Gross capital formation (constant LCU), per unit of GDP in New Zealand

New Zealand: Gross capital formation (constant LCU), per unit of GDP was 0.3077 constant LCU per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.3077 constant LCU per US$ of GDP
Change on year
down 5.4%
World rank
117th
of 170 countries
All-time high
2.5 constant LCU per US$ of GDP
in 1970
All-time low
0.3077 constant LCU per US$ of GDP
in 2024
Years of data
55
1970–2024

Gross capital formation (constant LCU), per unit of GDP in New Zealand, 1970–2024

0.511.522.5197019972024

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

The most recent figure for gross capital formation (constant lcu), per unit of gdp in New Zealand is 0.3077 constant LCU per US$ of GDP, measured in 2024. That is the lowest value across all 55 years on record.

Compared with earlier readings it is down 5.4% on the previous year and down 4.9% over ten years.

Over the whole period, gross capital formation (constant lcu), per unit of gdp in New Zealand peaked at 2.5 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.3077 constant LCU per US$ of GDP, in 2024.

That places New Zealand 117th out of 170 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation (constant LCU), per unit of GDP in New Zealand, year by year

Annual values for Gross capital formation (constant LCU), per unit of GDP in New Zealand, 1970 to 2024.
Year constant LCU per US$ of GDP Change
1970 2.5 constant LCU per US$ of GDP
1971 2.2 constant LCU per US$ of GDP -12.0%
1972 1.91 constant LCU per US$ of GDP -13.2%
1973 1.87 constant LCU per US$ of GDP -2.0%
1974 2.12 constant LCU per US$ of GDP +13.0%
1975 1.55 constant LCU per US$ of GDP -26.9%
1976 1.54 constant LCU per US$ of GDP -0.8%
1977 1.2 constant LCU per US$ of GDP -22.0%
1978 0.8507 constant LCU per US$ of GDP -29.0%
1979 0.8584 constant LCU per US$ of GDP +0.9%
1980 0.7076 constant LCU per US$ of GDP -17.6%
1981 0.8126 constant LCU per US$ of GDP +14.9%
1982 0.8819 constant LCU per US$ of GDP +8.5%
1983 0.9246 constant LCU per US$ of GDP +4.8%
1984 1.17 constant LCU per US$ of GDP +26.6%
1985 0.9854 constant LCU per US$ of GDP -15.8%
1986 0.7768 constant LCU per US$ of GDP -21.2%
1987 0.5627 constant LCU per US$ of GDP -27.6%
1988 0.5029 constant LCU per US$ of GDP -10.6%
1989 0.5897 constant LCU per US$ of GDP +17.3%
1990 0.5221 constant LCU per US$ of GDP -11.5%
1991 0.4691 constant LCU per US$ of GDP -10.2%
1992 0.5216 constant LCU per US$ of GDP +11.2%
1993 0.5568 constant LCU per US$ of GDP +6.7%
1994 0.5347 constant LCU per US$ of GDP -4.0%
1995 0.5015 constant LCU per US$ of GDP -6.2%
1996 0.4712 constant LCU per US$ of GDP -6.0%
1997 0.5062 constant LCU per US$ of GDP +7.4%
1998 0.5678 constant LCU per US$ of GDP +12.2%
1999 0.6268 constant LCU per US$ of GDP +10.4%
2000 0.6919 constant LCU per US$ of GDP +10.4%
2001 0.7327 constant LCU per US$ of GDP +5.9%
2002 0.6346 constant LCU per US$ of GDP -13.4%
2003 0.5479 constant LCU per US$ of GDP -13.7%
2004 0.507 constant LCU per US$ of GDP -7.5%
2005 0.4782 constant LCU per US$ of GDP -5.7%
2006 0.4661 constant LCU per US$ of GDP -2.5%
2007 0.4222 constant LCU per US$ of GDP -9.4%
2008 0.4015 constant LCU per US$ of GDP -4.9%
2009 0.383 constant LCU per US$ of GDP -4.6%
2010 0.3404 constant LCU per US$ of GDP -11.1%
2011 0.3189 constant LCU per US$ of GDP -6.3%
2012 0.317 constant LCU per US$ of GDP -0.6%
2013 0.3141 constant LCU per US$ of GDP -0.9%
2014 0.3235 constant LCU per US$ of GDP +3.0%
2015 0.3725 constant LCU per US$ of GDP +15.1%
2016 0.3622 constant LCU per US$ of GDP -2.8%
2017 0.3574 constant LCU per US$ of GDP -1.3%
2018 0.3634 constant LCU per US$ of GDP +1.7%
2019 0.3677 constant LCU per US$ of GDP +1.2%
2020 0.3587 constant LCU per US$ of GDP -2.4%
2021 0.3352 constant LCU per US$ of GDP -6.5%
2022 0.3592 constant LCU per US$ of GDP +7.2%
2023 0.3252 constant LCU per US$ of GDP -9.5%
2024 0.3077 constant LCU per US$ of GDP -5.4%

New Zealand compared with similar countries

  • New Zealand's 0.3077 constant LCU per US$ of GDP is above the median for high income countries, which is 0.2109 constant LCU per US$ of GDP, 1.5× the median. (58 countries reporting)
  • New Zealand's 0.3077 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 1.01 constant LCU per US$ of GDP, 31% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.66 constant LCU per US$ of GDP 0.8507 constant LCU per US$ of GDP 2.5 constant LCU per US$ of GDP 10
1980s 0.7915 constant LCU per US$ of GDP 0.5029 constant LCU per US$ of GDP 1.17 constant LCU per US$ of GDP 10
1990s 0.5278 constant LCU per US$ of GDP 0.4691 constant LCU per US$ of GDP 0.6268 constant LCU per US$ of GDP 10
2000s 0.5265 constant LCU per US$ of GDP 0.383 constant LCU per US$ of GDP 0.7327 constant LCU per US$ of GDP 10
2010s 0.3437 constant LCU per US$ of GDP 0.3141 constant LCU per US$ of GDP 0.3725 constant LCU per US$ of GDP 10
2020s 0.3372 constant LCU per US$ of GDP 0.3077 constant LCU per US$ of GDP 0.3592 constant LCU per US$ of GDP 5

Countries ranked near New Zealand

  1. 114 Brazil 0.3406 constant LCU per US$ of GDP compare
  2. 115 Belize 0.3321 constant LCU per US$ of GDP compare
  3. 116 Panama 0.3181 constant LCU per US$ of GDP compare
  4. 118 Tunisia 0.3026 constant LCU per US$ of GDP compare
  5. 119 East Timor 0.2915 constant LCU per US$ of GDP compare
  6. 120 Palau 0.275 constant LCU per US$ of GDP compare

See the full ranking of 170 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross capital formation (constant lcu), per unit of gdp in New Zealand?
Gross capital formation (constant lcu), per unit of gdp in New Zealand was 0.3077 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per unit of gdp recorded in New Zealand?
The highest recorded value was 2.5 constant LCU per US$ of GDP in 1970.
What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in New Zealand?
The lowest recorded value was 0.3077 constant LCU per US$ of GDP in 2024.
How does New Zealand rank for gross capital formation (constant lcu), per unit of gdp?
New Zealand ranks 117th out of 170 countries with data for 2024.
Is gross capital formation (constant lcu), per unit of gdp rising or falling in New Zealand?
Over the last ten years it is down 4.9%. 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), per unit of GDP in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-unit-of-gdp/new-zealand/

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How this figure is calculated

Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (constant LCU) ÷ GDP (current US$)

Computed from

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

Indicator
Gross capital formation (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 7,061 data points, 1960–2025
Last refreshed

Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.