Gross savings in New Zealand
New Zealand: Gross savings was 18.9% in 2024. ▬ Flat
Gross savings in New Zealand, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
New Zealand recorded 18.9% for gross savings in 2024.
That represents a change of up 2.1% on the previous year and down 4.2% over ten years.
Over the whole period, gross savings in New Zealand peaked at 21.8% in 2001 and was at its lowest, 15.9%, in 2008.
New Zealand ranks 110th of 178 countries on this measure, in the middle of the range.
Gross savings in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 19.8% | — |
| 2001 | 21.8% | +10.2% |
| 2002 | 20.9% | -4.3% |
| 2003 | 21.3% | +2.3% |
| 2004 | 20.0% | -6.1% |
| 2005 | 17.7% | -11.7% |
| 2006 | 17.0% | -3.9% |
| 2007 | 18.0% | +6.1% |
| 2008 | 15.9% | -11.8% |
| 2009 | 18.4% | +15.5% |
| 2010 | 17.7% | -3.5% |
| 2011 | 17.6% | -0.9% |
| 2012 | 17.6% | +0.4% |
| 2013 | 19.7% | +11.7% |
| 2014 | 19.8% | +0.3% |
| 2015 | 20.9% | +5.6% |
| 2016 | 20.7% | -0.8% |
| 2017 | 20.8% | +0.3% |
| 2018 | 20.1% | -3.3% |
| 2019 | 21.5% | +6.9% |
| 2020 | 20.7% | -3.7% |
| 2021 | 18.7% | -9.6% |
| 2022 | 18.0% | -3.7% |
| 2023 | 18.6% | +3.1% |
| 2024 | 18.9% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.1% | 15.9% | 21.8% | 10 |
| 2010s | 19.6% | 17.6% | 21.5% | 10 |
| 2020s | 19.0% | 18.0% | 20.7% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is gross savings in New Zealand?
- Gross savings in New Zealand was 18.9% 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 21.8% in 2001.
- What is the lowest gross savings recorded in New Zealand?
- The lowest recorded value was 15.9% in 2008.
- How does New Zealand rank for gross savings?
- New Zealand ranks 110th out of 178 countries with data for 2024.
- Is gross savings rising or falling in New Zealand?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.