Gross capital formation (current US$), annual growth rate (current US) in New Zealand
New Zealand: Gross capital formation (current US$), annual growth rate (current US) was -2.21 % change on previous year in 2024. ◆ Volatile
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 (current US) 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% |
New Zealand compared with similar countries
- New Zealand's -2.21 % change on previous year is below the median for high income countries, which is 8.49 % change on previous year. (67 countries reporting)
- New Zealand's -2.21 % change on previous year is below the median for East Asia & Pacific, which is 4.23 % change on previous year. (29 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$), annual growth rate (current US) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1195.6% | -2.65 % change on previous year | 29.03 % change on previous year |
| 1981 | +1047.8% | 2.03 % change on previous year | 23.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.57 % change on previous year | -27.05 % change on previous year | 52.32 % change on previous year | 9 |
| 1980s | 7.96 % change on previous year | -3.68 % change on previous year | 23.29 % change on previous year | 10 |
| 1990s | 4.41 % change on previous year | -22.76 % change on previous year | 27.7 % change on previous year | 10 |
| 2000s | 7.74 % change on previous year | -20.68 % change on previous year | 40.5 % change on previous year | 10 |
| 2010s | 8.1 % change on previous year | -10.98 % change on previous year | 23.45 % change on previous year | 10 |
| 2020s | 4.17 % change on previous year | -6.44 % change on previous year | 29.03 % change on previous year | 5 |
Countries ranked near New Zealand
- 149 Philippines -1.34 % change on previous year compare
- 150 Lebanon -1.51 % change on previous year compare
- 151 Iraq -1.91 % change on previous year compare
- 153 Trinidad and Tobago -2.37 % change on previous year compare
- 154 South Korea -2.97 % change on previous year compare
- 155 Georgia -3.1 % change on previous year compare
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
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.