Net investment in nonfinancial assets in New Zealand
New Zealand: Net investment in nonfinancial assets was 2.8% in 2024. ▲ Rising
Net investment in nonfinancial assets in New Zealand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net investment in nonfinancial assets in New Zealand stood at 2.8%.
Compared with earlier readings it is up 12.8% on the previous year and up 14.0% over ten years.
Over the whole period, net investment in nonfinancial assets in New Zealand peaked at 3.0% in 1974 and was at its lowest, 1.2%, in 1988.
That places New Zealand 78th out of 156 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
Net investment in nonfinancial assets in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 2.4% | — |
| 1973 | 2.3% | -3.4% |
| 1974 | 3.0% | +33.0% |
| 1975 | 2.5% | -16.7% |
| 1976 | 2.1% | -17.9% |
| 1977 | 2.0% | -1.8% |
| 1978 | 1.9% | -4.9% |
| 1979 | 1.6% | -17.8% |
| 1980 | 1.6% | -1.8% |
| 1981 | 1.5% | -2.8% |
| 1982 | 1.5% | +1.7% |
| 1983 | 1.5% | -1.6% |
| 1984 | 1.5% | -4.7% |
| 1985 | 1.8% | +21.5% |
| 1986 | 1.4% | -18.2% |
| 1987 | 1.4% | -0.9% |
| 1988 | 1.2% | -17.0% |
| 2002 | 2.2% | +84.0% |
| 2003 | 1.6% | -25.5% |
| 2004 | 1.8% | +10.4% |
| 2005 | 2.1% | +15.9% |
| 2006 | 2.1% | +2.8% |
| 2007 | 2.0% | -4.8% |
| 2008 | 2.0% | -2.8% |
| 2009 | 2.8% | +40.6% |
| 2010 | 2.7% | -4.5% |
| 2011 | 2.3% | -14.0% |
| 2012 | 2.3% | -0.4% |
| 2013 | 2.1% | -5.6% |
| 2014 | 2.4% | +13.7% |
| 2015 | 2.6% | +6.6% |
| 2016 | 2.5% | -2.5% |
| 2017 | 2.4% | -6.7% |
| 2018 | 2.5% | +5.9% |
| 2019 | 2.6% | +2.6% |
| 2020 | 2.4% | -6.6% |
| 2021 | 2.6% | +6.8% |
| 2022 | 2.5% | -0.8% |
| 2023 | 2.5% | -3.1% |
| 2024 | 2.8% | +12.8% |
New Zealand compared with similar countries
- New Zealand's 2.8% is above the median for high income countries, which is 2.1%, 1.3× the median. (57 countries reporting)
- New Zealand's 2.8% is below the median for East Asia & Pacific, which is 4.6%, 60% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net investment in nonfinancial assets in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +84.0% | 1.2% | 2.2% |
| 2009 | +40.6% | 2.0% | 2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.2% | 1.6% | 3.0% | 8 |
| 1980s | 1.5% | 1.2% | 1.8% | 9 |
| 2000s | 2.1% | 1.6% | 2.8% | 8 |
| 2010s | 2.4% | 2.1% | 2.7% | 10 |
| 2020s | 2.6% | 2.4% | 2.8% | 5 |
Countries ranked near New Zealand
- 75 Sweden 2.9% compare
- 76 Luxembourg 2.9% compare
- 77 Kuwait 2.8% compare
- 79 Bosnia and Herzegovina 2.7% compare
- 80 Czechia 2.6% compare
- 81 Seychelles 2.6% compare
More public sector data for New Zealand
- Arms imports 200.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 37.81 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -50.62 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 200.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 566.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0115 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.01 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.00 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,538 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net investment in nonfinancial assets in New Zealand?
- Net investment in nonfinancial assets in New Zealand was 2.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in New Zealand?
- The highest recorded value was 3.0% in 1974.
- What is the lowest net investment in nonfinancial assets recorded in New Zealand?
- The lowest recorded value was 1.2% in 1988.
- How does New Zealand rank for net investment in nonfinancial assets?
- New Zealand ranks 78th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in New Zealand?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.