Gross domestic product (GDP), Constant prices, Purchasing power in New Zealand
New Zealand: Gross domestic product (GDP), Constant prices, Purchasing power was 2.22 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in New Zealand, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in New Zealand is 2.22 % change on previous year, measured in 2019.
The figure is down 30.9% on the previous year and up 531.5% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in New Zealand peaked at 8.16 % change on previous year in 1966 and was at its lowest, -3.94 % change on previous year, in 1977.
New Zealand ranks 108th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.45 % change on previous year | — |
| 1962 | 2.48 % change on previous year | -44.1% |
| 1963 | 4.32 % change on previous year | +73.7% |
| 1964 | 4.2 % change on previous year | -2.6% |
| 1965 | 6.33 % change on previous year | +50.6% |
| 1966 | 8.16 % change on previous year | +29.0% |
| 1967 | -3.29 % change on previous year | -140.3% |
| 1968 | -2.77 % change on previous year | -15.7% |
| 1969 | 6.68 % change on previous year | -340.9% |
| 1970 | 4.58 % change on previous year | -31.4% |
| 1971 | 3.79 % change on previous year | -17.4% |
| 1972 | 5.12 % change on previous year | +35.2% |
| 1973 | 7.8 % change on previous year | +52.4% |
| 1974 | 5.99 % change on previous year | -23.2% |
| 1975 | -1.73 % change on previous year | -128.9% |
| 1976 | 0.9289 % change on previous year | -153.6% |
| 1977 | -3.94 % change on previous year | -523.8% |
| 1978 | 0.3181 % change on previous year | -108.1% |
| 1979 | 2.19 % change on previous year | +589.1% |
| 1980 | 1.28 % change on previous year | -41.4% |
| 1981 | 4.65 % change on previous year | +262.4% |
| 1982 | 0.9301 % change on previous year | -80.0% |
| 1983 | 3.49 % change on previous year | +275.4% |
| 1984 | 4.79 % change on previous year | +37.3% |
| 1985 | 1.61 % change on previous year | -66.3% |
| 1986 | -3.38 % change on previous year | -309.6% |
| 1987 | 1.98 % change on previous year | -158.4% |
| 1988 | 1.4 % change on previous year | -29.0% |
| 1989 | 1.48 % change on previous year | +5.2% |
| 1990 | 1.06 % change on previous year | -28.4% |
| 1991 | -2.15 % change on previous year | -303.3% |
| 1992 | 0.8296 % change on previous year | -138.6% |
| 1993 | 4.94 % change on previous year | +495.2% |
| 1994 | 6.69 % change on previous year | +35.5% |
| 1995 | 4.35 % change on previous year | -35.0% |
| 1996 | 3.73 % change on previous year | -14.3% |
| 1997 | 2.98 % change on previous year | -20.1% |
| 1998 | 0.7723 % change on previous year | -74.1% |
| 1999 | 4.48 % change on previous year | +479.7% |
| 2000 | 4.06 % change on previous year | -9.3% |
| 2001 | 2.22 % change on previous year | -45.4% |
| 2002 | 5.12 % change on previous year | +130.6% |
| 2003 | 4.59 % change on previous year | -10.2% |
| 2004 | 4.43 % change on previous year | -3.6% |
| 2005 | 2.56 % change on previous year | -42.1% |
| 2006 | 2.75 % change on previous year | +7.2% |
| 2007 | 3.94 % change on previous year | +43.4% |
| 2008 | -0.4208 % change on previous year | -110.7% |
| 2009 | 0.3512 % change on previous year | -183.5% |
| 2010 | 2.01 % change on previous year | +472.8% |
| 2011 | 1.94 % change on previous year | -3.8% |
| 2012 | 2.54 % change on previous year | +31.3% |
| 2013 | 2.21 % change on previous year | -13.1% |
| 2014 | 3.2 % change on previous year | +44.9% |
| 2015 | 4.11 % change on previous year | +28.4% |
| 2016 | 4.18 % change on previous year | +1.9% |
| 2017 | 3.8 % change on previous year | -9.2% |
| 2018 | 3.21 % change on previous year | -15.5% |
| 2019 | 2.22 % change on previous year | -30.9% |
New Zealand compared with similar countries
- New Zealand's 2.22 % change on previous year is above the median for high income countries, which is 1.81 % change on previous year, 1.2× the median. (65 countries reporting)
- New Zealand's 2.22 % change on previous year is below the median for East Asia & Pacific, which is 2.37 % change on previous year, 93% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +589.1% | 0.3181 % change on previous year | 2.19 % change on previous year |
| 1977 | -523.8% | 0.9289 % change on previous year | -3.94 % change on previous year |
| 1993 | +495.2% | 0.8296 % change on previous year | 4.94 % change on previous year |
| 1999 | +479.7% | 0.7723 % change on previous year | 4.48 % change on previous year |
| 2010 | +472.8% | 0.3512 % change on previous year | 2.01 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.4 % change on previous year | -3.29 % change on previous year | 8.16 % change on previous year | 9 |
| 1970s | 2.51 % change on previous year | -3.94 % change on previous year | 7.8 % change on previous year | 10 |
| 1980s | 1.82 % change on previous year | -3.38 % change on previous year | 4.79 % change on previous year | 10 |
| 1990s | 2.77 % change on previous year | -2.15 % change on previous year | 6.69 % change on previous year | 10 |
| 2000s | 2.96 % change on previous year | -0.4208 % change on previous year | 5.12 % change on previous year | 10 |
| 2010s | 2.94 % change on previous year | 1.94 % change on previous year | 4.18 % change on previous year | 10 |
Countries ranked near New Zealand
- 105 Samoa 2.25 % change on previous year compare
- 106 Portugal 2.24 % change on previous year compare
- 107 Azerbaijan 2.22 % change on previous year compare
- 109 Bolivia 2.22 % change on previous year compare
- 110 Albania 2.21 % change on previous year compare
- 111 Nigeria 2.19 % 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)
- IMF holdings of currency, SDR, annual growth rate -0.4987 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 175.89 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 528.24 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in New Zealand?
- Gross domestic product (gdp), constant prices, purchasing power in New Zealand was 2.22 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in New Zealand?
- The highest recorded value was 8.16 % change on previous year in 1966.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in New Zealand?
- The lowest recorded value was -3.94 % change on previous year in 1977.
- How does New Zealand rank for gross domestic product (gdp), constant prices, purchasing power?
- New Zealand ranks 108th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in New Zealand?
- Over the last ten years it is up 531.5%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Constant prices, Purchasing power International Monetary Fund
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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.