Gross fixed capital formation, Private sector, Constant prices in New Zealand

New Zealand: Gross fixed capital formation, Private sector, Constant prices was 18.23 in 2019. ▲ Rising

Latest (2019)
18.23
Change on year
up 1.2%
World rank
55th
of 173 countries
All-time high
18.23
in 2019
All-time low
8.86
in 1979
Years of data
60
1960–2019

Gross fixed capital formation, Private sector, Constant prices in New Zealand, 1960–2019

05101520196019892019

Source: International Monetary Fund.

Analysis

New Zealand recorded 18.23 for gross fixed capital formation, private sector, constant prices in 2019. That is the highest value across all 60 years on record.

The figure is up 1.2% on the previous year and up 38.5% over ten years.

Over the whole period, gross fixed capital formation, private sector, constant prices in New Zealand peaked at 18.23 in 2019 and was at its lowest, 8.86, in 1979.

That places New Zealand 55th out of 173 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 60 years of available data.

Gross fixed capital formation, Private sector, Constant prices in New Zealand, year by year

Annual values for Gross fixed capital formation, Private sector, Constant prices, Percent of GDP in New Zealand, 1960 to 2019.
Year Value Change
1960 11.44
1961 11.39 -0.4%
1962 10.66 -6.5%
1963 10.92 +2.4%
1964 11.82 +8.2%
1965 12.11 +2.5%
1966 12.3 +1.6%
1967 12.06 -2.0%
1968 10.14 -15.9%
1969 10.88 +7.3%
1970 11.3 +3.8%
1971 11.24 -0.5%
1972 11.9 +5.9%
1973 13.19 +10.9%
1974 13.54 +2.7%
1975 11.38 -15.9%
1976 11.57 +1.6%
1977 10.29 -11.0%
1978 9.11 -11.5%
1979 8.86 -2.7%
1980 9.44 +6.5%
1981 10.02 +6.2%
1982 10.82 +8.0%
1983 9.6 -11.3%
1984 11.45 +19.3%
1985 11.51 +0.5%
1986 11.23 -2.4%
1987 12.18 +8.5%
1988 12.08 -0.8%
1989 12.92 +7.0%
1990 12.61 -2.4%
1991 10.63 -15.7%
1992 11.35 +6.8%
1993 13.05 +14.9%
1994 14.23 +9.1%
1995 15.15 +6.5%
1996 15.43 +1.8%
1997 14.86 -3.7%
1998 13.64 -8.2%
1999 14.33 +5.1%
2000 15.27 +6.5%
2001 14.25 -6.7%
2002 14.15 -0.7%
2003 15.95 +12.7%
2004 16.92 +6.1%
2005 17.06 +0.9%
2006 16.62 -2.6%
2007 17.47 +5.1%
2008 16.47 -5.7%
2009 13.16 -20.1%
2010 13.06 -0.7%
2011 13.93 +6.6%
2012 15.24 +9.4%
2013 16.18 +6.1%
2014 17.32 +7.1%
2015 17.27 -0.3%
2016 17.39 +0.7%
2017 17.64 +1.5%
2018 18.01 +2.1%
2019 18.23 +1.2%

New Zealand compared with similar countries

  • New Zealand's 18.23 is below the median for high income countries, which is 18.58, 98% of the median. (58 countries reporting)
  • New Zealand's 18.23 is above the median for East Asia & Pacific, which is 17.15, 1.1× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.37 10.14 12.3 10
1970s 11.24 8.86 13.54 10
1980s 11.13 9.44 12.92 10
1990s 13.53 10.63 15.43 10
2000s 15.73 13.16 17.47 10
2010s 16.43 13.06 18.23 10

Countries ranked near New Zealand

  1. 52 India 18.34 compare
  2. 53 Israel 18.28 compare
  3. 54 Nepal 18.28 compare
  4. 56 Canada 18.22 compare
  5. 57 Colombia 18.17 compare
  6. 58 Slovakia 17.95 compare

See the full ranking of 173 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross fixed capital formation, private sector, constant prices in New Zealand?
Gross fixed capital formation, private sector, constant prices in New Zealand was 18.23 in 2019, according to International Monetary Fund.
What is the highest gross fixed capital formation, private sector, constant prices recorded in New Zealand?
The highest recorded value was 18.23 in 2019.
What is the lowest gross fixed capital formation, private sector, constant prices recorded in New Zealand?
The lowest recorded value was 8.86 in 1979.
How does New Zealand rank for gross fixed capital formation, private sector, constant prices?
New Zealand ranks 55th out of 173 countries with data for 2019.
Is gross fixed capital formation, private sector, constant prices rising or falling in New Zealand?
Over the last ten years it is up 38.5%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Constant prices in New Zealand. Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-constant-prices-percent-of-gdp/new-zealand/

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About this data

Indicator
Gross fixed capital formation, Private sector, Constant prices, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
173 places, 9,224 data points, 1960–2019
Last refreshed

This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.