Trade as a share of GDP in New Zealand
New Zealand: Trade as a share of GDP was 50.7% in 2024. ▬ Flat
Latest (2024)
50.7%
Change on year
up 1.6%
World rank
149th
of 191 countries
All-time high
68.5%
in 2000
All-time low
43.8%
in 2020
Years of data
55
1970–2024
Trade as a share of GDP in New Zealand, 1970–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
New Zealand recorded 50.7% for trade as a share of gdp in 2024.
That represents a change of up 1.6% on the previous year and down 8.1% over ten years.
Over the whole period, trade as a share of gdp in New Zealand peaked at 68.5% in 2000 and was at its lowest, 43.8%, in 2020.
New Zealand ranks 149th of 191 countries on this measure, in the bottom quarter.
Trade as a share of GDP in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 47.2% | — |
| 1971 | 44.2% | -6.3% |
| 1972 | 45.9% | +3.8% |
| 1973 | 47.9% | +4.4% |
| 1974 | 53.6% | +11.9% |
| 1975 | 53.1% | -0.8% |
| 1976 | 55.9% | +5.3% |
| 1977 | 53.9% | -3.7% |
| 1978 | 52.5% | -2.5% |
| 1979 | 58.8% | +11.9% |
| 1980 | 58.7% | -0.2% |
| 1981 | 58.9% | +0.3% |
| 1982 | 58.4% | -0.7% |
| 1983 | 58.0% | -0.8% |
| 1984 | 66.2% | +14.1% |
| 1985 | 60.7% | -8.2% |
| 1986 | 52.8% | -13.1% |
| 1987 | 50.0% | -5.2% |
| 1988 | 48.4% | -3.2% |
| 1989 | 52.0% | +7.4% |
| 1990 | 52.6% | +1.2% |
| 1991 | 54.6% | +3.9% |
| 1992 | 59.2% | +8.4% |
| 1993 | 57.6% | -2.8% |
| 1994 | 58.8% | +2.2% |
| 1995 | 56.9% | -3.2% |
| 1996 | 55.1% | -3.2% |
| 1997 | 55.2% | +0.2% |
| 1998 | 57.9% | +4.8% |
| 1999 | 61.4% | +6.1% |
| 2000 | 68.5% | +11.6% |
| 2001 | 67.2% | -1.9% |
| 2002 | 62.7% | -6.8% |
| 2003 | 57.9% | -7.6% |
| 2004 | 58.8% | +1.5% |
| 2005 | 58.0% | -1.3% |
| 2006 | 59.6% | +2.7% |
| 2007 | 58.4% | -2.0% |
| 2008 | 64.3% | +10.0% |
| 2009 | 55.0% | -14.4% |
| 2010 | 58.1% | +5.6% |
| 2011 | 59.2% | +1.9% |
| 2012 | 56.9% | -3.8% |
| 2013 | 56.0% | -1.6% |
| 2014 | 55.1% | -1.6% |
| 2015 | 54.9% | -0.4% |
| 2016 | 52.5% | -4.4% |
| 2017 | 54.3% | +3.4% |
| 2018 | 55.9% | +3.0% |
| 2019 | 54.5% | -2.6% |
| 2020 | 43.8% | -19.5% |
| 2021 | 48.4% | +10.5% |
| 2022 | 53.2% | +9.9% |
| 2023 | 49.9% | -6.3% |
| 2024 | 50.7% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 51.3% | 44.2% | 58.8% | 10 |
| 1980s | 56.4% | 48.4% | 66.2% | 10 |
| 1990s | 56.9% | 52.6% | 61.4% | 10 |
| 2000s | 61.0% | 55.0% | 68.5% | 10 |
| 2010s | 55.7% | 52.5% | 59.2% | 10 |
| 2020s | 49.2% | 43.8% | 53.2% | 5 |
Countries ranked near New Zealand
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 (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)
- Gross capital formation (constant 2015 US$), per capita 9,511 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 0.9117 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2596 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,830 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 2.39 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.4289 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is trade as a share of gdp in New Zealand?
- Trade as a share of gdp in New Zealand was 50.7% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in New Zealand?
- The highest recorded value was 68.5% in 2000.
- What is the lowest trade as a share of gdp recorded in New Zealand?
- The lowest recorded value was 43.8% in 2020.
- How does New Zealand rank for trade as a share of gdp?
- New Zealand ranks 149th out of 191 countries with data for 2024.
- Is trade as a share of gdp rising or falling in New Zealand?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is flat.
- Where does this New Zealand data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Trade in goods and services as a share of GDP, shown as a percentage.