Africa's Development: Annual real GDP growth rate Growth rate … 02 in New Zealand
New Zealand: Africa's Development: Annual real GDP growth rate Growth rate … 02 was 2.37 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in New Zealand, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
New Zealand recorded 2.37 Percent per annum for africa's development dynamics (afdd) table 02 - annual real gdp in 2029.
The figure is down 2.0% on the previous year and down 22.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in New Zealand peaked at 5.63 Percent per annum in 2021 and was at its lowest, -1.37 Percent per annum, in 2020.
That places New Zealand 110th out of 166 countries with data for 2029, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth rate Growth rate … 02 in New Zealand, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 0.0213 Percent per annum | — |
| 1991 | -1.32 Percent per annum | -6298.7% |
| 1992 | 0.7038 Percent per annum | -153.3% |
| 1993 | 5.22 Percent per annum | +642.3% |
| 1994 | 5.58 Percent per annum | +6.9% |
| 1995 | 4.89 Percent per annum | -12.4% |
| 1996 | 4.07 Percent per annum | -16.7% |
| 1997 | 2.45 Percent per annum | -40.0% |
| 1998 | 0.4107 Percent per annum | -83.2% |
| 1999 | 4.48 Percent per annum | +991.5% |
| 2000 | 4.22 Percent per annum | -6.0% |
| 2001 | 2.52 Percent per annum | -40.2% |
| 2002 | 4.7 Percent per annum | +86.6% |
| 2003 | 4.43 Percent per annum | -5.9% |
| 2004 | 4.84 Percent per annum | +9.4% |
| 2005 | 3.22 Percent per annum | -33.6% |
| 2006 | 2.81 Percent per annum | -12.6% |
| 2007 | 3.51 Percent per annum | +24.6% |
| 2008 | -0.3573 Percent per annum | -110.2% |
| 2009 | -1.11 Percent per annum | +212.1% |
| 2010 | 1.71 Percent per annum | -253.8% |
| 2011 | 1.79 Percent per annum | +4.4% |
| 2012 | 2.51 Percent per annum | +40.5% |
| 2013 | 2.32 Percent per annum | -7.8% |
| 2014 | 3.77 Percent per annum | +62.4% |
| 2015 | 3.64 Percent per annum | -3.5% |
| 2016 | 3.95 Percent per annum | +8.5% |
| 2017 | 3.35 Percent per annum | -15.2% |
| 2018 | 3.5 Percent per annum | +4.5% |
| 2019 | 3.08 Percent per annum | -11.9% |
| 2020 | -1.37 Percent per annum | -144.5% |
| 2021 | 5.63 Percent per annum | -510.9% |
| 2022 | 2.38 Percent per annum | -57.6% |
| 2023 | 0.6331 Percent per annum | -73.4% |
| 2024 | 1.05 Percent per annum | +65.4% |
| 2025 | 1.97 Percent per annum | +87.8% |
| 2026 | 2.41 Percent per annum | +22.7% |
| 2027 | 2.38 Percent per annum | -1.4% |
| 2028 | 2.42 Percent per annum | +1.8% |
| 2029 | 2.37 Percent per annum | -2.0% |
New Zealand compared with similar countries
- New Zealand's 2.37 Percent per annum is above the median for high income countries, which is 2.23 Percent per annum, 1.1× the median. (52 countries reporting)
- New Zealand's 2.37 Percent per annum is below the median for East Asia & Pacific, which is 2.49 Percent per annum, 95% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth rate Growth rate … 02 in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -6298.7% | 0.0213 Percent per annum | -1.32 Percent per annum |
| 1999 | +991.5% | 0.4107 Percent per annum | 4.48 Percent per annum |
| 1993 | +642.3% | 0.7038 Percent per annum | 5.22 Percent per annum |
| 2021 | +510.9% | -1.37 Percent per annum | 5.63 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.65 Percent per annum | -1.32 Percent per annum | 5.58 Percent per annum | 10 |
| 2000s | 2.88 Percent per annum | -1.11 Percent per annum | 4.84 Percent per annum | 10 |
| 2010s | 2.96 Percent per annum | 1.71 Percent per annum | 3.95 Percent per annum | 10 |
| 2020s | 1.99 Percent per annum | -1.37 Percent per annum | 5.63 Percent per annum | 10 |
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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 240.88 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in New Zealand?
- Africa's development dynamics (afdd) table 02 - annual real gdp in New Zealand was 2.37 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in New Zealand?
- The highest recorded value was 5.63 Percent per annum in 2021.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in New Zealand?
- The lowest recorded value was -1.37 Percent per annum in 2020.
- How does New Zealand rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- New Zealand ranks 110th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in New Zealand?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
Download this data
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.