Gross value added at basic prices (GVA) (current LCU), per unit of GDP in New Zealand
New Zealand: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 1.49 current LCU per US$ of GDP in 2023. ▲ Rising
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in New Zealand, 1971–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, gross value added at basic prices (gva) (current lcu), per unit of gdp in New Zealand stood at 1.49 current LCU per US$ of GDP.
That represents a change of up 3.3% on the previous year and up 33.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in New Zealand peaked at 2.23 current LCU per US$ of GDP in 2001 and was at its lowest, 0.7075 current LCU per US$ of GDP, in 1973.
New Zealand ranks 148th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in New Zealand, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1971 | 0.8555 current LCU per US$ of GDP | — |
| 1972 | 0.8121 current LCU per US$ of GDP | -5.1% |
| 1973 | 0.7075 current LCU per US$ of GDP | -12.9% |
| 1974 | 0.7137 current LCU per US$ of GDP | +0.9% |
| 1975 | 0.8743 current LCU per US$ of GDP | +22.5% |
| 1976 | 1.01 current LCU per US$ of GDP | +15.9% |
| 1977 | 1 current LCU per US$ of GDP | -1.2% |
| 1978 | 0.9465 current LCU per US$ of GDP | -5.5% |
| 1979 | 0.9867 current LCU per US$ of GDP | +4.2% |
| 1980 | 1.02 current LCU per US$ of GDP | +3.9% |
| 1981 | 1.19 current LCU per US$ of GDP | +15.6% |
| 1982 | 1.36 current LCU per US$ of GDP | +14.4% |
| 1983 | 1.5 current LCU per US$ of GDP | +10.7% |
| 1984 | 1.9 current LCU per US$ of GDP | +26.4% |
| 1985 | 1.93 current LCU per US$ of GDP | +1.7% |
| 1986 | 1.82 current LCU per US$ of GDP | -5.6% |
| 1987 | 1.51 current LCU per US$ of GDP | -17.3% |
| 1988 | 1.46 current LCU per US$ of GDP | -2.9% |
| 1989 | 1.57 current LCU per US$ of GDP | +7.6% |
| 1990 | 1.55 current LCU per US$ of GDP | -1.2% |
| 1991 | 1.65 current LCU per US$ of GDP | +6.3% |
| 1992 | 1.75 current LCU per US$ of GDP | +5.8% |
| 1993 | 1.68 current LCU per US$ of GDP | -3.8% |
| 1994 | 1.52 current LCU per US$ of GDP | -9.7% |
| 1995 | 1.39 current LCU per US$ of GDP | -8.1% |
| 1996 | 1.33 current LCU per US$ of GDP | -4.3% |
| 1997 | 1.47 current LCU per US$ of GDP | +10.2% |
| 1998 | 1.77 current LCU per US$ of GDP | +20.2% |
| 1999 | 1.79 current LCU per US$ of GDP | +1.4% |
| 2000 | 2.12 current LCU per US$ of GDP | +18.3% |
| 2001 | 2.23 current LCU per US$ of GDP | +5.0% |
| 2002 | 1.89 current LCU per US$ of GDP | -15.3% |
| 2003 | 1.52 current LCU per US$ of GDP | -19.3% |
| 2004 | 1.38 current LCU per US$ of GDP | -9.2% |
| 2005 | 1.32 current LCU per US$ of GDP | -4.6% |
| 2006 | 1.42 current LCU per US$ of GDP | +8.0% |
| 2007 | 1.26 current LCU per US$ of GDP | -11.6% |
| 2008 | 1.32 current LCU per US$ of GDP | +4.7% |
| 2009 | 1.48 current LCU per US$ of GDP | +12.7% |
| 2010 | 1.28 current LCU per US$ of GDP | -13.8% |
| 2011 | 1.16 current LCU per US$ of GDP | -9.3% |
| 2012 | 1.13 current LCU per US$ of GDP | -2.6% |
| 2013 | 1.12 current LCU per US$ of GDP | -1.0% |
| 2014 | 1.11 current LCU per US$ of GDP | -1.2% |
| 2015 | 1.31 current LCU per US$ of GDP | +18.8% |
| 2016 | 1.31 current LCU per US$ of GDP | -0.1% |
| 2017 | 1.29 current LCU per US$ of GDP | -1.9% |
| 2018 | 1.32 current LCU per US$ of GDP | +2.7% |
| 2019 | 1.39 current LCU per US$ of GDP | +4.9% |
| 2020 | 1.42 current LCU per US$ of GDP | +1.9% |
| 2021 | 1.29 current LCU per US$ of GDP | -8.5% |
| 2022 | 1.44 current LCU per US$ of GDP | +11.6% |
| 2023 | 1.49 current LCU per US$ of GDP | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.879 current LCU per US$ of GDP | 0.7075 current LCU per US$ of GDP | 1.01 current LCU per US$ of GDP | 9 |
| 1980s | 1.53 current LCU per US$ of GDP | 1.02 current LCU per US$ of GDP | 1.93 current LCU per US$ of GDP | 10 |
| 1990s | 1.59 current LCU per US$ of GDP | 1.33 current LCU per US$ of GDP | 1.79 current LCU per US$ of GDP | 10 |
| 2000s | 1.59 current LCU per US$ of GDP | 1.26 current LCU per US$ of GDP | 2.23 current LCU per US$ of GDP | 10 |
| 2010s | 1.24 current LCU per US$ of GDP | 1.11 current LCU per US$ of GDP | 1.39 current LCU per US$ of GDP | 10 |
| 2020s | 1.41 current LCU per US$ of GDP | 1.29 current LCU per US$ of GDP | 1.49 current LCU per US$ of GDP | 4 |
Countries ranked near New Zealand
- 145 Kiribati 1.55 current LCU per US$ of GDP compare
- 146 Azerbaijan 1.54 current LCU per US$ of GDP compare
- 147 Curaçao 1.52 current LCU per US$ of GDP compare
- 149 Bosnia and Herzegovina 1.45 current LCU per US$ of GDP compare
- 150 Australia 1.45 current LCU per US$ of GDP compare
- 151 Brunei Darussalam 1.33 current 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0827 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current US$), per capita 4,076 current US$ per person (2023)
- Manufacturing, value added (current LCU), per unit of GDP 0.1346 current LCU per US$ of GDP (2023)
- Manufacturing, value added (current LCU), per capita 6,637 current LCU per person (2023)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0749 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 3,702 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per unit of gdp in New Zealand?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in New Zealand was 1.49 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in New Zealand?
- The highest recorded value was 2.23 current LCU per US$ of GDP in 2001.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.7075 current LCU per US$ of GDP in 1973.
- How does New Zealand rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- New Zealand ranks 148th out of 205 countries with data for 2023.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is rising.
- 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) (current 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) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
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) (current 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.