Gross fixed capital formation (constant 2015 US$), annual growth rate in New Zealand
New Zealand: Gross fixed capital formation (constant 2015 US$), annual growth rate was -4.95 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded -4.95 % change on previous year for gross fixed capital formation (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is down 363.8% on the previous year and down 160.0% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), annual growth rate in New Zealand peaked at 18.49 % change on previous year in 1981 and was at its lowest, -14.29 % change on previous year, in 1991.
New Zealand ranks 147th of 161 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.78 % change on previous year | — |
| 1972 | 16.4 % change on previous year | +19.1% |
| 1973 | 8.98 % change on previous year | -45.2% |
| 1974 | 8.6 % change on previous year | -4.2% |
| 1975 | -3.85 % change on previous year | -144.8% |
| 1976 | -5.93 % change on previous year | +53.9% |
| 1977 | -11.67 % change on previous year | +96.8% |
| 1978 | -1.14 % change on previous year | -90.2% |
| 1979 | -7.46 % change on previous year | +555.9% |
| 1980 | 5.72 % change on previous year | -176.7% |
| 1981 | 18.49 % change on previous year | +223.2% |
| 1982 | 5.52 % change on previous year | -70.1% |
| 1983 | 10.06 % change on previous year | +82.2% |
| 1984 | 7.47 % change on previous year | -25.7% |
| 1985 | 8.67 % change on previous year | +16.0% |
| 1986 | -2.14 % change on previous year | -124.7% |
| 1987 | 5.46 % change on previous year | -355.1% |
| 1988 | -1.18 % change on previous year | -121.6% |
| 1989 | 4.62 % change on previous year | -491.0% |
| 1990 | -3.35 % change on previous year | -172.6% |
| 1991 | -14.29 % change on previous year | +326.1% |
| 1992 | 2.7 % change on previous year | -118.9% |
| 1993 | 17.19 % change on previous year | +535.7% |
| 1994 | 15.29 % change on previous year | -11.0% |
| 1995 | 9.66 % change on previous year | -36.8% |
| 1996 | 4.8 % change on previous year | -50.3% |
| 1997 | 1.83 % change on previous year | -61.9% |
| 1998 | -3.25 % change on previous year | -277.4% |
| 1999 | 10.48 % change on previous year | -422.8% |
| 2000 | -0.0024 % change on previous year | -100.0% |
| 2001 | 8.52 % change on previous year | -359828.3% |
| 2002 | 7.94 % change on previous year | -6.8% |
| 2003 | 14.5 % change on previous year | +82.6% |
| 2004 | 8.05 % change on previous year | -44.5% |
| 2005 | 5.82 % change on previous year | -27.6% |
| 2006 | -1.57 % change on previous year | -126.9% |
| 2007 | 7.68 % change on previous year | -590.4% |
| 2008 | -6.15 % change on previous year | -180.1% |
| 2009 | -9.79 % change on previous year | +59.0% |
| 2010 | 3.69 % change on previous year | -137.7% |
| 2011 | 5.43 % change on previous year | +47.1% |
| 2012 | 5.92 % change on previous year | +8.9% |
| 2013 | 8.82 % change on previous year | +49.1% |
| 2014 | 8.25 % change on previous year | -6.5% |
| 2015 | 3.36 % change on previous year | -59.2% |
| 2016 | 2.6 % change on previous year | -22.7% |
| 2017 | 6.65 % change on previous year | +156.0% |
| 2018 | 5.23 % change on previous year | -21.4% |
| 2019 | 2.99 % change on previous year | -42.9% |
| 2020 | -1.23 % change on previous year | -141.1% |
| 2021 | 8.63 % change on previous year | -802.9% |
| 2022 | 3.75 % change on previous year | -56.5% |
| 2023 | -1.07 % change on previous year | -128.4% |
| 2024 | -4.95 % change on previous year | +363.8% |
New Zealand compared with similar countries
- New Zealand's -4.95 % change on previous year is below the median for high income countries, which is 1.99 % change on previous year. (57 countries reporting)
- New Zealand's -4.95 % change on previous year is below the median for East Asia & Pacific, which is 5.62 % change on previous year. (24 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (constant 2015 US$), annual growth rate in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +359828.3% | -0.0024 % change on previous year | 8.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.97 % change on previous year | -11.67 % change on previous year | 16.4 % change on previous year | 9 |
| 1980s | 6.27 % change on previous year | -2.14 % change on previous year | 18.49 % change on previous year | 10 |
| 1990s | 4.11 % change on previous year | -14.29 % change on previous year | 17.19 % change on previous year | 10 |
| 2000s | 3.5 % change on previous year | -9.79 % change on previous year | 14.5 % change on previous year | 10 |
| 2010s | 5.3 % change on previous year | 2.6 % change on previous year | 8.82 % change on previous year | 10 |
| 2020s | 1.03 % change on previous year | -4.95 % change on previous year | 8.63 % change on previous year | 5 |
Countries ranked near New Zealand
- 144 Greenland -3.77 % change on previous year compare
- 145 Nepal -4.06 % change on previous year compare
- 146 San Marino -4.74 % change on previous year compare
- 148 Venezuela -5.15 % change on previous year compare
- 149 Brunei -6.03 % change on previous year compare
- 150 Egypt -6.21 % change on previous year compare
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ 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 fixed capital formation (constant 2015 us$), annual growth rate in New Zealand?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in New Zealand was -4.95 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in New Zealand?
- The highest recorded value was 18.49 % change on previous year in 1981.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in New Zealand?
- The lowest recorded value was -14.29 % change on previous year in 1991.
- How does New Zealand rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- New Zealand ranks 147th out of 161 countries with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 160.0%. 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 fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed 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 fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.