Gross Domestic Product, GDP in millions constant 2021 … annual in New Zealand
New Zealand: Gross Domestic Product, GDP in millions constant 2021 … annual was 2.4 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in New Zealand, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in New Zealand stood at 2.4 % change on previous year.
Compared with earlier readings it is up 7.5% on the previous year and down 29.0% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in New Zealand peaked at 6.39 % change on previous year in 1993 and was at its lowest, -1.31 % change on previous year, in 2020.
That places New Zealand 128th out of 189 countries with data for 2027, putting it 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 in millions constant 2021 … annual in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 1.09 % change on previous year | — |
| 1993 | 6.39 % change on previous year | +484.2% |
| 1994 | 5.12 % change on previous year | -19.9% |
| 1995 | 4.72 % change on previous year | -7.8% |
| 1996 | 3.61 % change on previous year | -23.5% |
| 1997 | 2.08 % change on previous year | -42.5% |
| 1998 | 0.8586 % change on previous year | -58.7% |
| 1999 | 5.38 % change on previous year | +526.4% |
| 2000 | 2.87 % change on previous year | -46.6% |
| 2001 | 3.41 % change on previous year | +18.9% |
| 2002 | 4.71 % change on previous year | +38.2% |
| 2003 | 4.73 % change on previous year | +0.3% |
| 2004 | 4.09 % change on previous year | -13.5% |
| 2005 | 3.35 % change on previous year | -18.0% |
| 2006 | 2.78 % change on previous year | -17.1% |
| 2007 | 3.06 % change on previous year | +9.9% |
| 2008 | -1.02 % change on previous year | -133.3% |
| 2009 | -0.0373 % change on previous year | -96.3% |
| 2010 | 1.46 % change on previous year | -4012.1% |
| 2011 | 2.09 % change on previous year | +43.5% |
| 2012 | 2.37 % change on previous year | +13.0% |
| 2013 | 2.59 % change on previous year | +9.4% |
| 2014 | 3.83 % change on previous year | +47.7% |
| 2015 | 3.69 % change on previous year | -3.6% |
| 2016 | 3.78 % change on previous year | +2.4% |
| 2017 | 3.38 % change on previous year | -10.6% |
| 2018 | 3.47 % change on previous year | +2.7% |
| 2019 | 2.32 % change on previous year | -33.2% |
| 2020 | -1.31 % change on previous year | -156.6% |
| 2021 | 5.69 % change on previous year | -534.1% |
| 2022 | 2.86 % change on previous year | -49.8% |
| 2023 | 1.83 % change on previous year | -36.1% |
| 2024 | -0.5588 % change on previous year | -130.6% |
| 2025 | 0.8349 % change on previous year | -249.4% |
| 2026 | 2.23 % change on previous year | +167.1% |
| 2027 | 2.4 % change on previous year | +7.5% |
New Zealand compared with similar countries
- New Zealand's 2.4 % change on previous year is above the median for high income countries, which is 2.26 % change on previous year, 1.1× the median. (62 countries reporting)
- New Zealand's 2.4 % change on previous year is below the median for East Asia & Pacific, which is 2.95 % change on previous year, 81% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 … annual 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 |
|---|---|---|---|
| 2010 | +4012.1% | -0.0373 % change on previous year | 1.46 % change on previous year |
| 2021 | +534.1% | -1.31 % change on previous year | 5.69 % change on previous year |
| 1999 | +526.4% | 0.8586 % change on previous year | 5.38 % change on previous year |
| 1993 | +484.2% | 1.09 % change on previous year | 6.39 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.66 % change on previous year | 0.8586 % change on previous year | 6.39 % change on previous year | 8 |
| 2000s | 2.79 % change on previous year | -1.02 % change on previous year | 4.73 % change on previous year | 10 |
| 2010s | 2.9 % change on previous year | 1.46 % change on previous year | 3.83 % change on previous year | 10 |
| 2020s | 1.75 % change on previous year | -1.31 % change on previous year | 5.69 % change on previous year | 8 |
Countries ranked near New Zealand
- 125 Azerbaijan 2.45 % change on previous year compare
- 126 Iceland 2.42 % change on previous year compare
- 127 Ecuador 2.4 % change on previous year compare
- 129 Latvia 2.35 % change on previous year compare
- 130 Uruguay 2.33 % change on previous year compare
- 131 Turkmenistan 2.33 % change on previous year compare
More economy & growth data for New Zealand
- Real gdp growth, annual growth rate 161.32 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in New Zealand?
- Gross domestic product, gdp in millions constant 2021 international $ in New Zealand was 2.4 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in New Zealand?
- The highest recorded value was 6.39 % change on previous year in 1993.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in New Zealand?
- The lowest recorded value was -1.31 % change on previous year in 2020.
- How does New Zealand rank for gross domestic product, gdp in millions constant 2021 international $?
- New Zealand ranks 128th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in New Zealand?
- Over the last ten years it is down 29.0%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.