Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in New Zealand
New Zealand: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 77,625 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in New Zealand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in New Zealand stood at 77,625 million SLC. That is the highest value across all 55 years on record.
The figure is up 3.9% on the previous year and up 37.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in New Zealand peaked at 77,625 million SLC in 2024 and was at its lowest, 10,127 million SLC, in 1970.
New Zealand ranks 103rd 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
| Year | million SLC | Change |
|---|---|---|
| 1970 | 10,127 million SLC | — |
| 1971 | 11,522 million SLC | +13.8% |
| 1972 | 13,412 million SLC | +16.4% |
| 1973 | 14,616 million SLC | +9.0% |
| 1974 | 15,874 million SLC | +8.6% |
| 1975 | 15,262 million SLC | -3.9% |
| 1976 | 14,358 million SLC | -5.9% |
| 1977 | 12,683 million SLC | -11.7% |
| 1978 | 12,538 million SLC | -1.1% |
| 1979 | 11,603 million SLC | -7.5% |
| 1980 | 12,266 million SLC | +5.7% |
| 1981 | 14,534 million SLC | +18.5% |
| 1982 | 15,337 million SLC | +5.5% |
| 1983 | 16,880 million SLC | +10.1% |
| 1984 | 18,142 million SLC | +7.5% |
| 1985 | 19,714 million SLC | +8.7% |
| 1986 | 19,752 million SLC | +0.2% |
| 1987 | 20,749 million SLC | +5.0% |
| 1988 | 20,336 million SLC | -2.0% |
| 1989 | 21,374 million SLC | +5.1% |
| 1990 | 20,698 million SLC | -3.2% |
| 1991 | 17,533 million SLC | -15.3% |
| 1992 | 17,985 million SLC | +2.6% |
| 1993 | 21,028 million SLC | +16.9% |
| 1994 | 24,254 million SLC | +15.3% |
| 1995 | 26,887 million SLC | +10.9% |
| 1996 | 28,167 million SLC | +4.8% |
| 1997 | 28,556 million SLC | +1.4% |
| 1998 | 27,570 million SLC | -3.5% |
| 1999 | 30,475 million SLC | +10.5% |
| 2000 | 30,400 million SLC | -0.2% |
| 2001 | 32,940 million SLC | +8.4% |
| 2002 | 35,550 million SLC | +7.9% |
| 2003 | 40,658 million SLC | +14.4% |
| 2004 | 43,983 million SLC | +8.2% |
| 2005 | 46,505 million SLC | +5.7% |
| 2006 | 45,710 million SLC | -1.7% |
| 2007 | 49,264 million SLC | +7.8% |
| 2008 | 45,709 million SLC | -7.2% |
| 2009 | 41,133 million SLC | -10.0% |
| 2010 | 42,682 million SLC | +3.8% |
| 2011 | 45,250 million SLC | +6.0% |
| 2012 | 47,717 million SLC | +5.5% |
| 2013 | 52,251 million SLC | +9.5% |
| 2014 | 56,480 million SLC | +8.1% |
| 2015 | 58,383 million SLC | +3.4% |
| 2016 | 59,751 million SLC | +2.3% |
| 2017 | 63,763 million SLC | +6.7% |
| 2018 | 67,092 million SLC | +5.2% |
| 2019 | 68,923 million SLC | +2.7% |
| 2020 | 67,706 million SLC | -1.8% |
| 2021 | 74,634 million SLC | +10.2% |
| 2022 | 76,186 million SLC | +2.1% |
| 2023 | 74,685 million SLC | -2.0% |
| 2024 | 77,625 million SLC | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,200 million SLC | 10,127 million SLC | 15,874 million SLC | 10 |
| 1980s | 17,909 million SLC | 12,266 million SLC | 21,374 million SLC | 10 |
| 1990s | 24,315 million SLC | 17,533 million SLC | 30,475 million SLC | 10 |
| 2000s | 41,185 million SLC | 30,400 million SLC | 49,264 million SLC | 10 |
| 2010s | 56,229 million SLC | 42,682 million SLC | 68,923 million SLC | 10 |
| 2020s | 74,167 million SLC | 67,706 million SLC | 77,625 million SLC | 5 |
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 — value standard local currency, 2015 in New Zealand?
- Gross fixed capital formation — value standard local currency, 2015 in New Zealand was 77,625 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in New Zealand?
- The highest recorded value was 77,625 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in New Zealand?
- The lowest recorded value was 10,127 million SLC in 1970.
- How does New Zealand rank for gross fixed capital formation — value standard local currency, 2015?
- New Zealand ranks 103rd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in New Zealand?
- Over the last ten years it is up 37.4%. The long-run trend across the full record is volatile.
- 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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).