Gross capital formation in New Zealand
New Zealand: Gross capital formation was 99.78 billion current LCU in 2024. ◆ Volatile
Latest (2024)
99.78 billion current LCU
Change on year
down 0.8%
World rank
112th
of 186 countries
All-time high
104.09 billion current LCU
in 2022
All-time low
1.41 billion current LCU
in 1970
Years of data
55
1970–2024
Gross capital formation in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in New Zealand is 99.78 billion current LCU, measured in 2024.
That represents a change of down 0.8% on the previous year and up 77.6% over ten years.
Over the whole period, gross capital formation in New Zealand peaked at 104.09 billion current LCU in 2022 and was at its lowest, 1.41 billion current LCU, in 1970.
New Zealand ranks 112th of 186 countries on this measure, 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 in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 1.41 billion current LCU | — |
| 1971 | 1.68 billion current LCU | +18.8% |
| 1972 | 1.88 billion current LCU | +12.3% |
| 1973 | 2.50 billion current LCU | +33.0% |
| 1974 | 3.54 billion current LCU | +41.3% |
| 1975 | 3.15 billion current LCU | -10.9% |
| 1976 | 3.82 billion current LCU | +21.1% |
| 1977 | 3.95 billion current LCU | +3.5% |
| 1978 | 3.93 billion current LCU | -0.5% |
| 1979 | 4.90 billion current LCU | +24.5% |
| 1980 | 5.18 billion current LCU | +5.9% |
| 1981 | 7.41 billion current LCU | +42.9% |
| 1982 | 8.79 billion current LCU | +18.6% |
| 1983 | 9.93 billion current LCU | +13.1% |
| 1984 | 12.12 billion current LCU | +22.1% |
| 1985 | 13.04 billion current LCU | +7.6% |
| 1986 | 14.55 billion current LCU | +11.6% |
| 1987 | 14.76 billion current LCU | +1.5% |
| 1988 | 14.79 billion current LCU | +0.2% |
| 1989 | 17.34 billion current LCU | +17.3% |
| 1990 | 15.58 billion current LCU | -10.1% |
| 1991 | 13.33 billion current LCU | -14.5% |
| 1992 | 14.62 billion current LCU | +9.7% |
| 1993 | 17.95 billion current LCU | +22.8% |
| 1994 | 20.46 billion current LCU | +14.0% |
| 1995 | 22.76 billion current LCU | +11.3% |
| 1996 | 23.40 billion current LCU | +2.8% |
| 1997 | 24.03 billion current LCU | +2.7% |
| 1998 | 22.23 billion current LCU | -7.5% |
| 1999 | 26.31 billion current LCU | +18.3% |
| 2000 | 26.41 billion current LCU | +0.4% |
| 2001 | 29.54 billion current LCU | +11.9% |
| 2002 | 30.75 billion current LCU | +4.1% |
| 2003 | 34.87 billion current LCU | +13.4% |
| 2004 | 39.08 billion current LCU | +12.1% |
| 2005 | 41.42 billion current LCU | +6.0% |
| 2006 | 40.87 billion current LCU | -1.3% |
| 2007 | 46.25 billion current LCU | +13.2% |
| 2008 | 43.48 billion current LCU | -6.0% |
| 2009 | 38.81 billion current LCU | -10.7% |
| 2010 | 41.54 billion current LCU | +7.0% |
| 2011 | 44.07 billion current LCU | +6.1% |
| 2012 | 46.44 billion current LCU | +5.4% |
| 2013 | 51.77 billion current LCU | +11.5% |
| 2014 | 56.17 billion current LCU | +8.5% |
| 2015 | 59.48 billion current LCU | +5.9% |
| 2016 | 63.22 billion current LCU | +6.3% |
| 2017 | 69.34 billion current LCU | +9.7% |
| 2018 | 73.94 billion current LCU | +6.6% |
| 2019 | 77.36 billion current LCU | +4.6% |
| 2020 | 76.51 billion current LCU | -1.1% |
| 2021 | 90.51 billion current LCU | +18.3% |
| 2022 | 104.09 billion current LCU | +15.0% |
| 2023 | 100.56 billion current LCU | -3.4% |
| 2024 | 99.78 billion current LCU | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.08 billion current LCU | 1.41 billion current LCU | 4.90 billion current LCU | 10 |
| 1980s | 11.79 billion current LCU | 5.18 billion current LCU | 17.34 billion current LCU | 10 |
| 1990s | 20.07 billion current LCU | 13.33 billion current LCU | 26.31 billion current LCU | 10 |
| 2000s | 37.15 billion current LCU | 26.41 billion current LCU | 46.25 billion current LCU | 10 |
| 2010s | 58.33 billion current LCU | 41.54 billion current LCU | 77.36 billion current LCU | 10 |
| 2020s | 94.29 billion current LCU | 76.51 billion current LCU | 104.09 billion current LCU | 5 |
Countries ranked near New Zealand
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)
- GDP (constant 2015 US$), annual growth rate 0.4628 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8335 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 41,336 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 0.4627 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.36 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 67,519 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.38 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2198 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in New Zealand?
- Gross capital formation in New Zealand was 99.78 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in New Zealand?
- The highest recorded value was 104.09 billion current LCU in 2022.
- What is the lowest gross capital formation recorded in New Zealand?
- The lowest recorded value was 1.41 billion current LCU in 1970.
- How does New Zealand rank for gross capital formation?
- New Zealand ranks 112th out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in New Zealand?
- Over the last ten years it is up 77.6%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.