 Index
Change on year
up 2.8%
World rank
7th
of 26 countries
All-time high
136.66 Index
in 2024
All-time low
24.93 Index
in 1986
Years of data
39
1986–2024

Annual capital formation by economic activity — Gross fixed capital in New Zealand, 1986–2024

2550751001251986200520241986: 24.9 Index1987: 28.3 Index1988: 27.6 Index1989: 29.3 Index1990: 30.3 Index1991: 30.8 Index1992: 31.3 Index1993: 32.8 Index1994: 35.8 Index1995: 38.3 Index1996: 40 Index1997: 40.6 Index1998: 40.8 Index1999: 40.9 Index2000: 42 Index2001: 42.8 Index2002: 44.8 Index2003: 48.4 Index2004: 53 Index2005: 56.8 Index2006: 60.2 Index2007: 63.4 Index2008: 65.1 Index2009: 65.4 Index2010: 65.8 Index2011: 66.7 Index2012: 68.7 Index2013: 71.8 Index2014: 75.5 Index2015: 79.6 Index2016: 84.5 Index2017: 88.7 Index2018: 92.2 Index2019: 95.6 Index2020: 100 Index2021: 112.9 Index2022: 127 Index2023: 132.9 Index2024: 136.7 Index

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

In 2024, annual capital formation by economic activity — gross fixed capital in New Zealand stood at 136.66 Index. That is the highest value across all 39 years on record.

The figure is up 2.8% on the previous year and up 81.0% over ten years.

Over the whole period, annual capital formation by economic activity — gross fixed capital in New Zealand peaked at 136.66 Index in 2024 and was at its lowest, 24.93 Index, in 1986.

That places New Zealand 7th out of 26 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 39 years of available data.

Annual capital formation by economic activity — Gross fixed capital in New Zealand, year by year

Annual values for Annual capital formation by economic activity — Gross fixed capital formation in New Zealand, 1986 to 2024.
Year Index Change
1986 24.93 Index
1987 28.26 Index +13.4%
1988 27.63 Index -2.2%
1989 29.32 Index +6.1%
1990 30.27 Index +3.2%
1991 30.82 Index +1.8%
1992 31.29 Index +1.5%
1993 32.77 Index +4.7%
1994 35.75 Index +9.1%
1995 38.3 Index +7.1%
1996 40.01 Index +4.5%
1997 40.57 Index +1.4%
1998 40.77 Index +0.5%
1999 40.88 Index +0.3%
2000 41.98 Index +2.7%
2001 42.82 Index +2.0%
2002 44.82 Index +4.7%
2003 48.41 Index +8.0%
2004 53.02 Index +9.5%
2005 56.76 Index +7.1%
2006 60.16 Index +6.0%
2007 63.36 Index +5.3%
2008 65.07 Index +2.7%
2009 65.4 Index +0.5%
2010 65.83 Index +0.7%
2011 66.69 Index +1.3%
2012 68.69 Index +3.0%
2013 71.83 Index +4.6%
2014 75.51 Index +5.1%
2015 79.63 Index +5.5%
2016 84.47 Index +6.1%
2017 88.74 Index +5.1%
2018 92.25 Index +4.0%
2019 95.62 Index +3.7%
2020 100 Index +4.6%
2021 112.92 Index +12.9%
2022 126.98 Index +12.5%
2023 132.9 Index +4.7%
2024 136.66 Index +2.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 27.54 Index 24.93 Index 29.32 Index 4
1990s 36.14 Index 30.27 Index 40.88 Index 10
2000s 54.18 Index 41.98 Index 65.4 Index 10
2010s 78.93 Index 65.83 Index 95.62 Index 10
2020s 121.89 Index 100 Index 136.66 Index 5

Countries ranked near New Zealand

  1. 4 Iceland 139.94 Index compare
  2. 4 Slovenia 135.71 Index compare
  3. 5 Czechia 139.38 Index compare
  4. 5 Poland 131.89 Index compare
  5. 6 Germany 139.37 Index compare
  6. 6 Netherlands 124 Index compare
  7. 8 Mexico 136.23 Index compare
  8. 9 Australia 136.15 Index compare
  9. 10 Luxembourg 136.08 Index compare

See the full ranking of 35 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is annual capital formation by economic activity — gross fixed capital in New Zealand?
Annual capital formation by economic activity — gross fixed capital in New Zealand was 136.66 Index in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual capital formation by economic activity — gross fixed capital recorded in New Zealand?
The highest recorded value was 136.66 Index in 2024.
What is the lowest annual capital formation by economic activity — gross fixed capital recorded in New Zealand?
The lowest recorded value was 24.93 Index in 1986.
How does New Zealand rank for annual capital formation by economic activity — gross fixed capital?
New Zealand ranks 7th out of 26 countries with data for 2024.
Is annual capital formation by economic activity — gross fixed capital rising or falling in New Zealand?
Over the last ten years it is up 81.0%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual capital formation by economic activity — Gross fixed capital formation. Statizoid updates them automatically from the source API.

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Annual capital formation by economic activity — Gross fixed capital in New Zealand. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/annual-capital-formation-by-economic-activity-gross-fixed-capital-formation/new-zealand/

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About this data

Indicator
Annual capital formation by economic activity — Gross fixed capital formation
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
35 places, 1,201 data points, 1959–2025
Last refreshed

This table presents gross capital formation, gross fixed capital formation (GFCF, or investment), changes in inventories and acquisition less disposals of valuables broken down by detailed industries based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). GFCF is also available broken down by type of non-financial asset, which can be selected using the ‘Financial instruments and non-financial assets’ filter. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but it is also possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE8A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org