Gross domestic savings (current LCU), annual growth rate in New Zealand
New Zealand: Gross domestic savings (current LCU), annual growth rate was 5.91 % change on previous year in 2024. ◆ Volatile
Gross domestic savings (current LCU), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded 5.91 % change on previous year for gross domestic savings (current lcu), annual growth rate in 2024.
That represents a change of down 13.4% on the previous year and up 25.0% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in New Zealand peaked at 53.52 % change on previous year in 1976 and was at its lowest, -7.46 % change on previous year, in 2008.
New Zealand ranks 83rd of 185 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 savings (current LCU), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 31.39 % change on previous year | — |
| 1972 | 19.99 % change on previous year | -36.3% |
| 1973 | 23.08 % change on previous year | +15.5% |
| 1974 | -6.58 % change on previous year | -128.5% |
| 1975 | 2 % change on previous year | -130.4% |
| 1976 | 53.52 % change on previous year | +2578.3% |
| 1977 | 6.61 % change on previous year | -87.6% |
| 1978 | 8.38 % change on previous year | +26.7% |
| 1979 | 18.57 % change on previous year | +121.7% |
| 1980 | 6.31 % change on previous year | -66.0% |
| 1981 | 35.84 % change on previous year | +468.2% |
| 1982 | 10.67 % change on previous year | -70.2% |
| 1983 | 22.29 % change on previous year | +108.9% |
| 1984 | 14.69 % change on previous year | -34.1% |
| 1985 | 8.42 % change on previous year | -42.6% |
| 1986 | 29.27 % change on previous year | +247.5% |
| 1987 | 9.71 % change on previous year | -66.8% |
| 1988 | 4.98 % change on previous year | -48.7% |
| 1989 | 2.12 % change on previous year | -57.4% |
| 1990 | -6.97 % change on previous year | -428.0% |
| 1991 | -0.8066 % change on previous year | -88.4% |
| 1992 | 6.24 % change on previous year | -874.2% |
| 1993 | 23.59 % change on previous year | +277.8% |
| 1994 | 9.7 % change on previous year | -58.9% |
| 1995 | 5.87 % change on previous year | -39.5% |
| 1996 | 1.76 % change on previous year | -69.9% |
| 1997 | 1.98 % change on previous year | +12.6% |
| 1998 | -7.19 % change on previous year | -462.6% |
| 1999 | 13.58 % change on previous year | -288.7% |
| 2000 | 11.52 % change on previous year | -15.1% |
| 2001 | 14.16 % change on previous year | +22.9% |
| 2002 | 1.88 % change on previous year | -86.7% |
| 2003 | 7.36 % change on previous year | +292.0% |
| 2004 | 5.62 % change on previous year | -23.6% |
| 2005 | -1.17 % change on previous year | -120.8% |
| 2006 | 2.93 % change on previous year | -351.0% |
| 2007 | 15.6 % change on previous year | +431.6% |
| 2008 | -7.46 % change on previous year | -147.9% |
| 2009 | 0.7371 % change on previous year | -109.9% |
| 2010 | 6.65 % change on previous year | +802.8% |
| 2011 | 2.53 % change on previous year | -62.0% |
| 2012 | 1.21 % change on previous year | -51.9% |
| 2013 | 15.79 % change on previous year | +1200.6% |
| 2014 | 4.73 % change on previous year | -70.0% |
| 2015 | 6.77 % change on previous year | +43.2% |
| 2016 | 5.26 % change on previous year | -22.3% |
| 2017 | 10.15 % change on previous year | +92.9% |
| 2018 | 2.3 % change on previous year | -77.3% |
| 2019 | 5.84 % change on previous year | +153.7% |
| 2020 | -3.9 % change on previous year | -166.8% |
| 2021 | 2.82 % change on previous year | -172.2% |
| 2022 | 9.02 % change on previous year | +220.3% |
| 2023 | 6.83 % change on previous year | -24.3% |
| 2024 | 5.91 % change on previous year | -13.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.44 % change on previous year | -6.58 % change on previous year | 53.52 % change on previous year | 9 |
| 1980s | 14.43 % change on previous year | 2.12 % change on previous year | 35.84 % change on previous year | 10 |
| 1990s | 4.78 % change on previous year | -7.19 % change on previous year | 23.59 % change on previous year | 10 |
| 2000s | 5.12 % change on previous year | -7.46 % change on previous year | 15.6 % change on previous year | 10 |
| 2010s | 6.12 % change on previous year | 1.21 % change on previous year | 15.79 % change on previous year | 10 |
| 2020s | 4.13 % change on previous year | -3.9 % change on previous year | 9.02 % change on previous year | 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)
- Final consumption expenditure (constant 2015 US$), per capita 33,643 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.5121 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 49,980 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 1.99 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.67 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 82,583 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.7819 % change on previous year (2024)
Frequently asked questions
- What is gross domestic savings (current lcu), annual growth rate in New Zealand?
- Gross domestic savings (current lcu), annual growth rate in New Zealand was 5.91 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in New Zealand?
- The highest recorded value was 53.52 % change on previous year in 1976.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in New Zealand?
- The lowest recorded value was -7.46 % change on previous year in 2008.
- How does New Zealand rank for gross domestic savings (current lcu), annual growth rate?
- New Zealand ranks 83rd out of 185 countries with data for 2024.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is up 25.0%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings 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
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.