External balance on goods and services (current LCU), annual growth in New Zealand
New Zealand: External balance on goods and services (current LCU), annual growth was 50.33 % change on previous year in 2024. ◆ Volatile
Latest (2024)
50.33 % change on previous year
Change on year
up 9.4%
World rank
21st
of 192 countries
All-time high
529.68 % change on previous year
in 2000
All-time low
-737.65 % change on previous year
in 2021
Years of data
52
1971–2024
External balance on goods and services (current LCU), annual growth in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, external balance on goods and services (current lcu), annual growth in New Zealand stood at 50.33 % change on previous year.
Compared with earlier readings it is up 9.4% on the previous year and up 206.0% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in New Zealand peaked at 529.68 % change on previous year in 2000 and was at its lowest, -737.65 % change on previous year, in 2021.
New Zealand ranks 21st of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 131.73 % change on previous year | — |
| 1972 | 336.36 % change on previous year | +155.3% |
| 1973 | -94.17 % change on previous year | -128.0% |
| 1975 | 36.58 % change on previous year | -138.8% |
| 1976 | 54.37 % change on previous year | +48.7% |
| 1977 | 30.28 % change on previous year | -44.3% |
| 1978 | 152.59 % change on previous year | +404.0% |
| 1979 | -343.18 % change on previous year | -324.9% |
| 1980 | 18.69 % change on previous year | -105.4% |
| 1981 | -239.85 % change on previous year | -1383.2% |
| 1982 | -11.16 % change on previous year | -95.3% |
| 1983 | 55.88 % change on previous year | -600.7% |
| 1984 | -147.59 % change on previous year | -364.1% |
| 1985 | 4.36 % change on previous year | -103.0% |
| 1986 | 128.35 % change on previous year | +2841.1% |
| 1987 | 400 % change on previous year | +211.6% |
| 1988 | 91.3 % change on previous year | -77.2% |
| 1989 | -80.81 % change on previous year | -188.5% |
| 1990 | 30.04 % change on previous year | -137.2% |
| 1991 | 301.87 % change on previous year | +905.0% |
| 1992 | -11.92 % change on previous year | -104.0% |
| 1993 | 25.17 % change on previous year | -311.1% |
| 1994 | -19.56 % change on previous year | -177.7% |
| 1995 | -27.46 % change on previous year | +40.4% |
| 1996 | -11.27 % change on previous year | -59.0% |
| 1997 | -8.63 % change on previous year | -23.4% |
| 1998 | -2.12 % change on previous year | -75.4% |
| 1999 | -60.42 % change on previous year | +2747.5% |
| 2000 | 529.68 % change on previous year | -976.7% |
| 2001 | 31.03 % change on previous year | -94.1% |
| 2002 | -12.06 % change on previous year | -138.8% |
| 2003 | -37.91 % change on previous year | +214.5% |
| 2004 | -82.59 % change on previous year | +117.8% |
| 2005 | -631.53 % change on previous year | +664.7% |
| 2006 | 71.86 % change on previous year | -111.4% |
| 2007 | 134.04 % change on previous year | +86.5% |
| 2008 | -310.62 % change on previous year | -331.7% |
| 2010 | 3.46 % change on previous year | -101.1% |
| 2011 | -29.28 % change on previous year | -947.0% |
| 2012 | -54.17 % change on previous year | +85.0% |
| 2013 | 147.72 % change on previous year | -372.7% |
| 2014 | -47.49 % change on previous year | -132.2% |
| 2015 | 31.96 % change on previous year | -167.3% |
| 2016 | -18.17 % change on previous year | -156.9% |
| 2017 | 24.05 % change on previous year | -232.3% |
| 2018 | -111.42 % change on previous year | -563.3% |
| 2019 | 292.69 % change on previous year | -362.7% |
| 2020 | -377.93 % change on previous year | -229.1% |
| 2021 | -737.65 % change on previous year | +95.2% |
| 2022 | -49.19 % change on previous year | -93.3% |
| 2023 | 46.02 % change on previous year | -193.5% |
| 2024 | 50.33 % change on previous year | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38.07 % change on previous year | -343.18 % change on previous year | 336.36 % change on previous year | 8 |
| 1980s | 21.92 % change on previous year | -239.85 % change on previous year | 400 % change on previous year | 10 |
| 1990s | 21.57 % change on previous year | -60.42 % change on previous year | 301.87 % change on previous year | 10 |
| 2000s | -34.23 % change on previous year | -631.53 % change on previous year | 529.68 % change on previous year | 9 |
| 2010s | 23.93 % change on previous year | -111.42 % change on previous year | 292.69 % change on previous year | 10 |
| 2020s | -213.69 % change on previous year | -737.65 % change on previous year | 50.33 % change on previous year | 5 |
Countries ranked near New Zealand
- 18 Cyprus 63.02 % change on previous year compare
- 19 Senegal 61.05 % change on previous year compare
- 20 Niger 60.77 % change on previous year compare
- 22 China 48.59 % change on previous year compare
- 23 Lao People's Democratic Republic 46.56 % change on previous year compare
- 24 Sudan 45.68 % change on previous year 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 external balance on goods and services (current lcu), annual growth in New Zealand?
- External balance on goods and services (current lcu), annual growth in New Zealand was 50.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in New Zealand?
- The highest recorded value was 529.68 % change on previous year in 2000.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in New Zealand?
- The lowest recorded value was -737.65 % change on previous year in 2021.
- How does New Zealand rank for external balance on goods and services (current lcu), annual growth?
- New Zealand ranks 21st out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in New Zealand?
- Over the last ten years it is up 206.0%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.