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
Gross fixed capital formation, Private sector, Constant prices in New Zealand, 1960–2019
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
| 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
| Decade | Average | Lowest | Highest | 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
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
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.
Download this data
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About this data
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.