Services, value added (current LCU), per unit of GDP in New Zealand
New Zealand: Services, value added (current LCU), per unit of GDP was 1.11 current LCU per US$ of GDP in 2023. ▲ Rising
Services, value added (current LCU), per unit of GDP in New Zealand, 1971–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, services, value added (current lcu), per unit of gdp in New Zealand stood at 1.11 current LCU per US$ of GDP.
That represents a change of up 4.5% on the previous year and up 41.4% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in New Zealand peaked at 1.48 current LCU per US$ of GDP in 2001 and was at its lowest, 0.3785 current LCU per US$ of GDP, in 1973.
That places New Zealand 146th out of 204 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Services, value added (current LCU), per unit of GDP in New Zealand, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1971 | 0.4492 current LCU per US$ of GDP | — |
| 1972 | 0.4213 current LCU per US$ of GDP | -6.2% |
| 1973 | 0.3785 current LCU per US$ of GDP | -10.2% |
| 1974 | 0.3919 current LCU per US$ of GDP | +3.5% |
| 1975 | 0.4822 current LCU per US$ of GDP | +23.0% |
| 1976 | 0.5404 current LCU per US$ of GDP | +12.1% |
| 1977 | 0.5444 current LCU per US$ of GDP | +0.7% |
| 1978 | 0.5244 current LCU per US$ of GDP | -3.7% |
| 1979 | 0.5269 current LCU per US$ of GDP | +0.5% |
| 1980 | 0.5631 current LCU per US$ of GDP | +6.9% |
| 1981 | 0.6499 current LCU per US$ of GDP | +15.4% |
| 1982 | 0.7501 current LCU per US$ of GDP | +15.4% |
| 1983 | 0.8403 current LCU per US$ of GDP | +12.0% |
| 1984 | 1.05 current LCU per US$ of GDP | +24.5% |
| 1985 | 1.13 current LCU per US$ of GDP | +7.8% |
| 1986 | 1.11 current LCU per US$ of GDP | -1.3% |
| 1987 | 0.9422 current LCU per US$ of GDP | -15.3% |
| 1988 | 0.929 current LCU per US$ of GDP | -1.4% |
| 1989 | 0.9899 current LCU per US$ of GDP | +6.6% |
| 1990 | 1.01 current LCU per US$ of GDP | +2.0% |
| 1991 | 1.07 current LCU per US$ of GDP | +5.7% |
| 1992 | 1.13 current LCU per US$ of GDP | +6.2% |
| 1993 | 1.08 current LCU per US$ of GDP | -4.8% |
| 1994 | 0.9757 current LCU per US$ of GDP | -9.5% |
| 1995 | 0.9099 current LCU per US$ of GDP | -6.7% |
| 1996 | 0.8799 current LCU per US$ of GDP | -3.3% |
| 1997 | 0.98 current LCU per US$ of GDP | +11.4% |
| 1998 | 1.2 current LCU per US$ of GDP | +22.7% |
| 1999 | 1.21 current LCU per US$ of GDP | +0.5% |
| 2000 | 1.41 current LCU per US$ of GDP | +16.5% |
| 2001 | 1.48 current LCU per US$ of GDP | +5.4% |
| 2002 | 1.28 current LCU per US$ of GDP | -13.6% |
| 2003 | 1.05 current LCU per US$ of GDP | -18.4% |
| 2004 | 0.9504 current LCU per US$ of GDP | -9.2% |
| 2005 | 0.9134 current LCU per US$ of GDP | -3.9% |
| 2006 | 0.9921 current LCU per US$ of GDP | +8.6% |
| 2007 | 0.8627 current LCU per US$ of GDP | -13.0% |
| 2008 | 0.9131 current LCU per US$ of GDP | +5.8% |
| 2009 | 1.05 current LCU per US$ of GDP | +14.6% |
| 2010 | 0.8915 current LCU per US$ of GDP | -14.8% |
| 2011 | 0.8138 current LCU per US$ of GDP | -8.7% |
| 2012 | 0.8022 current LCU per US$ of GDP | -1.4% |
| 2013 | 0.7856 current LCU per US$ of GDP | -2.1% |
| 2014 | 0.7897 current LCU per US$ of GDP | +0.5% |
| 2015 | 0.9456 current LCU per US$ of GDP | +19.7% |
| 2016 | 0.9429 current LCU per US$ of GDP | -0.3% |
| 2017 | 0.9154 current LCU per US$ of GDP | -2.9% |
| 2018 | 0.9464 current LCU per US$ of GDP | +3.4% |
| 2019 | 0.9927 current LCU per US$ of GDP | +4.9% |
| 2020 | 1.02 current LCU per US$ of GDP | +2.7% |
| 2021 | 0.9494 current LCU per US$ of GDP | -6.9% |
| 2022 | 1.06 current LCU per US$ of GDP | +12.0% |
| 2023 | 1.11 current LCU per US$ of GDP | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4733 current LCU per US$ of GDP | 0.3785 current LCU per US$ of GDP | 0.5444 current LCU per US$ of GDP | 9 |
| 1980s | 0.8951 current LCU per US$ of GDP | 0.5631 current LCU per US$ of GDP | 1.13 current LCU per US$ of GDP | 10 |
| 1990s | 1.04 current LCU per US$ of GDP | 0.8799 current LCU per US$ of GDP | 1.21 current LCU per US$ of GDP | 10 |
| 2000s | 1.09 current LCU per US$ of GDP | 0.8627 current LCU per US$ of GDP | 1.48 current LCU per US$ of GDP | 10 |
| 2010s | 0.8826 current LCU per US$ of GDP | 0.7856 current LCU per US$ of GDP | 0.9927 current LCU per US$ of GDP | 10 |
| 2020s | 1.04 current LCU per US$ of GDP | 0.9494 current LCU per US$ of GDP | 1.11 current LCU per US$ of GDP | 4 |
Countries ranked near New Zealand
- 143 Curaçao 1.29 current LCU per US$ of GDP compare
- 144 Belize 1.25 current LCU per US$ of GDP compare
- 145 Tonga 1.18 current LCU per US$ of GDP compare
- 147 Kiribati 1.07 current LCU per US$ of GDP compare
- 148 Australia 1.04 current LCU per US$ of GDP compare
- 149 Bosnia and Herzegovina 1 current 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)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 0.1944 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current US$), per 9,582 current US$ per person (2023)
- Industry (including construction), value added (current LCU), annual 4.94 % change on previous year (2023)
- Industry (including construction), value added (current LCU), per 0.3165 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 15,604 current LCU per person (2023)
- Industry (including construction), value added (constant 2015 US$) -4.66 % change on previous year (2024)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in New Zealand?
- Services, value added (current lcu), per unit of gdp in New Zealand was 1.11 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in New Zealand?
- The highest recorded value was 1.48 current LCU per US$ of GDP in 2001.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.3785 current LCU per US$ of GDP in 1973.
- How does New Zealand rank for services, value added (current lcu), per unit of gdp?
- New Zealand ranks 146th out of 204 countries with data for 2023.
- Is services, value added (current lcu), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
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 (current 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.