Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in New Zealand

New Zealand: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 3.94 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.94 % change on previous year
Change on year
up 299.7%
World rank
83rd
of 235 countries
All-time high
18.49 % change on previous year
in 1981
All-time low
-15.29 % change on previous year
in 1991
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in New Zealand, 1971–2024

-20-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value us$, 2015 prices, annual growth in New Zealand is 3.94 % change on previous year, measured in 2024.

The figure is up 299.7% on the previous year and down 51.4% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in New Zealand peaked at 18.49 % change on previous year in 1981 and was at its lowest, -15.29 % change on previous year, in 1991.

That places New Zealand 83rd out of 235 countries with data for 2024, 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 — Value US$, 2015 prices, annual growth in New Zealand, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate in New Zealand, 1971 to 2024.
Year % change on previous year Change
1971 13.78 % change on previous year
1972 16.4 % change on previous year +19.1%
1973 8.98 % change on previous year -45.2%
1974 8.6 % change on previous year -4.2%
1975 -3.85 % change on previous year -144.8%
1976 -5.93 % change on previous year +53.9%
1977 -11.67 % change on previous year +96.8%
1978 -1.14 % change on previous year -90.2%
1979 -7.46 % change on previous year +555.8%
1980 5.72 % change on previous year -176.7%
1981 18.49 % change on previous year +223.2%
1982 5.52 % change on previous year -70.1%
1983 10.06 % change on previous year +82.2%
1984 7.47 % change on previous year -25.7%
1985 8.67 % change on previous year +16.0%
1986 0.1913 % change on previous year -97.8%
1987 5.05 % change on previous year +2538.3%
1988 -1.99 % change on previous year -139.4%
1989 5.1 % change on previous year -356.7%
1990 -3.17 % change on previous year -162.1%
1991 -15.29 % change on previous year +382.9%
1992 2.58 % change on previous year -116.9%
1993 16.92 % change on previous year +555.9%
1994 15.34 % change on previous year -9.3%
1995 10.86 % change on previous year -29.2%
1996 4.76 % change on previous year -56.1%
1997 1.38 % change on previous year -71.0%
1998 -3.45 % change on previous year -349.9%
1999 10.54 % change on previous year -405.1%
2000 -0.248 % change on previous year -102.4%
2001 8.36 % change on previous year -3470.0%
2002 7.92 % change on previous year -5.2%
2003 14.37 % change on previous year +81.4%
2004 8.18 % change on previous year -43.1%
2005 5.74 % change on previous year -29.9%
2006 -1.71 % change on previous year -129.8%
2007 7.78 % change on previous year -554.6%
2008 -7.22 % change on previous year -192.8%
2009 -10.01 % change on previous year +38.7%
2010 3.77 % change on previous year -137.6%
2011 6.02 % change on previous year +59.8%
2012 5.45 % change on previous year -9.4%
2013 9.5 % change on previous year +74.3%
2014 8.1 % change on previous year -14.8%
2015 3.37 % change on previous year -58.4%
2016 2.34 % change on previous year -30.4%
2017 6.71 % change on previous year +186.5%
2018 5.22 % change on previous year -22.2%
2019 2.73 % change on previous year -47.7%
2020 -1.76 % change on previous year -164.6%
2021 10.23 % change on previous year -679.9%
2022 2.08 % change on previous year -79.7%
2023 -1.97 % change on previous year -194.8%
2024 3.94 % change on previous year -299.7%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 +3470.0% -0.248 % change on previous year 8.36 % change on previous year
1987 +2538.3% 0.1913 % change on previous year 5.05 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.97 % change on previous year -11.67 % change on previous year 16.4 % change on previous year 9
1980s 6.43 % change on previous year -1.99 % change on previous year 18.49 % change on previous year 10
1990s 4.05 % change on previous year -15.29 % change on previous year 16.92 % change on previous year 10
2000s 3.31 % change on previous year -10.01 % change on previous year 14.37 % change on previous year 10
2010s 5.32 % change on previous year 2.34 % change on previous year 9.5 % change on previous year 10
2020s 2.5 % change on previous year -1.97 % change on previous year 10.23 % change on previous year 5

Countries ranked near New Zealand

  1. 80 Myanmar 4.07 % change on previous year compare
  2. 81 China, mainland 4.06 % change on previous year compare
  3. 82 Republic of Korea 4 % change on previous year compare
  4. 84 Kuwait 3.92 % change on previous year compare
  5. 85 Turkey 3.87 % change on previous year compare
  6. 85 Türkiye 3.87 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices, annual growth in New Zealand?
Gross fixed capital formation — value us$, 2015 prices, annual growth in New Zealand was 3.94 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in New Zealand?
The highest recorded value was 18.49 % change on previous year in 1981.
What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in New Zealand?
The lowest recorded value was -15.29 % change on previous year in 1991.
How does New Zealand rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
New Zealand ranks 83rd out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in New Zealand?
Over the last ten years it is down 51.4%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices-annual-growth-rate/new-zealand/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.