External balance on goods and services (current US$), annual growth in New Zealand
New Zealand: External balance on goods and services (current US$), annual growth was 51.04 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current US$), annual growth in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, external balance on goods and services (current us$), annual growth in New Zealand stood at 51.04 % change on previous year.
That represents a change of up 7.0% on the previous year and up 208.9% over ten years.
Over the whole period, external balance on goods and services (current us$), annual growth in New Zealand peaked at 942.38 % change on previous year in 2009 and was at its lowest, -813.64 % change on previous year, in 2021.
That places New Zealand 22nd out of 192 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$), annual growth in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 132.69 % change on previous year | — |
| 1972 | 359.54 % change on previous year | +171.0% |
| 1973 | -93.32 % change on previous year | -126.0% |
| 1975 | 48.05 % change on previous year | -151.5% |
| 1976 | 60.64 % change on previous year | +26.2% |
| 1977 | 29.33 % change on previous year | -51.6% |
| 1978 | 155.66 % change on previous year | +430.6% |
| 1979 | -333.07 % change on previous year | -314.0% |
| 1980 | 21.67 % change on previous year | -106.5% |
| 1981 | -193.19 % change on previous year | -991.7% |
| 1982 | 2.76 % change on previous year | -101.4% |
| 1983 | 60.19 % change on previous year | +2083.8% |
| 1984 | -95.34 % change on previous year | -258.4% |
| 1985 | 5.66 % change on previous year | -105.9% |
| 1986 | 129.27 % change on previous year | +2185.7% |
| 1987 | 486.07 % change on previous year | +276.0% |
| 1988 | 99.06 % change on previous year | -79.6% |
| 1989 | -82.37 % change on previous year | -183.1% |
| 1990 | 31.31 % change on previous year | -138.0% |
| 1991 | 278.37 % change on previous year | +789.0% |
| 1992 | -16.78 % change on previous year | -106.0% |
| 1993 | 30.2 % change on previous year | -280.1% |
| 1994 | -11.2 % change on previous year | -137.1% |
| 1995 | -21.08 % change on previous year | +88.2% |
| 1996 | -7.31 % change on previous year | -65.3% |
| 1997 | -16.98 % change on previous year | +132.1% |
| 1998 | -18.28 % change on previous year | +7.7% |
| 1999 | -60.97 % change on previous year | +233.6% |
| 2000 | 432.8 % change on previous year | -809.8% |
| 2001 | 24.9 % change on previous year | -94.2% |
| 2002 | 3.56 % change on previous year | -85.7% |
| 2003 | -23.07 % change on previous year | -747.6% |
| 2004 | -80.83 % change on previous year | +250.5% |
| 2005 | -656.68 % change on previous year | +712.4% |
| 2006 | 74.09 % change on previous year | -111.3% |
| 2007 | 138.57 % change on previous year | +87.0% |
| 2008 | -301.44 % change on previous year | -317.5% |
| 2009 | 942.38 % change on previous year | -412.6% |
| 2010 | 19.34 % change on previous year | -97.9% |
| 2011 | -22.47 % change on previous year | -216.2% |
| 2012 | -52.99 % change on previous year | +135.9% |
| 2013 | 150.74 % change on previous year | -384.4% |
| 2014 | -46.88 % change on previous year | -131.1% |
| 2015 | 10.93 % change on previous year | -123.3% |
| 2016 | -18.32 % change on previous year | -267.6% |
| 2017 | 26.61 % change on previous year | -245.3% |
| 2018 | -111.12 % change on previous year | -517.5% |
| 2019 | 283.47 % change on previous year | -355.1% |
| 2020 | -373.57 % change on previous year | -231.8% |
| 2021 | -813.64 % change on previous year | +117.8% |
| 2022 | -33.73 % change on previous year | -95.9% |
| 2023 | 47.72 % change on previous year | -241.4% |
| 2024 | 51.04 % change on previous year | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44.94 % change on previous year | -333.07 % change on previous year | 359.54 % change on previous year | 8 |
| 1980s | 43.38 % change on previous year | -193.19 % change on previous year | 486.07 % change on previous year | 10 |
| 1990s | 18.73 % change on previous year | -60.97 % change on previous year | 278.37 % change on previous year | 10 |
| 2000s | 55.43 % change on previous year | -656.68 % change on previous year | 942.38 % change on previous year | 10 |
| 2010s | 23.93 % change on previous year | -111.12 % change on previous year | 283.47 % change on previous year | 10 |
| 2020s | -224.44 % change on previous year | -813.64 % change on previous year | 51.04 % change on previous year | 5 |
Countries ranked near New Zealand
- 19 Senegal 59.42 % change on previous year compare
- 20 Niger 59.12 % change on previous year compare
- 21 Peru 53.19 % change on previous year compare
- 23 China 48.75 % change on previous year compare
- 24 Lao People's Democratic Republic 46.54 % change on previous year compare
- 25 Aruba 44.62 % 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)
- Final consumption expenditure (constant 2015 US$), per capita 33,643 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.5121 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 49,980 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 1.99 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.67 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 82,583 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.7819 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services (current us$), annual growth in New Zealand?
- External balance on goods and services (current us$), annual growth in New Zealand was 51.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current us$), annual growth recorded in New Zealand?
- The highest recorded value was 942.38 % change on previous year in 2009.
- What is the lowest external balance on goods and services (current us$), annual growth recorded in New Zealand?
- The lowest recorded value was -813.64 % change on previous year in 2021.
- How does New Zealand rank for external balance on goods and services (current us$), annual growth?
- New Zealand ranks 22nd out of 192 countries with data for 2024.
- Is external balance on goods and services (current us$), annual growth rising or falling in New Zealand?
- Over the last ten years it is up 208.9%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current US$), 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.