Gross domestic savings (current LCU) in New Zealand
New Zealand: Gross domestic savings (current LCU) was 94.99 billion current LCU in 2024. ◆ Volatile
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 188 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) 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% |
New Zealand compared with similar countries
- New Zealand's 94.99 billion current LCU is below the median for high income countries, which is 134.59 billion current LCU, 71% of the median. (67 countries reporting)
- New Zealand's 94.99 billion current LCU is below the median for East Asia & Pacific, which is 241.14 billion current LCU, 39% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +53.5% | 2.25 billion current LCU | 3.45 billion current LCU |
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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
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 188 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.
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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.