Gross value added at basic prices (GVA) (constant LCU), per unit of in New Zealand
New Zealand: Gross value added at basic prices (GVA) (constant LCU), per unit of was 1.26 constant LCU per US$ of GDP in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), per unit of in New Zealand, 1977–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant lcu), per unit of in New Zealand stood at 1.26 constant LCU 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 lcu), per unit of in New Zealand peaked at 6.7 constant LCU per US$ of GDP in 1977 and was at its lowest, 1.24 constant LCU per US$ of GDP, in 2021.
That places New Zealand 139th out of 196 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 LCU), per unit of in New Zealand, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1977 | 6.7 constant LCU per US$ of GDP | — |
| 1978 | 5.62 constant LCU per US$ of GDP | -16.1% |
| 1979 | 5.12 constant LCU per US$ of GDP | -8.8% |
| 1980 | 4.61 constant LCU per US$ of GDP | -10.0% |
| 1981 | 4.57 constant LCU per US$ of GDP | -0.9% |
| 1982 | 4.67 constant LCU per US$ of GDP | +2.2% |
| 1983 | 4.8 constant LCU per US$ of GDP | +2.7% |
| 1984 | 5.64 constant LCU per US$ of GDP | +17.5% |
| 1985 | 5.07 constant LCU per US$ of GDP | -10.1% |
| 1986 | 4.32 constant LCU per US$ of GDP | -14.8% |
| 1987 | 3.3 constant LCU per US$ of GDP | -23.6% |
| 1988 | 2.94 constant LCU per US$ of GDP | -10.9% |
| 1989 | 3.02 constant LCU per US$ of GDP | +2.7% |
| 1990 | 2.92 constant LCU per US$ of GDP | -3.3% |
| 1991 | 3.08 constant LCU per US$ of GDP | +5.4% |
| 1992 | 3.19 constant LCU per US$ of GDP | +3.7% |
| 1993 | 3.02 constant LCU per US$ of GDP | -5.3% |
| 1994 | 2.68 constant LCU per US$ of GDP | -11.3% |
| 1995 | 2.43 constant LCU per US$ of GDP | -9.3% |
| 1996 | 2.29 constant LCU per US$ of GDP | -5.7% |
| 1997 | 2.48 constant LCU per US$ of GDP | +8.4% |
| 1998 | 2.94 constant LCU per US$ of GDP | +18.3% |
| 1999 | 2.96 constant LCU per US$ of GDP | +0.8% |
| 2000 | 3.41 constant LCU per US$ of GDP | +15.1% |
| 2001 | 3.44 constant LCU per US$ of GDP | +1.0% |
| 2002 | 2.91 constant LCU per US$ of GDP | -15.5% |
| 2003 | 2.3 constant LCU per US$ of GDP | -21.1% |
| 2004 | 2.03 constant LCU per US$ of GDP | -11.7% |
| 2005 | 1.9 constant LCU per US$ of GDP | -6.4% |
| 2006 | 2.01 constant LCU per US$ of GDP | +5.7% |
| 2007 | 1.68 constant LCU per US$ of GDP | -16.3% |
| 2008 | 1.71 constant LCU per US$ of GDP | +1.9% |
| 2009 | 1.88 constant LCU per US$ of GDP | +9.6% |
| 2010 | 1.58 constant LCU per US$ of GDP | -16.0% |
| 2011 | 1.41 constant LCU per US$ of GDP | -10.8% |
| 2012 | 1.37 constant LCU per US$ of GDP | -2.5% |
| 2013 | 1.3 constant LCU per US$ of GDP | -5.2% |
| 2014 | 1.28 constant LCU per US$ of GDP | -1.6% |
| 2015 | 1.5 constant LCU per US$ of GDP | +17.1% |
| 2016 | 1.46 constant LCU per US$ of GDP | -2.3% |
| 2017 | 1.38 constant LCU per US$ of GDP | -5.5% |
| 2018 | 1.39 constant LCU per US$ of GDP | +0.8% |
| 2019 | 1.42 constant LCU per US$ of GDP | +1.7% |
| 2020 | 1.42 constant LCU per US$ of GDP | -0.2% |
| 2021 | 1.24 constant LCU per US$ of GDP | -12.4% |
| 2022 | 1.3 constant LCU per US$ of GDP | +4.8% |
| 2023 | 1.29 constant LCU per US$ of GDP | -0.7% |
| 2024 | 1.26 constant LCU per US$ of GDP | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.82 constant LCU per US$ of GDP | 5.12 constant LCU per US$ of GDP | 6.7 constant LCU per US$ of GDP | 3 |
| 1980s | 4.29 constant LCU per US$ of GDP | 2.94 constant LCU per US$ of GDP | 5.64 constant LCU per US$ of GDP | 10 |
| 1990s | 2.8 constant LCU per US$ of GDP | 2.29 constant LCU per US$ of GDP | 3.19 constant LCU per US$ of GDP | 10 |
| 2000s | 2.33 constant LCU per US$ of GDP | 1.68 constant LCU per US$ of GDP | 3.44 constant LCU per US$ of GDP | 10 |
| 2010s | 1.41 constant LCU per US$ of GDP | 1.28 constant LCU per US$ of GDP | 1.58 constant LCU per US$ of GDP | 10 |
| 2020s | 1.3 constant LCU per US$ of GDP | 1.24 constant LCU per US$ of GDP | 1.42 constant LCU per US$ of GDP | 5 |
Countries ranked near New Zealand
- 136 Brunei Darussalam 1.34 constant LCU per US$ of GDP compare
- 137 Türkiye 1.34 constant LCU per US$ of GDP compare
- 138 Aruba 1.31 constant LCU per US$ of GDP compare
- 140 Bosnia and Herzegovina 1.12 constant LCU per US$ of GDP compare
- 141 Kiribati 1.1 constant LCU per US$ of GDP compare
- 142 Canada 1.05 constant LCU 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)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 9,511 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 0.9117 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2596 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,830 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 2.39 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.4289 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in New Zealand?
- Gross value added at basic prices (gva) (constant lcu), per unit of in New Zealand was 1.26 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in New Zealand?
- The highest recorded value was 6.7 constant LCU per US$ of GDP in 1977.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in New Zealand?
- The lowest recorded value was 1.24 constant LCU per US$ of GDP in 2021.
- How does New Zealand rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- New Zealand ranks 139th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.