Gross capital formation (constant 2015 US$), annual growth rate in New Zealand
New Zealand: Gross capital formation (constant 2015 US$), annual growth rate was -3.46 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-3.46 % change on previous year
Change on year
up 51.0%
World rank
134th
of 163 countries
All-time high
31.13 % change on previous year
in 1973
All-time low
-32.51 % change on previous year
in 1975
Years of data
54
1971–2024
Gross capital formation (constant 2015 US$), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded -3.46 % change on previous year for gross capital formation (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is up 51.0% on the previous year and down 140.0% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in New Zealand peaked at 31.13 % change on previous year in 1973 and was at its lowest, -32.51 % change on previous year, in 1975.
New Zealand ranks 134th of 163 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.23 % change on previous year | — |
| 1972 | 5.01 % change on previous year | -30.7% |
| 1973 | 31.13 % change on previous year | +521.3% |
| 1974 | 23.04 % change on previous year | -26.0% |
| 1975 | -32.51 % change on previous year | -241.1% |
| 1976 | 4.95 % change on previous year | -115.2% |
| 1977 | -11.42 % change on previous year | -330.8% |
| 1978 | -14.83 % change on previous year | +29.9% |
| 1979 | 12.89 % change on previous year | -186.9% |
| 1980 | -7.58 % change on previous year | -158.8% |
| 1981 | 20.65 % change on previous year | -372.3% |
| 1982 | 7.39 % change on previous year | -64.2% |
| 1983 | 5.47 % change on previous year | -26.0% |
| 1984 | 12.87 % change on previous year | +135.3% |
| 1985 | -4.13 % change on previous year | -132.1% |
| 1986 | -2.24 % change on previous year | -45.8% |
| 1987 | -4.44 % change on previous year | +98.3% |
| 1988 | 0.0021 % change on previous year | -100.0% |
| 1989 | 13.99 % change on previous year | +662316.7% |
| 1990 | -8.28 % change on previous year | -159.2% |
| 1991 | -15.59 % change on previous year | +88.4% |
| 1992 | 8.36 % change on previous year | -153.6% |
| 1993 | 19.88 % change on previous year | +138.0% |
| 1994 | 13.57 % change on previous year | -31.8% |
| 1995 | 8.37 % change on previous year | -38.3% |
| 1996 | 3.1 % change on previous year | -62.9% |
| 1997 | 1.2 % change on previous year | -61.5% |
| 1998 | -4.55 % change on previous year | -480.5% |
| 1999 | 15.37 % change on previous year | -438.0% |
| 2000 | -1.15 % change on previous year | -107.4% |
| 2001 | 8.42 % change on previous year | -835.0% |
| 2002 | 7.11 % change on previous year | -15.6% |
| 2003 | 14.35 % change on previous year | +102.0% |
| 2004 | 8.95 % change on previous year | -37.6% |
| 2005 | 4.15 % change on previous year | -53.7% |
| 2006 | -5.24 % change on previous year | -226.4% |
| 2007 | 11.41 % change on previous year | -317.7% |
| 2008 | -7.51 % change on previous year | -165.8% |
| 2009 | -13.03 % change on previous year | +73.5% |
| 2010 | 7.32 % change on previous year | -156.2% |
| 2011 | 7.43 % change on previous year | +1.5% |
| 2012 | 4.17 % change on previous year | -43.9% |
| 2013 | 7.18 % change on previous year | +72.1% |
| 2014 | 8.66 % change on previous year | +20.6% |
| 2015 | 1.82 % change on previous year | -79.0% |
| 2016 | 3.16 % change on previous year | +73.8% |
| 2017 | 7.86 % change on previous year | +148.5% |
| 2018 | 4.2 % change on previous year | -46.6% |
| 2019 | 1.83 % change on previous year | -56.4% |
| 2020 | -2.34 % change on previous year | -227.8% |
| 2021 | 11.16 % change on previous year | -576.7% |
| 2022 | 5.47 % change on previous year | -51.0% |
| 2023 | -7.07 % change on previous year | -229.3% |
| 2024 | -3.46 % change on previous year | -51.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.83 % change on previous year | -32.51 % change on previous year | 31.13 % change on previous year | 9 |
| 1980s | 4.2 % change on previous year | -7.58 % change on previous year | 20.65 % change on previous year | 10 |
| 1990s | 4.14 % change on previous year | -15.59 % change on previous year | 19.88 % change on previous year | 10 |
| 2000s | 2.75 % change on previous year | -13.03 % change on previous year | 14.35 % change on previous year | 10 |
| 2010s | 5.36 % change on previous year | 1.82 % change on previous year | 8.66 % change on previous year | 10 |
| 2020s | 0.7518 % change on previous year | -7.07 % change on previous year | 11.16 % change on previous year | 5 |
Countries ranked near New Zealand
- 131 Mauritius -3.08 % change on previous year compare
- 132 Venezuela, Bolivarian Republic of -3.39 % change on previous year compare
- 133 Denmark -3.41 % change on previous year compare
- 135 Greece -3.53 % change on previous year compare
- 136 Greenland -3.59 % change on previous year compare
- 137 Dominican Republic -4.36 % change on previous year 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)
- Exports of goods and services (current LCU), annual growth rate 8.2 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4082 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 20,179 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.35 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.204 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 10,085 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.05 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2337 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), annual growth rate in New Zealand?
- Gross capital formation (constant 2015 us$), annual growth rate in New Zealand was -3.46 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in New Zealand?
- The highest recorded value was 31.13 % change on previous year in 1973.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in New Zealand?
- The lowest recorded value was -32.51 % change on previous year in 1975.
- How does New Zealand rank for gross capital formation (constant 2015 us$), annual growth rate?
- New Zealand ranks 134th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 140.0%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.