Gross domestic product (GDP), per unit of GDP in New Zealand
New Zealand: Gross domestic product (GDP), per unit of GDP was 0.9516 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Gross domestic product (GDP), per unit of GDP in New Zealand, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in New Zealand is 0.9516 international-$ in 2021 prices per US$ of GDP, measured in 2023.
The figure is down 0.7% on the previous year and down 1.6% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in New Zealand peaked at 9.7 international-$ in 2021 prices per US$ of GDP in 1968 and was at its lowest, 0.9217 international-$ in 2021 prices per US$ of GDP, in 2021.
That places New Zealand 169th out of 180 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in New Zealand, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 7.03 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 7.21 international-$ in 2021 prices per US$ of GDP | +2.6% |
| 1962 | 6.92 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 1963 | 6.71 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 1964 | 6.4 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 1965 | 8.75 international-$ in 2021 prices per US$ of GDP | +36.8% |
| 1966 | 8.98 international-$ in 2021 prices per US$ of GDP | +2.7% |
| 1967 | 8.44 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 1968 | 9.7 international-$ in 2021 prices per US$ of GDP | +15.0% |
| 1969 | 9.63 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 1970 | 8.43 international-$ in 2021 prices per US$ of GDP | -12.4% |
| 1971 | 7.13 international-$ in 2021 prices per US$ of GDP | -15.4% |
| 1972 | 6.23 international-$ in 2021 prices per US$ of GDP | -12.6% |
| 1973 | 5.02 international-$ in 2021 prices per US$ of GDP | -19.5% |
| 1974 | 4.79 international-$ in 2021 prices per US$ of GDP | -4.6% |
| 1975 | 5.1 international-$ in 2021 prices per US$ of GDP | +6.6% |
| 1976 | 4.95 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 1977 | 4.19 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 1978 | 3.48 international-$ in 2021 prices per US$ of GDP | -17.1% |
| 1979 | 3.09 international-$ in 2021 prices per US$ of GDP | -11.0% |
| 1980 | 2.79 international-$ in 2021 prices per US$ of GDP | -10.0% |
| 1981 | 2.74 international-$ in 2021 prices per US$ of GDP | -1.7% |
| 1982 | 2.79 international-$ in 2021 prices per US$ of GDP | +1.9% |
| 1983 | 2.93 international-$ in 2021 prices per US$ of GDP | +5.1% |
| 1984 | 3.44 international-$ in 2021 prices per US$ of GDP | +17.4% |
| 1985 | 2.98 international-$ in 2021 prices per US$ of GDP | -13.4% |
| 1986 | 2.58 international-$ in 2021 prices per US$ of GDP | -13.6% |
| 1987 | 2.04 international-$ in 2021 prices per US$ of GDP | -20.8% |
| 1988 | 1.91 international-$ in 2021 prices per US$ of GDP | -6.4% |
| 1989 | 1.98 international-$ in 2021 prices per US$ of GDP | +3.8% |
| 1990 | 1.93 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 1991 | 2.01 international-$ in 2021 prices per US$ of GDP | +4.2% |
| 1992 | 2.12 international-$ in 2021 prices per US$ of GDP | +5.4% |
| 1993 | 2.03 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 1994 | 1.83 international-$ in 2021 prices per US$ of GDP | -10.0% |
| 1995 | 1.66 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1996 | 1.59 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 1997 | 1.74 international-$ in 2021 prices per US$ of GDP | +9.3% |
| 1998 | 2.09 international-$ in 2021 prices per US$ of GDP | +20.3% |
| 1999 | 2.12 international-$ in 2021 prices per US$ of GDP | +1.5% |
| 2000 | 2.43 international-$ in 2021 prices per US$ of GDP | +14.3% |
| 2001 | 2.45 international-$ in 2021 prices per US$ of GDP | +0.9% |
| 2002 | 2.04 international-$ in 2021 prices per US$ of GDP | -16.6% |
| 2003 | 1.59 international-$ in 2021 prices per US$ of GDP | -22.3% |
| 2004 | 1.35 international-$ in 2021 prices per US$ of GDP | -14.5% |
| 2005 | 1.28 international-$ in 2021 prices per US$ of GDP | -5.8% |
| 2006 | 1.33 international-$ in 2021 prices per US$ of GDP | +4.4% |
| 2007 | 1.16 international-$ in 2021 prices per US$ of GDP | -12.8% |
| 2008 | 1.21 international-$ in 2021 prices per US$ of GDP | +4.0% |
| 2009 | 1.34 international-$ in 2021 prices per US$ of GDP | +11.0% |
| 2010 | 1.16 international-$ in 2021 prices per US$ of GDP | -13.6% |
| 2011 | 1.06 international-$ in 2021 prices per US$ of GDP | -8.5% |
| 2012 | 1.02 international-$ in 2021 prices per US$ of GDP | -3.8% |
| 2013 | 0.9674 international-$ in 2021 prices per US$ of GDP | -5.2% |
| 2014 | 0.9485 international-$ in 2021 prices per US$ of GDP | -2.0% |
| 2015 | 1.09 international-$ in 2021 prices per US$ of GDP | +14.4% |
| 2016 | 1.09 international-$ in 2021 prices per US$ of GDP | +0.4% |
| 2017 | 1.04 international-$ in 2021 prices per US$ of GDP | -5.0% |
| 2018 | 1.01 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 2019 | 1.07 international-$ in 2021 prices per US$ of GDP | +5.8% |
| 2020 | 1.07 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 2021 | 0.9217 international-$ in 2021 prices per US$ of GDP | -14.2% |
| 2022 | 0.9583 international-$ in 2021 prices per US$ of GDP | +4.0% |
| 2023 | 0.9516 international-$ in 2021 prices per US$ of GDP | -0.7% |
New Zealand compared with similar countries
- New Zealand's 0.9516 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 77% of the median. (65 countries reporting)
- New Zealand's 0.9516 international-$ in 2021 prices per US$ of GDP is below the median for East Asia & Pacific, which is 2.38 international-$ in 2021 prices per US$ of GDP, 40% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.98 international-$ in 2021 prices per US$ of GDP | 6.4 international-$ in 2021 prices per US$ of GDP | 9.7 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 5.24 international-$ in 2021 prices per US$ of GDP | 3.09 international-$ in 2021 prices per US$ of GDP | 8.43 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 2.62 international-$ in 2021 prices per US$ of GDP | 1.91 international-$ in 2021 prices per US$ of GDP | 3.44 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.91 international-$ in 2021 prices per US$ of GDP | 1.59 international-$ in 2021 prices per US$ of GDP | 2.12 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.62 international-$ in 2021 prices per US$ of GDP | 1.16 international-$ in 2021 prices per US$ of GDP | 2.45 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.04 international-$ in 2021 prices per US$ of GDP | 0.9485 international-$ in 2021 prices per US$ of GDP | 1.16 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 0.9764 international-$ in 2021 prices per US$ of GDP | 0.9217 international-$ in 2021 prices per US$ of GDP | 1.07 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near New Zealand
- 166 Australia 0.9811 international-$ in 2021 prices per US$ of GDP compare
- 167 Finland 0.981 international-$ in 2021 prices per US$ of GDP compare
- 168 Denmark 0.9687 international-$ in 2021 prices per US$ of GDP compare
- 170 Cyprus 0.9319 international-$ in 2021 prices per US$ of GDP compare
- 171 Cayman Islands 0.9289 international-$ in 2021 prices per US$ of GDP compare
- 172 United States 0.9002 international-$ in 2021 prices per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in New Zealand?
- Gross domestic product (gdp), per unit of gdp in New Zealand was 0.9516 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in New Zealand?
- The highest recorded value was 9.7 international-$ in 2021 prices per US$ of GDP in 1968.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.9217 international-$ in 2021 prices per US$ of GDP in 2021.
- How does New Zealand rank for gross domestic product (gdp), per unit of gdp?
- New Zealand ranks 169th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is down 1.6%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.