Gross Fixed Capital Formation — Value US$, 2015 prices in New Zealand
New Zealand: Gross Fixed Capital Formation — Value US$, 2015 prices was 54,132 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in New Zealand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
New Zealand recorded 54,132 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.9% on the previous year and up 37.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in New Zealand peaked at 54,132 million USD in 2024 and was at its lowest, 7,062 million USD, in 1970.
New Zealand ranks 46th of 203 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 7,062 million USD | — |
| 1971 | 8,035 million USD | +13.8% |
| 1972 | 9,353 million USD | +16.4% |
| 1973 | 10,193 million USD | +9.0% |
| 1974 | 11,070 million USD | +8.6% |
| 1975 | 10,644 million USD | -3.9% |
| 1976 | 10,012 million USD | -5.9% |
| 1977 | 8,844 million USD | -11.7% |
| 1978 | 8,744 million USD | -1.1% |
| 1979 | 8,091 million USD | -7.5% |
| 1980 | 8,554 million USD | +5.7% |
| 1981 | 10,136 million USD | +18.5% |
| 1982 | 10,696 million USD | +5.5% |
| 1983 | 11,772 million USD | +10.1% |
| 1984 | 12,651 million USD | +7.5% |
| 1985 | 13,748 million USD | +8.7% |
| 1986 | 13,774 million USD | +0.2% |
| 1987 | 14,470 million USD | +5.0% |
| 1988 | 14,182 million USD | -2.0% |
| 1989 | 14,906 million USD | +5.1% |
| 1990 | 14,434 million USD | -3.2% |
| 1991 | 12,227 million USD | -15.3% |
| 1992 | 12,542 million USD | +2.6% |
| 1993 | 14,664 million USD | +16.9% |
| 1994 | 16,914 million USD | +15.3% |
| 1995 | 18,750 million USD | +10.9% |
| 1996 | 19,642 million USD | +4.8% |
| 1997 | 19,914 million USD | +1.4% |
| 1998 | 19,226 million USD | -3.5% |
| 1999 | 21,252 million USD | +10.5% |
| 2000 | 21,200 million USD | -0.2% |
| 2001 | 22,971 million USD | +8.4% |
| 2002 | 24,791 million USD | +7.9% |
| 2003 | 28,354 million USD | +14.4% |
| 2004 | 30,672 million USD | +8.2% |
| 2005 | 32,431 million USD | +5.7% |
| 2006 | 31,876 million USD | -1.7% |
| 2007 | 34,355 million USD | +7.8% |
| 2008 | 31,876 million USD | -7.2% |
| 2009 | 28,684 million USD | -10.0% |
| 2010 | 29,764 million USD | +3.8% |
| 2011 | 31,556 million USD | +6.0% |
| 2012 | 33,276 million USD | +5.5% |
| 2013 | 36,438 million USD | +9.5% |
| 2014 | 39,387 million USD | +8.1% |
| 2015 | 40,714 million USD | +3.4% |
| 2016 | 41,668 million USD | +2.3% |
| 2017 | 44,466 million USD | +6.7% |
| 2018 | 46,787 million USD | +5.2% |
| 2019 | 48,064 million USD | +2.7% |
| 2020 | 47,216 million USD | -1.8% |
| 2021 | 52,047 million USD | +10.2% |
| 2022 | 53,130 million USD | +2.1% |
| 2023 | 52,082 million USD | -2.0% |
| 2024 | 54,132 million USD | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,205 million USD | 7,062 million USD | 11,070 million USD | 10 |
| 1980s | 12,489 million USD | 8,554 million USD | 14,906 million USD | 10 |
| 1990s | 16,956 million USD | 12,227 million USD | 21,252 million USD | 10 |
| 2000s | 28,721 million USD | 21,200 million USD | 34,355 million USD | 10 |
| 2010s | 39,212 million USD | 29,764 million USD | 48,064 million USD | 10 |
| 2020s | 51,722 million USD | 47,216 million USD | 54,132 million USD | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.08 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.49 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 73,604 current LCU per person (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -0.7477 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.768 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 37,966 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -0.7477 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.26 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in New Zealand?
- Gross fixed capital formation — value us$, 2015 prices in New Zealand was 54,132 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in New Zealand?
- The highest recorded value was 54,132 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in New Zealand?
- The lowest recorded value was 7,062 million USD in 1970.
- How does New Zealand rank for gross fixed capital formation — value us$, 2015 prices?
- New Zealand ranks 46th out of 203 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).