Gross national expenditure (current US$), annual growth rate in New Zealand
New Zealand: Gross national expenditure (current US$), annual growth rate was 0.5121 % change on previous year in 2024. ◆ Volatile
Latest (2024)
0.5121 % change on previous year
Change on year
up 142.2%
World rank
162nd
of 185 countries
All-time high
36.52 % change on previous year
in 1973
All-time low
-14.85 % change on previous year
in 1998
Years of data
54
1971–2024
Gross national expenditure (current US$), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded 0.5121 % change on previous year for gross national expenditure (current us$), annual growth rate in 2024.
The figure is up 142.2% on the previous year and down 91.9% over ten years.
Over the whole period, gross national expenditure (current us$), annual growth rate in New Zealand peaked at 36.52 % change on previous year in 1973 and was at its lowest, -14.85 % change on previous year, in 1998.
New Zealand ranks 162nd of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 19.19 % change on previous year | — |
| 1972 | 19.04 % change on previous year | -0.8% |
| 1973 | 36.52 % change on previous year | +91.8% |
| 1974 | 21.36 % change on previous year | -41.5% |
| 1975 | -12.03 % change on previous year | -156.3% |
| 1976 | 0.5632 % change on previous year | -104.7% |
| 1977 | 12.56 % change on previous year | +2130.4% |
| 1978 | 17.55 % change on previous year | +39.7% |
| 1979 | 13.14 % change on previous year | -25.1% |
| 1980 | 11.95 % change on previous year | -9.1% |
| 1981 | 6.43 % change on previous year | -46.2% |
| 1982 | 0.6299 % change on previous year | -90.2% |
| 1983 | -1.18 % change on previous year | -287.1% |
| 1984 | -9.31 % change on previous year | +690.0% |
| 1985 | 13.43 % change on previous year | -244.2% |
| 1986 | 19.52 % change on previous year | +45.4% |
| 1987 | 29.5 % change on previous year | +51.2% |
| 1988 | 10.8 % change on previous year | -63.4% |
| 1989 | 0.3646 % change on previous year | -96.6% |
| 1990 | 2.85 % change on previous year | +681.3% |
| 1991 | -8.7 % change on previous year | -405.3% |
| 1992 | -2.08 % change on previous year | -76.1% |
| 1993 | 11.61 % change on previous year | -658.3% |
| 1994 | 19.19 % change on previous year | +65.3% |
| 1995 | 16.93 % change on previous year | -11.7% |
| 1996 | 10.06 % change on previous year | -40.6% |
| 1997 | -5.62 % change on previous year | -155.8% |
| 1998 | -14.85 % change on previous year | +164.4% |
| 1999 | 5.4 % change on previous year | -136.3% |
| 2000 | -12.67 % change on previous year | -334.9% |
| 2001 | 1.68 % change on previous year | -113.3% |
| 2002 | 24.44 % change on previous year | +1352.3% |
| 2003 | 34.19 % change on previous year | +39.9% |
| 2004 | 19.51 % change on previous year | -42.9% |
| 2005 | 12.33 % change on previous year | -36.8% |
| 2006 | -3.79 % change on previous year | -130.8% |
| 2007 | 22.38 % change on previous year | -690.0% |
| 2008 | -2.37 % change on previous year | -110.6% |
| 2009 | -11.16 % change on previous year | +370.0% |
| 2010 | 20.77 % change on previous year | -286.1% |
| 2011 | 15.56 % change on previous year | -25.1% |
| 2012 | 5.69 % change on previous year | -63.4% |
| 2013 | 7.18 % change on previous year | +26.3% |
| 2014 | 6.35 % change on previous year | -11.5% |
| 2015 | -11.74 % change on previous year | -284.9% |
| 2016 | 6.33 % change on previous year | -153.9% |
| 2017 | 9.17 % change on previous year | +44.8% |
| 2018 | 3.54 % change on previous year | -61.4% |
| 2019 | 0.3647 % change on previous year | -89.7% |
| 2020 | 0.7785 % change on previous year | +113.5% |
| 2021 | 22.82 % change on previous year | +2831.3% |
| 2022 | -0.2993 % change on previous year | -101.3% |
| 2023 | 0.2114 % change on previous year | -170.6% |
| 2024 | 0.5121 % change on previous year | +142.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.21 % change on previous year | -12.03 % change on previous year | 36.52 % change on previous year | 9 |
| 1980s | 8.21 % change on previous year | -9.31 % change on previous year | 29.5 % change on previous year | 10 |
| 1990s | 3.48 % change on previous year | -14.85 % change on previous year | 19.19 % change on previous year | 10 |
| 2000s | 8.45 % change on previous year | -12.67 % change on previous year | 34.19 % change on previous year | 10 |
| 2010s | 6.32 % change on previous year | -11.74 % change on previous year | 20.77 % change on previous year | 10 |
| 2020s | 4.8 % change on previous year | -0.2993 % change on previous year | 22.82 % change on previous year | 5 |
Countries ranked near New Zealand
- 159 San Marino 0.995 % change on previous year compare
- 160 Panama 0.9683 % change on previous year compare
- 161 Dominican Republic 0.5536 % change on previous year compare
- 163 Faroe Islands 0.3888 % change on previous year compare
- 164 Oman 0.2142 % change on previous year compare
- 165 Ghana 0.155 % change on previous year compare
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$), per unit of GDP 1.01 current US$ 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$), annual growth rate -0.7819 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.873 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current us$), annual growth rate in New Zealand?
- Gross national expenditure (current us$), annual growth rate in New Zealand was 0.5121 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), annual growth rate recorded in New Zealand?
- The highest recorded value was 36.52 % change on previous year in 1973.
- What is the lowest gross national expenditure (current us$), annual growth rate recorded in New Zealand?
- The lowest recorded value was -14.85 % change on previous year in 1998.
- How does New Zealand rank for gross national expenditure (current us$), annual growth rate?
- New Zealand ranks 162nd out of 185 countries with data for 2024.
- Is gross national expenditure (current us$), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 91.9%. 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 national expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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 national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.