Gross Fixed Capital Formation in New Zealand increased to 17276 NZD Million in the first quarter of 2021 from 16145 NZD Million in the fourth quarter of 2020. source: Statistics New Zealand

Gross Fixed Capital Formation in New Zealand averaged 9428.62 NZD Million from 1987 until 2021, reaching an all time high of 17276 NZD Million in the first quarter of 2021 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 2021.

Gross Fixed Capital Formation in New Zealand is expected to be 13675.00 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 16468.00 in 12 months time. In the long-term, the New Zealand Gross Fixed Capital Formation is projected to trend around 17378.00 NZD Million in 2022 and 17865.00 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
17276.00 16145.00 17276.00 4056.00 1987 - 2021 NZD Million Quarterly
Constant Prices, SA

New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.60 -1.00 13.90 -12.20 percent [+]
GDP Annual Growth Rate 2.40 -0.80 7.30 -11.20 percent [+]
GDP 206.93 207.92 207.92 5.18 USD Billion [+]
GDP Constant Prices 67775.00 66927.00 68502.00 26743.00 NZD Million [+]
Gross National Product 74952.00 70431.00 74952.00 25073.00 NZD Million [+]
Gross Fixed Capital Formation 17276.00 16145.00 17276.00 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 3230.00 3208.00 3388.00 1762.00 NZD Million [+]
GDP From Construction 4351.00 4116.00 4576.00 1108.00 NZD Million [+]
GDP From Manufacturing 6291.00 6188.00 6291.00 3920.00 NZD Million [+]
GDP From Mining 632.00 633.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 3082.00 3044.00 3082.00 1312.00 NZD Million [+]
GDP From Services 43804.00 43181.00 43804.00 16826.00 NZD Million [+]
GDP From Transport 1999.00 2069.00 2801.00 941.00 NZD Million [+]
GDP From Utilities 1702.00 1752.00 1752.00 1040.00 NZD Million [+]