New Zealand - Real Fixed Investment (gross fixed capital formation)





New Zealand: Real Fixed Investment (gross fixed capital formation)

Mnemonic IF$.INZL
Unit Mil. Ch. 2009/2010 NZD, SA
Adjustments Seasonally Adjusted
Quarterly 5.26 %
Data 2021 Q3 15,907
2021 Q2 16,790

Series Information

Source Statistics New Zealand
Release Gross domestic product
Frequency Quarterly
Start Date 6/30/1987
End Date 9/30/2021

New Zealand: GDP

Reference Last Previous Units Frequency
Government Consumption 2021 Q3 18,616 18,189 Mil. NZD, SA Quarterly
Investment 2021 Q3 19,515 20,324 Mil. NZD, SA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2021 Q3 19,515 20,324 Mil. NZD, SA Quarterly
Nominal Gross Domestic Product 2021 Q3 86,123 88,815 Mil. NZD, SA Quarterly
Private Consumption 2021 Q3 47,947 51,149 Mil. NZD, SA Quarterly
Real Fixed Investment (gross fixed capital formation) 2021 Q3 15,907 16,790 Mil. Ch. 2009/2010 NZD, SA Quarterly
Real Government Consumption 2021 Q3 14,232 13,977 Mil. Ch. 2009/2010 NZD, SA Quarterly
Real Gross Domestic Product 2021 Q3 66,502 69,807 Mil. Ch. 2009/2010 NZD, SA Quarterly
Real Investment 2021 Q3 17,248 16,533 Mil. Ch. 2009/2010 NZD, SA Quarterly
Real Private Consumption 2021 Q3 40,363 43,665 Mil. Ch. 2009/2010 NZD, SA Quarterly

Release Information

Gross domestic product (GDP) describes the total value of goods and services produced in the New Zealand economy, including private and government expenditure, inventory changes, and international trade. It is reported part of the quarterly System of National Accounts (NZSNA) published by Statistics NZ.

  • National accounts framework: UN SNA 2008
  • Industry classification: ANZSIC06, which is generally aligned with UN ISIC Rev. 3.1
  • Measurements:
    • Millions of New Zealand dollars at chained year-2009/2010 prices (Mil. Ch. 2010 NZD)
    • At current prices
  • Adjustment: Seasonally adjusted (SA)
  • Native frequencies:
    • Quarterly
    • Annual (March)
  • Start dates:

Gross domestic product (GDP) is a core macroeconomic statistic that measures New Zealand’s economic performance. It is an important tool that helps a range of users, including policymakers, to understand and manage the New Zealand economy.

Figures are expressed in both production and expenditure approaches (but not the income approach).

Figures are available in both current (nominal) prices (table 17) and inflation-adjusted prices (table 3). These are chain-linked and expressed in the average prices of the 2009/10 year, and are annually reweighted.  Unlike index numbers, these can show the relative size of each component.

In New Zealand, the government fiscal, financial reporting, and budget year runs from 1 July to the next 30 June. The company and personal financial year runs from 1 April to 31 March. The annual national accounts use the latter, hence the "Annual (March)" subfrequency and "2009/2010" price reference period (a.k.a. FY 2010).

Revisions to the previously published GDP series may be made each quarter and annum. These include the release of additional data to replace estimates, revisions to source datasets (e.g. Balance of Payments and Retail Trade Survey), annual updates to weights, and methodological changes.

Further reading

At the source: