Gross value added at basic prices (GVA) (constant 2015 US$), annual in New Zealand

New Zealand: Gross value added at basic prices (GVA) (constant 2015 US$), annual was -0.7477 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.7477 % change on previous year
Change on year
down 137.7%
World rank
182nd
of 193 countries
All-time high
6.39 % change on previous year
in 1993
All-time low
-0.99 % change on previous year
in 1991
Years of data
47
1978–2024

Gross value added at basic prices (GVA) (constant 2015 US$), annual in New Zealand, 1978–2024

0246197820012024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross value added at basic prices (gva) (constant 2015 us$), annual in New Zealand stood at -0.7477 % change on previous year.

That represents a change of down 137.7% on the previous year and down 119.6% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in New Zealand peaked at 6.39 % change on previous year in 1993 and was at its lowest, -0.99 % change on previous year, in 1991.

That places New Zealand 182nd out of 193 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (constant 2015 US$), annual in New Zealand, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate in New Zealand, 1978 to 2024.
Year % change on previous year Change
1978 0.6787 % change on previous year
1979 1.98 % change on previous year +192.5%
1980 0.8928 % change on previous year -55.0%
1981 4.15 % change on previous year +365.2%
1982 1.18 % change on previous year -71.5%
1983 3.27 % change on previous year +176.0%
1984 4.74 % change on previous year +45.0%
1985 2.41 % change on previous year -49.1%
1986 5.61 % change on previous year +132.6%
1987 0.8223 % change on previous year -85.4%
1988 -0.2724 % change on previous year -133.1%
1989 -0.1769 % change on previous year -35.0%
1990 0.1632 % change on previous year -192.2%
1991 -0.99 % change on previous year -706.6%
1992 1.07 % change on previous year -208.1%
1993 6.39 % change on previous year +496.9%
1994 4.84 % change on previous year -24.2%
1995 4.77 % change on previous year -1.5%
1996 3.44 % change on previous year -27.8%
1997 2.11 % change on previous year -38.6%
1998 0.6924 % change on previous year -67.2%
1999 5.35 % change on previous year +672.8%
2000 3.04 % change on previous year -43.1%
2001 3.38 % change on previous year +11.0%
2002 4.55 % change on previous year +34.7%
2003 4.51 % change on previous year -0.9%
2004 4.02 % change on previous year -10.8%
2005 3.36 % change on previous year -16.5%
2006 2.72 % change on previous year -18.9%
2007 3 % change on previous year +10.2%
2008 -0.852 % change on previous year -128.4%
2009 -0.0644 % change on previous year -92.4%
2010 1.46 % change on previous year -2373.7%
2011 2.25 % change on previous year +53.4%
2012 2.21 % change on previous year -1.6%
2013 2.51 % change on previous year +13.6%
2014 3.81 % change on previous year +52.0%
2015 3.57 % change on previous year -6.4%
2016 3.65 % change on previous year +2.3%
2017 3.28 % change on previous year -10.2%
2018 3.3 % change on previous year +0.5%
2019 2.33 % change on previous year -29.4%
2020 -0.0617 % change on previous year -102.7%
2021 4.21 % change on previous year -6920.0%
2022 3.14 % change on previous year -25.4%
2023 1.99 % change on previous year -36.7%
2024 -0.7477 % change on previous year -137.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.33 % change on previous year 0.6787 % change on previous year 1.98 % change on previous year 2
1980s 2.26 % change on previous year -0.2724 % change on previous year 5.61 % change on previous year 10
1990s 2.78 % change on previous year -0.99 % change on previous year 6.39 % change on previous year 10
2000s 2.77 % change on previous year -0.852 % change on previous year 4.55 % change on previous year 10
2010s 2.84 % change on previous year 1.46 % change on previous year 3.81 % change on previous year 10
2020s 1.7 % change on previous year -0.7477 % change on previous year 4.21 % change on previous year 5

Countries ranked near New Zealand

  1. 179 Saint Lucia -0.2275 % change on previous year compare
  2. 180 Mozambique -0.6268 % change on previous year compare
  3. 181 Japan -0.6749 % change on previous year compare
  4. 183 Bolivia -0.7566 % change on previous year compare
  5. 184 Botswana -0.8348 % change on previous year compare
  6. 185 Cuba -1.01 % change on previous year compare

See the full ranking of 227 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), annual in New Zealand?
Gross value added at basic prices (gva) (constant 2015 us$), annual in New Zealand was -0.7477 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in New Zealand?
The highest recorded value was 6.39 % change on previous year in 1993.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in New Zealand?
The lowest recorded value was -0.99 % change on previous year in 1991.
How does New Zealand rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
New Zealand ranks 182nd out of 193 countries with data for 2024.
Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in New Zealand?
Over the last ten years it is down 119.6%. 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 value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), annual in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/new-zealand/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/new-zealand/">Gross value added at basic prices (GVA) (constant 2015 US$), annual in New Zealand</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.