Gross fixed capital formation (current US$), per unit of GDP in New Zealand
New Zealand: Gross fixed capital formation (current US$), per unit of GDP was 0.2337 current US$ per US$ of GDP in 2024. ▼ Falling
Gross fixed capital formation (current US$), per unit of GDP in New Zealand, 1970–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current us$), per unit of gdp in New Zealand stood at 0.2337 current US$ per US$ of GDP.
That represents a change of down 5.9% on the previous year and up 3.4% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in New Zealand peaked at 0.302 current US$ per US$ of GDP in 1975 and was at its lowest, 0.1766 current US$ per US$ of GDP, in 1991.
New Zealand ranks 78th of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross fixed capital formation (current US$), per unit of GDP in New Zealand, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.234 current US$ per US$ of GDP | — |
| 1971 | 0.2302 current US$ per US$ of GDP | -1.6% |
| 1972 | 0.2495 current US$ per US$ of GDP | +8.4% |
| 1973 | 0.2488 current US$ per US$ of GDP | -0.3% |
| 1974 | 0.2783 current US$ per US$ of GDP | +11.9% |
| 1975 | 0.302 current US$ per US$ of GDP | +8.5% |
| 1976 | 0.2691 current US$ per US$ of GDP | -10.9% |
| 1977 | 0.244 current US$ per US$ of GDP | -9.3% |
| 1978 | 0.2356 current US$ per US$ of GDP | -3.4% |
| 1979 | 0.2139 current US$ per US$ of GDP | -9.2% |
| 1980 | 0.2166 current US$ per US$ of GDP | +1.3% |
| 1981 | 0.247 current US$ per US$ of GDP | +14.0% |
| 1982 | 0.2573 current US$ per US$ of GDP | +4.2% |
| 1983 | 0.2584 current US$ per US$ of GDP | +0.4% |
| 1984 | 0.2636 current US$ per US$ of GDP | +2.0% |
| 1985 | 0.2735 current US$ per US$ of GDP | +3.8% |
| 1986 | 0.2409 current US$ per US$ of GDP | -11.9% |
| 1987 | 0.2326 current US$ per US$ of GDP | -3.4% |
| 1988 | 0.2125 current US$ per US$ of GDP | -8.6% |
| 1989 | 0.2163 current US$ per US$ of GDP | +1.8% |
| 1990 | 0.2067 current US$ per US$ of GDP | -4.4% |
| 1991 | 0.1766 current US$ per US$ of GDP | -14.6% |
| 1992 | 0.1787 current US$ per US$ of GDP | +1.2% |
| 1993 | 0.1953 current US$ per US$ of GDP | +9.3% |
| 1994 | 0.2129 current US$ per US$ of GDP | +9.0% |
| 1995 | 0.2243 current US$ per US$ of GDP | +5.3% |
| 1996 | 0.2235 current US$ per US$ of GDP | -0.4% |
| 1997 | 0.2215 current US$ per US$ of GDP | -0.9% |
| 1998 | 0.2056 current US$ per US$ of GDP | -7.2% |
| 1999 | 0.2188 current US$ per US$ of GDP | +6.4% |
| 2000 | 0.2085 current US$ per US$ of GDP | -4.7% |
| 2001 | 0.2149 current US$ per US$ of GDP | +3.1% |
| 2002 | 0.2194 current US$ per US$ of GDP | +2.1% |
| 2003 | 0.2326 current US$ per US$ of GDP | +6.0% |
| 2004 | 0.2422 current US$ per US$ of GDP | +4.1% |
| 2005 | 0.2475 current US$ per US$ of GDP | +2.2% |
| 2006 | 0.2391 current US$ per US$ of GDP | -3.4% |
| 2007 | 0.2391 current US$ per US$ of GDP | -0.0% |
| 2008 | 0.2288 current US$ per US$ of GDP | -4.3% |
| 2009 | 0.2036 current US$ per US$ of GDP | -11.0% |
| 2010 | 0.1995 current US$ per US$ of GDP | -2.0% |
| 2011 | 0.2007 current US$ per US$ of GDP | +0.6% |
| 2012 | 0.2095 current US$ per US$ of GDP | +4.4% |
| 2013 | 0.2144 current US$ per US$ of GDP | +2.3% |
| 2014 | 0.2261 current US$ per US$ of GDP | +5.5% |
| 2015 | 0.23 current US$ per US$ of GDP | +1.7% |
| 2016 | 0.2274 current US$ per US$ of GDP | -1.1% |
| 2017 | 0.2312 current US$ per US$ of GDP | +1.6% |
| 2018 | 0.2369 current US$ per US$ of GDP | +2.5% |
| 2019 | 0.2367 current US$ per US$ of GDP | -0.1% |
| 2020 | 0.2338 current US$ per US$ of GDP | -1.2% |
| 2021 | 0.2473 current US$ per US$ of GDP | +5.8% |
| 2022 | 0.2554 current US$ per US$ of GDP | +3.3% |
| 2023 | 0.2485 current US$ per US$ of GDP | -2.7% |
| 2024 | 0.2337 current US$ per US$ of GDP | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2505 current US$ per US$ of GDP | 0.2139 current US$ per US$ of GDP | 0.302 current US$ per US$ of GDP | 10 |
| 1980s | 0.2419 current US$ per US$ of GDP | 0.2125 current US$ per US$ of GDP | 0.2735 current US$ per US$ of GDP | 10 |
| 1990s | 0.2064 current US$ per US$ of GDP | 0.1766 current US$ per US$ of GDP | 0.2243 current US$ per US$ of GDP | 10 |
| 2000s | 0.2276 current US$ per US$ of GDP | 0.2036 current US$ per US$ of GDP | 0.2475 current US$ per US$ of GDP | 10 |
| 2010s | 0.2213 current US$ per US$ of GDP | 0.1995 current US$ per US$ of GDP | 0.2369 current US$ per US$ of GDP | 10 |
| 2020s | 0.2437 current US$ per US$ of GDP | 0.2337 current US$ per US$ of GDP | 0.2554 current US$ per US$ of GDP | 5 |
Countries ranked near New Zealand
- 75 North Macedonia 0.2349 current US$ per US$ of GDP compare
- 76 Latvia 0.2347 current US$ per US$ of GDP compare
- 77 Norway 0.2338 current US$ per US$ of GDP compare
- 79 Honduras 0.2333 current US$ per US$ of GDP compare
- 80 Sierra Leone 0.232 current US$ per US$ of GDP compare
- 81 Russian Federation 0.2309 current US$ 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 capita 11,554 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in New Zealand?
- Gross fixed capital formation (current us$), per unit of gdp in New Zealand was 0.2337 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in New Zealand?
- The highest recorded value was 0.302 current US$ per US$ of GDP in 1975.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.1766 current US$ per US$ of GDP in 1991.
- How does New Zealand rank for gross fixed capital formation (current us$), per unit of gdp?
- New Zealand ranks 78th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is falling.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.