NAAG Chapter 3A: Components of aggregate demand — Gross capital in New Zealand

New Zealand: NAAG Chapter 3A: Components of aggregate demand — Gross capital was -0.8339 Percentage points in 2024. ◆ Volatile

Latest (2024)
-0.8339 Percentage points
Change on year
up 55.4%
World rank
31st
of 33 countries
All-time high
7.44 Percentage points
in 1973
All-time low
-11.38 Percentage points
in 1975
Years of data
54
1971–2024

NAAG Chapter 3A: Components of aggregate demand — Gross capital in New Zealand, 1971–2024

-10-505197119972024

Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.

Analysis

In 2024, naag chapter 3a: components of aggregate demand — gross capital in New Zealand stood at -0.8339 Percentage points.

The figure is up 55.4% on the previous year and down 143.3% over ten years.

Over the whole period, naag chapter 3a: components of aggregate demand — gross capital in New Zealand peaked at 7.44 Percentage points in 1973 and was at its lowest, -11.38 Percentage points, in 1975.

New Zealand ranks 31st of 33 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

NAAG Chapter 3A: Components of aggregate demand — Gross capital in New Zealand, year by year

Annual values for NAAG Chapter 3A: Components of aggregate demand — Gross capital formation contribution to GDP growth in New Zealand, 1971 to 2024.
Year Percentage points Change
1971 1.76 Percentage points
1972 1.23 Percentage points -30.3%
1973 7.44 Percentage points +507.5%
1974 6.27 Percentage points -15.8%
1975 -11.38 Percentage points -281.5%
1976 1.37 Percentage points -112.0%
1977 -3.12 Percentage points -327.8%
1978 -3.75 Percentage points +20.0%
1979 2.86 Percentage points -176.3%
1980 -1.79 Percentage points -162.8%
1981 4.44 Percentage points -347.8%
1982 1.87 Percentage points -58.0%
1983 1.45 Percentage points -22.5%
1984 3.46 Percentage points +138.6%
1985 -1.2 Percentage points -134.7%
1986 -0.6055 Percentage points -49.5%
1987 -1.12 Percentage points +84.2%
1988 0.0005 Percentage points -100.0%
1989 2.95 Percentage points +572219.6%
1990 -1.93 Percentage points -165.6%
1991 -3.19 Percentage points +65.0%
1992 1.47 Percentage points -145.9%
1993 3.71 Percentage points +153.2%
1994 2.88 Percentage points -22.4%
1995 1.89 Percentage points -34.4%
1996 0.7339 Percentage points -61.2%
1997 0.2766 Percentage points -62.3%
1998 -1.04 Percentage points -477.0%
1999 3.2 Percentage points -406.8%
2000 -0.2661 Percentage points -108.3%
2001 1.85 Percentage points -797.1%
2002 1.63 Percentage points -12.1%
2003 3.26 Percentage points +100.2%
2004 2.16 Percentage points -33.8%
2005 1.05 Percentage points -51.4%
2006 -1.33 Percentage points -227.0%
2007 2.71 Percentage points -303.5%
2008 -1.86 Percentage points -168.6%
2009 -2.98 Percentage points +60.4%
2010 1.46 Percentage points -148.9%
2011 1.51 Percentage points +3.8%
2012 0.8617 Percentage points -43.1%
2013 1.53 Percentage points +77.5%
2014 1.92 Percentage points +25.8%
2015 0.421 Percentage points -78.1%
2016 0.7366 Percentage points +75.0%
2017 1.83 Percentage points +148.6%
2018 1 Percentage points -45.3%
2019 0.4428 Percentage points -55.8%
2020 -0.5601 Percentage points -226.5%
2021 2.6 Percentage points -563.6%
2022 1.38 Percentage points -46.9%
2023 -1.87 Percentage points -235.4%
2024 -0.8339 Percentage points -55.4%

New Zealand compared with similar countries

  • New Zealand's -0.8339 Percentage points is below the median for high income countries, which is 0.6699 Percentage points. (28 countries reporting)

Biggest year-on-year movements

Years where NAAG Chapter 3A: Components of aggregate demand — Gross capital 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
1989 +572219.6% 0.0005 Percentage points 2.95 Percentage points

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.2976 Percentage points -11.38 Percentage points 7.44 Percentage points 9
1980s 0.9455 Percentage points -1.79 Percentage points 4.44 Percentage points 10
1990s 0.7988 Percentage points -3.19 Percentage points 3.71 Percentage points 10
2000s 0.6229 Percentage points -2.98 Percentage points 3.26 Percentage points 10
2010s 1.17 Percentage points 0.421 Percentage points 1.92 Percentage points 10
2020s 0.1428 Percentage points -1.87 Percentage points 2.6 Percentage points 5

Countries ranked near New Zealand

  1. 28 Luxembourg -0.1846 Percentage points compare
  2. 29 Japan -0.2281 Percentage points compare
  3. 30 Greece -0.6462 Percentage points compare
  4. 32 Denmark -1.12 Percentage points compare
  5. 33 Norway -1.65 Percentage points compare

See the full ranking of 43 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is naag chapter 3a: components of aggregate demand — gross capital in New Zealand?
Naag chapter 3a: components of aggregate demand — gross capital in New Zealand was -0.8339 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 3a: components of aggregate demand — gross capital recorded in New Zealand?
The highest recorded value was 7.44 Percentage points in 1973.
What is the lowest naag chapter 3a: components of aggregate demand — gross capital recorded in New Zealand?
The lowest recorded value was -11.38 Percentage points in 1975.
How does New Zealand rank for naag chapter 3a: components of aggregate demand — gross capital?
New Zealand ranks 31st out of 33 countries with data for 2024.
Is naag chapter 3a: components of aggregate demand — gross capital rising or falling in New Zealand?
Over the last ten years it is down 143.3%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3A: Components of aggregate demand — Gross capital formation contribution to GDP growth. Statizoid updates them automatically from the source API.

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NAAG Chapter 3A: Components of aggregate demand — Gross capital in New Zealand. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/naag-chapter-3a-components-of-aggregate-demand-gross-capital-formation-contribution-to/new-zealand/

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About this data

Indicator
NAAG Chapter 3A: Components of aggregate demand — Gross capital formation contribution to GDP growth
Unit
Percentage points
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
43 places, 1,741 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.