This updated report explains the concepts and methodology for developing the two measures of capital stock and the corresponding consumption of fixed capital.
Measures of capital stock provide a snapshot of capital assets available for use in production at a point in time, as well as a forward-looking measure of the economy’s potential performance.
In recent years, the fixed capital stocks of countries have occupied an important place in economic policy debates, and the analysis of economic growth. Measures of a country's stock of capital provides the basis for measuring national wealth, and understanding factors that underpin growth, such as advances in productivity, technical progress, and efficiency.
To read the report, download the printable PDF from ‘Available files’. If you have problems viewing the files, see Opening files and PDFs.
Statistics New Zealand (2014). Measuring capital stock in the New Zealand economy (4th ed). Available from www.stats.govt.nz.
ISBN 978-0-478-42938-1 (online)
Published 21 November 2014