Gross value added at basic prices (GVA) (constant 2015 US$), per unit in New Zealand
New Zealand: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.768 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in New Zealand, 1977–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in New Zealand stood at 0.768 constant 2015 US$ per US$ of GDP.
The figure is down 2.7% on the previous year and down 1.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in New Zealand peaked at 4.1 constant 2015 US$ per US$ of GDP in 1977 and was at its lowest, 0.7582 constant 2015 US$ per US$ of GDP, in 2021.
That places New Zealand 76th out of 193 countries with data for 2024, putting it in the middle of the range.
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$), per unit in New Zealand, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 4.1 constant 2015 US$ per US$ of GDP | — |
| 1978 | 3.44 constant 2015 US$ per US$ of GDP | -16.1% |
| 1979 | 3.13 constant 2015 US$ per US$ of GDP | -8.8% |
| 1980 | 2.82 constant 2015 US$ per US$ of GDP | -10.0% |
| 1981 | 2.8 constant 2015 US$ per US$ of GDP | -0.9% |
| 1982 | 2.86 constant 2015 US$ per US$ of GDP | +2.2% |
| 1983 | 2.94 constant 2015 US$ per US$ of GDP | +2.7% |
| 1984 | 3.45 constant 2015 US$ per US$ of GDP | +17.5% |
| 1985 | 3.1 constant 2015 US$ per US$ of GDP | -10.1% |
| 1986 | 2.64 constant 2015 US$ per US$ of GDP | -14.8% |
| 1987 | 2.02 constant 2015 US$ per US$ of GDP | -23.6% |
| 1988 | 1.8 constant 2015 US$ per US$ of GDP | -10.9% |
| 1989 | 1.85 constant 2015 US$ per US$ of GDP | +2.7% |
| 1990 | 1.79 constant 2015 US$ per US$ of GDP | -3.3% |
| 1991 | 1.88 constant 2015 US$ per US$ of GDP | +5.4% |
| 1992 | 1.95 constant 2015 US$ per US$ of GDP | +3.7% |
| 1993 | 1.85 constant 2015 US$ per US$ of GDP | -5.3% |
| 1994 | 1.64 constant 2015 US$ per US$ of GDP | -11.3% |
| 1995 | 1.49 constant 2015 US$ per US$ of GDP | -9.3% |
| 1996 | 1.4 constant 2015 US$ per US$ of GDP | -5.7% |
| 1997 | 1.52 constant 2015 US$ per US$ of GDP | +8.4% |
| 1998 | 1.8 constant 2015 US$ per US$ of GDP | +18.3% |
| 1999 | 1.81 constant 2015 US$ per US$ of GDP | +0.8% |
| 2000 | 2.08 constant 2015 US$ per US$ of GDP | +15.1% |
| 2001 | 2.11 constant 2015 US$ per US$ of GDP | +1.0% |
| 2002 | 1.78 constant 2015 US$ per US$ of GDP | -15.5% |
| 2003 | 1.4 constant 2015 US$ per US$ of GDP | -21.1% |
| 2004 | 1.24 constant 2015 US$ per US$ of GDP | -11.7% |
| 2005 | 1.16 constant 2015 US$ per US$ of GDP | -6.4% |
| 2006 | 1.23 constant 2015 US$ per US$ of GDP | +5.7% |
| 2007 | 1.03 constant 2015 US$ per US$ of GDP | -16.3% |
| 2008 | 1.05 constant 2015 US$ per US$ of GDP | +1.9% |
| 2009 | 1.15 constant 2015 US$ per US$ of GDP | +9.6% |
| 2010 | 0.9648 constant 2015 US$ per US$ of GDP | -16.0% |
| 2011 | 0.8602 constant 2015 US$ per US$ of GDP | -10.8% |
| 2012 | 0.8391 constant 2015 US$ per US$ of GDP | -2.5% |
| 2013 | 0.7951 constant 2015 US$ per US$ of GDP | -5.2% |
| 2014 | 0.7825 constant 2015 US$ per US$ of GDP | -1.6% |
| 2015 | 0.9163 constant 2015 US$ per US$ of GDP | +17.1% |
| 2016 | 0.8954 constant 2015 US$ per US$ of GDP | -2.3% |
| 2017 | 0.846 constant 2015 US$ per US$ of GDP | -5.5% |
| 2018 | 0.8526 constant 2015 US$ per US$ of GDP | +0.8% |
| 2019 | 0.8669 constant 2015 US$ per US$ of GDP | +1.7% |
| 2020 | 0.8654 constant 2015 US$ per US$ of GDP | -0.2% |
| 2021 | 0.7582 constant 2015 US$ per US$ of GDP | -12.4% |
| 2022 | 0.7945 constant 2015 US$ per US$ of GDP | +4.8% |
| 2023 | 0.7893 constant 2015 US$ per US$ of GDP | -0.7% |
| 2024 | 0.768 constant 2015 US$ per US$ of GDP | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.56 constant 2015 US$ per US$ of GDP | 3.13 constant 2015 US$ per US$ of GDP | 4.1 constant 2015 US$ per US$ of GDP | 3 |
| 1980s | 2.63 constant 2015 US$ per US$ of GDP | 1.8 constant 2015 US$ per US$ of GDP | 3.45 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.71 constant 2015 US$ per US$ of GDP | 1.4 constant 2015 US$ per US$ of GDP | 1.95 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.42 constant 2015 US$ per US$ of GDP | 1.03 constant 2015 US$ per US$ of GDP | 2.11 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8619 constant 2015 US$ per US$ of GDP | 0.7825 constant 2015 US$ per US$ of GDP | 0.9648 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7951 constant 2015 US$ per US$ of GDP | 0.7582 constant 2015 US$ per US$ of GDP | 0.8654 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near New Zealand
- 73 Jordan 0.7771 constant 2015 US$ per US$ of GDP compare
- 74 Maldives 0.772 constant 2015 US$ per US$ of GDP compare
- 75 Dominican Republic 0.7699 constant 2015 US$ per US$ of GDP compare
- 77 Algeria 0.7678 constant 2015 US$ per US$ of GDP compare
- 78 Cayman Islands 0.7669 constant 2015 US$ per US$ of GDP compare
- 79 Malawi 0.7658 constant 2015 US$ per US$ of GDP 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.48 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2248 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 11,111 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 51.04 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 50.33 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -7.15 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0653 current LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 3,218 current LCU per person (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in New Zealand?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in New Zealand was 0.768 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in New Zealand?
- The highest recorded value was 4.1 constant 2015 US$ per US$ of GDP in 1977.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in New Zealand?
- The lowest recorded value was 0.7582 constant 2015 US$ per US$ of GDP in 2021.
- How does New Zealand rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- New Zealand ranks 76th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in New Zealand?
- Over the last ten years it is down 1.8%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.