Gross fixed capital formation (current LCU), per unit of GDP in New Zealand
New Zealand: Gross fixed capital formation (current LCU), per unit of GDP was 0.3862 current LCU per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.3862 current LCU per US$ of GDP
Change on year
down 4.6%
World rank
132nd
of 181 countries
All-time high
0.5347 current LCU per US$ of GDP
in 1985
All-time low
0.1788 current LCU per US$ of GDP
in 1973
Years of data
55
1970–2024
Gross fixed 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 0.3862 current LCU per US$ of GDP for gross fixed capital formation (current lcu), per unit of gdp in 2024.
The figure is down 4.6% on the previous year and up 41.7% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in New Zealand peaked at 0.5347 current LCU per US$ of GDP in 1985 and was at its lowest, 0.1788 current LCU per US$ of GDP, in 1973.
That places New Zealand 132nd out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross fixed capital formation (current LCU), per unit of GDP in New Zealand, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2089 current LCU per US$ of GDP | — |
| 1971 | 0.1995 current LCU per US$ of GDP | -4.5% |
| 1972 | 0.2053 current LCU per US$ of GDP | +2.9% |
| 1973 | 0.1788 current LCU per US$ of GDP | -12.9% |
| 1974 | 0.2019 current LCU per US$ of GDP | +12.9% |
| 1975 | 0.2674 current LCU per US$ of GDP | +32.5% |
| 1976 | 0.2762 current LCU per US$ of GDP | +3.3% |
| 1977 | 0.2471 current LCU per US$ of GDP | -10.5% |
| 1978 | 0.2254 current LCU per US$ of GDP | -8.8% |
| 1979 | 0.2135 current LCU per US$ of GDP | -5.3% |
| 1980 | 0.2245 current LCU per US$ of GDP | +5.1% |
| 1981 | 0.2967 current LCU per US$ of GDP | +32.2% |
| 1982 | 0.3533 current LCU per US$ of GDP | +19.1% |
| 1983 | 0.3931 current LCU per US$ of GDP | +11.3% |
| 1984 | 0.5084 current LCU per US$ of GDP | +29.3% |
| 1985 | 0.5347 current LCU per US$ of GDP | +5.2% |
| 1986 | 0.4562 current LCU per US$ of GDP | -14.7% |
| 1987 | 0.3758 current LCU per US$ of GDP | -17.6% |
| 1988 | 0.3299 current LCU per US$ of GDP | -12.2% |
| 1989 | 0.3655 current LCU per US$ of GDP | +10.8% |
| 1990 | 0.3459 current LCU per US$ of GDP | -5.4% |
| 1991 | 0.3139 current LCU per US$ of GDP | -9.3% |
| 1992 | 0.3361 current LCU per US$ of GDP | +7.1% |
| 1993 | 0.3532 current LCU per US$ of GDP | +5.1% |
| 1994 | 0.3488 current LCU per US$ of GDP | -1.2% |
| 1995 | 0.3376 current LCU per US$ of GDP | -3.2% |
| 1996 | 0.3221 current LCU per US$ of GDP | -4.6% |
| 1997 | 0.3514 current LCU per US$ of GDP | +9.1% |
| 1998 | 0.3906 current LCU per US$ of GDP | +11.2% |
| 1999 | 0.4215 current LCU per US$ of GDP | +7.9% |
| 2000 | 0.4748 current LCU per US$ of GDP | +12.6% |
| 2001 | 0.5134 current LCU per US$ of GDP | +8.1% |
| 2002 | 0.4451 current LCU per US$ of GDP | -13.3% |
| 2003 | 0.3808 current LCU per US$ of GDP | -14.4% |
| 2004 | 0.3602 current LCU per US$ of GDP | -5.4% |
| 2005 | 0.3515 current LCU per US$ of GDP | -2.4% |
| 2006 | 0.3688 current LCU per US$ of GDP | +4.9% |
| 2007 | 0.3254 current LCU per US$ of GDP | -11.8% |
| 2008 | 0.3255 current LCU per US$ of GDP | +0.0% |
| 2009 | 0.326 current LCU per US$ of GDP | +0.2% |
| 2010 | 0.2769 current LCU per US$ of GDP | -15.1% |
| 2011 | 0.2541 current LCU per US$ of GDP | -8.2% |
| 2012 | 0.2586 current LCU per US$ of GDP | +1.8% |
| 2013 | 0.2615 current LCU per US$ of GDP | +1.1% |
| 2014 | 0.2726 current LCU per US$ of GDP | +4.3% |
| 2015 | 0.3298 current LCU per US$ of GDP | +21.0% |
| 2016 | 0.3267 current LCU per US$ of GDP | -0.9% |
| 2017 | 0.3253 current LCU per US$ of GDP | -0.4% |
| 2018 | 0.3423 current LCU per US$ of GDP | +5.2% |
| 2019 | 0.3593 current LCU per US$ of GDP | +5.0% |
| 2020 | 0.3605 current LCU per US$ of GDP | +0.3% |
| 2021 | 0.3497 current LCU per US$ of GDP | -3.0% |
| 2022 | 0.4028 current LCU per US$ of GDP | +15.2% |
| 2023 | 0.4046 current LCU per US$ of GDP | +0.4% |
| 2024 | 0.3862 current LCU per US$ of GDP | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2224 current LCU per US$ of GDP | 0.1788 current LCU per US$ of GDP | 0.2762 current LCU per US$ of GDP | 10 |
| 1980s | 0.3838 current LCU per US$ of GDP | 0.2245 current LCU per US$ of GDP | 0.5347 current LCU per US$ of GDP | 10 |
| 1990s | 0.3521 current LCU per US$ of GDP | 0.3139 current LCU per US$ of GDP | 0.4215 current LCU per US$ of GDP | 10 |
| 2000s | 0.3871 current LCU per US$ of GDP | 0.3254 current LCU per US$ of GDP | 0.5134 current LCU per US$ of GDP | 10 |
| 2010s | 0.3007 current LCU per US$ of GDP | 0.2541 current LCU per US$ of GDP | 0.3593 current LCU per US$ of GDP | 10 |
| 2020s | 0.3808 current LCU per US$ of GDP | 0.3497 current LCU per US$ of GDP | 0.4046 current LCU per US$ of GDP | 5 |
Countries ranked near New Zealand
- 129 Bosnia and Herzegovina 0.4404 current LCU per US$ of GDP compare
- 130 Kiribati 0.44 current LCU per US$ of GDP compare
- 131 Belize 0.4227 current LCU per US$ of GDP compare
- 133 Australia 0.3759 current LCU per US$ of GDP compare
- 134 Palau 0.3584 current LCU per US$ of GDP compare
- 135 Brunei Darussalam 0.3519 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)
- Exports of goods and services (current LCU), annual growth rate 8.2 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4082 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 20,179 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.35 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.204 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 10,085 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.05 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2337 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in New Zealand?
- Gross fixed capital formation (current lcu), per unit of gdp in New Zealand was 0.3862 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in New Zealand?
- The highest recorded value was 0.5347 current LCU per US$ of GDP in 1985.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.1788 current LCU per US$ of GDP in 1973.
- How does New Zealand rank for gross fixed capital formation (current lcu), per unit of gdp?
- New Zealand ranks 132nd out of 181 countries with data for 2024.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 41.7%. 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 fixed 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 fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross fixed 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 fixed 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.