Gross fixed capital formation, Private sector, Constant prices in New Zealand
New Zealand: Gross fixed capital formation, Private sector, Constant prices was 38.33 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in New Zealand, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in New Zealand is 38.33, measured in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 85.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in New Zealand peaked at 38.33 in 2019 and was at its lowest, 5.02, in 1962.
That places New Zealand 63rd out of 173 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 5.04 | — |
| 1961 | 5.24 | +4.0% |
| 1962 | 5.02 | -4.1% |
| 1963 | 5.37 | +6.9% |
| 1964 | 6.05 | +12.8% |
| 1965 | 6.6 | +9.0% |
| 1966 | 7.25 | +9.9% |
| 1967 | 6.87 | -5.2% |
| 1968 | 5.61 | -18.2% |
| 1969 | 6.43 | +14.5% |
| 1970 | 6.98 | +8.6% |
| 1971 | 7.21 | +3.3% |
| 1972 | 8.02 | +11.3% |
| 1973 | 9.58 | +19.5% |
| 1974 | 10.43 | +8.8% |
| 1975 | 8.61 | -17.4% |
| 1976 | 8.84 | +2.6% |
| 1977 | 7.55 | -14.5% |
| 1978 | 6.71 | -11.2% |
| 1979 | 6.67 | -0.6% |
| 1980 | 7.19 | +7.9% |
| 1981 | 7.99 | +11.1% |
| 1982 | 8.71 | +9.0% |
| 1983 | 7.99 | -8.2% |
| 1984 | 10 | +25.0% |
| 1985 | 10.21 | +2.1% |
| 1986 | 9.62 | -5.7% |
| 1987 | 10.65 | +10.7% |
| 1988 | 10.71 | +0.6% |
| 1989 | 11.62 | +8.5% |
| 1990 | 11.46 | -1.4% |
| 1991 | 9.45 | -17.5% |
| 1992 | 10.18 | +7.7% |
| 1993 | 12.27 | +20.6% |
| 1994 | 14.28 | +16.3% |
| 1995 | 15.87 | +11.1% |
| 1996 | 16.76 | +5.6% |
| 1997 | 16.62 | -0.8% |
| 1998 | 15.38 | -7.5% |
| 1999 | 16.88 | +9.8% |
| 2000 | 18.71 | +10.8% |
| 2001 | 17.85 | -4.6% |
| 2002 | 18.63 | +4.4% |
| 2003 | 21.97 | +17.9% |
| 2004 | 24.33 | +10.7% |
| 2005 | 25.17 | +3.5% |
| 2006 | 25.2 | +0.1% |
| 2007 | 27.52 | +9.2% |
| 2008 | 25.84 | -6.1% |
| 2009 | 20.72 | -19.8% |
| 2010 | 20.98 | +1.3% |
| 2011 | 22.81 | +8.7% |
| 2012 | 25.59 | +12.2% |
| 2013 | 27.76 | +8.5% |
| 2014 | 30.68 | +10.5% |
| 2015 | 31.84 | +3.8% |
| 2016 | 33.4 | +4.9% |
| 2017 | 35.17 | +5.3% |
| 2018 | 37.06 | +5.4% |
| 2019 | 38.33 | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.95 | 5.02 | 7.25 | 10 |
| 1970s | 8.06 | 6.67 | 10.43 | 10 |
| 1980s | 9.47 | 7.19 | 11.62 | 10 |
| 1990s | 13.91 | 9.45 | 16.88 | 10 |
| 2000s | 22.6 | 17.85 | 27.52 | 10 |
| 2010s | 30.36 | 20.98 | 38.33 | 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)
- 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 unit of GDP 0.2337 current US$ per US$ of GDP (2024)
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 38.33 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 38.33 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in New Zealand?
- The lowest recorded value was 5.02 in 1962.
- How does New Zealand rank for gross fixed capital formation, private sector, constant prices?
- New Zealand ranks 63rd 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 85.0%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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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.