Gross Fixed Capital Formation in New Zealand decreased to 16989 NZD Million in the second quarter of 2022 from 17995 NZD Million in the first quarter of 2022. source: Statistics New Zealand
Gross Fixed Capital Formation in New Zealand averaged 9706.97 NZD Million from 1987 until 2022, reaching an all time high of 17995 NZD Million in the first quarter of 2022 and a record low of 4037 NZD Million in the second quarter of 1991. This page provides the latest reported value for - New Zealand Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Gross Fixed Capital Formation - values, historical data and charts - was last updated on September of 2022.
Gross Fixed Capital Formation in New Zealand is expected to be 16404.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Gross Fixed Capital Formation is projected to trend around 18512.00 NZD Million in 2023 and 18957.00 NZD Million in 2024, according to our econometric models.