Gross Domestic Product — Value US$ in New Zealand

New Zealand: Gross Domestic Product — Value US$ was 257,157 million USD in 2024. ◆ Volatile

Latest (2024)
257,157 million USD
Change on year
up 2.0%
World rank
50th
of 203 countries
All-time high
257,157 million USD
in 2024
All-time low
6,624 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in New Zealand, 1970–2024

0100.0k200.0k300.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, gross domestic product — value us$ in New Zealand stood at 257,157 million USD. That is the highest value across all 55 years on record.

The figure is up 2.0% on the previous year and up 27.7% over ten years.

Over the whole period, gross domestic product — value us$ in New Zealand peaked at 257,157 million USD in 2024 and was at its lowest, 6,624 million USD, in 1970.

That places New Zealand 50th out of 203 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$ in New Zealand, year by year

Annual values for Gross Domestic Product — Value US$ in New Zealand, 1970 to 2024.
Year million USD Change
1970 6,624 million USD
1971 7,938 million USD +19.8%
1972 9,656 million USD +21.6%
1973 12,706 million USD +31.6%
1974 14,262 million USD +12.2%
1975 13,823 million USD -3.1%
1976 13,904 million USD +0.6%
1977 15,205 million USD +9.4%
1978 18,466 million USD +21.4%
1979 20,998 million USD +13.7%
1980 23,365 million USD +11.3%
1981 25,181 million USD +7.8%
1982 25,084 million USD -0.4%
1983 24,889 million USD -0.8%
1984 23,948 million USD -3.8%
1985 24,108 million USD +0.7%
1986 30,292 million USD +25.7%
1987 38,457 million USD +27.0%
1988 46,271 million USD +20.3%
1989 44,634 million USD -3.5%
1990 45,440 million USD +1.8%
1991 43,834 million USD -3.5%
1992 42,061 million USD -4.0%
1993 45,641 million USD +8.5%
1994 53,565 million USD +17.4%
1995 63,151 million USD +17.9%
1996 69,492 million USD +10.0%
1997 69,302 million USD -0.3%
1998 57,180 million USD -17.5%
1999 59,921 million USD +4.8%
2000 54,444 million USD -9.1%
2001 54,109 million USD -0.6%
2002 62,521 million USD +15.5%
2003 83,909 million USD +34.2%
2004 102,446 million USD +22.1%
2005 114,724 million USD +12.0%
2006 111,541 million USD -2.8%
2007 137,192 million USD +23.0%
2008 133,129 million USD -3.0%
2009 121,375 million USD -8.8%
2010 146,517 million USD +20.7%
2011 168,296 million USD +14.9%
2012 176,211 million USD +4.7%
2013 190,909 million USD +8.3%
2014 201,338 million USD +5.5%
2015 178,105 million USD -11.5%
2016 188,898 million USD +6.1%
2017 206,568 million USD +9.4%
2018 211,847 million USD +2.6%
2019 212,847 million USD +0.5%
2020 212,696 million USD -0.1%
2021 253,644 million USD +19.3%
2022 246,128 million USD -3.0%
2023 252,176 million USD +2.5%
2024 257,157 million USD +2.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13,358 million USD 6,624 million USD 20,998 million USD 10
1980s 30,623 million USD 23,365 million USD 46,271 million USD 10
1990s 54,959 million USD 42,061 million USD 69,492 million USD 10
2000s 97,539 million USD 54,109 million USD 137,192 million USD 10
2010s 188,154 million USD 146,517 million USD 212,847 million USD 10
2020s 244,360 million USD 212,696 million USD 257,157 million USD 5

Countries ranked near New Zealand

  1. 47 Kazakhstan 291,108 million USD compare
  2. 48 Peru 289,729 million USD compare
  3. 49 Algeria 263,620 million USD compare
  4. 51 Greece 257,145 million USD compare
  5. 52 Iraq 240,800 million USD compare
  6. 53 Hungary 221,482 million USD compare

See the full ranking of 252 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross domestic product — value us$ in New Zealand?
Gross domestic product — value us$ in New Zealand was 257,157 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in New Zealand?
The highest recorded value was 257,157 million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in New Zealand?
The lowest recorded value was 6,624 million USD in 1970.
How does New Zealand rank for gross domestic product — value us$?
New Zealand ranks 50th out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in New Zealand?
Over the last ten years it is up 27.7%. The long-run trend across the full record is volatile.
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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/new-zealand/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).