Gross capital formation (current LCU), per unit of GDP in New Zealand
New Zealand: Gross capital formation (current LCU), per unit of GDP was 0.3816 current LCU per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current LCU), per unit of GDP in New Zealand, 1970–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
New Zealand recorded 0.3816 current LCU per US$ of GDP for gross capital formation (current lcu), per unit of gdp in 2024.
That represents a change of down 2.7% on the previous year and up 36.8% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in New Zealand peaked at 0.5596 current LCU per US$ of GDP in 1984 and was at its lowest, 0.1956 current LCU per US$ of GDP, in 1973.
New Zealand ranks 137th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross capital formation (current LCU), per unit of GDP in New Zealand, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2171 current LCU per US$ of GDP | — |
| 1971 | 0.2119 current LCU per US$ of GDP | -2.4% |
| 1972 | 0.1967 current LCU per US$ of GDP | -7.1% |
| 1973 | 0.1956 current LCU per US$ of GDP | -0.6% |
| 1974 | 0.2539 current LCU per US$ of GDP | +29.8% |
| 1975 | 0.2451 current LCU per US$ of GDP | -3.5% |
| 1976 | 0.2805 current LCU per US$ of GDP | +14.5% |
| 1977 | 0.2557 current LCU per US$ of GDP | -8.8% |
| 1978 | 0.2121 current LCU per US$ of GDP | -17.0% |
| 1979 | 0.2362 current LCU per US$ of GDP | +11.3% |
| 1980 | 0.2231 current LCU per US$ of GDP | -5.5% |
| 1981 | 0.3035 current LCU per US$ of GDP | +36.0% |
| 1982 | 0.3635 current LCU per US$ of GDP | +19.8% |
| 1983 | 0.4086 current LCU per US$ of GDP | +12.4% |
| 1984 | 0.5596 current LCU per US$ of GDP | +37.0% |
| 1985 | 0.5284 current LCU per US$ of GDP | -5.6% |
| 1986 | 0.4754 current LCU per US$ of GDP | -10.0% |
| 1987 | 0.3656 current LCU per US$ of GDP | -23.1% |
| 1988 | 0.3274 current LCU per US$ of GDP | -10.4% |
| 1989 | 0.3949 current LCU per US$ of GDP | +20.6% |
| 1990 | 0.3425 current LCU per US$ of GDP | -13.3% |
| 1991 | 0.3118 current LCU per US$ of GDP | -9.0% |
| 1992 | 0.3511 current LCU per US$ of GDP | +12.6% |
| 1993 | 0.3838 current LCU per US$ of GDP | +9.3% |
| 1994 | 0.3699 current LCU per US$ of GDP | -3.6% |
| 1995 | 0.3561 current LCU per US$ of GDP | -3.7% |
| 1996 | 0.3336 current LCU per US$ of GDP | -6.3% |
| 1997 | 0.3637 current LCU per US$ of GDP | +9.0% |
| 1998 | 0.3954 current LCU per US$ of GDP | +8.7% |
| 1999 | 0.4477 current LCU per US$ of GDP | +13.2% |
| 2000 | 0.5018 current LCU per US$ of GDP | +12.1% |
| 2001 | 0.5484 current LCU per US$ of GDP | +9.3% |
| 2002 | 0.4615 current LCU per US$ of GDP | -15.8% |
| 2003 | 0.3951 current LCU per US$ of GDP | -14.4% |
| 2004 | 0.3761 current LCU per US$ of GDP | -4.8% |
| 2005 | 0.3611 current LCU per US$ of GDP | -4.0% |
| 2006 | 0.3664 current LCU per US$ of GDP | +1.5% |
| 2007 | 0.3371 current LCU per US$ of GDP | -8.0% |
| 2008 | 0.3259 current LCU per US$ of GDP | -3.3% |
| 2009 | 0.319 current LCU per US$ of GDP | -2.1% |
| 2010 | 0.2828 current LCU per US$ of GDP | -11.4% |
| 2011 | 0.2616 current LCU per US$ of GDP | -7.5% |
| 2012 | 0.2631 current LCU per US$ of GDP | +0.6% |
| 2013 | 0.2711 current LCU per US$ of GDP | +3.1% |
| 2014 | 0.2789 current LCU per US$ of GDP | +2.9% |
| 2015 | 0.3339 current LCU per US$ of GDP | +19.7% |
| 2016 | 0.3345 current LCU per US$ of GDP | +0.2% |
| 2017 | 0.3357 current LCU per US$ of GDP | +0.3% |
| 2018 | 0.3492 current LCU per US$ of GDP | +4.0% |
| 2019 | 0.363 current LCU per US$ of GDP | +4.0% |
| 2020 | 0.3587 current LCU per US$ of GDP | -1.2% |
| 2021 | 0.3567 current LCU per US$ of GDP | -0.5% |
| 2022 | 0.4168 current LCU per US$ of GDP | +16.9% |
| 2023 | 0.3922 current LCU per US$ of GDP | -5.9% |
| 2024 | 0.3816 current LCU per US$ of GDP | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2305 current LCU per US$ of GDP | 0.1956 current LCU per US$ of GDP | 0.2805 current LCU per US$ of GDP | 10 |
| 1980s | 0.395 current LCU per US$ of GDP | 0.2231 current LCU per US$ of GDP | 0.5596 current LCU per US$ of GDP | 10 |
| 1990s | 0.3656 current LCU per US$ of GDP | 0.3118 current LCU per US$ of GDP | 0.4477 current LCU per US$ of GDP | 10 |
| 2000s | 0.3992 current LCU per US$ of GDP | 0.319 current LCU per US$ of GDP | 0.5484 current LCU per US$ of GDP | 10 |
| 2010s | 0.3074 current LCU per US$ of GDP | 0.2616 current LCU per US$ of GDP | 0.363 current LCU per US$ of GDP | 10 |
| 2020s | 0.3812 current LCU per US$ of GDP | 0.3567 current LCU per US$ of GDP | 0.4168 current LCU per US$ of GDP | 5 |
Countries ranked near New Zealand
- 134 Tunisia 0.4564 current LCU per US$ of GDP compare
- 135 Kiribati 0.4533 current LCU per US$ of GDP compare
- 136 Belize 0.3958 current LCU per US$ of GDP compare
- 138 Australia 0.3779 current LCU per US$ of GDP compare
- 139 Brunei Darussalam 0.3547 current LCU per US$ of GDP compare
- 140 Palau 0.3497 current LCU per US$ of GDP 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)
- Households and NPISHs Final consumption expenditure (current LCU) 2.59 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9411 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 46,522 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.0126 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5156 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 25,486 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 1.35 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7802 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in New Zealand?
- Gross capital formation (current lcu), per unit of gdp in New Zealand was 0.3816 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in New Zealand?
- The highest recorded value was 0.5596 current LCU per US$ of GDP in 1984.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.1956 current LCU per US$ of GDP in 1973.
- How does New Zealand rank for gross capital formation (current lcu), per unit of gdp?
- New Zealand ranks 137th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 36.8%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross capital formation (current 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.