Annual growth of imports of goods and services in New Zealand
New Zealand: Annual growth of imports of goods and services was 1.5% in 2024. ◆ Volatile
Annual growth of imports of goods and services in New Zealand, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
New Zealand recorded 1.5% for annual growth of imports of goods and services in 2024.
That represents a change of up 213.0% on the previous year and down 80.1% over ten years.
Over the whole period, annual growth of imports of goods and services in New Zealand peaked at 17.3% in 2021 and was at its lowest, -15.9%, in 2020.
That places New Zealand 119th out of 176 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.1% | — |
| 2001 | 4.3% | +281.2% |
| 2002 | 7.4% | +72.4% |
| 2003 | 13.2% | +78.9% |
| 2004 | 13.4% | +1.4% |
| 2005 | 4.9% | -63.5% |
| 2006 | -1.7% | -134.3% |
| 2007 | 10.6% | -731.7% |
| 2008 | -3.2% | -130.0% |
| 2009 | -9.4% | +195.3% |
| 2010 | 11.5% | -222.8% |
| 2011 | 6.6% | -42.8% |
| 2012 | 1.3% | -79.8% |
| 2013 | 8.1% | +511.3% |
| 2014 | 7.4% | -8.7% |
| 2015 | 2.3% | -69.4% |
| 2016 | 5.2% | +128.6% |
| 2017 | 7.2% | +39.3% |
| 2018 | 3.9% | -45.5% |
| 2019 | 1.0% | -73.6% |
| 2020 | -15.9% | -1629.8% |
| 2021 | 17.3% | -208.9% |
| 2022 | 4.7% | -73.1% |
| 2023 | -1.3% | -128.1% |
| 2024 | 1.5% | -213.0% |
New Zealand compared with similar countries
- New Zealand's 1.5% is below the median for high income countries, which is 2.5%, 60% of the median. (62 countries reporting)
- New Zealand's 1.5% is below the median for East Asia & Pacific, which is 6.3%, 24% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services 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 |
|---|---|---|---|
| 2020 | -1629.8% | 1.0% | -15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.0% | -9.4% | 13.4% | 10 |
| 2010s | 5.5% | 1.0% | 11.5% | 10 |
| 2020s | 1.3% | -15.9% | 17.3% | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in New Zealand?
- Annual growth of imports of goods and services in New Zealand was 1.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in New Zealand?
- The highest recorded value was 17.3% in 2021.
- What is the lowest annual growth of imports of goods and services recorded in New Zealand?
- The lowest recorded value was -15.9% in 2020.
- How does New Zealand rank for annual growth of imports of goods and services?
- New Zealand ranks 119th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in New Zealand?
- Over the last ten years it is down 80.1%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).