Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — New Zealand

Gross capital formation (% of GDP) in New Zealand in 2024 — 23.1%. Ranked 87 in the world out of 169. Since 1970, the indicator has fallen by 1.2 pp.

2024 23.1% −1 pp vs 2023
World rank 87of 169
Period maximum 35%1974
Period minimum 17.5%1991

Trend over time

1970–2024 · % of GDP

Gross capital formation (% of GDP) — New Zealand, 1970–202415202530354019701976198219881994200020062012201820241970: 24.3%1971: 24.4%1972: 23.9%1973: 27.2%1974: 35%1975: 27.7%1976: 27.3%1977: 25.3%1978: 22.2%1979: 23.7%1980: 21.5%1981: 25.3%1982: 26.5%1983: 26.9%1984: 29%1985: 27%1986: 25.1%1987: 22.6%1988: 21.1%1989: 23.4%1990: 20.5%1991: 17.5%1992: 18.7%1993: 21.2%1994: 22.6%1995: 23.7%1996: 23.1%1997: 22.9%1998: 20.8%1999: 23.2%2000: 22%2001: 23%2002: 22.7%2003: 24.1%2004: 25.3%2005: 25.4%2006: 23.8%2007: 24.8%2008: 22.9%2009: 19.9%2010: 20.4%2011: 20.7%2012: 21.3%2013: 22.2%2014: 23.1%2015: 23.3%2016: 23.3%2017: 23.9%2018: 24.2%2019: 23.9%2020: 23.3%2021: 25.2%2022: 26.4%2023: 24.1%2024: 23.1%
Change over the period: −1.2 pp Annual average: -0.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: New Zealand

New Zealand 23.1%
World 26.3%
Australia and New Zealand computed 24.2%
High-income countries computed 22.6%
Gross capital formation (% of GDP) — New Zealand, by year New Zealand All countries CSV XLSX
Year % Change, pp
2024 23.1 −1 pp
2023 24.1 −2.3 pp
2022 26.4 +1.2 pp
2021 25.2 +2 pp
2020 23.3 −0.7 pp
2019 23.9 −0.2 pp
2018 24.2 +0.3 pp
2017 23.9 +0.6 pp
2016 23.3 +0 pp
2015 23.3 +0.2 pp
2014 23.1 +0.9 pp
2013 22.2 +0.9 pp
2012 21.3 +0.6 pp
2011 20.7 +0.3 pp
2010 20.4 +0.4 pp
2009 19.9 −3 pp
2008 22.9 −1.9 pp
2007 24.8 +1 pp
2006 23.8 −1.7 pp
2005 25.4 +0.1 pp
2004 25.3 +1.2 pp
2003 24.1 +1.4 pp
2002 22.7 −0.2 pp
2001 23 +0.9 pp
2000 22 −1.2 pp
1999 23.2 +2.4 pp
1998 20.8 −2.1 pp
1997 22.9 −0.2 pp
1996 23.1 −0.5 pp
1995 23.7 +1.1 pp
1994 22.6 +1.4 pp
1993 21.2 +2.6 pp
1992 18.7 +1.1 pp
1991 17.5 −2.9 pp
1990 20.5 −2.9 pp
1989 23.4 +2.3 pp
1988 21.1 −1.5 pp
1987 22.6 −2.5 pp
1986 25.1 −1.9 pp
1985 27 −2 pp
1984 29 +2.2 pp
1983 26.9 +0.4 pp
1982 26.5 +1.2 pp
1981 25.3 +3.7 pp
1980 21.5 −2.1 pp
1979 23.7 +1.5 pp
1978 22.2 −3.1 pp
1977 25.3 −2.1 pp
1976 27.3 −0.4 pp
1975 27.7 −7.3 pp
1974 35 +7.8 pp
1973 27.2 +3.3 pp
1972 23.9 −0.5 pp
1971 24.4 +0.1 pp
1970 24.3

Australia and New Zealand, 2024

The same indicator for neighboring countries — with links to their pages

AU Australia 24.3 NZ New Zealand 23.1

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.