Gross Fixed Capital Formation in New Zealand increased to 16315 NZD Million in the third quarter of 2020 from 12368 NZD Million in the second quarter of 2020. source: Statistics New Zealand

Gross Fixed Capital Formation in New Zealand averaged 9300.51 NZD Million from 1987 until 2020, reaching an all time high of 16315 NZD Million in the third quarter of 2020 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 January of 2021.

Gross Fixed Capital Formation in New Zealand is expected to be 16189.00 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 16641.00 in 12 months time. In the long-term, the New Zealand Gross Fixed Capital Formation is projected to trend around 16837.00 NZD Million in 2021 and 17308.00 NZD Million in 2022, according to our econometric models.

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New Zealand Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
16315.00 12368.00 16315.00 4056.00 1987 - 2020 NZD Million Quarterly
Constant Prices, SA

New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate 14.00 -12.20 14.00 -12.20 percent [+]
GDP Annual Growth Rate 0.40 -12.40 7.30 -12.40 percent [+]
GDP 206.93 207.92 207.92 5.18 USD Billion [+]
GDP Constant Prices 68502.00 57534.00 68502.00 26743.00 NZD Million [+]
Gross National Product 70256.00 58711.00 70256.00 25073.00 NZD Million [+]
Gross Fixed Capital Formation 16315.00 12368.00 16315.00 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 3197.00 3265.00 3411.00 1762.00 NZD Million [+]
GDP From Construction 4576.00 2911.00 4576.00 1108.00 NZD Million [+]
GDP From Manufacturing 6242.00 5177.00 6242.00 3920.00 NZD Million [+]
GDP From Mining 622.00 499.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 3018.00 2841.00 3018.00 1312.00 NZD Million [+]
GDP From Services 43084.00 37700.00 43084.00 16826.00 NZD Million [+]
GDP From Transport 1854.00 1632.00 2820.00 941.00 NZD Million [+]
GDP From Utilities 1714.00 1608.00 1738.00 1040.00 NZD Million [+]