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.