Net primary income (Net income from abroad) in New Zealand
New Zealand: Net primary income (Net income from abroad) was -7.06 billion current US$ in 2024. ◆ Volatile
Net primary income (Net income from abroad) in New Zealand, 1971–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, net primary income (net income from abroad) in New Zealand stood at -7.06 billion current US$.
Compared with earlier readings it is up 6.3% on the previous year and up 13.0% over ten years.
Over the whole period, net primary income (net income from abroad) in New Zealand peaked at -98.10 million current US$ in 1971 and was at its lowest, -9.78 billion current US$, in 2007.
That places New Zealand 173rd out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (Net income from abroad) in New Zealand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1971 | -98.10 million current US$ | — |
| 1972 | -158.00 million current US$ | +61.1% |
| 1973 | -198.97 million current US$ | +25.9% |
| 1974 | -191.67 million current US$ | -3.7% |
| 1975 | -286.88 million current US$ | +49.7% |
| 1976 | -426.73 million current US$ | +48.8% |
| 1977 | -455.22 million current US$ | +6.7% |
| 1978 | -609.32 million current US$ | +33.9% |
| 1979 | -528.90 million current US$ | -13.2% |
| 1980 | -594.48 million current US$ | +12.4% |
| 1981 | -657.73 million current US$ | +10.6% |
| 1982 | -748.00 million current US$ | +13.7% |
| 1983 | -1.01 billion current US$ | +34.9% |
| 1984 | -1.17 billion current US$ | +16.3% |
| 1985 | -1.47 billion current US$ | +25.5% |
| 1986 | -1.57 billion current US$ | +6.5% |
| 1987 | -2.19 billion current US$ | +39.9% |
| 1988 | -2.03 billion current US$ | -7.6% |
| 1989 | -1.98 billion current US$ | -2.4% |
| 1990 | -1.90 billion current US$ | -4.2% |
| 1991 | -2.88 billion current US$ | +51.6% |
| 1992 | -2.69 billion current US$ | -6.3% |
| 1993 | -3.37 billion current US$ | +25.0% |
| 1994 | -3.75 billion current US$ | +11.4% |
| 1995 | -4.02 billion current US$ | +7.0% |
| 1996 | -5.22 billion current US$ | +30.1% |
| 1997 | -3.96 billion current US$ | -24.2% |
| 1998 | -2.57 billion current US$ | -35.0% |
| 1999 | -3.52 billion current US$ | +36.6% |
| 2000 | -2.99 billion current US$ | -15.0% |
| 2001 | -2.73 billion current US$ | -8.8% |
| 2002 | -3.36 billion current US$ | +23.1% |
| 2003 | -4.19 billion current US$ | +24.9% |
| 2004 | -5.85 billion current US$ | +39.6% |
| 2005 | -7.41 billion current US$ | +26.6% |
| 2006 | -7.49 billion current US$ | +1.0% |
| 2007 | -9.78 billion current US$ | +30.7% |
| 2008 | -9.66 billion current US$ | -1.3% |
| 2009 | -4.97 billion current US$ | -48.5% |
| 2010 | -7.28 billion current US$ | +46.4% |
| 2011 | -7.63 billion current US$ | +4.7% |
| 2012 | -7.33 billion current US$ | -3.9% |
| 2013 | -7.52 billion current US$ | +2.6% |
| 2014 | -8.11 billion current US$ | +7.8% |
| 2015 | -5.96 billion current US$ | -26.6% |
| 2016 | -6.18 billion current US$ | +3.7% |
| 2017 | -7.87 billion current US$ | +27.4% |
| 2018 | -7.78 billion current US$ | -1.1% |
| 2019 | -5.43 billion current US$ | -30.2% |
| 2020 | -4.20 billion current US$ | -22.7% |
| 2021 | -6.90 billion current US$ | +64.3% |
| 2022 | -8.26 billion current US$ | +19.6% |
| 2023 | -7.53 billion current US$ | -8.8% |
| 2024 | -7.06 billion current US$ | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -328.20 million current US$ | -609.32 million current US$ | -98.10 million current US$ | 9 |
| 1980s | -1.34 billion current US$ | -2.19 billion current US$ | -594.48 million current US$ | 10 |
| 1990s | -3.39 billion current US$ | -5.22 billion current US$ | -1.90 billion current US$ | 10 |
| 2000s | -5.84 billion current US$ | -9.78 billion current US$ | -2.73 billion current US$ | 10 |
| 2010s | -7.11 billion current US$ | -8.11 billion current US$ | -5.43 billion current US$ | 10 |
| 2020s | -6.79 billion current US$ | -8.26 billion current US$ | -4.20 billion current US$ | 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)
- Gross capital formation (current US$), annual growth rate -2.21 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2309 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 11,415 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -0.7776 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3816 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 18,862 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is net primary income (net income from abroad) in New Zealand?
- Net primary income (net income from abroad) in New Zealand was -7.06 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net primary income (net income from abroad) recorded in New Zealand?
- The highest recorded value was -98.10 million current US$ in 1971.
- What is the lowest net primary income (net income from abroad) recorded in New Zealand?
- The lowest recorded value was -9.78 billion current US$ in 2007.
- How does New Zealand rank for net primary income (net income from abroad)?
- New Zealand ranks 173rd out of 209 countries with data for 2024.
- Is net primary income (net income from abroad) rising or falling in New Zealand?
- Over the last ten years it is up 13.0%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net primary income (Net income from abroad) (current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.