Services, value added (current US$), per unit of GDP in New Zealand
New Zealand: Services, value added (current US$), per unit of GDP was 0.6823 current US$ per US$ of GDP in 2023. ▲ Rising
Services, value added (current US$), per unit of GDP in New Zealand, 1971–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, services, value added (current us$), per unit of gdp in New Zealand stood at 0.6823 current US$ per US$ of GDP. That is the highest value across all 53 years on record.
That represents a change of up 1.2% on the previous year and up 5.9% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in New Zealand peaked at 0.6823 current US$ per US$ of GDP in 2023 and was at its lowest, 0.5121 current US$ per US$ of GDP, in 1972.
That places New Zealand 40th out of 204 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Services, value added (current US$), per unit of GDP in New Zealand, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1971 | 0.5185 current US$ per US$ of GDP | — |
| 1972 | 0.5121 current US$ per US$ of GDP | -1.2% |
| 1973 | 0.5267 current US$ per US$ of GDP | +2.9% |
| 1974 | 0.5405 current US$ per US$ of GDP | +2.6% |
| 1975 | 0.5446 current US$ per US$ of GDP | +0.8% |
| 1976 | 0.5265 current US$ per US$ of GDP | -3.3% |
| 1977 | 0.5376 current US$ per US$ of GDP | +2.1% |
| 1978 | 0.5481 current US$ per US$ of GDP | +2.0% |
| 1979 | 0.5278 current US$ per US$ of GDP | -3.7% |
| 1980 | 0.5434 current US$ per US$ of GDP | +2.9% |
| 1981 | 0.5411 current US$ per US$ of GDP | -0.4% |
| 1982 | 0.5464 current US$ per US$ of GDP | +1.0% |
| 1983 | 0.5522 current US$ per US$ of GDP | +1.1% |
| 1984 | 0.5423 current US$ per US$ of GDP | -1.8% |
| 1985 | 0.5769 current US$ per US$ of GDP | +6.4% |
| 1986 | 0.5878 current US$ per US$ of GDP | +1.9% |
| 1987 | 0.5832 current US$ per US$ of GDP | -0.8% |
| 1988 | 0.5984 current US$ per US$ of GDP | +2.6% |
| 1989 | 0.5859 current US$ per US$ of GDP | -2.1% |
| 1990 | 0.6034 current US$ per US$ of GDP | +3.0% |
| 1991 | 0.6007 current US$ per US$ of GDP | -0.4% |
| 1992 | 0.6025 current US$ per US$ of GDP | +0.3% |
| 1993 | 0.5965 current US$ per US$ of GDP | -1.0% |
| 1994 | 0.5957 current US$ per US$ of GDP | -0.1% |
| 1995 | 0.6043 current US$ per US$ of GDP | +1.4% |
| 1996 | 0.6104 current US$ per US$ of GDP | +1.0% |
| 1997 | 0.6178 current US$ per US$ of GDP | +1.2% |
| 1998 | 0.6327 current US$ per US$ of GDP | +2.4% |
| 1999 | 0.627 current US$ per US$ of GDP | -0.9% |
| 2000 | 0.6181 current US$ per US$ of GDP | -1.4% |
| 2001 | 0.6212 current US$ per US$ of GDP | +0.5% |
| 2002 | 0.6321 current US$ per US$ of GDP | +1.7% |
| 2003 | 0.6391 current US$ per US$ of GDP | +1.1% |
| 2004 | 0.6389 current US$ per US$ of GDP | -0.0% |
| 2005 | 0.6431 current US$ per US$ of GDP | +0.7% |
| 2006 | 0.6433 current US$ per US$ of GDP | +0.0% |
| 2007 | 0.634 current US$ per US$ of GDP | -1.4% |
| 2008 | 0.6418 current US$ per US$ of GDP | +1.2% |
| 2009 | 0.6539 current US$ per US$ of GDP | +1.9% |
| 2010 | 0.6424 current US$ per US$ of GDP | -1.8% |
| 2011 | 0.6429 current US$ per US$ of GDP | +0.1% |
| 2012 | 0.6499 current US$ per US$ of GDP | +1.1% |
| 2013 | 0.6443 current US$ per US$ of GDP | -0.9% |
| 2014 | 0.6551 current US$ per US$ of GDP | +1.7% |
| 2015 | 0.6594 current US$ per US$ of GDP | +0.7% |
| 2016 | 0.6563 current US$ per US$ of GDP | -0.5% |
| 2017 | 0.6504 current US$ per US$ of GDP | -0.9% |
| 2018 | 0.6548 current US$ per US$ of GDP | +0.7% |
| 2019 | 0.654 current US$ per US$ of GDP | -0.1% |
| 2020 | 0.6613 current US$ per US$ of GDP | +1.1% |
| 2021 | 0.6715 current US$ per US$ of GDP | +1.5% |
| 2022 | 0.674 current US$ per US$ of GDP | +0.4% |
| 2023 | 0.6823 current US$ per US$ of GDP | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5314 current US$ per US$ of GDP | 0.5121 current US$ per US$ of GDP | 0.5481 current US$ per US$ of GDP | 9 |
| 1980s | 0.5657 current US$ per US$ of GDP | 0.5411 current US$ per US$ of GDP | 0.5984 current US$ per US$ of GDP | 10 |
| 1990s | 0.6091 current US$ per US$ of GDP | 0.5957 current US$ per US$ of GDP | 0.6327 current US$ per US$ of GDP | 10 |
| 2000s | 0.6365 current US$ per US$ of GDP | 0.6181 current US$ per US$ of GDP | 0.6539 current US$ per US$ of GDP | 10 |
| 2010s | 0.651 current US$ per US$ of GDP | 0.6424 current US$ per US$ of GDP | 0.6594 current US$ per US$ of GDP | 10 |
| 2020s | 0.6723 current US$ per US$ of GDP | 0.6613 current US$ per US$ of GDP | 0.6823 current US$ per US$ of GDP | 4 |
Countries ranked near New Zealand
- 37 Costa Rica 0.6922 current US$ per US$ of GDP compare
- 38 Antigua and Barbuda 0.6866 current US$ per US$ of GDP compare
- 39 Spain 0.6836 current US$ per US$ of GDP compare
- 41 Marshall Islands 0.6819 current US$ per US$ of GDP compare
- 42 Seychelles 0.6793 current US$ per US$ of GDP compare
- 43 Cape Verde 0.6792 current US$ 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)
- Services, value added (current US$), annual growth rate 3.93 % change on previous year (2023)
- Services, value added (current US$), 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$), per unit of gdp in New Zealand?
- Services, value added (current us$), per unit of gdp in New Zealand was 0.6823 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in New Zealand?
- The highest recorded value was 0.6823 current US$ per US$ of GDP in 2023.
- What is the lowest services, value added (current us$), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.5121 current US$ per US$ of GDP in 1972.
- How does New Zealand rank for services, value added (current us$), per unit of gdp?
- New Zealand ranks 40th out of 204 countries with data for 2023.
- Is services, value added (current us$), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 5.9%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.