Annual government non-financial accounts and key indicators in New Zealand

New Zealand: Annual government non-financial accounts and key indicators was 20,966 National currency in 2024. ◆ Volatile

Latest (2024)
20,966 National currency
Change on year
up 0.6%
World rank
28th
of 36 countries
All-time high
20,966 National currency
in 2024
All-time low
1,760 National currency
in 1987
Years of data
39
1986–2024

Annual government non-financial accounts and key indicators in New Zealand, 1986–2024

05.0k10.0k15.0k20.0k1986200520241986: 1.9k National currency1987: 1.8k National currency1988: 2.0k National currency1989: 2.1k National currency1990: 2.1k National currency1991: 2.2k National currency1992: 2.0k National currency1993: 2.1k National currency1994: 2.5k National currency1995: 2.8k National currency1996: 3.1k National currency1997: 4.0k National currency1998: 3.6k National currency1999: 4.4k National currency2000: 3.7k National currency2001: 4.6k National currency2002: 4.6k National currency2003: 5.6k National currency2004: 6.1k National currency2005: 6.5k National currency2006: 6.9k National currency2007: 7.4k National currency2008: 8.2k National currency2009: 8.7k National currency2010: 8.5k National currency2011: 7.7k National currency2012: 8.2k National currency2013: 9.1k National currency2014: 9.8k National currency2015: 10.1k National currency2016: 10.0k National currency2017: 11.8k National currency2018: 12.5k National currency2019: 13.4k National currency2020: 13.9k National currency2021: 15.6k National currency2022: 18.2k National currency2023: 20.8k National currency2024: 21.0k National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

In 2024, annual government non-financial accounts and key indicators in New Zealand stood at 20,966 National currency. That is the highest value across all 39 years on record.

That represents a change of up 0.6% on the previous year and up 113.9% over ten years.

Over the whole period, annual government non-financial accounts and key indicators in New Zealand peaked at 20,966 National currency in 2024 and was at its lowest, 1,760 National currency, in 1987.

New Zealand ranks 28th of 36 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Annual government non-financial accounts and key indicators in New Zealand, year by year

Annual values for Annual government non-financial accounts and key indicators (Expenditure) — Gross fixed capital formation in New Zealand, 1986 to 2024.
Year National currency Change
1986 1,927 National currency
1987 1,760 National currency -8.7%
1988 2,000 National currency +13.7%
1989 2,089 National currency +4.5%
1990 2,132 National currency +2.1%
1991 2,178 National currency +2.1%
1992 2,050 National currency -5.9%
1993 2,120 National currency +3.4%
1994 2,512 National currency +18.5%
1995 2,798 National currency +11.4%
1996 3,068 National currency +9.6%
1997 4,027 National currency +31.3%
1998 3,558 National currency -11.6%
1999 4,377 National currency +23.0%
2000 3,708 National currency -15.3%
2001 4,603 National currency +24.1%
2002 4,611 National currency +0.2%
2003 5,598 National currency +21.4%
2004 6,114 National currency +9.2%
2005 6,521 National currency +6.6%
2006 6,895 National currency +5.7%
2007 7,404 National currency +7.4%
2008 8,165 National currency +10.3%
2009 8,668 National currency +6.2%
2010 8,531 National currency -1.6%
2011 7,669 National currency -10.1%
2012 8,201 National currency +6.9%
2013 9,077 National currency +10.7%
2014 9,802 National currency +8.0%
2015 10,141 National currency +3.5%
2016 10,001 National currency -1.4%
2017 11,780 National currency +17.8%
2018 12,506 National currency +6.2%
2019 13,400 National currency +7.1%
2020 13,923 National currency +3.9%
2021 15,582 National currency +11.9%
2022 18,213 National currency +16.9%
2023 20,840 National currency +14.4%
2024 20,966 National currency +0.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1,944 National currency 1,760 National currency 2,089 National currency 4
1990s 2,882 National currency 2,050 National currency 4,377 National currency 10
2000s 6,229 National currency 3,708 National currency 8,668 National currency 10
2010s 10,111 National currency 7,669 National currency 13,400 National currency 10
2020s 17,905 National currency 13,923 National currency 20,966 National currency 5

Countries ranked near New Zealand

  1. 25 Italy 86,716 National currency compare
  2. 26 Spain 49,632 National currency compare
  3. 27 Switzerland 26,112 National currency compare
  4. 29 Austria 20,004 National currency compare
  5. 30 Belgium 19,947 National currency compare
  6. 31 Ireland 16,716 National currency compare

See the full ranking of 48 places →

More public sector data for New Zealand

All data for New Zealand →

Frequently asked questions

What is annual government non-financial accounts and key indicators in New Zealand?
Annual government non-financial accounts and key indicators in New Zealand was 20,966 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government non-financial accounts and key indicators recorded in New Zealand?
The highest recorded value was 20,966 National currency in 2024.
What is the lowest annual government non-financial accounts and key indicators recorded in New Zealand?
The lowest recorded value was 1,760 National currency in 1987.
How does New Zealand rank for annual government non-financial accounts and key indicators?
New Zealand ranks 28th out of 36 countries with data for 2024.
Is annual government non-financial accounts and key indicators rising or falling in New Zealand?
Over the last ten years it is up 113.9%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government non-financial accounts and key indicators (Expenditure) — Gross fixed capital formation. Statizoid updates them automatically from the source API.

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Annual government non-financial accounts and key indicators in New Zealand. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://public-sector.statizoid.com/stat/annual-government-non-financial-accounts-and-key-indicators-expenditure-gross-fixed/new-zealand/

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<a href="https://public-sector.statizoid.com/stat/annual-government-non-financial-accounts-and-key-indicators-expenditure-gross-fixed/new-zealand/">Annual government non-financial accounts and key indicators in New Zealand</a> — Statizoid

About this data

Indicator
Annual government non-financial accounts and key indicators (Expenditure) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 1,504 data points, 1959–2025
Last refreshed

This table presents the full sequence of non-financial accounts for the General Government sector and its sub-sectors from the production account to the capital account. It shows the Expenditure (or Uses) side of the accounts, not including the balancing items, and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenues)’ and ‘Annual government non-financial accounts and key indicators (Balancing items)’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. It is also possible to select the government sub-sectors – central, local and state (regional) government and social security funds – using the ‘Institutional sector’ filter.These indicators were presented in the previous dissemination system in the SNA_TABLE12 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org