Merchandise trade as a proportion of GDP (%) in New Zealand
New Zealand: Merchandise trade as a proportion of GDP (%) was 34.3% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in New Zealand, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
New Zealand recorded 34.3% for merchandise trade as a proportion of gdp in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 4.3% on the previous year and down 17.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in New Zealand peaked at 51.7% in 2000 and was at its lowest, 34.3%, in 2024.
That places New Zealand 181st out of 220 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 51.7% | — |
| 2001 | 50.2% | -2.9% |
| 2002 | 44.2% | -12.0% |
| 2003 | 39.8% | -10.0% |
| 2004 | 41.9% | +5.4% |
| 2005 | 41.8% | -0.3% |
| 2006 | 43.8% | +4.7% |
| 2007 | 42.1% | -3.7% |
| 2008 | 48.7% | +15.5% |
| 2009 | 41.5% | -14.7% |
| 2010 | 42.2% | +1.7% |
| 2011 | 44.4% | +5.1% |
| 2012 | 42.8% | -3.6% |
| 2013 | 41.4% | -3.3% |
| 2014 | 41.8% | +0.8% |
| 2015 | 39.8% | -4.7% |
| 2016 | 36.9% | -7.2% |
| 2017 | 37.8% | +2.4% |
| 2018 | 39.4% | +4.1% |
| 2019 | 38.4% | -2.4% |
| 2020 | 35.5% | -7.8% |
| 2021 | 37.3% | +5.1% |
| 2022 | 39.8% | +6.8% |
| 2023 | 35.8% | -10.1% |
| 2024 | 34.3% | -4.3% |
New Zealand compared with similar countries
- New Zealand's 34.3% is below the median for high income countries, which is 56.9%, 60% of the median. (73 countries reporting)
- New Zealand's 34.3% is below the median for East Asia & Pacific, which is 56.4%, 61% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.6% | 39.8% | 51.7% | 10 |
| 2010s | 40.5% | 36.9% | 44.4% | 10 |
| 2020s | 36.5% | 34.3% | 39.8% | 5 |
Countries ranked near New Zealand
- 178 Dominican Republic 35.1% compare
- 179 Barbados 34.9% compare
- 180 Bolivia (Plurinational State of) 34.6% compare
- 182 Chad 33.8% compare
- 183 Russian Federation 33.7% compare
- 183 Russia 33.7% compare
More economy & growth data for New Zealand
- Real gdp growth, annual growth rate 161.32 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in New Zealand?
- Merchandise trade as a proportion of gdp in New Zealand was 34.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in New Zealand?
- The highest recorded value was 51.7% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in New Zealand?
- The lowest recorded value was 34.3% in 2024.
- How does New Zealand rank for merchandise trade as a proportion of gdp?
- New Zealand ranks 181st out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in New Zealand?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is falling.
- Where does this New Zealand data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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