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. β–Ό Falling

Latest (2024)
23.37 Percentage of GDP
Change on year
down 5.9%
World rank
17th
of 36 countries
All-time high
30.2 Percentage of GDP
in 1975
All-time low
17.66 Percentage of GDP
in 1991
Years of data
55
1970–2024

NAAG Chapter 3B: Gross fixed capital formation by asset type in New Zealand, 1970–2024

0102030197019972024

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 14 Mexico 23.76 Percentage of GDP compare
  2. 15 Austria 23.74 Percentage of GDP compare
  3. 16 Norway 23.38 Percentage of GDP compare
  4. 18 Denmark 22.96 Percentage of GDP compare
  5. 19 Canada 22.9 Percentage of GDP compare
  6. 20 OECD 22.62 Percentage of GDP compare

See the full ranking of 47 places β†’

More reference data data for New Zealand

All data for New Zealand β†’

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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NAAG Chapter 3B: Gross fixed capital formation by asset type in New Zealand. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/naag-chapter-3b-gross-fixed-capital-formation-by-asset-type/new-zealand/

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About this data

Indicator
NAAG Chapter 3B: Gross fixed capital formation by asset type
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 2,254 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.