Gross National Income — Value Standard Local Currency in New Zealand
New Zealand: Gross National Income — Value Standard Local Currency was 399,432 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in New Zealand, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
New Zealand recorded 399,432 million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 5.8% on the previous year and up 78.6% over ten years.
Over the whole period, gross national income — value standard local currency in New Zealand peaked at 399,432 million SLC in 2023 and was at its lowest, 5,726 million SLC, in 1970.
New Zealand ranks 111th of 202 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 National Income — Value Standard Local Currency in New Zealand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 5,726 million SLC | — |
| 1971 | 6,770 million SLC | +18.2% |
| 1972 | 7,742 million SLC | +14.4% |
| 1973 | 9,059 million SLC | +17.0% |
| 1974 | 9,971 million SLC | +10.1% |
| 1975 | 11,134 million SLC | +11.7% |
| 1976 | 13,525 million SLC | +21.5% |
| 1977 | 15,182 million SLC | +12.3% |
| 1978 | 17,148 million SLC | +12.9% |
| 1979 | 20,167 million SLC | +17.6% |
| 1980 | 23,470 million SLC | +16.4% |
| 1981 | 28,538 million SLC | +21.6% |
| 1982 | 32,151 million SLC | +12.7% |
| 1983 | 35,454 million SLC | +10.3% |
| 1984 | 39,522 million SLC | +11.5% |
| 1985 | 45,370 million SLC | +14.8% |
| 1986 | 54,982 million SLC | +21.2% |
| 1987 | 61,683 million SLC | +12.2% |
| 1988 | 66,988 million SLC | +8.6% |
| 1989 | 70,866 million SLC | +5.8% |
| 1990 | 72,953 million SLC | +2.9% |
| 1991 | 70,856 million SLC | -2.9% |
| 1992 | 73,267 million SLC | +3.4% |
| 1993 | 78,484 million SLC | +7.1% |
| 1994 | 84,454 million SLC | +7.6% |
| 1995 | 90,189 million SLC | +6.8% |
| 1996 | 93,572 million SLC | +3.8% |
| 1997 | 98,533 million SLC | +5.3% |
| 1998 | 101,934 million SLC | +3.5% |
| 1999 | 106,454 million SLC | +4.4% |
| 2000 | 113,030 million SLC | +6.2% |
| 2001 | 122,201 million SLC | +8.1% |
| 2002 | 128,371 million SLC | +5.0% |
| 2003 | 137,636 million SLC | +7.2% |
| 2004 | 145,852 million SLC | +6.0% |
| 2005 | 152,410 million SLC | +4.5% |
| 2006 | 160,454 million SLC | +5.3% |
| 2007 | 173,358 million SLC | +8.0% |
| 2008 | 175,663 million SLC | +1.3% |
| 2009 | 186,342 million SLC | +6.1% |
| 2010 | 193,234 million SLC | +3.7% |
| 2011 | 203,373 million SLC | +5.2% |
| 2012 | 208,441 million SLC | +2.5% |
| 2013 | 223,622 million SLC | +7.3% |
| 2014 | 232,925 million SLC | +4.2% |
| 2015 | 246,927 million SLC | +6.0% |
| 2016 | 262,599 million SLC | +6.3% |
| 2017 | 279,704 million SLC | +6.5% |
| 2018 | 295,064 million SLC | +5.5% |
| 2019 | 314,987 million SLC | +6.8% |
| 2020 | 321,684 million SLC | +2.1% |
| 2021 | 349,114 million SLC | +8.5% |
| 2022 | 377,584 million SLC | +8.2% |
| 2023 | 399,432 million SLC | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11,642 million SLC | 5,726 million SLC | 20,167 million SLC | 10 |
| 1980s | 45,902 million SLC | 23,470 million SLC | 70,866 million SLC | 10 |
| 1990s | 87,070 million SLC | 70,856 million SLC | 106,454 million SLC | 10 |
| 2000s | 149,532 million SLC | 113,030 million SLC | 186,342 million SLC | 10 |
| 2010s | 246,088 million SLC | 193,234 million SLC | 314,987 million SLC | 10 |
| 2020s | 361,954 million SLC | 321,684 million SLC | 399,432 million SLC | 4 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 2.59 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9411 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 46,522 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.0126 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5156 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 25,486 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 1.35 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7802 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national income — value standard local currency in New Zealand?
- Gross national income — value standard local currency in New Zealand was 399,432 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in New Zealand?
- The highest recorded value was 399,432 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in New Zealand?
- The lowest recorded value was 5,726 million SLC in 1970.
- How does New Zealand rank for gross national income — value standard local currency?
- New Zealand ranks 111th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in New Zealand?
- Over the last ten years it is up 78.6%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).