Least developed countries vs New Zealand: Services, value added
Services, value added over time
- Least developed countries
- New Zealand
How they compare
New Zealand currently reports 68.2% against 44.6% in Least developed countries, a difference of 23.6%.
That makes New Zealand's figure about 1.5 times Least developed countries's.
Across all 34 years both countries report, New Zealand has been ahead every year.
Least developed countries ranks 45th and New Zealand ranks 41st of 47 groups.
New Zealand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Least developed countries | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 42.5% | 60.9% | 18.4% | New Zealand |
| 2000s | 42.7% | 63.7% | 21.0% | New Zealand |
| 2010s | 45.4% | 65.1% | 19.7% | New Zealand |
| 2020s | 45.0% | 67.2% | 22.3% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Least developed countries or New Zealand?
- New Zealand, at 68.2% against 44.6% in Least developed countries as of 2023.
- What is the difference in services, value added between Least developed countries and New Zealand?
- 23.6%, with New Zealand ahead.
- How many years of comparable data are there for Least developed countries and New Zealand?
- 34 years are reported by both, from 1990 to 2023.
- How do Least developed countries and New Zealand rank globally for services, value added?
- Least developed countries ranks 45th and New Zealand ranks 41st of 47 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.