Gross value added at basic prices (GVA) (current US$), per unit of GDP in New Zealand
New Zealand: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.9168 current US$ per US$ of GDP in 2023. ▼ Falling
Gross value added at basic prices (GVA) (current US$), per unit of GDP in New Zealand, 1971–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), per unit of gdp in New Zealand is 0.9168 current US$ per US$ of GDP, measured in 2023.
That represents a change of up 0.1% on the previous year and down 0.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in New Zealand peaked at 0.9893 current US$ per US$ of GDP in 1978 and was at its lowest, 0.9137 current US$ per US$ of GDP, in 2016.
New Zealand ranks 103rd of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Gross value added at basic prices (GVA) (current US$), per unit of GDP in New Zealand, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1971 | 0.9873 current US$ per US$ of GDP | — |
| 1972 | 0.987 current US$ per US$ of GDP | -0.0% |
| 1973 | 0.9845 current US$ per US$ of GDP | -0.3% |
| 1974 | 0.9841 current US$ per US$ of GDP | -0.0% |
| 1975 | 0.9874 current US$ per US$ of GDP | +0.3% |
| 1976 | 0.9875 current US$ per US$ of GDP | +0.0% |
| 1977 | 0.9889 current US$ per US$ of GDP | +0.1% |
| 1978 | 0.9893 current US$ per US$ of GDP | +0.0% |
| 1979 | 0.9884 current US$ per US$ of GDP | -0.1% |
| 1980 | 0.9889 current US$ per US$ of GDP | +0.1% |
| 1981 | 0.9866 current US$ per US$ of GDP | -0.2% |
| 1982 | 0.9876 current US$ per US$ of GDP | +0.1% |
| 1983 | 0.9866 current US$ per US$ of GDP | -0.1% |
| 1984 | 0.9836 current US$ per US$ of GDP | -0.3% |
| 1985 | 0.9868 current US$ per US$ of GDP | +0.3% |
| 1986 | 0.9614 current US$ per US$ of GDP | -2.6% |
| 1987 | 0.932 current US$ per US$ of GDP | -3.1% |
| 1988 | 0.9412 current US$ per US$ of GDP | +1.0% |
| 1989 | 0.9306 current US$ per US$ of GDP | -1.1% |
| 1990 | 0.9286 current US$ per US$ of GDP | -0.2% |
| 1991 | 0.9294 current US$ per US$ of GDP | +0.1% |
| 1992 | 0.9293 current US$ per US$ of GDP | -0.0% |
| 1993 | 0.9294 current US$ per US$ of GDP | +0.0% |
| 1994 | 0.9261 current US$ per US$ of GDP | -0.4% |
| 1995 | 0.9261 current US$ per US$ of GDP | -0.0% |
| 1996 | 0.9254 current US$ per US$ of GDP | -0.1% |
| 1997 | 0.9267 current US$ per US$ of GDP | +0.1% |
| 1998 | 0.9302 current US$ per US$ of GDP | +0.4% |
| 1999 | 0.9304 current US$ per US$ of GDP | +0.0% |
| 2000 | 0.9315 current US$ per US$ of GDP | +0.1% |
| 2001 | 0.9321 current US$ per US$ of GDP | +0.1% |
| 2002 | 0.9292 current US$ per US$ of GDP | -0.3% |
| 2003 | 0.9289 current US$ per US$ of GDP | -0.0% |
| 2004 | 0.9281 current US$ per US$ of GDP | -0.1% |
| 2005 | 0.9277 current US$ per US$ of GDP | -0.0% |
| 2006 | 0.9231 current US$ per US$ of GDP | -0.5% |
| 2007 | 0.9244 current US$ per US$ of GDP | +0.1% |
| 2008 | 0.926 current US$ per US$ of GDP | +0.2% |
| 2009 | 0.9272 current US$ per US$ of GDP | +0.1% |
| 2010 | 0.9218 current US$ per US$ of GDP | -0.6% |
| 2011 | 0.9166 current US$ per US$ of GDP | -0.6% |
| 2012 | 0.9159 current US$ per US$ of GDP | -0.1% |
| 2013 | 0.918 current US$ per US$ of GDP | +0.2% |
| 2014 | 0.9174 current US$ per US$ of GDP | -0.1% |
| 2015 | 0.9163 current US$ per US$ of GDP | -0.1% |
| 2016 | 0.9137 current US$ per US$ of GDP | -0.3% |
| 2017 | 0.9151 current US$ per US$ of GDP | +0.1% |
| 2018 | 0.9156 current US$ per US$ of GDP | +0.1% |
| 2019 | 0.9144 current US$ per US$ of GDP | -0.1% |
| 2020 | 0.9176 current US$ per US$ of GDP | +0.4% |
| 2021 | 0.9156 current US$ per US$ of GDP | -0.2% |
| 2022 | 0.9161 current US$ per US$ of GDP | +0.1% |
| 2023 | 0.9168 current US$ per US$ of GDP | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9872 current US$ per US$ of GDP | 0.9841 current US$ per US$ of GDP | 0.9893 current US$ per US$ of GDP | 9 |
| 1980s | 0.9685 current US$ per US$ of GDP | 0.9306 current US$ per US$ of GDP | 0.9889 current US$ per US$ of GDP | 10 |
| 1990s | 0.9282 current US$ per US$ of GDP | 0.9254 current US$ per US$ of GDP | 0.9304 current US$ per US$ of GDP | 10 |
| 2000s | 0.9278 current US$ per US$ of GDP | 0.9231 current US$ per US$ of GDP | 0.9321 current US$ per US$ of GDP | 10 |
| 2010s | 0.9165 current US$ per US$ of GDP | 0.9137 current US$ per US$ of GDP | 0.9218 current US$ per US$ of GDP | 10 |
| 2020s | 0.9165 current US$ per US$ of GDP | 0.9156 current US$ per US$ of GDP | 0.9176 current US$ per US$ of GDP | 4 |
Countries ranked near New Zealand
- 100 Cameroon 0.9198 current US$ per US$ of GDP compare
- 101 Malta 0.9188 current US$ per US$ of GDP compare
- 102 Côte d'Ivoire 0.9186 current US$ per US$ of GDP compare
- 104 Russian Federation 0.9161 current US$ per US$ of GDP compare
- 105 Burkina Faso 0.9152 current US$ per US$ of GDP compare
- 106 Czechia 0.9146 current 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)
- Services, value added (current US$), annual growth rate 3.93 % change on previous year (2023)
- Services, value added (current US$), per unit of GDP 0.6823 current US$ per US$ of GDP (2023)
- Services, value added (current US$), per capita 33,641 current US$ per person (2023)
- Services, value added (current LCU), annual growth rate 7.31 % change on previous year (2023)
- Services, value added (current LCU), per unit of GDP 1.11 current LCU per US$ of GDP (2023)
- Services, value added (current LCU), per capita 54,782 current LCU per person (2023)
- Services, value added (constant 2015 US$), annual growth rate -0.1121 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5794 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per unit of gdp in New Zealand?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in New Zealand was 0.9168 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in New Zealand?
- The highest recorded value was 0.9893 current US$ per US$ of GDP in 1978.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.9137 current US$ per US$ of GDP in 2016.
- How does New Zealand rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- New Zealand ranks 103rd out of 205 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is falling.
- 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.