NAAG Chapter 3: Expenditure — Terms of trade in New Zealand
New Zealand: NAAG Chapter 3: Expenditure — Terms of trade was 99.27 Index in 2024. ▲ Rising
NAAG Chapter 3: Expenditure — Terms of trade in New Zealand, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for naag chapter 3: expenditure — terms of trade in New Zealand is 99.27 Index, measured in 2024.
That represents a change of up 3.8% on the previous year and up 1.7% over ten years.
Over the whole period, naag chapter 3: expenditure — terms of trade in New Zealand peaked at 101.27 Index in 2021 and was at its lowest, 59.35 Index, in 1975.
New Zealand ranks 20th of 33 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
NAAG Chapter 3: Expenditure — Terms of trade in New Zealand, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 69.28 Index | — |
| 1971 | 74.55 Index | +7.6% |
| 1972 | 87.99 Index | +18.0% |
| 1973 | 95.9 Index | +9.0% |
| 1974 | 69.5 Index | -27.5% |
| 1975 | 59.35 Index | -14.6% |
| 1976 | 62.38 Index | +5.1% |
| 1977 | 65.26 Index | +4.6% |
| 1978 | 70.72 Index | +8.4% |
| 1979 | 70.29 Index | -0.6% |
| 1980 | 64.44 Index | -8.3% |
| 1981 | 65.45 Index | +1.6% |
| 1982 | 65.45 Index | +0.0% |
| 1983 | 65.07 Index | -0.6% |
| 1984 | 63.92 Index | -1.8% |
| 1985 | 64.32 Index | +0.6% |
| 1986 | 68.61 Index | +6.7% |
| 1987 | 74.56 Index | +8.7% |
| 1988 | 78.87 Index | +5.8% |
| 1989 | 81.23 Index | +3.0% |
| 1990 | 75.79 Index | -6.7% |
| 1991 | 73.87 Index | -2.5% |
| 1992 | 73.72 Index | -0.2% |
| 1993 | 75.25 Index | +2.1% |
| 1994 | 76.64 Index | +1.8% |
| 1995 | 76.37 Index | -0.3% |
| 1996 | 77.27 Index | +1.2% |
| 1997 | 74.9 Index | -3.1% |
| 1998 | 74.38 Index | -0.7% |
| 1999 | 72.82 Index | -2.1% |
| 2000 | 74.5 Index | +2.3% |
| 2001 | 76.82 Index | +3.1% |
| 2002 | 75.86 Index | -1.3% |
| 2003 | 80.64 Index | +6.3% |
| 2004 | 84.19 Index | +4.4% |
| 2005 | 83.54 Index | -0.8% |
| 2006 | 82.38 Index | -1.4% |
| 2007 | 89.14 Index | +8.2% |
| 2008 | 87.65 Index | -1.7% |
| 2009 | 83.73 Index | -4.5% |
| 2010 | 90.3 Index | +7.9% |
| 2011 | 91.61 Index | +1.5% |
| 2012 | 87.61 Index | -4.4% |
| 2013 | 97.78 Index | +11.6% |
| 2014 | 97.59 Index | -0.2% |
| 2015 | 94.67 Index | -3.0% |
| 2016 | 97.35 Index | +2.8% |
| 2017 | 101.17 Index | +3.9% |
| 2018 | 98.55 Index | -2.6% |
| 2019 | 100.83 Index | +2.3% |
| 2020 | 100 Index | -0.8% |
| 2021 | 101.27 Index | +1.3% |
| 2022 | 96.37 Index | -4.8% |
| 2023 | 95.67 Index | -0.7% |
| 2024 | 99.27 Index | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 72.52 Index | 59.35 Index | 95.9 Index | 10 |
| 1980s | 69.19 Index | 63.92 Index | 81.23 Index | 10 |
| 1990s | 75.1 Index | 72.82 Index | 77.27 Index | 10 |
| 2000s | 81.84 Index | 74.5 Index | 89.14 Index | 10 |
| 2010s | 95.75 Index | 87.61 Index | 101.17 Index | 10 |
| 2020s | 98.51 Index | 95.67 Index | 101.27 Index | 5 |
Countries ranked near New Zealand
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)
- Total reserves minus gold (current US$), annual growth rate 27.59 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1066 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 5,287 current US$ per person (2025)
- General government final consumption expenditure (current US$) 2.01 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2106 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 10,410 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 3.5 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3479 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is naag chapter 3: expenditure — terms of trade in New Zealand?
- Naag chapter 3: expenditure — terms of trade in New Zealand was 99.27 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3: expenditure — terms of trade recorded in New Zealand?
- The highest recorded value was 101.27 Index in 2021.
- What is the lowest naag chapter 3: expenditure — terms of trade recorded in New Zealand?
- The lowest recorded value was 59.35 Index in 1975.
- How does New Zealand rank for naag chapter 3: expenditure — terms of trade?
- New Zealand ranks 20th out of 33 countries with data for 2024.
- Is naag chapter 3: expenditure — terms of trade rising or falling in New Zealand?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3: Expenditure — Terms of trade. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.