Gross savings in New Zealand
New Zealand: Gross savings was 49.54 billion current US$ in 2024. ▲ Rising
Gross savings in New Zealand, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in New Zealand stood at 49.54 billion current US$. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 24.4% over ten years.
Over the whole period, gross savings in New Zealand peaked at 49.54 billion current US$ in 2024 and was at its lowest, 10.41 billion current US$, in 2000.
That places New Zealand 53rd out of 177 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross savings in New Zealand, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 10.41 billion current US$ | — |
| 2001 | 11.74 billion current US$ | +12.8% |
| 2002 | 13.89 billion current US$ | +18.4% |
| 2003 | 18.83 billion current US$ | +35.5% |
| 2004 | 20.81 billion current US$ | +10.5% |
| 2005 | 20.30 billion current US$ | -2.5% |
| 2006 | 18.97 billion current US$ | -6.5% |
| 2007 | 24.76 billion current US$ | +30.5% |
| 2008 | 21.23 billion current US$ | -14.3% |
| 2009 | 22.36 billion current US$ | +5.3% |
| 2010 | 26.05 billion current US$ | +16.5% |
| 2011 | 29.62 billion current US$ | +13.7% |
| 2012 | 31.15 billion current US$ | +5.2% |
| 2013 | 37.64 billion current US$ | +20.9% |
| 2014 | 39.82 billion current US$ | +5.8% |
| 2015 | 37.20 billion current US$ | -6.6% |
| 2016 | 39.14 billion current US$ | +5.2% |
| 2017 | 42.90 billion current US$ | +9.6% |
| 2018 | 42.54 billion current US$ | -0.8% |
| 2019 | 45.78 billion current US$ | +7.6% |
| 2020 | 44.12 billion current US$ | -3.6% |
| 2021 | 47.42 billion current US$ | +7.5% |
| 2022 | 44.95 billion current US$ | -5.2% |
| 2023 | 47.56 billion current US$ | +5.8% |
| 2024 | 49.54 billion current US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.33 billion current US$ | 10.41 billion current US$ | 24.76 billion current US$ | 10 |
| 2010s | 37.18 billion current US$ | 26.05 billion current US$ | 45.78 billion current US$ | 10 |
| 2020s | 46.72 billion current US$ | 44.12 billion current US$ | 49.54 billion current US$ | 5 |
Countries ranked near New Zealand
- 50 Hungary 58.75 billion current US$ compare
- 51 South Africa 55.14 billion current US$ compare
- 52 Morocco 53.59 billion current US$ compare
- 54 Uzbekistan 43.43 billion current US$ compare
- 55 Iran, Islamic Republic of 41.58 billion current US$
- 56 Ecuador 35.30 billion current US$ 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)
- Net primary income (Net income from abroad) (current LCU), annual 4.9 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 1.85 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0832 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), per capita 4,103 current US$ per person (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 5.16 % change on previous year (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1355 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), per capita 6,682 current LCU per person (2023)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4227 (2025)
Frequently asked questions
- What is gross savings in New Zealand?
- Gross savings in New Zealand was 49.54 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in New Zealand?
- The highest recorded value was 49.54 billion current US$ in 2024.
- What is the lowest gross savings recorded in New Zealand?
- The lowest recorded value was 10.41 billion current US$ in 2000.
- How does New Zealand rank for gross savings?
- New Zealand ranks 53rd out of 177 countries with data for 2024.
- Is gross savings rising or falling in New Zealand?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.