Assets and Infrastructure

The two indicators of economic resilience regular monitored by Statistics New Zealand are- (i) Assets and Infrastructure- (ii) Labour and Productivity

2016 update from Stats NZ

Real net capital stock per person rose 33 percent from 1991 to 2015

  • The volume of real net capital stock rose 74.3 percent from 1991 to 2015.
  • The increase per person, which takes into account the population increase over the same period, was 33 percent.
  • Long-term changes in the stock of produced capital are an indication of the wealth of New Zealand. 
Definition and measure
  • Net (wealth) capital stock refers to the current market valuation of an industry’s or an economy’s productive stock (OECD).
  • This includes fixed assets, such as machinery, equipment, buildings, and infrastructure that can be used in production for more than one year.
  • The real net stock of total assets represents accumulated investment, less retirements and accumulated depreciation for assets still operating (that is, gross capital stock less accumulated depreciation on assets still in operation). Ensuring that a broad base of assets is maintained can increase opportunities for future economic development.
  • This indicator is expressed in 1995/96 dollars, to remove the effect of price changes. (NZ Statistics)

Stats NZ 2014

Real net capital stock per person rose 31 percent from 1991 to 2013

Long-term changes in the stock of produced capital are an indication of the wealth of New Zealand

  • The volume of real net capital stock rose 67.6 percent from 1991 to 2013.
  • The increase per person, which takes into account the population increase over the same period, was 31 percent.

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