NAAG Chapter 3B: Gross fixed capital formation by asset type in New Zealand
New Zealand: NAAG Chapter 3B: Gross fixed capital formation by asset type was 23.37 Percentage of GDP in 2024. ▼ Falling
NAAG Chapter 3B: Gross fixed capital formation by asset type in New Zealand, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, naag chapter 3b: gross fixed capital formation by asset type in New Zealand stood at 23.37 Percentage of GDP.
Compared with earlier readings it is down 5.9% on the previous year and up 3.4% over ten years.
Over the whole period, naag chapter 3b: gross fixed capital formation by asset type in New Zealand peaked at 30.2 Percentage of GDP in 1975 and was at its lowest, 17.66 Percentage of GDP, in 1991.
That places New Zealand 17th out of 36 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
NAAG Chapter 3B: Gross fixed capital formation by asset type in New Zealand, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1970 | 23.4 Percentage of GDP | — |
| 1971 | 23.02 Percentage of GDP | -1.6% |
| 1972 | 24.95 Percentage of GDP | +8.4% |
| 1973 | 24.88 Percentage of GDP | -0.3% |
| 1974 | 27.83 Percentage of GDP | +11.9% |
| 1975 | 30.2 Percentage of GDP | +8.5% |
| 1976 | 26.91 Percentage of GDP | -10.9% |
| 1977 | 24.4 Percentage of GDP | -9.3% |
| 1978 | 23.56 Percentage of GDP | -3.5% |
| 1979 | 21.39 Percentage of GDP | -9.2% |
| 1980 | 21.66 Percentage of GDP | +1.3% |
| 1981 | 24.7 Percentage of GDP | +14.0% |
| 1982 | 25.73 Percentage of GDP | +4.2% |
| 1983 | 25.84 Percentage of GDP | +0.4% |
| 1984 | 26.36 Percentage of GDP | +2.0% |
| 1985 | 27.35 Percentage of GDP | +3.8% |
| 1986 | 24.09 Percentage of GDP | -11.9% |
| 1987 | 23.26 Percentage of GDP | -3.4% |
| 1988 | 21.25 Percentage of GDP | -8.6% |
| 1989 | 21.63 Percentage of GDP | +1.8% |
| 1990 | 20.67 Percentage of GDP | -4.4% |
| 1991 | 17.66 Percentage of GDP | -14.6% |
| 1992 | 17.87 Percentage of GDP | +1.2% |
| 1993 | 19.53 Percentage of GDP | +9.3% |
| 1994 | 21.29 Percentage of GDP | +9.0% |
| 1995 | 22.43 Percentage of GDP | +5.3% |
| 1996 | 22.34 Percentage of GDP | -0.4% |
| 1997 | 22.15 Percentage of GDP | -0.9% |
| 1998 | 20.56 Percentage of GDP | -7.2% |
| 1999 | 21.88 Percentage of GDP | +6.4% |
| 2000 | 20.85 Percentage of GDP | -4.7% |
| 2001 | 21.49 Percentage of GDP | +3.1% |
| 2002 | 21.94 Percentage of GDP | +2.1% |
| 2003 | 23.26 Percentage of GDP | +6.0% |
| 2004 | 24.22 Percentage of GDP | +4.1% |
| 2005 | 24.75 Percentage of GDP | +2.2% |
| 2006 | 23.91 Percentage of GDP | -3.4% |
| 2007 | 23.91 Percentage of GDP | -0.0% |
| 2008 | 22.88 Percentage of GDP | -4.3% |
| 2009 | 20.36 Percentage of GDP | -11.0% |
| 2010 | 19.95 Percentage of GDP | -2.0% |
| 2011 | 20.07 Percentage of GDP | +0.6% |
| 2012 | 20.95 Percentage of GDP | +4.4% |
| 2013 | 21.44 Percentage of GDP | +2.3% |
| 2014 | 22.62 Percentage of GDP | +5.5% |
| 2015 | 23 Percentage of GDP | +1.7% |
| 2016 | 22.74 Percentage of GDP | -1.1% |
| 2017 | 23.12 Percentage of GDP | +1.6% |
| 2018 | 23.69 Percentage of GDP | +2.5% |
| 2019 | 23.67 Percentage of GDP | -0.1% |
| 2020 | 23.38 Percentage of GDP | -1.2% |
| 2021 | 24.73 Percentage of GDP | +5.8% |
| 2022 | 25.54 Percentage of GDP | +3.3% |
| 2023 | 24.85 Percentage of GDP | -2.7% |
| 2024 | 23.37 Percentage of GDP | -5.9% |
New Zealand compared with similar countries
- New Zealand's 23.37 Percentage of GDP is above the median for high income countries, which is 22.93 Percentage of GDP, 1.0× the median. (28 countries reporting)
- New Zealand's 23.37 Percentage of GDP is below the median for East Asia & Pacific, which is 27.81 Percentage of GDP, 84% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.05 Percentage of GDP | 21.39 Percentage of GDP | 30.2 Percentage of GDP | 10 |
| 1980s | 24.19 Percentage of GDP | 21.25 Percentage of GDP | 27.35 Percentage of GDP | 10 |
| 1990s | 20.64 Percentage of GDP | 17.66 Percentage of GDP | 22.43 Percentage of GDP | 10 |
| 2000s | 22.76 Percentage of GDP | 20.36 Percentage of GDP | 24.75 Percentage of GDP | 10 |
| 2010s | 22.13 Percentage of GDP | 19.95 Percentage of GDP | 23.69 Percentage of GDP | 10 |
| 2020s | 24.37 Percentage of GDP | 23.37 Percentage of GDP | 25.54 Percentage of GDP | 5 |
Countries ranked near New Zealand
More reference data data for New Zealand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4532 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 9.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0459 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.93 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.52 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 42.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 47.53 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2499 (2050)
Frequently asked questions
- What is naag chapter 3b: gross fixed capital formation by asset type in New Zealand?
- Naag chapter 3b: gross fixed capital formation by asset type in New Zealand was 23.37 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3b: gross fixed capital formation by asset type recorded in New Zealand?
- The highest recorded value was 30.2 Percentage of GDP in 1975.
- What is the lowest naag chapter 3b: gross fixed capital formation by asset type recorded in New Zealand?
- The lowest recorded value was 17.66 Percentage of GDP in 1991.
- How does New Zealand rank for naag chapter 3b: gross fixed capital formation by asset type?
- New Zealand ranks 17th out of 36 countries with data for 2024.
- Is naag chapter 3b: gross fixed capital formation by asset type rising or falling in New Zealand?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is falling.
- 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 3B: Gross fixed capital formation by asset type. Statizoid updates them automatically from the source API.
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About this data
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.