Gross domestic product (GDP), Current prices, Domestic currency in New Zealand
New Zealand: Gross domestic product (GDP), Current prices, Domestic currency was 4.53 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in New Zealand, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded 4.53 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.
Compared with earlier readings it is up 2.7% on the previous year and up 270.6% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in New Zealand peaked at 21.43 % change on previous year in 1976 and was at its lowest, -1.88 % change on previous year, in 1991.
New Zealand ranks 106th of 194 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), Current prices, Domestic currency in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 1.96 % change on previous year | — |
| 1962 | 8.24 % change on previous year | +320.3% |
| 1963 | 8.71 % change on previous year | +5.6% |
| 1964 | 8.21 % change on previous year | -5.8% |
| 1965 | 10.71 % change on previous year | +30.5% |
| 1966 | 2.16 % change on previous year | -79.9% |
| 1967 | 5.15 % change on previous year | +138.7% |
| 1968 | 5.36 % change on previous year | +4.1% |
| 1969 | 5.45 % change on previous year | +1.8% |
| 1970 | 13.3 % change on previous year | +144.0% |
| 1971 | 18.19 % change on previous year | +36.8% |
| 1972 | 15.59 % change on previous year | -14.3% |
| 1973 | 15.85 % change on previous year | +1.7% |
| 1974 | 8.99 % change on previous year | -43.3% |
| 1975 | 12.77 % change on previous year | +42.0% |
| 1976 | 21.43 % change on previous year | +67.8% |
| 1977 | 12.13 % change on previous year | -43.4% |
| 1978 | 13.68 % change on previous year | +12.8% |
| 1979 | 15.36 % change on previous year | +12.3% |
| 1980 | 16.75 % change on previous year | +9.1% |
| 1981 | 21.01 % change on previous year | +25.4% |
| 1982 | 15.15 % change on previous year | -27.9% |
| 1983 | 11.45 % change on previous year | -24.4% |
| 1984 | 13.4 % change on previous year | +17.0% |
| 1985 | 15.47 % change on previous year | +15.5% |
| 1986 | 18.81 % change on previous year | +21.6% |
| 1987 | 12.44 % change on previous year | -33.8% |
| 1988 | 8.79 % change on previous year | -29.4% |
| 1989 | 6.33 % change on previous year | -27.9% |
| 1990 | 4.07 % change on previous year | -35.7% |
| 1991 | -1.88 % change on previous year | -146.2% |
| 1992 | 2.75 % change on previous year | -246.4% |
| 1993 | 7.17 % change on previous year | +160.2% |
| 1994 | 7.56 % change on previous year | +5.4% |
| 1995 | 6.44 % change on previous year | -14.7% |
| 1996 | 5.94 % change on previous year | -7.8% |
| 1997 | 3.41 % change on previous year | -42.5% |
| 1998 | 1.86 % change on previous year | -45.6% |
| 1999 | 5.02 % change on previous year | +170.4% |
| 2000 | 6.51 % change on previous year | +29.6% |
| 2001 | 6.66 % change on previous year | +2.4% |
| 2002 | 5.83 % change on previous year | -12.6% |
| 2003 | 6 % change on previous year | +3.1% |
| 2004 | 7.97 % change on previous year | +32.7% |
| 2005 | 5.1 % change on previous year | -36.0% |
| 2006 | 5.15 % change on previous year | +1.0% |
| 2007 | 8.46 % change on previous year | +64.3% |
| 2008 | 3.45 % change on previous year | -59.2% |
| 2009 | 1.22 % change on previous year | -64.6% |
| 2010 | 4.96 % change on previous year | +305.8% |
| 2011 | 4.85 % change on previous year | -2.3% |
| 2012 | 2.24 % change on previous year | -53.9% |
| 2013 | 5.56 % change on previous year | +148.7% |
| 2014 | 5.49 % change on previous year | -1.4% |
| 2015 | 4.29 % change on previous year | -21.8% |
| 2016 | 6.03 % change on previous year | +40.6% |
| 2017 | 7.25 % change on previous year | +20.1% |
| 2018 | 4.41 % change on previous year | -39.1% |
| 2019 | 4.53 % change on previous year | +2.7% |
New Zealand compared with similar countries
- New Zealand's 4.53 % change on previous year is above the median for high income countries, which is 3.62 % change on previous year, 1.3× the median. (65 countries reporting)
- New Zealand's 4.53 % change on previous year is above the median for East Asia & Pacific, which is 4.53 % change on previous year, 1.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 |
|---|---|---|---|
| 1962 | +320.3% | 1.96 % change on previous year | 8.24 % change on previous year |
| 2010 | +305.8% | 1.22 % change on previous year | 4.96 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.22 % change on previous year | 1.96 % change on previous year | 10.71 % change on previous year | 9 |
| 1970s | 14.73 % change on previous year | 8.99 % change on previous year | 21.43 % change on previous year | 10 |
| 1980s | 13.96 % change on previous year | 6.33 % change on previous year | 21.01 % change on previous year | 10 |
| 1990s | 4.23 % change on previous year | -1.88 % change on previous year | 7.56 % change on previous year | 10 |
| 2000s | 5.64 % change on previous year | 1.22 % change on previous year | 8.46 % change on previous year | 10 |
| 2010s | 4.96 % change on previous year | 2.24 % change on previous year | 7.25 % change on previous year | 10 |
Countries ranked near New Zealand
- 103 Somalia 4.69 % change on previous year compare
- 104 Netherlands 4.63 % change on previous year compare
- 105 Chad 4.55 % change on previous year compare
- 107 Latvia 4.53 % change on previous year compare
- 108 Mauritius 4.53 % change on previous year compare
- 109 Sri Lanka 4.52 % 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), current prices, domestic currency in New Zealand?
- Gross domestic product (gdp), current prices, domestic currency in New Zealand was 4.53 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in New Zealand?
- The highest recorded value was 21.43 % change on previous year in 1976.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in New Zealand?
- The lowest recorded value was -1.88 % change on previous year in 1991.
- How does New Zealand rank for gross domestic product (gdp), current prices, domestic currency?
- New Zealand ranks 106th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in New Zealand?
- Over the last ten years it is up 270.6%. 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), Current prices, Domestic currency, 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), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency 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), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.