Economic Outlook No 117 — Balance of primary income as a percent of in New Zealand
New Zealand: Economic Outlook No 117 — Balance of primary income as a percent of was -3.8 in 2026. ▼ Falling
Economic Outlook No 117 — Balance of primary income as a percent of in New Zealand, 1972–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
New Zealand recorded -3.8 for economic outlook no 117 — balance of primary income as a percent of in 2026.
Compared with earlier readings it is up 0.8% on the previous year and down 28.5% over ten years.
Over the whole period, economic outlook no 117 — balance of primary income as a percent of in New Zealand peaked at -1.27 in 1974 and was at its lowest, -7.46, in 2008.
New Zealand ranks 29th of 36 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Economic Outlook No 117 — Balance of primary income as a percent of in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | -1.54 | — |
| 1973 | -1.52 | -1.0% |
| 1974 | -1.27 | -16.8% |
| 1975 | -1.91 | +51.2% |
| 1976 | -3 | +56.7% |
| 1977 | -2.92 | -2.6% |
| 1978 | -3.11 | +6.4% |
| 1979 | -2.49 | -19.8% |
| 1980 | -2.4 | -3.9% |
| 1981 | -2.65 | +10.5% |
| 1982 | -3.12 | +17.8% |
| 1983 | -3.79 | +21.5% |
| 1984 | -4.96 | +30.9% |
| 1985 | -5.64 | +13.7% |
| 1986 | -4.94 | -12.3% |
| 1987 | -5.34 | +8.2% |
| 1988 | -4.74 | -11.2% |
| 1989 | -4.44 | -6.3% |
| 1990 | -4.08 | -8.1% |
| 1991 | -6.28 | +53.7% |
| 1992 | -6.39 | +1.8% |
| 1993 | -6.82 | +6.7% |
| 1994 | -6.6 | -3.3% |
| 1995 | -6.36 | -3.7% |
| 1996 | -6.98 | +9.8% |
| 1997 | -6.94 | -0.6% |
| 1998 | -4.48 | -35.4% |
| 1999 | -5.31 | +18.6% |
| 2000 | -5.89 | +10.9% |
| 2001 | -5.2 | -11.8% |
| 2002 | -4.98 | -4.2% |
| 2003 | -4.68 | -6.0% |
| 2004 | -5.27 | +12.6% |
| 2005 | -6.06 | +15.0% |
| 2006 | -6.72 | +10.8% |
| 2007 | -6.87 | +2.3% |
| 2008 | -7.46 | +8.6% |
| 2009 | -4.64 | -37.8% |
| 2010 | -4.61 | -0.8% |
| 2011 | -4.71 | +2.4% |
| 2012 | -4.14 | -12.1% |
| 2013 | -3.86 | -6.8% |
| 2014 | -4.07 | +5.4% |
| 2015 | -3.55 | -12.7% |
| 2016 | -2.96 | -16.8% |
| 2017 | -3.76 | +27.2% |
| 2018 | -3.73 | -0.7% |
| 2019 | -2.78 | -25.5% |
| 2020 | -1.88 | -32.5% |
| 2021 | -2.55 | +35.5% |
| 2022 | -3.26 | +28.2% |
| 2023 | -3.3 | +1.1% |
| 2024 | -3.51 | +6.4% |
| 2025 | -3.83 | +9.0% |
| 2026 | -3.8 | -0.8% |
New Zealand compared with similar countries
- New Zealand's -3.8 is below the median for high income countries, which is -0.6509, 5.8× the median. (29 countries reporting)
- New Zealand's -3.8 is below the median for East Asia & Pacific, which is -2.46, 1.5× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.22 | -3.11 | -1.27 | 8 |
| 1980s | -4.2 | -5.64 | -2.4 | 10 |
| 1990s | -6.02 | -6.98 | -4.08 | 10 |
| 2000s | -5.78 | -7.46 | -4.64 | 10 |
| 2010s | -3.82 | -4.71 | -2.78 | 10 |
| 2020s | -3.16 | -3.83 | -1.88 | 7 |
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 117 — balance of primary income as a percent of in New Zealand?
- Economic outlook no 117 — balance of primary income as a percent of in New Zealand was -3.8 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — balance of primary income as a percent of recorded in New Zealand?
- The highest recorded value was -1.27 in 1974.
- What is the lowest economic outlook no 117 — balance of primary income as a percent of recorded in New Zealand?
- The lowest recorded value was -7.46 in 2008.
- How does New Zealand rank for economic outlook no 117 — balance of primary income as a percent of?
- New Zealand ranks 29th out of 36 countries with data for 2026.
- Is economic outlook no 117 — balance of primary income as a percent of rising or falling in New Zealand?
- Over the last ten years it is down 28.5%. 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 117 — Balance of primary income as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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