Gross domestic income in New Zealand
New Zealand: Gross domestic income was 357.24 billion constant LCU in 2024. ▲ Rising
Gross domestic income in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross domestic income in New Zealand is 357.24 billion constant LCU, measured in 2024.
Compared with earlier readings it is up 28.2% over ten years.
Over the whole period, gross domestic income in New Zealand peaked at 357.39 billion constant LCU in 2023 and was at its lowest, 92.25 billion constant LCU, in 1970.
New Zealand ranks 105th of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross domestic income in New Zealand, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 92.25 billion constant LCU | — |
| 1971 | 96.36 billion constant LCU | +4.5% |
| 1972 | 103.41 billion constant LCU | +7.3% |
| 1973 | 112.81 billion constant LCU | +9.1% |
| 1974 | 115.87 billion constant LCU | +2.7% |
| 1975 | 111.61 billion constant LCU | -3.7% |
| 1976 | 112.52 billion constant LCU | +0.8% |
| 1977 | 108.34 billion constant LCU | -3.7% |
| 1978 | 109.55 billion constant LCU | +1.1% |
| 1979 | 111.75 billion constant LCU | +2.0% |
| 1980 | 111.94 billion constant LCU | +0.2% |
| 1981 | 117.51 billion constant LCU | +5.0% |
| 1982 | 118.56 billion constant LCU | +0.9% |
| 1983 | 122.44 billion constant LCU | +3.3% |
| 1984 | 127.69 billion constant LCU | +4.3% |
| 1985 | 129.84 billion constant LCU | +1.7% |
| 1986 | 134.28 billion constant LCU | +3.4% |
| 1987 | 136.68 billion constant LCU | +1.8% |
| 1988 | 137.24 billion constant LCU | +0.4% |
| 1989 | 138.23 billion constant LCU | +0.7% |
| 1990 | 136.35 billion constant LCU | -1.4% |
| 1991 | 133.52 billion constant LCU | -2.1% |
| 1992 | 134.65 billion constant LCU | +0.8% |
| 1993 | 143.73 billion constant LCU | +6.7% |
| 1994 | 151.32 billion constant LCU | +5.3% |
| 1995 | 158.46 billion constant LCU | +4.7% |
| 1996 | 164.48 billion constant LCU | +3.8% |
| 1997 | 166.72 billion constant LCU | +1.4% |
| 1998 | 167.63 billion constant LCU | +0.5% |
| 1999 | 175.54 billion constant LCU | +4.7% |
| 2000 | 181.03 billion constant LCU | +3.1% |
| 2001 | 188.48 billion constant LCU | +4.1% |
| 2002 | 196.46 billion constant LCU | +4.2% |
| 2003 | 208.88 billion constant LCU | +6.3% |
| 2004 | 219.70 billion constant LCU | +5.2% |
| 2005 | 227.04 billion constant LCU | +3.3% |
| 2006 | 232.53 billion constant LCU | +2.4% |
| 2007 | 244.00 billion constant LCU | +4.9% |
| 2008 | 240.66 billion constant LCU | -1.4% |
| 2009 | 237.64 billion constant LCU | -1.3% |
| 2010 | 245.48 billion constant LCU | +3.3% |
| 2011 | 251.66 billion constant LCU | +2.5% |
| 2012 | 254.52 billion constant LCU | +1.1% |
| 2013 | 268.61 billion constant LCU | +5.5% |
| 2014 | 278.71 billion constant LCU | +3.8% |
| 2015 | 286.71 billion constant LCU | +2.9% |
| 2016 | 299.73 billion constant LCU | +4.5% |
| 2017 | 312.88 billion constant LCU | +4.4% |
| 2018 | 321.00 billion constant LCU | +2.6% |
| 2019 | 330.46 billion constant LCU | +2.9% |
| 2020 | 328.95 billion constant LCU | -0.5% |
| 2021 | 344.01 billion constant LCU | +4.6% |
| 2022 | 351.79 billion constant LCU | +2.3% |
| 2023 | 357.39 billion constant LCU | +1.6% |
| 2024 | 357.24 billion constant LCU | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 107.45 billion constant LCU | 92.25 billion constant LCU | 115.87 billion constant LCU | 10 |
| 1980s | 127.44 billion constant LCU | 111.94 billion constant LCU | 138.23 billion constant LCU | 10 |
| 1990s | 153.24 billion constant LCU | 133.52 billion constant LCU | 175.54 billion constant LCU | 10 |
| 2000s | 217.64 billion constant LCU | 181.03 billion constant LCU | 244.00 billion constant LCU | 10 |
| 2010s | 284.97 billion constant LCU | 245.48 billion constant LCU | 330.46 billion constant LCU | 10 |
| 2020s | 347.87 billion constant LCU | 328.95 billion constant LCU | 357.39 billion constant LCU | 5 |
Countries ranked near New Zealand
- 102 Macau, China 413.01 billion constant LCU compare
- 103 Austria 409.61 billion constant LCU compare
- 104 Mauritania 359.95 billion constant LCU compare
- 106 Bolivia, Plurinational State of 337.14 billion constant LCU compare
- 107 Nicaragua 260.78 billion constant LCU compare
- 108 Cape Verde 257.77 billion constant LCU 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)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 9,511 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 0.9117 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2596 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,830 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 2.39 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.4289 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic income in New Zealand?
- Gross domestic income in New Zealand was 357.24 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in New Zealand?
- The highest recorded value was 357.39 billion constant LCU in 2023.
- What is the lowest gross domestic income recorded in New Zealand?
- The lowest recorded value was 92.25 billion constant LCU in 1970.
- How does New Zealand rank for gross domestic income?
- New Zealand ranks 105th out of 179 countries with data for 2024.
- Is gross domestic income rising or falling in New Zealand?
- Over the last ten years it is up 28.2%. The long-run trend across the full record is rising.
- 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 Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.