Gross fixed capital formation, Private sector, Current prices in New Zealand
New Zealand: Gross fixed capital formation, Private sector, Current prices was 57.53 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in New Zealand, 1962–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in New Zealand stood at 57.53. That is the highest value across all 58 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 111.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in New Zealand peaked at 57.53 in 2019 and was at its lowest, 0.5029, in 1962.
That places New Zealand 113th out of 174 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, Current prices in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 0.5029 | — |
| 1963 | 0.537 | +6.8% |
| 1964 | 0.62 | +15.5% |
| 1965 | 0.6983 | +12.6% |
| 1966 | 0.7853 | +12.5% |
| 1967 | 0.7692 | -2.1% |
| 1968 | 0.6968 | -9.4% |
| 1969 | 0.8427 | +20.9% |
| 1970 | 0.9962 | +18.2% |
| 1971 | 1.16 | +16.1% |
| 1972 | 1.36 | +17.7% |
| 1973 | 1.7 | +25.1% |
| 1974 | 2.05 | +20.6% |
| 1975 | 2.12 | +3.0% |
| 1976 | 2.65 | +25.4% |
| 1977 | 2.56 | -3.4% |
| 1978 | 2.61 | +2.1% |
| 1979 | 2.86 | +9.6% |
| 1980 | 3.63 | +26.6% |
| 1981 | 4.75 | +31.0% |
| 1982 | 5.92 | +24.6% |
| 1983 | 5.73 | -3.3% |
| 1984 | 7.64 | +33.4% |
| 1985 | 8.86 | +16.0% |
| 1986 | 9.17 | +3.5% |
| 1987 | 10.7 | +16.7% |
| 1988 | 10.68 | -0.2% |
| 1989 | 11.98 | +12.3% |
| 1990 | 11.98 | -0.0% |
| 1991 | 9.87 | -17.6% |
| 1992 | 10.85 | +9.9% |
| 1993 | 13.15 | +21.2% |
| 1994 | 15.6 | +18.6% |
| 1995 | 17.47 | +12.0% |
| 1996 | 18.56 | +6.3% |
| 1997 | 18.03 | -2.9% |
| 1998 | 16.85 | -6.6% |
| 1999 | 18.3 | +8.6% |
| 2000 | 20.95 | +14.4% |
| 2001 | 20.53 | -2.0% |
| 2002 | 21.44 | +4.5% |
| 2003 | 25.08 | +16.9% |
| 2004 | 28.11 | +12.1% |
| 2005 | 29.84 | +6.2% |
| 2006 | 30.94 | +3.7% |
| 2007 | 34.21 | +10.6% |
| 2008 | 32.94 | -3.7% |
| 2009 | 27.26 | -17.3% |
| 2010 | 27.19 | -0.2% |
| 2011 | 29.41 | +8.2% |
| 2012 | 33.21 | +12.9% |
| 2013 | 36.17 | +8.9% |
| 2014 | 40.51 | +12.0% |
| 2015 | 43.43 | +7.2% |
| 2016 | 46.73 | +7.6% |
| 2017 | 50.33 | +7.7% |
| 2018 | 54.12 | +7.5% |
| 2019 | 57.53 | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6815 | 0.5029 | 0.8427 | 8 |
| 1970s | 2.01 | 0.9962 | 2.86 | 10 |
| 1980s | 7.91 | 3.63 | 11.98 | 10 |
| 1990s | 15.07 | 9.87 | 18.56 | 10 |
| 2000s | 27.13 | 20.53 | 34.21 | 10 |
| 2010s | 41.86 | 27.19 | 57.53 | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 2.59 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9411 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 46,522 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.0126 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5156 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 25,486 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 1.35 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7802 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in New Zealand?
- Gross fixed capital formation, private sector, current prices in New Zealand was 57.53 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in New Zealand?
- The highest recorded value was 57.53 in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in New Zealand?
- The lowest recorded value was 0.5029 in 1962.
- How does New Zealand rank for gross fixed capital formation, private sector, current prices?
- New Zealand ranks 113th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in New Zealand?
- Over the last ten years it is up 111.1%. 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, Current prices, Domestic currency. 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.