Services, value added (constant 2015 US$) in New Zealand
New Zealand: Services, value added (constant 2015 US$) was 151.50 billion constant 2015 US$ in 2024. ▲ Rising
Services, value added in New Zealand, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
New Zealand recorded 151.50 billion constant 2015 US$ for services, value added in 2024.
The figure is down 0.1% on the previous year and up 33.7% over ten years.
Over the whole period, services, value added in New Zealand peaked at 151.67 billion constant 2015 US$ in 2023 and was at its lowest, 38.68 billion constant 2015 US$, in 1977.
That places New Zealand 47th out of 196 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Services, value added (constant 2015 US$) in New Zealand, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1977 | 38.68 billion constant 2015 US$ | — |
| 1978 | 39.73 billion constant 2015 US$ | +2.7% |
| 1979 | 40.18 billion constant 2015 US$ | +1.1% |
| 1980 | 40.43 billion constant 2015 US$ | +0.6% |
| 1981 | 41.66 billion constant 2015 US$ | +3.1% |
| 1982 | 42.00 billion constant 2015 US$ | +0.8% |
| 1983 | 43.73 billion constant 2015 US$ | +4.1% |
| 1984 | 45.27 billion constant 2015 US$ | +3.5% |
| 1985 | 46.93 billion constant 2015 US$ | +3.7% |
| 1986 | 51.13 billion constant 2015 US$ | +8.9% |
| 1987 | 51.75 billion constant 2015 US$ | +1.2% |
| 1988 | 52.17 billion constant 2015 US$ | +0.8% |
| 1989 | 52.39 billion constant 2015 US$ | +0.4% |
| 1990 | 52.51 billion constant 2015 US$ | +0.2% |
| 1991 | 52.61 billion constant 2015 US$ | +0.2% |
| 1992 | 53.86 billion constant 2015 US$ | +2.4% |
| 1993 | 56.53 billion constant 2015 US$ | +5.0% |
| 1994 | 59.22 billion constant 2015 US$ | +4.8% |
| 1995 | 62.34 billion constant 2015 US$ | +5.3% |
| 1996 | 64.15 billion constant 2015 US$ | +2.9% |
| 1997 | 65.91 billion constant 2015 US$ | +2.7% |
| 1998 | 67.55 billion constant 2015 US$ | +2.5% |
| 1999 | 71.22 billion constant 2015 US$ | +5.4% |
| 2000 | 73.94 billion constant 2015 US$ | +3.8% |
| 2001 | 77.57 billion constant 2015 US$ | +4.9% |
| 2002 | 80.58 billion constant 2015 US$ | +3.9% |
| 2003 | 83.98 billion constant 2015 US$ | +4.2% |
| 2004 | 88.02 billion constant 2015 US$ | +4.8% |
| 2005 | 91.42 billion constant 2015 US$ | +3.9% |
| 2006 | 94.99 billion constant 2015 US$ | +3.9% |
| 2007 | 98.67 billion constant 2015 US$ | +3.9% |
| 2008 | 98.48 billion constant 2015 US$ | -0.2% |
| 2009 | 98.54 billion constant 2015 US$ | +0.1% |
| 2010 | 101.28 billion constant 2015 US$ | +2.8% |
| 2011 | 104.05 billion constant 2015 US$ | +2.7% |
| 2012 | 106.06 billion constant 2015 US$ | +1.9% |
| 2013 | 109.53 billion constant 2015 US$ | +3.3% |
| 2014 | 113.31 billion constant 2015 US$ | +3.5% |
| 2015 | 117.48 billion constant 2015 US$ | +3.7% |
| 2016 | 122.23 billion constant 2015 US$ | +4.0% |
| 2017 | 126.98 billion constant 2015 US$ | +3.9% |
| 2018 | 131.17 billion constant 2015 US$ | +3.3% |
| 2019 | 134.84 billion constant 2015 US$ | +2.8% |
| 2020 | 134.60 billion constant 2015 US$ | -0.2% |
| 2021 | 143.03 billion constant 2015 US$ | +6.3% |
| 2022 | 148.81 billion constant 2015 US$ | +4.0% |
| 2023 | 151.67 billion constant 2015 US$ | +1.9% |
| 2024 | 151.50 billion constant 2015 US$ | -0.1% |
New Zealand compared with similar countries
- New Zealand's 151.50 billion constant 2015 US$ is above the median for high income countries, which is 67.86 billion constant 2015 US$, 2.2× the median. (69 countries reporting)
- New Zealand's 151.50 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 14.44 billion constant 2015 US$, 10.5× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.53 billion constant 2015 US$ | 38.68 billion constant 2015 US$ | 40.18 billion constant 2015 US$ | 3 |
| 1980s | 46.75 billion constant 2015 US$ | 40.43 billion constant 2015 US$ | 52.39 billion constant 2015 US$ | 10 |
| 1990s | 60.59 billion constant 2015 US$ | 52.51 billion constant 2015 US$ | 71.22 billion constant 2015 US$ | 10 |
| 2000s | 88.62 billion constant 2015 US$ | 73.94 billion constant 2015 US$ | 98.67 billion constant 2015 US$ | 10 |
| 2010s | 116.69 billion constant 2015 US$ | 101.28 billion constant 2015 US$ | 134.84 billion constant 2015 US$ | 10 |
| 2020s | 145.92 billion constant 2015 US$ | 134.60 billion constant 2015 US$ | 151.67 billion constant 2015 US$ | 5 |
Countries ranked near New Zealand
- 44 Finland 162.11 billion constant 2015 US$ compare
- 45 Portugal 161.91 billion constant 2015 US$ compare
- 46 Greece 151.56 billion constant 2015 US$ compare
- 48 Kazakhstan 143.89 billion constant 2015 US$ compare
- 49 Romania 139.10 billion constant 2015 US$ compare
- 50 Czechia 133.36 billion constant 2015 US$ 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 in New Zealand?
- Services, value added in New Zealand was 151.50 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in New Zealand?
- The highest recorded value was 151.67 billion constant 2015 US$ in 2023.
- What is the lowest services, value added recorded in New Zealand?
- The lowest recorded value was 38.68 billion constant 2015 US$ in 1977.
- How does New Zealand rank for services, value added?
- New Zealand ranks 47th out of 196 countries with data for 2024.
- Is services, value added rising or falling in New Zealand?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.