Services, value added (constant 2015 US$), annual growth rate (2015) in New Zealand
New Zealand: Services, value added (constant 2015 US$), annual growth rate (2015) was -0.1121 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in New Zealand, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded -0.1121 % change on previous year for services, value added (constant 2015 us$), annual growth rate in 2024.
That represents a change of down 105.8% on the previous year and down 103.2% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in New Zealand peaked at 8.95 % change on previous year in 1986 and was at its lowest, -0.1852 % change on previous year, in 2008.
New Zealand ranks 180th of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate (2015) in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 2.71 % change on previous year | — |
| 1979 | 1.14 % change on previous year | -57.8% |
| 1980 | 0.6125 % change on previous year | -46.5% |
| 1981 | 3.05 % change on previous year | +398.2% |
| 1982 | 0.8248 % change on previous year | -73.0% |
| 1983 | 4.12 % change on previous year | +399.0% |
| 1984 | 3.52 % change on previous year | -14.4% |
| 1985 | 3.67 % change on previous year | +4.0% |
| 1986 | 8.95 % change on previous year | +144.1% |
| 1987 | 1.2 % change on previous year | -86.5% |
| 1988 | 0.8149 % change on previous year | -32.3% |
| 1989 | 0.4236 % change on previous year | -48.0% |
| 1990 | 0.2375 % change on previous year | -43.9% |
| 1991 | 0.1847 % change on previous year | -22.2% |
| 1992 | 2.37 % change on previous year | +1182.9% |
| 1993 | 4.96 % change on previous year | +109.1% |
| 1994 | 4.76 % change on previous year | -3.9% |
| 1995 | 5.26 % change on previous year | +10.6% |
| 1996 | 2.91 % change on previous year | -44.7% |
| 1997 | 2.74 % change on previous year | -6.0% |
| 1998 | 2.49 % change on previous year | -9.1% |
| 1999 | 5.44 % change on previous year | +118.7% |
| 2000 | 3.82 % change on previous year | -29.9% |
| 2001 | 4.91 % change on previous year | +28.6% |
| 2002 | 3.88 % change on previous year | -21.0% |
| 2003 | 4.23 % change on previous year | +9.0% |
| 2004 | 4.8 % change on previous year | +13.7% |
| 2005 | 3.86 % change on previous year | -19.6% |
| 2006 | 3.91 % change on previous year | +1.3% |
| 2007 | 3.87 % change on previous year | -1.1% |
| 2008 | -0.1852 % change on previous year | -104.8% |
| 2009 | 0.0572 % change on previous year | -130.9% |
| 2010 | 2.78 % change on previous year | +4758.0% |
| 2011 | 2.74 % change on previous year | -1.3% |
| 2012 | 1.93 % change on previous year | -29.6% |
| 2013 | 3.27 % change on previous year | +69.6% |
| 2014 | 3.46 % change on previous year | +5.6% |
| 2015 | 3.67 % change on previous year | +6.3% |
| 2016 | 4.05 % change on previous year | +10.1% |
| 2017 | 3.88 % change on previous year | -4.1% |
| 2018 | 3.3 % change on previous year | -14.9% |
| 2019 | 2.79 % change on previous year | -15.5% |
| 2020 | -0.1772 % change on previous year | -106.3% |
| 2021 | 6.26 % change on previous year | -3633.9% |
| 2022 | 4.04 % change on previous year | -35.5% |
| 2023 | 1.92 % change on previous year | -52.4% |
| 2024 | -0.1121 % change on previous year | -105.8% |
New Zealand compared with similar countries
- New Zealand's -0.1121 % change on previous year is below the median for high income countries, which is 2.15 % change on previous year. (69 countries reporting)
- New Zealand's -0.1121 % change on previous year is below the median for East Asia & Pacific, which is 3.41 % change on previous year. (29 countries reporting)
Biggest year-on-year movements
Years where Services, value added (constant 2015 US$), annual growth rate (2015) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +4758.0% | 0.0572 % change on previous year | 2.78 % change on previous year |
| 2021 | +3633.9% | -0.1772 % change on previous year | 6.26 % change on previous year |
| 1992 | +1182.9% | 0.1847 % change on previous year | 2.37 % change on previous year |
| 1981 | +398.2% | 0.6125 % change on previous year | 3.05 % change on previous year |
| 1983 | +399.0% | 0.8248 % change on previous year | 4.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.93 % change on previous year | 1.14 % change on previous year | 2.71 % change on previous year | 2 |
| 1980s | 2.72 % change on previous year | 0.4236 % change on previous year | 8.95 % change on previous year | 10 |
| 1990s | 3.14 % change on previous year | 0.1847 % change on previous year | 5.44 % change on previous year | 10 |
| 2000s | 3.31 % change on previous year | -0.1852 % change on previous year | 4.91 % change on previous year | 10 |
| 2010s | 3.19 % change on previous year | 1.93 % change on previous year | 4.05 % change on previous year | 10 |
| 2020s | 2.39 % change on previous year | -0.1772 % change on previous year | 6.26 % change on previous year | 5 |
Countries ranked near New Zealand
- 177 Slovakia 0.0861 % change on previous year compare
- 178 South Africa 0 % change on previous year compare
- 179 Cuba -0.0514 % change on previous year compare
- 181 Estonia -0.1134 % change on previous year compare
- 182 Finland -0.1331 % change on previous year compare
- 183 Romania -0.1701 % change on previous year 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in New Zealand?
- Services, value added (constant 2015 us$), annual growth rate in New Zealand was -0.1121 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in New Zealand?
- The highest recorded value was 8.95 % change on previous year in 1986.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in New Zealand?
- The lowest recorded value was -0.1852 % change on previous year in 2008.
- How does New Zealand rank for services, value added (constant 2015 us$), annual growth rate?
- New Zealand ranks 180th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 103.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.