GDP (current LCU), annual growth rate in New Zealand
New Zealand: GDP (current LCU), annual growth rate was 3.47 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (current lcu), annual growth rate in New Zealand is 3.47 % change on previous year, measured in 2024.
The figure is down 38.0% on the previous year and down 19.1% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in New Zealand peaked at 22.62 % change on previous year in 1976 and was at its lowest, -0.2102 % change on previous year, in 1991.
That places New Zealand 180th out of 211 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 18.19 % change on previous year | — |
| 1972 | 14.84 % change on previous year | -18.4% |
| 1973 | 16.88 % change on previous year | +13.8% |
| 1974 | 9.88 % change on previous year | -41.5% |
| 1975 | 12.64 % change on previous year | +28.0% |
| 1976 | 22.62 % change on previous year | +78.9% |
| 1977 | 12.02 % change on previous year | -46.8% |
| 1978 | 13.34 % change on previous year | +11.0% |
| 1979 | 16.73 % change on previous year | +25.4% |
| 1980 | 16.38 % change on previous year | -2.1% |
| 1981 | 21.76 % change on previous year | +32.9% |
| 1982 | 13.13 % change on previous year | -39.7% |
| 1983 | 11.49 % change on previous year | -12.5% |
| 1984 | 12.97 % change on previous year | +12.9% |
| 1985 | 15.47 % change on previous year | +19.3% |
| 1986 | 20.11 % change on previous year | +30.0% |
| 1987 | 12.55 % change on previous year | -37.6% |
| 1988 | 7.53 % change on previous year | -40.0% |
| 1989 | 5.81 % change on previous year | -22.8% |
| 1990 | 2.58 % change on previous year | -55.6% |
| 1991 | -0.2102 % change on previous year | -108.1% |
| 1992 | 3.12 % change on previous year | -1583.1% |
| 1993 | 7.97 % change on previous year | +155.5% |
| 1994 | 7.12 % change on previous year | -10.6% |
| 1995 | 6.22 % change on previous year | -12.7% |
| 1996 | 5.06 % change on previous year | -18.7% |
| 1997 | 3.67 % change on previous year | -27.3% |
| 1998 | 1.92 % change on previous year | -47.8% |
| 1999 | 5.99 % change on previous year | +212.4% |
| 2000 | 5.84 % change on previous year | -2.6% |
| 2001 | 7.4 % change on previous year | +26.8% |
| 2002 | 5.03 % change on previous year | -32.1% |
| 2003 | 6.9 % change on previous year | +37.2% |
| 2004 | 6.96 % change on previous year | +0.9% |
| 2005 | 5.42 % change on previous year | -22.1% |
| 2006 | 5.56 % change on previous year | +2.7% |
| 2007 | 8.53 % change on previous year | +53.3% |
| 2008 | 1.7 % change on previous year | -80.1% |
| 2009 | 2.6 % change on previous year | +53.0% |
| 2010 | 4.66 % change on previous year | +79.6% |
| 2011 | 4.62 % change on previous year | -1.0% |
| 2012 | 2.18 % change on previous year | -52.7% |
| 2013 | 6.88 % change on previous year | +215.2% |
| 2014 | 4.29 % change on previous year | -37.6% |
| 2015 | 5.21 % change on previous year | +21.4% |
| 2016 | 6.29 % change on previous year | +20.8% |
| 2017 | 7.12 % change on previous year | +13.1% |
| 2018 | 5.29 % change on previous year | -25.6% |
| 2019 | 5.53 % change on previous year | +4.5% |
| 2020 | 1.6 % change on previous year | -71.0% |
| 2021 | 9.31 % change on previous year | +480.1% |
| 2022 | 9.59 % change on previous year | +3.1% |
| 2023 | 5.6 % change on previous year | -41.6% |
| 2024 | 3.47 % change on previous year | -38.0% |
New Zealand compared with similar countries
- New Zealand's 3.47 % change on previous year is below the median for high income countries, which is 5.96 % change on previous year, 58% of the median. (82 countries reporting)
- New Zealand's 3.47 % change on previous year is below the median for East Asia & Pacific, which is 7.63 % change on previous year, 46% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1583.1% | -0.2102 % change on previous year | 3.12 % change on previous year |
| 2021 | +480.1% | 1.6 % change on previous year | 9.31 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.24 % change on previous year | 9.88 % change on previous year | 22.62 % change on previous year | 9 |
| 1980s | 13.72 % change on previous year | 5.81 % change on previous year | 21.76 % change on previous year | 10 |
| 1990s | 4.34 % change on previous year | -0.2102 % change on previous year | 7.97 % change on previous year | 10 |
| 2000s | 5.59 % change on previous year | 1.7 % change on previous year | 8.53 % change on previous year | 10 |
| 2010s | 5.21 % change on previous year | 2.18 % change on previous year | 7.12 % change on previous year | 10 |
| 2020s | 5.92 % change on previous year | 1.6 % change on previous year | 9.59 % change on previous year | 5 |
Countries ranked near New Zealand
- 177 Panama 3.53 % change on previous year compare
- 178 France 3.51 % change on previous year compare
- 179 Thailand 3.48 % change on previous year compare
- 181 Estonia 3.46 % change on previous year compare
- 182 Equatorial Guinea 3.43 % change on previous year compare
- 183 Bahrain 3.34 % change on previous year compare
More population data for New Zealand
- Population regions with projections, annual growth rate -0.0744 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -14.71 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.0744 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.0739 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,949 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.628 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.191 % change on previous year (2100)
- World population growth -0.1% (2100)
- Population density 22.07 people per km² (2100)
- Number of children under 5, by world region 256,010 people (2100)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in New Zealand?
- Gdp (current lcu), annual growth rate in New Zealand was 3.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in New Zealand?
- The highest recorded value was 22.62 % change on previous year in 1976.
- What is the lowest gdp (current lcu), annual growth rate recorded in New Zealand?
- The lowest recorded value was -0.2102 % change on previous year in 1991.
- How does New Zealand rank for gdp (current lcu), annual growth rate?
- New Zealand ranks 180th out of 211 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 19.1%. 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 GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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 GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.