Gross domestic savings in New Zealand
New Zealand: Gross domestic savings was 57.49 billion current US$ in 2024. ◆ Volatile
Latest (2024)
57.49 billion current US$
Change on year
up 4.4%
World rank
50th
of 187 countries
All-time high
57.49 billion current US$
in 2024
All-time low
1.36 billion current US$
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 US$.
Analysis
New Zealand recorded 57.49 billion current US$ for gross domestic savings in 2024. That is the highest value across all 55 years on record.
The figure is up 4.4% on the previous year and up 19.2% over ten years.
Over the whole period, gross domestic savings in New Zealand peaked at 57.49 billion current US$ in 2024 and was at its lowest, 1.36 billion current US$, in 1970.
That places New Zealand 50th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in New Zealand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.36 billion current US$ | — |
| 1971 | 1.84 billion current US$ | +35.4% |
| 1972 | 2.33 billion current US$ | +26.4% |
| 1973 | 3.28 billion current US$ | +40.9% |
| 1974 | 3.04 billion current US$ | -7.4% |
| 1975 | 2.54 billion current US$ | -16.5% |
| 1976 | 3.36 billion current US$ | +32.4% |
| 1977 | 3.63 billion current US$ | +8.1% |
| 1978 | 4.16 billion current US$ | +14.7% |
| 1979 | 4.73 billion current US$ | +13.6% |
| 1980 | 4.85 billion current US$ | +2.4% |
| 1981 | 5.68 billion current US$ | +17.2% |
| 1982 | 5.50 billion current US$ | -3.2% |
| 1983 | 6.07 billion current US$ | +10.3% |
| 1984 | 5.49 billion current US$ | -9.5% |
| 1985 | 5.87 billion current US$ | +7.0% |
| 1986 | 7.84 billion current US$ | +33.5% |
| 1987 | 10.08 billion current US$ | +28.6% |
| 1988 | 11.01 billion current US$ | +9.2% |
| 1989 | 10.33 billion current US$ | -6.2% |
| 1990 | 9.71 billion current US$ | -6.1% |
| 1991 | 9.06 billion current US$ | -6.6% |
| 1992 | 9.10 billion current US$ | +0.4% |
| 1993 | 11.70 billion current US$ | +28.6% |
| 1994 | 14.17 billion current US$ | +21.1% |
| 1995 | 16.32 billion current US$ | +15.2% |
| 1996 | 17.34 billion current US$ | +6.3% |
| 1997 | 16.07 billion current US$ | -7.3% |
| 1998 | 12.45 billion current US$ | -22.5% |
| 1999 | 13.95 billion current US$ | +12.0% |
| 2000 | 13.16 billion current US$ | -5.6% |
| 2001 | 14.32 billion current US$ | +8.8% |
| 2002 | 17.18 billion current US$ | +20.0% |
| 2003 | 22.85 billion current US$ | +33.0% |
| 2004 | 26.57 billion current US$ | +16.3% |
| 2005 | 27.50 billion current US$ | +3.5% |
| 2006 | 26.07 billion current US$ | -5.2% |
| 2007 | 34.16 billion current US$ | +31.0% |
| 2008 | 30.23 billion current US$ | -11.5% |
| 2009 | 27.06 billion current US$ | -10.5% |
| 2010 | 33.29 billion current US$ | +23.0% |
| 2011 | 37.42 billion current US$ | +12.4% |
| 2012 | 38.85 billion current US$ | +3.8% |
| 2013 | 45.53 billion current US$ | +17.2% |
| 2014 | 48.23 billion current US$ | +5.9% |
| 2015 | 43.29 billion current US$ | -10.2% |
| 2016 | 45.49 billion current US$ | +5.1% |
| 2017 | 51.14 billion current US$ | +12.4% |
| 2018 | 50.95 billion current US$ | -0.4% |
| 2019 | 51.35 billion current US$ | +0.8% |
| 2020 | 48.57 billion current US$ | -5.4% |
| 2021 | 54.47 billion current US$ | +12.1% |
| 2022 | 53.23 billion current US$ | -2.3% |
| 2023 | 55.07 billion current US$ | +3.5% |
| 2024 | 57.49 billion current US$ | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.03 billion current US$ | 1.36 billion current US$ | 4.73 billion current US$ | 10 |
| 1980s | 7.27 billion current US$ | 4.85 billion current US$ | 11.01 billion current US$ | 10 |
| 1990s | 12.99 billion current US$ | 9.06 billion current US$ | 17.34 billion current US$ | 10 |
| 2000s | 23.91 billion current US$ | 13.16 billion current US$ | 34.16 billion current US$ | 10 |
| 2010s | 44.55 billion current US$ | 33.29 billion current US$ | 51.35 billion current US$ | 10 |
| 2020s | 53.77 billion current US$ | 48.57 billion current US$ | 57.49 billion current US$ | 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)
- Industry (including construction), value added (constant 2015 US$) -4.66 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1554 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 7,681 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual -4.66 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.2426 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 11,994 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 3.93 % change on previous year (2023)
- Services, value added (current US$), per unit of GDP 0.6823 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross domestic savings in New Zealand?
- Gross domestic savings in New Zealand was 57.49 billion current US$ 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 57.49 billion current US$ in 2024.
- What is the lowest gross domestic savings recorded in New Zealand?
- The lowest recorded value was 1.36 billion current US$ in 1970.
- How does New Zealand rank for gross domestic savings?
- New Zealand ranks 50th 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 19.2%. 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 US$). 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 indicator is expressed in United States dollars.