Services, value added (constant LCU), annual growth rate in New Zealand
New Zealand: Services, value added (constant LCU), annual growth rate was -0.1118 % change on previous year in 2024. ◆ Volatile
Services, value added (constant LCU), annual growth rate in New Zealand, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded -0.1118 % change on previous year for services, value added (constant lcu), annual growth rate in 2024.
Compared with earlier readings it is down 105.8% on the previous year and down 103.2% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in New Zealand peaked at 8.95 % change on previous year in 1986 and was at its lowest, -0.185 % change on previous year, in 2008.
That places New Zealand 180th out of 196 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.
Services, value added (constant LCU), annual growth rate 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 | 0.6126 % change on previous year | -46.5% |
| 1981 | 3.05 % change on previous year | +398.1% |
| 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 | 0.4237 % change on previous year | -48.0% |
| 1990 | 0.2374 % change on previous year | -44.0% |
| 1991 | 0.1848 % change on previous year | -22.2% |
| 1992 | 2.37 % change on previous year | +1182.5% |
| 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 | +10.5% |
| 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 | +118.6% |
| 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 | -20.9% |
| 2003 | 4.23 % change on previous year | +8.9% |
| 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 | -0.185 % change on previous year | -104.8% |
| 2009 | 0.0572 % change on previous year | -130.9% |
| 2010 | 2.78 % change on previous year | +4757.7% |
| 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 | -4.0% |
| 2018 | 3.31 % change on previous year | -14.9% |
| 2019 | 2.79 % change on previous year | -15.5% |
| 2020 | -0.1781 % change on previous year | -106.4% |
| 2021 | 6.26 % change on previous year | -3618.1% |
| 2022 | 4.04 % change on previous year | -35.5% |
| 2023 | 1.92 % change on previous year | -52.4% |
| 2024 | -0.1118 % change on previous year | -105.8% |
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 | 0.4237 % change on previous year | 8.95 % change on previous year | 10 |
| 1990s | 3.14 % change on previous year | 0.1848 % change on previous year | 5.44 % change on previous year | 10 |
| 2000s | 3.31 % change on previous year | -0.185 % 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 | -0.1781 % change on previous year | 6.26 % change on previous year | 5 |
Countries ranked near New Zealand
- 177 Slovakia 0.086 % change on previous year compare
- 178 South Africa 0.0003 % change on previous year compare
- 179 Cuba -0.0515 % change on previous year compare
- 181 Estonia -0.1133 % change on previous year compare
- 182 Finland -0.1332 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.48 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2248 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 11,111 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 51.04 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 50.33 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -7.15 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0653 current LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 3,218 current LCU per person (2023)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in New Zealand?
- Services, value added (constant lcu), annual growth rate in New Zealand was -0.1118 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), 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 lcu), annual growth rate recorded in New Zealand?
- The lowest recorded value was -0.185 % change on previous year in 2008.
- How does New Zealand rank for services, value added (constant lcu), annual growth rate?
- New Zealand ranks 180th out of 196 countries with data for 2024.
- Is services, value added (constant lcu), 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 LCU), 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 LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.