Economic Outlook No 115 — Balance of primary income as a percent of in New Zealand
New Zealand: Economic Outlook No 115 — Balance of primary income as a percent of was -3.04 in 2025. ▼ Falling
Economic Outlook No 115 — Balance of primary income as a percent of in New Zealand, 1972–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2025, economic outlook no 115 — balance of primary income as a percent of in New Zealand stood at -3.04.
Compared with earlier readings it is up 0.4% on the previous year and up 15.3% over ten years.
Over the whole period, economic outlook no 115 — balance of primary income as a percent of in New Zealand peaked at -1.28 in 1974 and was at its lowest, -7.48, in 2008.
That places New Zealand 28th out of 36 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Economic Outlook No 115 — Balance of primary income as a percent of in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | -1.53 | — |
| 1973 | -1.53 | -0.2% |
| 1974 | -1.28 | -16.1% |
| 1975 | -1.94 | +51.0% |
| 1976 | -3.07 | +58.3% |
| 1977 | -2.99 | -2.7% |
| 1978 | -3.17 | +6.1% |
| 1979 | -2.57 | -18.8% |
| 1980 | -2.46 | -4.2% |
| 1981 | -2.74 | +11.1% |
| 1982 | -3.17 | +15.7% |
| 1983 | -3.85 | +21.6% |
| 1984 | -5.02 | +30.4% |
| 1985 | -5.7 | +13.7% |
| 1986 | -5.06 | -11.4% |
| 1987 | -5.48 | +8.3% |
| 1988 | -4.79 | -12.4% |
| 1989 | -4.48 | -6.5% |
| 1990 | -4.05 | -9.6% |
| 1991 | -6.34 | +56.4% |
| 1992 | -6.48 | +2.2% |
| 1993 | -6.96 | +7.5% |
| 1994 | -6.71 | -3.7% |
| 1995 | -6.45 | -3.8% |
| 1996 | -7.02 | +8.9% |
| 1997 | -7 | -0.3% |
| 1998 | -4.52 | -35.4% |
| 1999 | -5.41 | +19.6% |
| 2000 | -5.97 | +10.3% |
| 2001 | -5.3 | -11.2% |
| 2002 | -5.03 | -5.0% |
| 2003 | -4.78 | -5.1% |
| 2004 | -5.32 | +11.4% |
| 2005 | -6.14 | +15.4% |
| 2006 | -6.84 | +11.4% |
| 2007 | -7 | +2.4% |
| 2008 | -7.48 | +6.8% |
| 2009 | -4.71 | -37.0% |
| 2010 | -4.66 | -1.1% |
| 2011 | -4.76 | +2.3% |
| 2012 | -4.18 | -12.3% |
| 2013 | -3.94 | -5.7% |
| 2014 | -4.1 | +4.1% |
| 2015 | -3.59 | -12.6% |
| 2016 | -2.97 | -17.1% |
| 2017 | -3.79 | +27.5% |
| 2018 | -3.75 | -1.2% |
| 2019 | -2.77 | -26.1% |
| 2020 | -1.86 | -32.9% |
| 2021 | -2.53 | +36.1% |
| 2022 | -3.06 | +21.2% |
| 2023 | -3.08 | +0.5% |
| 2024 | -3.05 | -0.9% |
| 2025 | -3.04 | -0.4% |
New Zealand compared with similar countries
- New Zealand's -3.04 is below the median for high income countries, which is -0.4865, 6.2× the median. (29 countries reporting)
- New Zealand's -3.04 is below the median for East Asia & Pacific, which is -2.54, 1.2× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.26 | -3.17 | -1.28 | 8 |
| 1980s | -4.27 | -5.7 | -2.46 | 10 |
| 1990s | -6.09 | -7.02 | -4.05 | 10 |
| 2000s | -5.86 | -7.48 | -4.71 | 10 |
| 2010s | -3.85 | -4.76 | -2.77 | 10 |
| 2020s | -2.77 | -3.08 | -1.86 | 6 |
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 economic outlook no 115 — balance of primary income as a percent of in New Zealand?
- Economic outlook no 115 — balance of primary income as a percent of in New Zealand was -3.04 in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — balance of primary income as a percent of recorded in New Zealand?
- The highest recorded value was -1.28 in 1974.
- What is the lowest economic outlook no 115 — balance of primary income as a percent of recorded in New Zealand?
- The lowest recorded value was -7.48 in 2008.
- How does New Zealand rank for economic outlook no 115 — balance of primary income as a percent of?
- New Zealand ranks 28th out of 36 countries with data for 2025.
- Is economic outlook no 115 — balance of primary income as a percent of rising or falling in New Zealand?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is falling.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Balance of primary income as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP