Discrepancy in expenditure estimate of GDP in New Zealand
New Zealand: Discrepancy in expenditure estimate of GDP was 611.00 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in New Zealand is 611.00 million current LCU, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 61,000.0% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in New Zealand peaked at 611.00 million current LCU in 2024 and was at its lowest, -531.00 million current LCU, in 1985.
New Zealand ranks 28th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | -22.25 million current LCU | — |
| 1971 | -135.00 million current LCU | +506.7% |
| 1972 | -207.00 million current LCU | +53.3% |
| 1973 | -161.00 million current LCU | -22.2% |
| 1974 | -93.00 million current LCU | -42.2% |
| 1975 | -117.00 million current LCU | +25.8% |
| 1976 | -8.00 million current LCU | -93.2% |
| 1977 | -23.00 million current LCU | +187.5% |
| 1978 | -79.00 million current LCU | +243.5% |
| 1979 | 149.00 million current LCU | -288.6% |
| 1980 | 98.00 million current LCU | -34.2% |
| 1981 | 299.00 million current LCU | +205.1% |
| 1982 | -249.00 million current LCU | -183.3% |
| 1983 | -264.00 million current LCU | +6.0% |
| 1984 | -459.00 million current LCU | +73.9% |
| 1985 | -531.00 million current LCU | +15.7% |
| 1986 | -1.00 million current LCU | -99.8% |
| 1987 | 61.00 million current LCU | -6200.0% |
| 1988 | -491.00 million current LCU | -904.9% |
| 1989 | -423.00 million current LCU | -13.8% |
| 1990 | -40.00 million current LCU | -90.5% |
| 1991 | -19.00 million current LCU | -52.5% |
| 1992 | 27.00 million current LCU | -242.1% |
| 1993 | 115.00 million current LCU | +325.9% |
| 1994 | 262.00 million current LCU | +127.8% |
| 1995 | 1.00 million current LCU | -99.6% |
| 1996 | 0 current LCU | -100.0% |
| 1997 | 1.00 million current LCU | — |
| 1998 | -1.00 million current LCU | -200.0% |
| 1999 | 1.00 million current LCU | -200.0% |
| 2000 | -1.00 million current LCU | -200.0% |
| 2001 | 0 current LCU | -100.0% |
| 2002 | -2.00 million current LCU | — |
| 2003 | 2.00 million current LCU | -200.0% |
| 2004 | 1.00 million current LCU | -50.0% |
| 2005 | -2.00 million current LCU | -300.0% |
| 2006 | 1.00 million current LCU | -150.0% |
| 2007 | -1.00 million current LCU | -200.0% |
| 2008 | 1.00 million current LCU | -200.0% |
| 2009 | 0 current LCU | -100.0% |
| 2010 | 1.00 million current LCU | — |
| 2011 | -1.00 million current LCU | -200.0% |
| 2012 | -1.00 million current LCU | -0.0% |
| 2013 | 1.00 million current LCU | -200.0% |
| 2014 | 1.00 million current LCU | +0.0% |
| 2015 | -1.00 million current LCU | -200.0% |
| 2016 | -1.00 million current LCU | -0.0% |
| 2017 | -1.00 million current LCU | -0.0% |
| 2018 | 0 current LCU | -100.0% |
| 2019 | -1.00 million current LCU | — |
| 2020 | 0 current LCU | -100.0% |
| 2021 | 0 current LCU | — |
| 2022 | 1.00 million current LCU | — |
| 2023 | 0 current LCU | -100.0% |
| 2024 | 611.00 million current LCU | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -69.63 million current LCU | -207.00 million current LCU | 149.00 million current LCU | 10 |
| 1980s | -196.00 million current LCU | -531.00 million current LCU | 299.00 million current LCU | 10 |
| 1990s | 34.70 million current LCU | -40.00 million current LCU | 262.00 million current LCU | 10 |
| 2000s | -100,000 current LCU | -2.00 million current LCU | 2.00 million current LCU | 10 |
| 2010s | -300,000 current LCU | -1.00 million current LCU | 1.00 million current LCU | 10 |
| 2020s | 122.40 million current LCU | 0 current LCU | 611.00 million current LCU | 5 |
Countries ranked near New Zealand
- 25 French Polynesia 1.45 billion current LCU compare
- 26 Austria 1.04 billion current LCU compare
- 27 Belarus 996.60 million current LCU compare
- 29 Tajikistan 433.20 million current LCU compare
- 30 Solomon Islands 355.17 million current LCU compare
- 31 Bermuda 354.52 million current LCU compare
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 discrepancy in expenditure estimate of gdp in New Zealand?
- Discrepancy in expenditure estimate of gdp in New Zealand was 611.00 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in New Zealand?
- The highest recorded value was 611.00 million current LCU in 2024.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in New Zealand?
- The lowest recorded value was -531.00 million current LCU in 1985.
- How does New Zealand rank for discrepancy in expenditure estimate of gdp?
- New Zealand ranks 28th out of 186 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in New Zealand?
- Over the last ten years it is up 61,000.0%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.