Gross Fixed Capital … Deflator Standard Local Currency in New Zealand
New Zealand: Gross Fixed Capital … Deflator Standard Local Currency was 139.23 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in New Zealand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in New Zealand stood at 139.23 SLC. That is the highest value across all 55 years on record.
The figure is up 2.9% on the previous year and up 44.2% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in New Zealand peaked at 139.23 SLC in 2024 and was at its lowest, 13.4 SLC, in 1970.
That places New Zealand 87th out of 208 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 … Deflator Standard Local Currency in New Zealand, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 13.4 SLC | — |
| 1971 | 13.7 SLC | +2.2% |
| 1972 | 14.64 SLC | +6.9% |
| 1973 | 15.66 SLC | +6.9% |
| 1974 | 17.73 SLC | +13.2% |
| 1975 | 22.53 SLC | +27.1% |
| 1976 | 26.17 SLC | +16.1% |
| 1977 | 30.1 SLC | +15.0% |
| 1978 | 33.31 SLC | +10.7% |
| 1979 | 38.15 SLC | +14.5% |
| 1980 | 42.54 SLC | +11.5% |
| 1981 | 49.85 SLC | +17.2% |
| 1982 | 55.66 SLC | +11.7% |
| 1983 | 56.62 SLC | +1.7% |
| 1984 | 60.71 SLC | +7.2% |
| 1985 | 66.94 SLC | +10.3% |
| 1986 | 70.69 SLC | +5.6% |
| 1987 | 73.14 SLC | +3.5% |
| 1988 | 73.3 SLC | +0.2% |
| 1989 | 75.11 SLC | +2.5% |
| 1990 | 76.04 SLC | +1.2% |
| 1991 | 76.52 SLC | +0.6% |
| 1992 | 77.83 SLC | +1.7% |
| 1993 | 78.56 SLC | +0.9% |
| 1994 | 79.55 SLC | +1.3% |
| 1995 | 80.27 SLC | +0.9% |
| 1996 | 80.2 SLC | -0.1% |
| 1997 | 81.3 SLC | +1.4% |
| 1998 | 79.66 SLC | -2.0% |
| 1999 | 81.28 SLC | +2.0% |
| 2000 | 82.19 SLC | +1.1% |
| 2001 | 83.96 SLC | +2.1% |
| 2002 | 83.42 SLC | -0.6% |
| 2003 | 82.66 SLC | -0.9% |
| 2004 | 85.1 SLC | +3.0% |
| 2005 | 86.7 SLC | +1.9% |
| 2006 | 89.98 SLC | +3.8% |
| 2007 | 90.61 SLC | +0.7% |
| 2008 | 94.06 SLC | +3.8% |
| 2009 | 95.3 SLC | +1.3% |
| 2010 | 94.1 SLC | -1.3% |
| 2011 | 93.99 SLC | -0.1% |
| 2012 | 94.61 SLC | +0.7% |
| 2013 | 95.1 SLC | +0.5% |
| 2014 | 96.56 SLC | +1.5% |
| 2015 | 100 SLC | +3.6% |
| 2016 | 102.37 SLC | +2.4% |
| 2017 | 104.43 SLC | +2.0% |
| 2018 | 107.05 SLC | +2.5% |
| 2019 | 109.86 SLC | +2.6% |
| 2020 | 111.69 SLC | +1.7% |
| 2021 | 118.57 SLC | +6.2% |
| 2022 | 129.56 SLC | +9.3% |
| 2023 | 135.35 SLC | +4.5% |
| 2024 | 139.23 SLC | +2.9% |
New Zealand compared with similar countries
- New Zealand's 139.23 SLC is above the median for high income countries, which is 126.84 SLC, 1.1× the median. (68 countries reporting)
- New Zealand's 139.23 SLC is above the median for East Asia & Pacific, which is 123.7 SLC, 1.1× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital … Deflator Standard Local Currency 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 |
|---|---|---|---|
| 1975 | +27.1% | 17.73 SLC | 22.53 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.54 SLC | 13.4 SLC | 38.15 SLC | 10 |
| 1980s | 62.46 SLC | 42.54 SLC | 75.11 SLC | 10 |
| 1990s | 79.12 SLC | 76.04 SLC | 81.3 SLC | 10 |
| 2000s | 87.4 SLC | 82.19 SLC | 95.3 SLC | 10 |
| 2010s | 99.81 SLC | 93.99 SLC | 109.86 SLC | 10 |
| 2020s | 126.88 SLC | 111.69 SLC | 139.23 SLC | 5 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Real gdp growth, annual growth rate 161.32 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in New Zealand?
- Gross fixed capital formation deflator — value standard local in New Zealand was 139.23 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in New Zealand?
- The highest recorded value was 139.23 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in New Zealand?
- The lowest recorded value was 13.4 SLC in 1970.
- How does New Zealand rank for gross fixed capital formation deflator — value standard local?
- New Zealand ranks 87th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in New Zealand?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).