Gross Domestic Product — Value US$, 2015 prices in New Zealand
New Zealand: Gross Domestic Product — Value US$, 2015 prices was 222,114 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in New Zealand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in New Zealand is 222,114 million USD, measured in 2024.
The figure is down 0.1% on the previous year and up 30.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in New Zealand peaked at 222,395 million USD in 2023 and was at its lowest, 59,476 million USD, in 1970.
That places New Zealand 50th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 59,476 million USD | — |
| 1971 | 61,727 million USD | +3.8% |
| 1972 | 64,887 million USD | +5.1% |
| 1973 | 69,949 million USD | +7.8% |
| 1974 | 74,141 million USD | +6.0% |
| 1975 | 72,857 million USD | -1.7% |
| 1976 | 73,534 million USD | +0.9% |
| 1977 | 70,639 million USD | -3.9% |
| 1978 | 70,864 million USD | +0.3% |
| 1979 | 72,417 million USD | +2.2% |
| 1980 | 73,347 million USD | +1.3% |
| 1981 | 76,761 million USD | +4.7% |
| 1982 | 77,475 million USD | +0.9% |
| 1983 | 80,181 million USD | +3.5% |
| 1984 | 84,024 million USD | +4.8% |
| 1985 | 85,380 million USD | +1.6% |
| 1986 | 82,295 million USD | -3.6% |
| 1987 | 83,792 million USD | +1.8% |
| 1988 | 85,573 million USD | +2.1% |
| 1989 | 85,960 million USD | +0.5% |
| 1990 | 86,534 million USD | +0.7% |
| 1991 | 85,155 million USD | -1.6% |
| 1992 | 86,273 million USD | +1.3% |
| 1993 | 91,850 million USD | +6.5% |
| 1994 | 97,180 million USD | +5.8% |
| 1995 | 101,021 million USD | +4.0% |
| 1996 | 104,471 million USD | +3.4% |
| 1997 | 107,771 million USD | +3.2% |
| 1998 | 109,112 million USD | +1.2% |
| 1999 | 114,772 million USD | +5.2% |
| 2000 | 117,378 million USD | +2.3% |
| 2001 | 121,932 million USD | +3.9% |
| 2002 | 128,090 million USD | +5.1% |
| 2003 | 134,074 million USD | +4.7% |
| 2004 | 138,420 million USD | +3.2% |
| 2005 | 142,828 million USD | +3.2% |
| 2006 | 146,093 million USD | +2.3% |
| 2007 | 151,661 million USD | +3.8% |
| 2008 | 149,075 million USD | -1.7% |
| 2009 | 152,115 million USD | +2.0% |
| 2010 | 153,511 million USD | +0.9% |
| 2011 | 157,516 million USD | +2.6% |
| 2012 | 161,593 million USD | +2.6% |
| 2013 | 164,852 million USD | +2.0% |
| 2014 | 170,848 million USD | +3.6% |
| 2015 | 178,105 million USD | +4.2% |
| 2016 | 184,935 million USD | +3.8% |
| 2017 | 192,919 million USD | +4.3% |
| 2018 | 200,380 million USD | +3.9% |
| 2019 | 205,343 million USD | +2.5% |
| 2020 | 205,482 million USD | +0.1% |
| 2021 | 215,052 million USD | +4.7% |
| 2022 | 220,776 million USD | +2.7% |
| 2023 | 222,395 million USD | +0.7% |
| 2024 | 222,114 million USD | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 69,049 million USD | 59,476 million USD | 74,141 million USD | 10 |
| 1980s | 81,479 million USD | 73,347 million USD | 85,960 million USD | 10 |
| 1990s | 98,414 million USD | 85,155 million USD | 114,772 million USD | 10 |
| 2000s | 138,167 million USD | 117,378 million USD | 152,115 million USD | 10 |
| 2010s | 177,000 million USD | 153,511 million USD | 205,343 million USD | 10 |
| 2020s | 217,164 million USD | 205,482 million USD | 222,395 million USD | 5 |
Countries ranked near New Zealand
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)
- Exports of goods and services (current LCU), annual growth rate 8.2 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4082 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 20,179 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.35 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.204 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 10,085 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.05 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2337 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in New Zealand?
- Gross domestic product — value us$, 2015 prices in New Zealand was 222,114 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in New Zealand?
- The highest recorded value was 222,395 million USD in 2023.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in New Zealand?
- The lowest recorded value was 59,476 million USD in 1970.
- How does New Zealand rank for gross domestic product — value us$, 2015 prices?
- New Zealand ranks 50th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in New Zealand?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).