GNI growth in New Zealand
New Zealand: GNI growth was 0.3% in 2024. ◆ Volatile
GNI growth in New Zealand, 1972–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
New Zealand recorded 0.3% for gni growth in 2024.
Compared with earlier readings it is down 89.8% on the previous year and down 92.8% over ten years.
Over the whole period, gni growth in New Zealand peaked at 7.9% in 1973 and was at its lowest, -3.6%, in 1991.
That places New Zealand 138th out of 163 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI growth in New Zealand, year by year
| Year | annual % | Change |
|---|---|---|
| 1972 | 7.9% | — |
| 1973 | 7.9% | +0.4% |
| 1974 | -3.1% | -139.9% |
| 1975 | -2.2% | -30.8% |
| 1976 | 2.2% | -201.2% |
| 1977 | -3.0% | -235.4% |
| 1978 | 2.0% | -167.6% |
| 1979 | 1.6% | -21.2% |
| 1980 | 0.4% | -74.3% |
| 1981 | 3.9% | +850.8% |
| 1982 | 0.7% | -82.8% |
| 1983 | 3.1% | +358.8% |
| 1984 | 2.3% | -25.2% |
| 1985 | 1.6% | -32.0% |
| 1986 | 5.4% | +247.3% |
| 1987 | 2.0% | -62.8% |
| 1988 | 1.7% | -13.9% |
| 1989 | -0.4% | -122.0% |
| 1990 | -1.0% | +166.0% |
| 1991 | -3.6% | +254.1% |
| 1992 | 1.0% | -126.8% |
| 1993 | 6.1% | +527.9% |
| 1994 | 5.3% | -12.6% |
| 1995 | 5.0% | -6.4% |
| 1996 | 2.5% | -50.3% |
| 1997 | 2.8% | +12.0% |
| 1998 | 2.0% | -29.2% |
| 1999 | 3.0% | +55.9% |
| 2000 | 4.4% | +44.2% |
| 2001 | 4.9% | +11.8% |
| 2002 | 3.8% | -21.9% |
| 2003 | 6.1% | +57.7% |
| 2004 | 4.0% | -34.3% |
| 2005 | 2.2% | -44.5% |
| 2006 | 2.3% | +6.0% |
| 2007 | 4.5% | +91.8% |
| 2008 | -1.5% | -133.9% |
| 2009 | 2.3% | -250.9% |
| 2010 | 2.4% | +3.0% |
| 2011 | 2.8% | +19.8% |
| 2012 | 1.4% | -51.3% |
| 2013 | 5.8% | +320.5% |
| 2014 | 3.6% | -37.9% |
| 2015 | 3.6% | -0.8% |
| 2016 | 4.6% | +28.1% |
| 2017 | 3.8% | -17.1% |
| 2018 | 2.7% | -28.4% |
| 2019 | 4.1% | +52.8% |
| 2020 | 0.1% | -97.3% |
| 2021 | 3.6% | +3197.4% |
| 2022 | 1.2% | -67.2% |
| 2023 | 2.5% | +111.6% |
| 2024 | 0.3% | -89.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | -3.1% | 7.9% | 8 |
| 1980s | 2.1% | -0.4% | 5.4% | 10 |
| 1990s | 2.3% | -3.6% | 6.1% | 10 |
| 2000s | 3.3% | -1.5% | 6.1% | 10 |
| 2010s | 3.5% | 1.4% | 5.8% | 10 |
| 2020s | 1.5% | 0.1% | 3.6% | 5 |
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)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 0.1944 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current US$), per 9,582 current US$ per person (2023)
- Industry (including construction), value added (current LCU), annual 4.94 % change on previous year (2023)
- Industry (including construction), value added (current LCU), per 0.3165 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 15,604 current LCU per person (2023)
- Industry (including construction), value added (constant 2015 US$) -4.66 % change on previous year (2024)
Frequently asked questions
- What is gni growth in New Zealand?
- Gni growth in New Zealand was 0.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in New Zealand?
- The highest recorded value was 7.9% in 1973.
- What is the lowest gni growth recorded in New Zealand?
- The lowest recorded value was -3.6% in 1991.
- How does New Zealand rank for gni growth?
- New Zealand ranks 138th out of 163 countries with data for 2024.
- Is gni growth rising or falling in New Zealand?
- Over the last ten years it is down 92.8%. 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 GNI growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.