Gross domestic savings in New Zealand
New Zealand: Gross domestic savings was 94.99 billion current LCU in 2024. ◆ Volatile
Latest (2024)
94.99 billion current LCU
Change on year
up 5.9%
World rank
101st
of 187 countries
All-time high
94.99 billion current LCU
in 2024
All-time low
1.21 billion current LCU
in 1970
Years of data
55
1970–2024
Gross domestic savings in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
New Zealand recorded 94.99 billion current LCU for gross domestic savings in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 63.4% over ten years.
Over the whole period, gross domestic savings in New Zealand peaked at 94.99 billion current LCU in 2024 and was at its lowest, 1.21 billion current LCU, in 1970.
New Zealand ranks 101st of 187 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 in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 1.21 billion current LCU | — |
| 1971 | 1.60 billion current LCU | +31.4% |
| 1972 | 1.92 billion current LCU | +20.0% |
| 1973 | 2.36 billion current LCU | +23.1% |
| 1974 | 2.20 billion current LCU | -6.6% |
| 1975 | 2.25 billion current LCU | +2.0% |
| 1976 | 3.45 billion current LCU | +53.5% |
| 1977 | 3.68 billion current LCU | +6.6% |
| 1978 | 3.98 billion current LCU | +8.4% |
| 1979 | 4.72 billion current LCU | +18.6% |
| 1980 | 5.02 billion current LCU | +6.3% |
| 1981 | 6.82 billion current LCU | +35.8% |
| 1982 | 7.55 billion current LCU | +10.7% |
| 1983 | 9.23 billion current LCU | +22.3% |
| 1984 | 10.59 billion current LCU | +14.7% |
| 1985 | 11.48 billion current LCU | +8.4% |
| 1986 | 14.84 billion current LCU | +29.3% |
| 1987 | 16.28 billion current LCU | +9.7% |
| 1988 | 17.09 billion current LCU | +5.0% |
| 1989 | 17.46 billion current LCU | +2.1% |
| 1990 | 16.24 billion current LCU | -7.0% |
| 1991 | 16.11 billion current LCU | -0.8% |
| 1992 | 17.12 billion current LCU | +6.2% |
| 1993 | 21.15 billion current LCU | +23.6% |
| 1994 | 23.20 billion current LCU | +9.7% |
| 1995 | 24.57 billion current LCU | +5.9% |
| 1996 | 25.00 billion current LCU | +1.8% |
| 1997 | 25.50 billion current LCU | +2.0% |
| 1998 | 23.66 billion current LCU | -7.2% |
| 1999 | 26.87 billion current LCU | +13.6% |
| 2000 | 29.97 billion current LCU | +11.5% |
| 2001 | 34.21 billion current LCU | +14.2% |
| 2002 | 34.85 billion current LCU | +1.9% |
| 2003 | 37.42 billion current LCU | +7.4% |
| 2004 | 39.52 billion current LCU | +5.6% |
| 2005 | 39.06 billion current LCU | -1.2% |
| 2006 | 40.20 billion current LCU | +2.9% |
| 2007 | 46.48 billion current LCU | +15.6% |
| 2008 | 43.01 billion current LCU | -7.5% |
| 2009 | 43.32 billion current LCU | +0.7% |
| 2010 | 46.21 billion current LCU | +6.7% |
| 2011 | 47.37 billion current LCU | +2.5% |
| 2012 | 47.95 billion current LCU | +1.2% |
| 2013 | 55.52 billion current LCU | +15.8% |
| 2014 | 58.14 billion current LCU | +4.7% |
| 2015 | 62.08 billion current LCU | +6.8% |
| 2016 | 65.34 billion current LCU | +5.3% |
| 2017 | 71.98 billion current LCU | +10.1% |
| 2018 | 73.64 billion current LCU | +2.3% |
| 2019 | 77.94 billion current LCU | +5.8% |
| 2020 | 74.90 billion current LCU | -3.9% |
| 2021 | 77.01 billion current LCU | +2.8% |
| 2022 | 83.95 billion current LCU | +9.0% |
| 2023 | 89.69 billion current LCU | +6.8% |
| 2024 | 94.99 billion current LCU | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.74 billion current LCU | 1.21 billion current LCU | 4.72 billion current LCU | 10 |
| 1980s | 11.64 billion current LCU | 5.02 billion current LCU | 17.46 billion current LCU | 10 |
| 1990s | 21.94 billion current LCU | 16.11 billion current LCU | 26.87 billion current LCU | 10 |
| 2000s | 38.80 billion current LCU | 29.97 billion current LCU | 46.48 billion current LCU | 10 |
| 2010s | 60.62 billion current LCU | 46.21 billion current LCU | 77.94 billion current LCU | 10 |
| 2020s | 84.11 billion current LCU | 74.90 billion current LCU | 94.99 billion current LCU | 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)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 0.1944 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current US$), per 9,582 current US$ per person (2023)
- Industry (including construction), value added (current LCU), annual 4.94 % change on previous year (2023)
- Industry (including construction), value added (current LCU), per 0.3165 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 15,604 current LCU per person (2023)
- Industry (including construction), value added (constant 2015 US$) -4.66 % change on previous year (2024)
Frequently asked questions
- What is gross domestic savings in New Zealand?
- Gross domestic savings in New Zealand was 94.99 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in New Zealand?
- The highest recorded value was 94.99 billion current LCU in 2024.
- What is the lowest gross domestic savings recorded in New Zealand?
- The lowest recorded value was 1.21 billion current LCU in 1970.
- How does New Zealand rank for gross domestic savings?
- New Zealand ranks 101st out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in New Zealand?
- Over the last ten years it is up 63.4%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.