Gross Fixed Capital Formation in New Zealand decreased to 15603 NZD Million in the first quarter of 2020 from 16090 NZD Million in the fourth quarter of 2019.

Gross Fixed Capital Formation in New Zealand averaged 9220.31 NZD Million from 1987 until 2020, reaching an all time high of 16169 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 July of 2020. source: Statistics New Zealand

Gross Fixed Capital Formation in New Zealand is expected to be 15796.00 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 15993.00 in 12 months time. In the long-term, the New Zealand Gross Fixed Capital Formation is projected to trend around 15897.00 NZD Million in 2021 and 16342.00 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
15603.00 16090.00 16169.00 4056.00 1987 - 2020 NZD Million Quarterly
Constant Prices, SA

New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.60 0.50 2.80 -2.40 percent [+]
GDP Annual Growth Rate -0.20 1.80 7.30 -2.30 percent [+]
GDP 206.93 207.92 207.92 5.18 USD Billion [+]
GDP Constant Prices 63631.00 64452.00 64452.00 26743.00 NZD Million [+]
Gross National Product 66698.00 67819.00 68009.00 25073.00 NZD Million [+]
Gross Fixed Capital Formation 15603.00 16090.00 16169.00 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 3341.00 3404.00 3413.00 1762.00 NZD Million [+]
GDP From Construction 3927.00 4092.00 4133.00 1108.00 NZD Million [+]
GDP From Manufacturing 5956.00 6102.00 6212.00 3920.00 NZD Million [+]
GDP From Mining 814.00 780.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 2909.00 2915.00 2915.00 1312.00 NZD Million [+]
GDP From Services 42403.00 42882.00 42882.00 16763.00 NZD Million [+]
GDP From Transport 2662.00 2808.00 2819.00 941.00 NZD Million [+]
GDP From Utilities 1719.00 1731.00 1731.00 1040.00 NZD Million [+]