Gross savings in New Zealand
New Zealand: Gross savings was 19.5% in 2024. ▬ Flat
Gross savings in New Zealand, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2024, gross savings in New Zealand stood at 19.5%.
The figure is up 1.9% on the previous year and down 5.4% over ten years.
Over the whole period, gross savings in New Zealand peaked at 22.9% in 2001 and was at its lowest, 17.2%, in 2008.
That places New Zealand 108th out of 178 countries with data for 2024, putting it in the middle of the range.
Gross savings in New Zealand, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2000 | 21.0% | — |
| 2001 | 22.9% | +9.5% |
| 2002 | 22.0% | -4.3% |
| 2003 | 22.4% | +2.0% |
| 2004 | 21.2% | -5.2% |
| 2005 | 18.9% | -10.9% |
| 2006 | 18.2% | -3.6% |
| 2007 | 19.4% | +6.6% |
| 2008 | 17.2% | -11.7% |
| 2009 | 19.2% | +11.7% |
| 2010 | 18.7% | -2.6% |
| 2011 | 18.4% | -1.3% |
| 2012 | 18.4% | -0.0% |
| 2013 | 20.5% | +11.5% |
| 2014 | 20.6% | +0.4% |
| 2015 | 21.6% | +4.9% |
| 2016 | 21.4% | -0.9% |
| 2017 | 21.6% | +0.8% |
| 2018 | 20.9% | -3.4% |
| 2019 | 22.0% | +5.7% |
| 2020 | 21.1% | -4.3% |
| 2021 | 19.2% | -8.9% |
| 2022 | 18.6% | -3.1% |
| 2023 | 19.1% | +2.7% |
| 2024 | 19.5% | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.2% | 17.2% | 22.9% | 10 |
| 2010s | 20.4% | 18.4% | 22.0% | 10 |
| 2020s | 19.5% | 18.6% | 21.1% | 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)
- Total reserves minus gold (current US$), annual growth rate 27.59 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1066 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 5,287 current US$ per person (2025)
- General government final consumption expenditure (current US$) 2.01 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2106 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 10,410 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 3.5 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3479 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross savings in New Zealand?
- Gross savings in New Zealand was 19.5% 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 22.9% in 2001.
- What is the lowest gross savings recorded in New Zealand?
- The lowest recorded value was 17.2% in 2008.
- How does New Zealand rank for gross savings?
- New Zealand ranks 108th 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 5.4%. 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 GNI). 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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.