Services, value added (current US$), annual growth rate in New Zealand
New Zealand: Services, value added (current US$), annual growth rate was 3.93 % change on previous year in 2023. ◆ Volatile
Latest (2023)
3.93 % change on previous year
Change on year
up 424.6%
World rank
168th
of 204 countries
All-time high
37.63 % change on previous year
in 1973
All-time low
-12.85 % change on previous year
in 1998
Years of data
52
1972–2023
Services, value added (current US$), annual growth rate in New Zealand, 1972–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded 3.93 % change on previous year for services, value added (current us$), annual growth rate in 2023.
That represents a change of up 424.6% on the previous year and down 45.7% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in New Zealand peaked at 37.63 % change on previous year in 1973 and was at its lowest, -12.85 % change on previous year, in 1998.
New Zealand ranks 168th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1972 | 19.45 % change on previous year | — |
| 1973 | 37.63 % change on previous year | +93.5% |
| 1974 | 11.74 % change on previous year | -68.8% |
| 1975 | -7.03 % change on previous year | -159.9% |
| 1976 | 2.26 % change on previous year | -132.1% |
| 1977 | 15.94 % change on previous year | +605.9% |
| 1978 | 22.3 % change on previous year | +39.9% |
| 1979 | 7.74 % change on previous year | -65.3% |
| 1980 | 15.43 % change on previous year | +99.4% |
| 1981 | 4.6 % change on previous year | -70.2% |
| 1982 | -0.0727 % change on previous year | -101.6% |
| 1983 | 1.68 % change on previous year | -2409.0% |
| 1984 | -12.48 % change on previous year | -843.8% |
| 1985 | 21.18 % change on previous year | -269.7% |
| 1986 | 26.36 % change on previous year | +24.5% |
| 1987 | 30.91 % change on previous year | +17.3% |
| 1988 | 14.79 % change on previous year | -52.1% |
| 1989 | -4.81 % change on previous year | -132.5% |
| 1990 | 6.68 % change on previous year | -238.8% |
| 1991 | -6.47 % change on previous year | -196.8% |
| 1992 | -2.26 % change on previous year | -65.0% |
| 1993 | 11.19 % change on previous year | -594.9% |
| 1994 | 18.09 % change on previous year | +61.6% |
| 1995 | 17.23 % change on previous year | -4.8% |
| 1996 | 10.84 % change on previous year | -37.1% |
| 1997 | -4.66 % change on previous year | -143.0% |
| 1998 | -12.85 % change on previous year | +176.0% |
| 1999 | 3.58 % change on previous year | -127.8% |
| 2000 | -11.72 % change on previous year | -427.8% |
| 2001 | 2.88 % change on previous year | -124.6% |
| 2002 | 25.84 % change on previous year | +796.0% |
| 2003 | 33.92 % change on previous year | +31.3% |
| 2004 | 17.71 % change on previous year | -47.8% |
| 2005 | 11.13 % change on previous year | -37.2% |
| 2006 | -2.74 % change on previous year | -124.6% |
| 2007 | 21.22 % change on previous year | -875.5% |
| 2008 | -1.54 % change on previous year | -107.3% |
| 2009 | -7.11 % change on previous year | +362.1% |
| 2010 | 18.61 % change on previous year | -361.6% |
| 2011 | 14.79 % change on previous year | -20.5% |
| 2012 | 5.92 % change on previous year | -60.0% |
| 2013 | 7.24 % change on previous year | +22.3% |
| 2014 | 7.27 % change on previous year | +0.4% |
| 2015 | -10.97 % change on previous year | -251.0% |
| 2016 | 5.58 % change on previous year | -150.9% |
| 2017 | 8.32 % change on previous year | +48.9% |
| 2018 | 3.2 % change on previous year | -61.6% |
| 2019 | 0.52 % change on previous year | -83.7% |
| 2020 | 1.21 % change on previous year | +133.6% |
| 2021 | 20.79 % change on previous year | +1611.3% |
| 2022 | -1.21 % change on previous year | -105.8% |
| 2023 | 3.93 % change on previous year | -424.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.75 % change on previous year | -7.03 % change on previous year | 37.63 % change on previous year | 8 |
| 1980s | 9.76 % change on previous year | -12.48 % change on previous year | 30.91 % change on previous year | 10 |
| 1990s | 4.14 % change on previous year | -12.85 % change on previous year | 18.09 % change on previous year | 10 |
| 2000s | 8.96 % change on previous year | -11.72 % change on previous year | 33.92 % change on previous year | 10 |
| 2010s | 6.05 % change on previous year | -10.97 % change on previous year | 18.61 % change on previous year | 10 |
| 2020s | 6.18 % change on previous year | -1.21 % change on previous year | 20.79 % change on previous year | 4 |
Countries ranked near New Zealand
- 165 Jordan 4.01 % change on previous year compare
- 166 Bolivia, Plurinational State of 4.01 % change on previous year compare
- 167 Indonesia 3.94 % change on previous year compare
- 169 Iraq 3.89 % change on previous year compare
- 170 Uruguay 3.85 % change on previous year compare
- 171 Sri Lanka 3.8 % 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)
- Services, value added (current US$), per unit of GDP 0.6823 current US$ per US$ of GDP (2023)
- Services, value added (current US$), per capita 33,641 current US$ per person (2023)
- Services, value added (current LCU), annual growth rate 7.31 % change on previous year (2023)
- Services, value added (current LCU), per unit of GDP 1.11 current LCU per US$ of GDP (2023)
- Services, value added (current LCU), per capita 54,782 current LCU per person (2023)
- Services, value added (constant 2015 US$), annual growth rate -0.1121 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5794 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 28,640 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in New Zealand?
- Services, value added (current us$), annual growth rate in New Zealand was 3.93 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in New Zealand?
- The highest recorded value was 37.63 % change on previous year in 1973.
- What is the lowest services, value added (current us$), annual growth rate recorded in New Zealand?
- The lowest recorded value was -12.85 % change on previous year in 1998.
- How does New Zealand rank for services, value added (current us$), annual growth rate?
- New Zealand ranks 168th out of 204 countries with data for 2023.
- Is services, value added (current us$), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 45.7%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.