Gross Fixed Capital Formation — Value US$ (US Value) in New Zealand
New Zealand: Gross Fixed Capital Formation — Value US$ (US Value) was 65,410 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in New Zealand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in New Zealand stood at 65,410 million USD. That is the highest value across all 55 years on record.
The figure is up 5.4% on the previous year and up 44.6% over ten years.
Over the whole period, gross fixed capital formation — value us$ in New Zealand peaked at 65,410 million USD in 2024 and was at its lowest, 1,520 million USD, in 1970.
That places New Zealand 52nd out of 235 countries with data for 2024, putting it 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$ (US Value) in New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,520 million USD | — |
| 1971 | 1,792 million USD | +17.9% |
| 1972 | 2,347 million USD | +31.0% |
| 1973 | 3,107 million USD | +32.3% |
| 1974 | 3,933 million USD | +26.6% |
| 1975 | 4,132 million USD | +5.0% |
| 1976 | 3,739 million USD | -9.5% |
| 1977 | 3,705 million USD | -0.9% |
| 1978 | 4,331 million USD | +16.9% |
| 1979 | 4,523 million USD | +4.4% |
| 1980 | 5,082 million USD | +12.4% |
| 1981 | 6,285 million USD | +23.7% |
| 1982 | 6,406 million USD | +1.9% |
| 1983 | 6,385 million USD | -0.3% |
| 1984 | 6,244 million USD | -2.2% |
| 1985 | 6,522 million USD | +4.5% |
| 1986 | 7,298 million USD | +11.9% |
| 1987 | 8,955 million USD | +22.7% |
| 1988 | 9,765 million USD | +9.0% |
| 1989 | 9,601 million USD | -1.7% |
| 1990 | 9,389 million USD | -2.2% |
| 1991 | 7,739 million USD | -17.6% |
| 1992 | 7,519 million USD | -2.9% |
| 1993 | 8,927 million USD | +18.7% |
| 1994 | 11,440 million USD | +28.1% |
| 1995 | 14,162 million USD | +23.8% |
| 1996 | 15,528 million USD | +9.6% |
| 1997 | 15,350 million USD | -1.1% |
| 1998 | 11,755 million USD | -23.4% |
| 1999 | 13,108 million USD | +11.5% |
| 2000 | 11,352 million USD | -13.4% |
| 2001 | 11,626 million USD | +2.4% |
| 2002 | 13,715 million USD | +18.0% |
| 2003 | 19,515 million USD | +42.3% |
| 2004 | 24,810 million USD | +27.1% |
| 2005 | 28,389 million USD | +14.4% |
| 2006 | 26,674 million USD | -6.0% |
| 2007 | 32,806 million USD | +23.0% |
| 2008 | 30,221 million USD | -7.9% |
| 2009 | 24,485 million USD | -19.0% |
| 2010 | 28,939 million USD | +18.2% |
| 2011 | 33,600 million USD | +16.1% |
| 2012 | 36,576 million USD | +8.9% |
| 2013 | 40,748 million USD | +11.4% |
| 2014 | 45,245 million USD | +11.0% |
| 2015 | 40,714 million USD | -10.0% |
| 2016 | 42,579 million USD | +4.6% |
| 2017 | 47,311 million USD | +11.1% |
| 2018 | 49,695 million USD | +5.0% |
| 2019 | 49,884 million USD | +0.4% |
| 2020 | 49,038 million USD | -1.7% |
| 2021 | 62,594 million USD | +27.6% |
| 2022 | 62,586 million USD | -0.0% |
| 2023 | 62,078 million USD | -0.8% |
| 2024 | 65,410 million USD | +5.4% |
New Zealand compared with similar countries
- New Zealand's 65,410 million USD is above the median for high income countries, which is 20,129 million USD, 3.2× the median. (73 countries reporting)
- New Zealand's 65,410 million USD is above the median for East Asia & Pacific, which is 3,348 million USD, 19.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,313 million USD | 1,520 million USD | 4,523 million USD | 10 |
| 1980s | 7,254 million USD | 5,082 million USD | 9,765 million USD | 10 |
| 1990s | 11,492 million USD | 7,519 million USD | 15,528 million USD | 10 |
| 2000s | 22,359 million USD | 11,352 million USD | 32,806 million USD | 10 |
| 2010s | 41,529 million USD | 28,939 million USD | 49,884 million USD | 10 |
| 2020s | 60,341 million USD | 49,038 million USD | 65,410 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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in New Zealand?
- Gross fixed capital formation — value us$ in New Zealand was 65,410 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in New Zealand?
- The highest recorded value was 65,410 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in New Zealand?
- The lowest recorded value was 1,520 million USD in 1970.
- How does New Zealand rank for gross fixed capital formation — value us$?
- New Zealand ranks 52nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in New Zealand?
- Over the last ten years it is up 44.6%. 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$. 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).