Services, value added (constant LCU), per unit of GDP in New Zealand
New Zealand: Services, value added (constant LCU), per unit of GDP was 0.9363 constant LCU per US$ of GDP in 2024. ▼ Falling
Services, value added (constant LCU), per unit of GDP in New Zealand, 1977–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, services, value added (constant lcu), per unit of gdp in New Zealand stood at 0.9363 constant LCU per US$ of GDP.
The figure is down 2.1% on the previous year and up 3.0% over ten years.
Over the whole period, services, value added (constant lcu), per unit of gdp in New Zealand peaked at 4.05 constant LCU per US$ of GDP in 1977 and was at its lowest, 0.9091 constant LCU per US$ of GDP, in 2014.
New Zealand ranks 134th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 48 years of available data.
Services, value added (constant LCU), per unit of GDP in New Zealand, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1977 | 4.05 constant LCU per US$ of GDP | — |
| 1978 | 3.46 constant LCU per US$ of GDP | -14.4% |
| 1979 | 3.13 constant LCU per US$ of GDP | -9.6% |
| 1980 | 2.81 constant LCU per US$ of GDP | -10.3% |
| 1981 | 2.76 constant LCU per US$ of GDP | -1.9% |
| 1982 | 2.81 constant LCU per US$ of GDP | +1.9% |
| 1983 | 2.91 constant LCU per US$ of GDP | +3.5% |
| 1984 | 3.38 constant LCU per US$ of GDP | +16.2% |
| 1985 | 3.07 constant LCU per US$ of GDP | -9.0% |
| 1986 | 2.7 constant LCU per US$ of GDP | -12.1% |
| 1987 | 2.07 constant LCU per US$ of GDP | -23.3% |
| 1988 | 1.87 constant LCU per US$ of GDP | -9.9% |
| 1989 | 1.93 constant LCU per US$ of GDP | +3.3% |
| 1990 | 1.87 constant LCU per US$ of GDP | -3.2% |
| 1991 | 1.99 constant LCU per US$ of GDP | +6.6% |
| 1992 | 2.09 constant LCU per US$ of GDP | +5.1% |
| 1993 | 1.95 constant LCU per US$ of GDP | -6.5% |
| 1994 | 1.73 constant LCU per US$ of GDP | -11.4% |
| 1995 | 1.58 constant LCU per US$ of GDP | -8.9% |
| 1996 | 1.48 constant LCU per US$ of GDP | -6.2% |
| 1997 | 1.61 constant LCU per US$ of GDP | +9.1% |
| 1998 | 1.94 constant LCU per US$ of GDP | +20.4% |
| 1999 | 1.96 constant LCU per US$ of GDP | +0.9% |
| 2000 | 2.27 constant LCU per US$ of GDP | +15.9% |
| 2001 | 2.33 constant LCU per US$ of GDP | +2.5% |
| 2002 | 1.95 constant LCU per US$ of GDP | -16.0% |
| 2003 | 1.54 constant LCU per US$ of GDP | -21.3% |
| 2004 | 1.37 constant LCU per US$ of GDP | -11.0% |
| 2005 | 1.29 constant LCU per US$ of GDP | -5.9% |
| 2006 | 1.38 constant LCU per US$ of GDP | +6.9% |
| 2007 | 1.16 constant LCU per US$ of GDP | -15.6% |
| 2008 | 1.19 constant LCU per US$ of GDP | +2.6% |
| 2009 | 1.31 constant LCU per US$ of GDP | +9.7% |
| 2010 | 1.11 constant LCU per US$ of GDP | -14.9% |
| 2011 | 0.9982 constant LCU per US$ of GDP | -10.4% |
| 2012 | 0.9711 constant LCU per US$ of GDP | -2.7% |
| 2013 | 0.927 constant LCU per US$ of GDP | -4.5% |
| 2014 | 0.9091 constant LCU per US$ of GDP | -1.9% |
| 2015 | 1.07 constant LCU per US$ of GDP | +17.2% |
| 2016 | 1.05 constant LCU per US$ of GDP | -1.9% |
| 2017 | 0.9934 constant LCU per US$ of GDP | -5.0% |
| 2018 | 1 constant LCU per US$ of GDP | +0.8% |
| 2019 | 1.02 constant LCU per US$ of GDP | +2.1% |
| 2020 | 1.02 constant LCU per US$ of GDP | -0.3% |
| 2021 | 0.911 constant LCU per US$ of GDP | -10.7% |
| 2022 | 0.963 constant LCU per US$ of GDP | +5.7% |
| 2023 | 0.9561 constant LCU per US$ of GDP | -0.7% |
| 2024 | 0.9363 constant LCU per US$ of GDP | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.55 constant LCU per US$ of GDP | 3.13 constant LCU per US$ of GDP | 4.05 constant LCU per US$ of GDP | 3 |
| 1980s | 2.63 constant LCU per US$ of GDP | 1.87 constant LCU per US$ of GDP | 3.38 constant LCU per US$ of GDP | 10 |
| 1990s | 1.82 constant LCU per US$ of GDP | 1.48 constant LCU per US$ of GDP | 2.09 constant LCU per US$ of GDP | 10 |
| 2000s | 1.58 constant LCU per US$ of GDP | 1.16 constant LCU per US$ of GDP | 2.33 constant LCU per US$ of GDP | 10 |
| 2010s | 1 constant LCU per US$ of GDP | 0.9091 constant LCU per US$ of GDP | 1.11 constant LCU per US$ of GDP | 10 |
| 2020s | 0.9572 constant LCU per US$ of GDP | 0.911 constant LCU per US$ of GDP | 1.02 constant LCU per US$ of GDP | 5 |
Countries ranked near New Zealand
- 131 Belize 1.03 constant LCU per US$ of GDP compare
- 132 Australia 1 constant LCU per US$ of GDP compare
- 133 Peru 0.9493 constant LCU per US$ of GDP compare
- 135 Tonga 0.8158 constant LCU per US$ of GDP compare
- 136 Ghana 0.8 constant LCU per US$ of GDP compare
- 137 Canada 0.7928 constant LCU per US$ of GDP 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)
- 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 services, value added (constant lcu), per unit of gdp in New Zealand?
- Services, value added (constant lcu), per unit of gdp in New Zealand was 0.9363 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in New Zealand?
- The highest recorded value was 4.05 constant LCU per US$ of GDP in 1977.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.9091 constant LCU per US$ of GDP in 2014.
- How does New Zealand rank for services, value added (constant lcu), per unit of gdp?
- New Zealand ranks 134th out of 197 countries with data for 2024.
- Is services, value added (constant lcu), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is falling.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.