Gross Fixed Capital Formation in New Zealand decreased to 16104 NZD Million in the third quarter of 2019 from 16108 NZD Million in the second quarter of 2019.

Gross Fixed Capital Formation in New Zealand averaged 9118.21 NZD Million from 1987 until 2019, reaching an all time high of 16162 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. source: Statistics New Zealand

Gross Fixed Capital Formation in New Zealand is expected to be 16332.00 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 16507.00 in 12 months time. In the long-term, the New Zealand Gross Fixed Capital Formation is projected to trend around 17410.00 NZD Million in 2020, according to our econometric models.

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New Zealand Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
16104.00 16108.00 16162.00 4056.00 1987 - 2019 NZD Million Quarterly
Constant Prices, SA