Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in New Zealand

New Zealand: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.2836 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
0.2836 million SLC per square kilometre
Change on year
down 2.0%
World rank
145th
of 194 countries
All-time high
0.2893 million SLC per square kilometre
in 2022
All-time low
0.0385 million SLC per square kilometre
in 1970
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in New Zealand, 1970–2023

00.10.20.3197019962023

Source: Statizoid (derived). Measured in million SLC per square kilometre.

Analysis

In 2023, gross fixed capital formation — value standard local currency, 2015 in New Zealand stood at 0.2836 million SLC per square kilometre.

The figure is down 2.0% on the previous year and up 42.9% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in New Zealand peaked at 0.2893 million SLC per square kilometre in 2022 and was at its lowest, 0.0385 million SLC per square kilometre, in 1970.

New Zealand ranks 145th of 194 countries on this measure, 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 — Value Standard Local Currency, 2015 in New Zealand, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre in New Zealand, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.0385 million SLC per square kilometre
1971 0.0438 million SLC per square kilometre +13.8%
1972 0.0509 million SLC per square kilometre +16.4%
1973 0.0555 million SLC per square kilometre +9.0%
1974 0.0603 million SLC per square kilometre +8.6%
1975 0.058 million SLC per square kilometre -3.9%
1976 0.0545 million SLC per square kilometre -5.9%
1977 0.0482 million SLC per square kilometre -11.7%
1978 0.0476 million SLC per square kilometre -1.1%
1979 0.0441 million SLC per square kilometre -7.5%
1980 0.0466 million SLC per square kilometre +5.7%
1981 0.0552 million SLC per square kilometre +18.5%
1982 0.0582 million SLC per square kilometre +5.5%
1983 0.0641 million SLC per square kilometre +10.1%
1984 0.0689 million SLC per square kilometre +7.5%
1985 0.0749 million SLC per square kilometre +8.7%
1986 0.075 million SLC per square kilometre +0.2%
1987 0.0788 million SLC per square kilometre +5.0%
1988 0.0772 million SLC per square kilometre -2.0%
1989 0.0812 million SLC per square kilometre +5.1%
1990 0.0786 million SLC per square kilometre -3.2%
1991 0.0666 million SLC per square kilometre -15.3%
1992 0.0683 million SLC per square kilometre +2.6%
1993 0.0799 million SLC per square kilometre +16.9%
1994 0.0921 million SLC per square kilometre +15.3%
1995 0.1021 million SLC per square kilometre +10.9%
1996 0.107 million SLC per square kilometre +4.8%
1997 0.1085 million SLC per square kilometre +1.4%
1998 0.1047 million SLC per square kilometre -3.5%
1999 0.1157 million SLC per square kilometre +10.5%
2000 0.1155 million SLC per square kilometre -0.2%
2001 0.1251 million SLC per square kilometre +8.4%
2002 0.135 million SLC per square kilometre +7.9%
2003 0.1544 million SLC per square kilometre +14.4%
2004 0.167 million SLC per square kilometre +8.2%
2005 0.1766 million SLC per square kilometre +5.7%
2006 0.1736 million SLC per square kilometre -1.7%
2007 0.1871 million SLC per square kilometre +7.8%
2008 0.1736 million SLC per square kilometre -7.2%
2009 0.1562 million SLC per square kilometre -10.0%
2010 0.1621 million SLC per square kilometre +3.8%
2011 0.1719 million SLC per square kilometre +6.0%
2012 0.1812 million SLC per square kilometre +5.5%
2013 0.1984 million SLC per square kilometre +9.5%
2014 0.2145 million SLC per square kilometre +8.1%
2015 0.2217 million SLC per square kilometre +3.4%
2016 0.2269 million SLC per square kilometre +2.3%
2017 0.2422 million SLC per square kilometre +6.7%
2018 0.2548 million SLC per square kilometre +5.2%
2019 0.2618 million SLC per square kilometre +2.7%
2020 0.2571 million SLC per square kilometre -1.8%
2021 0.2834 million SLC per square kilometre +10.2%
2022 0.2893 million SLC per square kilometre +2.1%
2023 0.2836 million SLC per square kilometre -2.0%

New Zealand compared with similar countries

  • New Zealand's 0.2836 million SLC per square kilometre is below the median for high income countries, which is 1.92 million SLC per square kilometre, 15% of the median. (73 countries reporting)
  • New Zealand's 0.2836 million SLC per square kilometre is below the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 18% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0501 million SLC per square kilometre 0.0385 million SLC per square kilometre 0.0603 million SLC per square kilometre 10
1980s 0.068 million SLC per square kilometre 0.0466 million SLC per square kilometre 0.0812 million SLC per square kilometre 10
1990s 0.0923 million SLC per square kilometre 0.0666 million SLC per square kilometre 0.1157 million SLC per square kilometre 10
2000s 0.1564 million SLC per square kilometre 0.1155 million SLC per square kilometre 0.1871 million SLC per square kilometre 10
2010s 0.2135 million SLC per square kilometre 0.1621 million SLC per square kilometre 0.2618 million SLC per square kilometre 10
2020s 0.2784 million SLC per square kilometre 0.2571 million SLC per square kilometre 0.2893 million SLC per square kilometre 4

Countries ranked near New Zealand

  1. 142 Lesotho 0.3088 million SLC per square kilometre compare
  2. 143 Afghanistan 0.2954 million SLC per square kilometre compare
  3. 144 El Salvador 0.2867 million SLC per square kilometre compare
  4. 146 Mozambique 0.2802 million SLC per square kilometre compare
  5. 147 Tajikistan 0.2542 million SLC per square kilometre compare
  6. 148 Greece 0.2437 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in New Zealand?
Gross fixed capital formation — value standard local currency, 2015 in New Zealand was 0.2836 million SLC per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in New Zealand?
The highest recorded value was 0.2893 million SLC per square kilometre in 2022.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in New Zealand?
The lowest recorded value was 0.0385 million SLC per square kilometre in 1970.
How does New Zealand rank for gross fixed capital formation — value standard local currency, 2015?
New Zealand ranks 145th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in New Zealand?
Over the last ten years it is up 42.9%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/new-zealand/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.