Gross fixed capital formation (current US$), annual growth rate in New Zealand
New Zealand: Gross fixed capital formation (current US$), annual growth rate was -4.05 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-4.05 % change on previous year
Change on year
down 3,114.4%
World rank
157th
of 179 countries
All-time high
40.42 % change on previous year
in 2003
All-time low
-21.02 % change on previous year
in 1998
Years of data
54
1971–2024
Gross fixed capital formation (current US$), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (current us$), annual growth rate in New Zealand stood at -4.05 % change on previous year.
The figure is down 3,114.4% on the previous year and down 136.0% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in New Zealand peaked at 40.42 % change on previous year in 2003 and was at its lowest, -21.02 % change on previous year, in 1998.
New Zealand ranks 157th of 179 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 19.81 % change on previous year | — |
| 1972 | 31.07 % change on previous year | +56.9% |
| 1973 | 33.43 % change on previous year | +7.6% |
| 1974 | 21.83 % change on previous year | -34.7% |
| 1975 | 0.0982 % change on previous year | -99.6% |
| 1976 | -5.76 % change on previous year | -5966.9% |
| 1977 | 2.97 % change on previous year | -151.6% |
| 1978 | 15.82 % change on previous year | +432.6% |
| 1979 | 1.56 % change on previous year | -90.2% |
| 1980 | 13.58 % change on previous year | +772.6% |
| 1981 | 19.78 % change on previous year | +45.7% |
| 1982 | 3.08 % change on previous year | -84.4% |
| 1983 | 1.02 % change on previous year | -67.0% |
| 1984 | -9.08 % change on previous year | -994.0% |
| 1985 | 18.19 % change on previous year | -300.5% |
| 1986 | 9.24 % change on previous year | -49.2% |
| 1987 | 27.39 % change on previous year | +196.3% |
| 1988 | 2.21 % change on previous year | -91.9% |
| 1989 | -1.04 % change on previous year | -146.9% |
| 1990 | -1.01 % change on previous year | -2.3% |
| 1991 | -19.74 % change on previous year | +1847.1% |
| 1992 | -1.41 % change on previous year | -92.9% |
| 1993 | 22.75 % change on previous year | -1714.9% |
| 1994 | 28.93 % change on previous year | +27.1% |
| 1995 | 21.69 % change on previous year | -25.0% |
| 1996 | 9.34 % change on previous year | -56.9% |
| 1997 | -6.62 % change on previous year | -170.9% |
| 1998 | -21.02 % change on previous year | +217.4% |
| 1999 | 11.2 % change on previous year | -153.3% |
| 2000 | -14.64 % change on previous year | -230.7% |
| 2001 | 5.5 % change on previous year | -137.5% |
| 2002 | 26.27 % change on previous year | +377.9% |
| 2003 | 40.42 % change on previous year | +53.9% |
| 2004 | 22.6 % change on previous year | -44.1% |
| 2005 | 12.81 % change on previous year | -43.3% |
| 2006 | -6.04 % change on previous year | -147.2% |
| 2007 | 22.99 % change on previous year | -480.5% |
| 2008 | -6.95 % change on previous year | -130.2% |
| 2009 | -18.84 % change on previous year | +171.2% |
| 2010 | 18.3 % change on previous year | -197.1% |
| 2011 | 15.38 % change on previous year | -15.9% |
| 2012 | 9.36 % change on previous year | -39.1% |
| 2013 | 10.7 % change on previous year | +14.3% |
| 2014 | 11.27 % change on previous year | +5.3% |
| 2015 | -10.06 % change on previous year | -189.2% |
| 2016 | 4.9 % change on previous year | -148.8% |
| 2017 | 11.09 % change on previous year | +126.1% |
| 2018 | 5.03 % change on previous year | -54.6% |
| 2019 | 0.5874 % change on previous year | -88.3% |
| 2020 | -1.13 % change on previous year | -292.8% |
| 2021 | 25.82 % change on previous year | -2380.1% |
| 2022 | 1.64 % change on previous year | -93.6% |
| 2023 | -0.1261 % change on previous year | -107.7% |
| 2024 | -4.05 % change on previous year | +3114.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.43 % change on previous year | -5.76 % change on previous year | 33.43 % change on previous year | 9 |
| 1980s | 8.44 % change on previous year | -9.08 % change on previous year | 27.39 % change on previous year | 10 |
| 1990s | 4.41 % change on previous year | -21.02 % change on previous year | 28.93 % change on previous year | 10 |
| 2000s | 8.41 % change on previous year | -18.84 % change on previous year | 40.42 % change on previous year | 10 |
| 2010s | 7.66 % change on previous year | -10.06 % change on previous year | 18.3 % change on previous year | 10 |
| 2020s | 4.43 % change on previous year | -4.05 % change on previous year | 25.82 % change on previous year | 5 |
Countries ranked near New Zealand
- 154 Bolivia, Plurinational State of -1.65 % change on previous year compare
- 155 Trinidad and Tobago -2.37 % change on previous year compare
- 156 Dominican Republic -2.4 % change on previous year compare
- 158 Japan -4.56 % change on previous year compare
- 159 Solomon Islands -4.68 % change on previous year compare
- 160 Brunei Darussalam -4.78 % 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)
- 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$), per unit of GDP 0.2337 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 11,554 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in New Zealand?
- Gross fixed capital formation (current us$), annual growth rate in New Zealand was -4.05 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in New Zealand?
- The highest recorded value was 40.42 % change on previous year in 2003.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in New Zealand?
- The lowest recorded value was -21.02 % change on previous year in 1998.
- How does New Zealand rank for gross fixed capital formation (current us$), annual growth rate?
- New Zealand ranks 157th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 136.0%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). 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 Offices (NSOs)
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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.