Gross Fixed Capital Formation — Value Standard Local Currency, per in New Zealand
New Zealand: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.3839 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.3839 million SLC per square kilometre
Change on year
up 2.4%
World rank
146th
of 194 countries
All-time high
0.3839 million SLC per square kilometre
in 2023
All-time low
0.0052 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in New Zealand, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
New Zealand recorded 0.3839 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 103.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in New Zealand peaked at 0.3839 million SLC per square kilometre in 2023 and was at its lowest, 0.0052 million SLC per square kilometre, in 1970.
New Zealand ranks 146th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in New Zealand, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0052 million SLC per square kilometre | — |
| 1971 | 0.006 million SLC per square kilometre | +16.3% |
| 1972 | 0.0075 million SLC per square kilometre | +24.5% |
| 1973 | 0.0087 million SLC per square kilometre | +16.5% |
| 1974 | 0.0107 million SLC per square kilometre | +22.9% |
| 1975 | 0.0131 million SLC per square kilometre | +22.2% |
| 1976 | 0.0143 million SLC per square kilometre | +9.2% |
| 1977 | 0.0145 million SLC per square kilometre | +1.6% |
| 1978 | 0.0159 million SLC per square kilometre | +9.4% |
| 1979 | 0.0168 million SLC per square kilometre | +6.0% |
| 1980 | 0.0198 million SLC per square kilometre | +17.9% |
| 1981 | 0.0275 million SLC per square kilometre | +38.8% |
| 1982 | 0.0324 million SLC per square kilometre | +17.8% |
| 1983 | 0.0363 million SLC per square kilometre | +11.9% |
| 1984 | 0.0418 million SLC per square kilometre | +15.2% |
| 1985 | 0.0501 million SLC per square kilometre | +19.8% |
| 1986 | 0.053 million SLC per square kilometre | +5.8% |
| 1987 | 0.0576 million SLC per square kilometre | +8.7% |
| 1988 | 0.0566 million SLC per square kilometre | -1.8% |
| 1989 | 0.061 million SLC per square kilometre | +7.7% |
| 1990 | 0.0598 million SLC per square kilometre | -2.0% |
| 1991 | 0.051 million SLC per square kilometre | -14.8% |
| 1992 | 0.0532 million SLC per square kilometre | +4.3% |
| 1993 | 0.0627 million SLC per square kilometre | +18.0% |
| 1994 | 0.0733 million SLC per square kilometre | +16.8% |
| 1995 | 0.082 million SLC per square kilometre | +11.9% |
| 1996 | 0.0858 million SLC per square kilometre | +4.7% |
| 1997 | 0.0882 million SLC per square kilometre | +2.8% |
| 1998 | 0.0834 million SLC per square kilometre | -5.4% |
| 1999 | 0.0941 million SLC per square kilometre | +12.8% |
| 2000 | 0.0949 million SLC per square kilometre | +0.9% |
| 2001 | 0.105 million SLC per square kilometre | +10.7% |
| 2002 | 0.1126 million SLC per square kilometre | +7.2% |
| 2003 | 0.1276 million SLC per square kilometre | +13.3% |
| 2004 | 0.1422 million SLC per square kilometre | +11.4% |
| 2005 | 0.1531 million SLC per square kilometre | +7.7% |
| 2006 | 0.1562 million SLC per square kilometre | +2.0% |
| 2007 | 0.1695 million SLC per square kilometre | +8.5% |
| 2008 | 0.1633 million SLC per square kilometre | -3.7% |
| 2009 | 0.1489 million SLC per square kilometre | -8.8% |
| 2010 | 0.1525 million SLC per square kilometre | +2.5% |
| 2011 | 0.1615 million SLC per square kilometre | +5.9% |
| 2012 | 0.1715 million SLC per square kilometre | +6.1% |
| 2013 | 0.1887 million SLC per square kilometre | +10.1% |
| 2014 | 0.2071 million SLC per square kilometre | +9.8% |
| 2015 | 0.2217 million SLC per square kilometre | +7.0% |
| 2016 | 0.2323 million SLC per square kilometre | +4.8% |
| 2017 | 0.2529 million SLC per square kilometre | +8.9% |
| 2018 | 0.2728 million SLC per square kilometre | +7.9% |
| 2019 | 0.2876 million SLC per square kilometre | +5.4% |
| 2020 | 0.2872 million SLC per square kilometre | -0.1% |
| 2021 | 0.3361 million SLC per square kilometre | +17.0% |
| 2022 | 0.3749 million SLC per square kilometre | +11.5% |
| 2023 | 0.3839 million SLC per square kilometre | +2.4% |
New Zealand compared with similar countries
- New Zealand's 0.3839 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 16% of the median. (73 countries reporting)
- New Zealand's 0.3839 million SLC per square kilometre is below the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 17% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0112 million SLC per square kilometre | 0.0052 million SLC per square kilometre | 0.0168 million SLC per square kilometre | 10 |
| 1980s | 0.0436 million SLC per square kilometre | 0.0198 million SLC per square kilometre | 0.061 million SLC per square kilometre | 10 |
| 1990s | 0.0733 million SLC per square kilometre | 0.051 million SLC per square kilometre | 0.0941 million SLC per square kilometre | 10 |
| 2000s | 0.1373 million SLC per square kilometre | 0.0949 million SLC per square kilometre | 0.1695 million SLC per square kilometre | 10 |
| 2010s | 0.2149 million SLC per square kilometre | 0.1525 million SLC per square kilometre | 0.2876 million SLC per square kilometre | 10 |
| 2020s | 0.3455 million SLC per square kilometre | 0.2872 million SLC per square kilometre | 0.3839 million SLC per square kilometre | 4 |
Countries ranked near New Zealand
- 143 Tonga 0.4548 million SLC per square kilometre compare
- 144 Suriname 0.3996 million SLC per square kilometre compare
- 145 Ghana 0.3955 million SLC per square kilometre compare
- 147 Panama 0.3823 million SLC per square kilometre compare
- 148 Sierra Leone 0.375 million SLC per square kilometre compare
- 149 Tajikistan 0.3651 million SLC per square kilometre compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in New Zealand?
- Gross fixed capital formation — value standard local currency, per in New Zealand was 0.3839 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in New Zealand?
- The highest recorded value was 0.3839 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in New Zealand?
- The lowest recorded value was 0.0052 million SLC per square kilometre in 1970.
- How does New Zealand rank for gross fixed capital formation — value standard local currency, per?
- New Zealand ranks 146th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in New Zealand?
- Over the last ten years it is up 103.4%. 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, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency 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.