Gross Fixed Capital Formation in New Zealand decreased to 16145 NZD Million in the fourth quarter of 2020 from 16315 NZD Million in the third quarter of 2020. source: Statistics New Zealand

Gross Fixed Capital Formation in New Zealand averaged 9370.49 NZD Million from 1987 until 2020, reaching an all time high of 16632 NZD Million in the first quarter of 2019 and a record low of 4056 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 May of 2021.

Gross Fixed Capital Formation in New Zealand is expected to be 16559.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in New Zealand to stand at 16791.00 in 12 months time. In the long-term, the New Zealand Gross Fixed Capital Formation is projected to trend around 17462.00 NZD Million in 2022 and 17951.00 NZD Million in 2023, according to our econometric models.

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New Zealand Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
16145.00 16315.00 16632.00 4056.00 1987 - 2020 NZD Million Quarterly
Constant Prices, SA

New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.00 13.90 13.90 -12.20 percent [+]
GDP Annual Growth Rate -0.90 0.20 7.30 -11.40 percent [+]
GDP 206.93 207.92 207.92 5.18 USD Billion [+]
GDP Constant Prices 66927.00 68502.00 68502.00 26743.00 NZD Million [+]
Gross National Product 70431.00 70256.00 70431.00 25073.00 NZD Million [+]
Gross Fixed Capital Formation 16145.00 16315.00 16632.00 4056.00 NZD Million [+]
GDP per capita 38993.00 38763.60 38993.00 19988.50 USD [+]
GDP per capita PPP 42887.52 42635.22 42887.52 26022.60 USD [+]
GDP From Agriculture 3208.00 3197.00 3388.00 1762.00 NZD Million [+]
GDP From Construction 4116.00 4576.00 4576.00 1108.00 NZD Million [+]
GDP From Manufacturing 6188.00 6242.00 6242.00 3920.00 NZD Million [+]
GDP From Mining 633.00 622.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 3044.00 3018.00 3044.00 1312.00 NZD Million [+]
GDP From Services 43181.00 43084.00 43337.00 16826.00 NZD Million [+]
GDP From Transport 2069.00 1854.00 2801.00 941.00 NZD Million [+]
GDP From Utilities 1752.00 1714.00 1752.00 1040.00 NZD Million [+]