Gross capital formation (current US$), annual growth rate in New Zealand
New Zealand: Gross capital formation (current US$), annual growth rate was -2.21 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-2.21 % change on previous year
Change on year
up 65.6%
World rank
152nd
of 186 countries
All-time high
52.32 % change on previous year
in 1973
All-time low
-27.05 % change on previous year
in 1975
Years of data
54
1971–2024
Gross capital formation (current US$), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross capital formation (current us$), annual growth rate in New Zealand stood at -2.21 % change on previous year.
The figure is up 65.6% on the previous year and down 122.6% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in New Zealand peaked at 52.32 % change on previous year in 1973 and was at its lowest, -27.05 % change on previous year, in 1975.
That places New Zealand 152nd out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 22.46 % change on previous year | — |
| 1972 | 18.25 % change on previous year | -18.7% |
| 1973 | 52.32 % change on previous year | +186.6% |
| 1974 | 40.07 % change on previous year | -23.4% |
| 1975 | -27.05 % change on previous year | -167.5% |
| 1976 | 4.43 % change on previous year | -116.4% |
| 1977 | 4.91 % change on previous year | +10.8% |
| 1978 | 5.33 % change on previous year | +8.6% |
| 1979 | 19.37 % change on previous year | +263.2% |
| 1980 | 2.03 % change on previous year | -89.5% |
| 1981 | 23.29 % change on previous year | +1047.8% |
| 1982 | 3.71 % change on previous year | -84.1% |
| 1983 | 2.02 % change on previous year | -45.7% |
| 1984 | -3.68 % change on previous year | -282.8% |
| 1985 | 6.11 % change on previous year | -265.9% |
| 1986 | 15.19 % change on previous year | +148.6% |
| 1987 | 18.91 % change on previous year | +24.5% |
| 1988 | 4.27 % change on previous year | -77.4% |
| 1989 | 7.73 % change on previous year | +81.1% |
| 1990 | -9.27 % change on previous year | -219.9% |
| 1991 | -19.48 % change on previous year | +110.2% |
| 1992 | 3.67 % change on previous year | -118.8% |
| 1993 | 27.7 % change on previous year | +655.7% |
| 1994 | 25.81 % change on previous year | -6.8% |
| 1995 | 21.04 % change on previous year | -18.5% |
| 1996 | 7.38 % change on previous year | -64.9% |
| 1997 | -6.68 % change on previous year | -190.5% |
| 1998 | -22.76 % change on previous year | +241.0% |
| 1999 | 16.67 % change on previous year | -173.2% |
| 2000 | -15.07 % change on previous year | -190.4% |
| 2001 | 6.64 % change on previous year | -144.1% |
| 2002 | 22.57 % change on previous year | +240.1% |
| 2003 | 40.5 % change on previous year | +79.4% |
| 2004 | 23.37 % change on previous year | -42.3% |
| 2005 | 11.02 % change on previous year | -52.9% |
| 2006 | -9.13 % change on previous year | -182.9% |
| 2007 | 28.26 % change on previous year | -409.6% |
| 2008 | -10.08 % change on previous year | -135.7% |
| 2009 | -20.68 % change on previous year | +105.0% |
| 2010 | 23.45 % change on previous year | -213.4% |
| 2011 | 16.33 % change on previous year | -30.4% |
| 2012 | 8.05 % change on previous year | -50.7% |
| 2013 | 12.84 % change on previous year | +59.5% |
| 2014 | 9.77 % change on previous year | -23.9% |
| 2015 | -10.98 % change on previous year | -212.5% |
| 2016 | 6.1 % change on previous year | -155.5% |
| 2017 | 11.95 % change on previous year | +96.1% |
| 2018 | 3.83 % change on previous year | -67.9% |
| 2019 | -0.3759 % change on previous year | -109.8% |
| 2020 | -2.65 % change on previous year | +604.9% |
| 2021 | 29.03 % change on previous year | -1195.6% |
| 2022 | 3.1 % change on previous year | -89.3% |
| 2023 | -6.44 % change on previous year | -307.8% |
| 2024 | -2.21 % change on previous year | -65.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.57 % change on previous year | -27.05 % change on previous year | 52.32 % change on previous year | 9 |
| 1980s | 7.96 % change on previous year | -3.68 % change on previous year | 23.29 % change on previous year | 10 |
| 1990s | 4.41 % change on previous year | -22.76 % change on previous year | 27.7 % change on previous year | 10 |
| 2000s | 7.74 % change on previous year | -20.68 % change on previous year | 40.5 % change on previous year | 10 |
| 2010s | 8.1 % change on previous year | -10.98 % change on previous year | 23.45 % change on previous year | 10 |
| 2020s | 4.17 % change on previous year | -6.44 % change on previous year | 29.03 % change on previous year | 5 |
Countries ranked near New Zealand
- 149 Philippines -1.34 % change on previous year compare
- 150 Lebanon -1.51 % change on previous year compare
- 151 Iraq -1.91 % change on previous year compare
- 153 Trinidad and Tobago -2.37 % change on previous year compare
- 154 Republic of Korea -2.97 % change on previous year compare
- 155 Georgia -3.1 % 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)
- Gross capital formation (current US$), per unit of GDP 0.2309 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 11,415 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -0.7776 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3816 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 18,862 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 9,511 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in New Zealand?
- Gross capital formation (current us$), annual growth rate in New Zealand was -2.21 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in New Zealand?
- The highest recorded value was 52.32 % change on previous year in 1973.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in New Zealand?
- The lowest recorded value was -27.05 % change on previous year in 1975.
- How does New Zealand rank for gross capital formation (current us$), annual growth rate?
- New Zealand ranks 152nd out of 186 countries with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 122.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.