Gross Fixed Capital Formation in New Zealand decreased to 16080 NZD Million in the fourth quarter of 2019 from 16091 NZD Million in the third quarter of 2019.

Gross Fixed Capital Formation in New Zealand averaged 9171.22 NZD Million from 1987 until 2019, reaching an all time high of 16149 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 June of 2020. source: Statistics New Zealand

Gross Fixed Capital Formation in New Zealand is expected to be 15226.00 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 15437.00 in 12 months time. In the long-term, the New Zealand Gross Fixed Capital Formation is projected to trend around 15725.00 NZD Million in 2021 and 16165.00 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
16080.00 16091.00 16149.00 4056.00 1987 - 2019 NZD Million Quarterly
Constant Prices, SA

New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.80 2.80 -2.40 percent [+]
GDP Annual Growth Rate 1.80 2.30 7.30 -2.30 percent [+]
GDP 215.00 205.02 215.00 5.18 USD Billion [+]
GDP Constant Prices 64399.00 64299.00 64399.00 26743.00 NZD Million [+]
Gross National Product 67845.00 67978.00 67978.00 25073.00 NZD Million [+]
Gross Fixed Capital Formation 16080.00 16091.00 16149.00 4056.00 NZD Million [+]
GDP per capita 38000.70 37678.40 38000.70 20073.00 USD [+]
GDP per capita PPP 36354.79 36046.39 36354.79 22651.10 USD [+]
GDP From Agriculture 3389.00 3382.00 3395.00 1762.00 NZD Million [+]
GDP From Construction 4105.00 4099.00 4118.00 1108.00 NZD Million [+]
GDP From Manufacturing 6122.00 6129.00 6212.00 3920.00 NZD Million [+]
GDP From Mining 774.00 755.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 2897.00 2818.00 2897.00 1312.00 NZD Million [+]
GDP From Services 42880.00 42620.00 42880.00 16763.00 NZD Million [+]
GDP From Transport 2804.00 2763.00 2822.00 941.00 NZD Million [+]
GDP From Utilities 1729.00 1714.00 1729.00 1040.00 NZD Million [+]