Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Zealand

New Zealand: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 24.37 % in 2024. ▲ Rising

Latest (2024)
24.37 %
Change on year
up 4.1%
World rank
83rd
of 203 countries
All-time high
24.37 %
in 2024
All-time low
11.17 %
in 1979
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Zealand, 1970–2024

0510152025197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, gross fixed capital formation — share of gdp us$, 2015 prices in New Zealand stood at 24.37 %. That is the highest value across all 55 years on record.

That represents a change of up 4.1% on the previous year and up 5.7% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in New Zealand peaked at 24.37 % in 2024 and was at its lowest, 11.17 %, in 1979.

New Zealand ranks 83rd of 203 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Zealand, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Zealand, 1970 to 2024.
Year % Change
1970 11.87 %
1971 13.02 % +9.6%
1972 14.41 % +10.7%
1973 14.57 % +1.1%
1974 14.93 % +2.5%
1975 14.61 % -2.2%
1976 13.62 % -6.8%
1977 12.52 % -8.0%
1978 12.34 % -1.5%
1979 11.17 % -9.4%
1980 11.66 % +4.4%
1981 13.2 % +13.2%
1982 13.81 % +4.5%
1983 14.68 % +6.3%
1984 15.06 % +2.6%
1985 16.1 % +6.9%
1986 16.74 % +3.9%
1987 17.27 % +3.2%
1988 16.57 % -4.0%
1989 17.34 % +4.6%
1990 16.68 % -3.8%
1991 14.36 % -13.9%
1992 14.54 % +1.3%
1993 15.97 % +9.8%
1994 17.4 % +9.0%
1995 18.56 % +6.6%
1996 18.8 % +1.3%
1997 18.48 % -1.7%
1998 17.62 % -4.6%
1999 18.52 % +5.1%
2000 18.06 % -2.5%
2001 18.84 % +4.3%
2002 19.35 % +2.7%
2003 21.15 % +9.3%
2004 22.16 % +4.8%
2005 22.71 % +2.5%
2006 21.82 % -3.9%
2007 22.65 % +3.8%
2008 21.38 % -5.6%
2009 18.86 % -11.8%
2010 19.39 % +2.8%
2011 20.03 % +3.3%
2012 20.59 % +2.8%
2013 22.1 % +7.3%
2014 23.05 % +4.3%
2015 22.86 % -0.8%
2016 22.53 % -1.4%
2017 23.05 % +2.3%
2018 23.35 % +1.3%
2019 23.41 % +0.2%
2020 22.98 % -1.8%
2021 24.2 % +5.3%
2022 24.06 % -0.6%
2023 23.42 % -2.7%
2024 24.37 % +4.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.31 % 11.17 % 14.93 % 10
1980s 15.24 % 11.66 % 17.34 % 10
1990s 17.09 % 14.36 % 18.8 % 10
2000s 20.7 % 18.06 % 22.71 % 10
2010s 22.04 % 19.39 % 23.41 % 10
2020s 23.81 % 22.98 % 24.37 % 5

Countries ranked near New Zealand

  1. 80 North Macedonia 24.53 % compare
  2. 81 Uganda 24.48 % compare
  3. 82 Sri Lanka 24.42 % compare
  4. 84 Honduras 24.37 % compare
  5. 85 Palestine, State of 24.34 % compare
  6. 86 Naoero 24.31 % compare

See the full ranking of 251 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$, 2015 prices in New Zealand?
Gross fixed capital formation — share of gdp us$, 2015 prices in New Zealand was 24.37 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in New Zealand?
The highest recorded value was 24.37 % in 2024.
What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in New Zealand?
The lowest recorded value was 11.17 % in 1979.
How does New Zealand rank for gross fixed capital formation — share of gdp us$, 2015 prices?
New Zealand ranks 83rd out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in New Zealand?
Over the last ten years it is up 5.7%. 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 — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us-2015-prices/new-zealand/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).