Annual growth of the gross capital formation (%) in New Zealand
New Zealand: Annual growth of the gross capital formation (%) was -4.6% in 2024. ◆ Volatile
Latest (2024)
-4.6%
Change on year
up 44.3%
World rank
138th
of 175 countries
All-time high
14.3%
in 2003
All-time low
-13.2%
in 2009
Years of data
25
2000–2024
Annual growth of the gross capital formation in New Zealand, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in New Zealand stood at -4.6%.
The figure is up 44.3% on the previous year and down 153.3% over ten years.
Over the whole period, annual growth of the gross capital formation in New Zealand peaked at 14.3% in 2003 and was at its lowest, -13.2%, in 2009.
That places New Zealand 138th out of 175 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.8% | — |
| 2001 | 8.6% | -325.3% |
| 2002 | 7.2% | -16.4% |
| 2003 | 14.3% | +99.4% |
| 2004 | 9.1% | -36.4% |
| 2005 | 4.1% | -55.2% |
| 2006 | -5.3% | -231.2% |
| 2007 | 11.5% | -315.7% |
| 2008 | -7.6% | -166.1% |
| 2009 | -13.2% | +73.5% |
| 2010 | 7.4% | -156.3% |
| 2011 | 7.3% | -2.2% |
| 2012 | 4.1% | -43.5% |
| 2013 | 7.1% | +73.0% |
| 2014 | 8.6% | +21.7% |
| 2015 | 1.7% | -80.5% |
| 2016 | 3.1% | +85.5% |
| 2017 | 7.8% | +150.2% |
| 2018 | 4.1% | -47.4% |
| 2019 | 1.7% | -58.3% |
| 2020 | -2.4% | -240.1% |
| 2021 | 11.7% | -585.0% |
| 2022 | 5.1% | -56.4% |
| 2023 | -8.3% | -262.5% |
| 2024 | -4.6% | -44.3% |
New Zealand compared with similar countries
- New Zealand's -4.6% is below the median for high income countries, which is -0.2%, 19.0× the median. (55 countries reporting)
- New Zealand's -4.6% is below the median for East Asia & Pacific, which is 3.1%. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -13.2% | 14.3% | 10 |
| 2010s | 5.3% | 1.7% | 8.6% | 10 |
| 2020s | 0.3% | -8.3% | 11.7% | 5 |
Countries ranked near New Zealand
- 135 Czechia -4.4% compare
- 136 Mali -4.5% compare
- 137 France -4.6% compare
- 139 Brunei Darussalam -4.7% compare
- 139 Brunei -4.7% compare
- 141 Côte d'Ivoire -4.7% compare
- 141 Cote d'Ivoire -4.7% compare
More economy & growth data for New Zealand
- Real gdp growth, annual growth rate 161.32 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in New Zealand?
- Annual growth of the gross capital formation in New Zealand was -4.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in New Zealand?
- The highest recorded value was 14.3% in 2003.
- What is the lowest annual growth of the gross capital formation recorded in New Zealand?
- The lowest recorded value was -13.2% in 2009.
- How does New Zealand rank for annual growth of the gross capital formation?
- New Zealand ranks 138th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in New Zealand?
- Over the last ten years it is down 153.3%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
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