Value of imported goods as a share of GDP in New Zealand
New Zealand: Value of imported goods as a share of GDP was 18.2% in 2024. ▲ Rising
Latest (2024)
18.2%
Change on year
down 7.6%
World rank
163rd
of 201 countries
All-time high
26.7%
in 1984
All-time low
11.0%
in 1962
Years of data
65
1960–2024
Value of imported goods as a share of GDP in New Zealand, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
New Zealand recorded 18.2% for value of imported goods as a share of gdp in 2024.
The figure is down 7.6% on the previous year and down 13.1% over ten years.
Over the whole period, value of imported goods as a share of gdp in New Zealand peaked at 26.7% in 1984 and was at its lowest, 11.0%, in 1962.
That places New Zealand 163rd out of 201 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 12.6% | — |
| 1961 | 14.6% | +16.3% |
| 1962 | 11.0% | -24.7% |
| 1963 | 12.4% | +12.6% |
| 1964 | 11.9% | -3.8% |
| 1965 | 16.8% | +40.7% |
| 1966 | 16.8% | +0.2% |
| 1967 | 14.4% | -14.1% |
| 1968 | 15.7% | +8.8% |
| 1969 | 16.4% | +4.5% |
| 1970 | 18.2% | +10.7% |
| 1971 | 16.2% | -11.1% |
| 1972 | 15.2% | -6.0% |
| 1973 | 16.1% | +6.1% |
| 1974 | 24.8% | +53.5% |
| 1975 | 23.3% | -5.8% |
| 1976 | 22.8% | -2.2% |
| 1977 | 20.6% | -9.6% |
| 1978 | 17.5% | -15.2% |
| 1979 | 20.9% | +19.3% |
| 1980 | 22.5% | +7.9% |
| 1981 | 22.5% | +0.0% |
| 1982 | 22.7% | +0.8% |
| 1983 | 20.7% | -9.0% |
| 1984 | 26.7% | +29.0% |
| 1985 | 22.4% | -16.0% |
| 1986 | 18.0% | -19.4% |
| 1987 | 16.7% | -7.6% |
| 1988 | 15.3% | -8.3% |
| 1989 | 19.0% | +24.1% |
| 1990 | 20.7% | +9.3% |
| 1991 | 19.4% | -6.4% |
| 1992 | 21.8% | +12.4% |
| 1993 | 20.4% | -6.6% |
| 1994 | 21.3% | +4.7% |
| 1995 | 21.3% | -0.1% |
| 1996 | 20.8% | -2.4% |
| 1997 | 21.9% | +5.5% |
| 1998 | 22.2% | +1.5% |
| 1999 | 24.3% | +9.4% |
| 2000 | 26.4% | +8.4% |
| 2001 | 24.7% | -6.5% |
| 2002 | 22.2% | -10.1% |
| 2003 | 20.9% | -5.6% |
| 2004 | 22.2% | +6.2% |
| 2005 | 22.8% | +2.5% |
| 2006 | 23.6% | +3.8% |
| 2007 | 22.4% | -5.1% |
| 2008 | 25.6% | +14.0% |
| 2009 | 21.0% | -18.0% |
| 2010 | 20.8% | -0.7% |
| 2011 | 21.8% | +4.6% |
| 2012 | 21.7% | -0.4% |
| 2013 | 20.7% | -4.7% |
| 2014 | 20.9% | +1.2% |
| 2015 | 20.4% | -2.4% |
| 2016 | 19.1% | -6.3% |
| 2017 | 19.4% | +1.2% |
| 2018 | 20.5% | +5.9% |
| 2019 | 19.8% | -3.4% |
| 2020 | 17.4% | -12.0% |
| 2021 | 17.5% | +0.5% |
| 2022 | 21.9% | +25.1% |
| 2023 | 19.7% | -10.2% |
| 2024 | 18.2% | -7.6% |
New Zealand compared with similar countries
- New Zealand's 18.2% is below the median for high income countries, which is 30.7%, 59% of the median. (73 countries reporting)
- New Zealand's 18.2% is below the median for East Asia & Pacific, which is 41.2%, 44% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.3% | 11.0% | 16.8% | 10 |
| 1970s | 19.6% | 15.2% | 24.8% | 10 |
| 1980s | 20.6% | 15.3% | 26.7% | 10 |
| 1990s | 21.4% | 19.4% | 24.3% | 10 |
| 2000s | 23.2% | 20.9% | 26.4% | 10 |
| 2010s | 20.5% | 19.1% | 21.8% | 10 |
| 2020s | 18.9% | 17.4% | 21.9% | 5 |
Countries ranked near New Zealand
- 160 Tanzania, United Republic of 18.7% compare
- 161 Sri Lanka 18.4% compare
- 162 Gabon 18.4% compare
- 164 Bolivia, Plurinational State of 17.8% compare
- 165 Japan 17.7% compare
- 166 Saudi Arabia 17.6% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in New Zealand?
- Value of imported goods as a share of gdp in New Zealand was 18.2% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in New Zealand?
- The highest recorded value was 26.7% in 1984.
- What is the lowest value of imported goods as a share of gdp recorded in New Zealand?
- The lowest recorded value was 11.0% in 1962.
- How does New Zealand rank for value of imported goods as a share of gdp?
- New Zealand ranks 163rd out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in New Zealand?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).