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 44.4%
World rank
132nd
of 167 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: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in New Zealand stood at -4.6%.
The figure is up 44.4% on the previous year and down 153.2% 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.
New Zealand ranks 132nd of 167 countries on this measure, 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% | -315.5% |
| 2008 | -7.6% | -166.0% |
| 2009 | -13.2% | +73.6% |
| 2010 | 7.4% | -156.3% |
| 2011 | 7.3% | -2.2% |
| 2012 | 4.1% | -43.5% |
| 2013 | 7.1% | +72.7% |
| 2014 | 8.6% | +21.7% |
| 2015 | 1.7% | -80.4% |
| 2016 | 3.1% | +85.2% |
| 2017 | 7.8% | +149.8% |
| 2018 | 4.1% | -47.4% |
| 2019 | 1.7% | -58.2% |
| 2020 | -2.4% | -239.5% |
| 2021 | 11.7% | -585.8% |
| 2022 | 5.1% | -56.3% |
| 2023 | -8.3% | -262.5% |
| 2024 | -4.6% | -44.4% |
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
- 129 Czechia -4.4% compare
- 130 Mali -4.5% compare
- 131 France -4.6% compare
- 133 Brunei Darussalam -4.7% compare
- 134 Côte d'Ivoire -4.7% compare
- 135 Turkmenistan -5.2% compare
More economy & growth data for New Zealand
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % 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 World Bank – processed by Our World in Data.
- 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 132nd out of 167 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 153.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).