Adjusted net national income in New Zealand
New Zealand: Adjusted net national income was 2.9% in 2021. ◆ Volatile
Adjusted net national income in New Zealand, 1972–2021
Source: Staff estimates, World Bank (WB). Measured in annual % growth.
Analysis
The most recent figure for adjusted net national income in New Zealand is 2.9%, measured in 2021.
The figure is up 2,860.5% on the previous year and down 34.3% over ten years.
Over the whole period, adjusted net national income in New Zealand peaked at 10.0% in 1973 and was at its lowest, -7.7%, in 1975.
New Zealand ranks 93rd of 154 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in New Zealand, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1972 | 7.8% | — |
| 1973 | 10.0% | +28.0% |
| 1974 | -3.8% | -137.8% |
| 1975 | -7.7% | +104.2% |
| 1976 | 2.5% | -132.8% |
| 1977 | -4.0% | -256.0% |
| 1978 | 1.3% | -132.2% |
| 1979 | 0.9% | -31.3% |
| 1980 | -0.4% | -141.2% |
| 1981 | 3.8% | -1164.9% |
| 1982 | -1.8% | -145.6% |
| 1983 | 4.8% | -376.1% |
| 1984 | 1.6% | -67.6% |
| 1985 | -0.9% | -156.9% |
| 1986 | 8.0% | -992.1% |
| 1987 | 3.5% | -55.8% |
| 1988 | 4.7% | +34.8% |
| 1989 | 0.7% | -85.1% |
| 1990 | -1.1% | -256.2% |
| 1991 | -5.5% | +401.4% |
| 1992 | 1.4% | -125.8% |
| 1993 | 6.7% | +370.1% |
| 1994 | 6.9% | +3.5% |
| 1995 | 4.8% | -31.2% |
| 1996 | 1.8% | -61.8% |
| 1997 | 4.1% | +127.3% |
| 1998 | 2.7% | -35.2% |
| 1999 | 3.0% | +12.9% |
| 2000 | 2.6% | -14.3% |
| 2001 | 6.4% | +148.5% |
| 2002 | 5.0% | -22.5% |
| 2003 | 7.7% | +53.8% |
| 2004 | 3.3% | -57.1% |
| 2005 | 1.7% | -49.6% |
| 2006 | 1.1% | -31.6% |
| 2007 | 6.1% | +441.6% |
| 2008 | -4.4% | -171.3% |
| 2009 | 4.5% | -203.6% |
| 2010 | 2.7% | -40.4% |
| 2011 | 4.4% | +63.3% |
| 2012 | 2.0% | -55.5% |
| 2013 | 6.5% | +232.5% |
| 2014 | 3.4% | -47.4% |
| 2015 | 4.2% | +22.9% |
| 2016 | 5.0% | +19.7% |
| 2017 | 5.3% | +4.5% |
| 2018 | 2.0% | -61.5% |
| 2019 | 5.0% | +147.3% |
| 2020 | -0.1% | -102.1% |
| 2021 | 2.9% | -2860.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9% | -7.7% | 10.0% | 8 |
| 1980s | 2.4% | -1.8% | 8.0% | 10 |
| 1990s | 2.5% | -5.5% | 6.9% | 10 |
| 2000s | 3.4% | -4.4% | 7.7% | 10 |
| 2010s | 4.1% | 2.0% | 6.5% | 10 |
| 2020s | 1.4% | -0.1% | 2.9% | 2 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 2.59 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9411 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 46,522 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.0126 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5156 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 25,486 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 1.35 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7802 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted net national income in New Zealand?
- Adjusted net national income in New Zealand was 2.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in New Zealand?
- The highest recorded value was 10.0% in 1973.
- What is the lowest adjusted net national income recorded in New Zealand?
- The lowest recorded value was -7.7% in 1975.
- How does New Zealand rank for adjusted net national income?
- New Zealand ranks 93rd out of 154 countries with data for 2021.
- Is adjusted net national income rising or falling in New Zealand?
- Over the last ten years it is down 34.3%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.