Price level ratio of PPP conversion factor (GDP) to market exchange in New Zealand

New Zealand: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.8848 in 2024. ▲ Rising

Latest (2024)
0.8848
Change on year
down 2.1%
World rank
21st
of 202 countries
All-time high
1.21
in 2012
All-time low
0.6164
in 2001
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in New Zealand, 1990–2024

00.250.50.7511.21990200720241990: 0.9191991: 0.841992: 0.7891993: 0.821994: 0.8931995: 0.9731996: 11997: 0.9141998: 0.7631999: 0.7452000: 0.6342001: 0.6162002: 0.7242003: 0.9142004: 12005: 1.12006: 0.9612007: 1.12008: 12009: 0.9192010: 1.12011: 1.22012: 1.22013: 1.22014: 1.22015: 12016: 12017: 12018: 12019: 0.9462020: 0.9232021: 12022: 0.9092023: 0.9032024: 0.885

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in New Zealand is 0.8848, measured in 2024.

The figure is down 2.1% on the previous year and down 26.0% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in New Zealand peaked at 1.21 in 2012 and was at its lowest, 0.6164, in 2001.

That places New Zealand 21st out of 202 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in New Zealand, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in New Zealand, 1990 to 2024.
Year Value Change
1990 0.9187
1991 0.8399 -8.6%
1992 0.7895 -6.0%
1993 0.8202 +3.9%
1994 0.893 +8.9%
1995 0.9729 +8.9%
1996 1.02 +4.8%
1997 0.9136 -10.4%
1998 0.7629 -16.5%
1999 0.7445 -2.4%
2000 0.6344 -14.8%
2001 0.6164 -2.8%
2002 0.724 +17.5%
2003 0.9135 +26.2%
2004 1.01 +10.9%
2005 1.08 +6.7%
2006 0.9607 -11.1%
2007 1.11 +15.2%
2008 1.05 -5.3%
2009 0.9194 -12.3%
2010 1.08 +17.4%
2011 1.17 +8.8%
2012 1.21 +3.2%
2013 1.19 -2.1%
2014 1.2 +0.8%
2015 1.03 -13.9%
2016 1 -2.5%
2017 1.02 +1.4%
2018 1.02 +0.0%
2019 0.9465 -6.9%
2020 0.9228 -2.5%
2021 1.04 +12.2%
2022 0.9089 -12.2%
2023 0.9035 -0.6%
2024 0.8848 -2.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8674 0.7445 1.02 10
2000s 0.9017 0.6164 1.11 10
2010s 1.09 0.9465 1.21 10
2020s 0.931 0.8848 1.04 5

Countries ranked near New Zealand

  1. 18 Australia 0.9047 compare
  2. 19 Denmark 0.9036 compare
  3. 20 United States Virgin Islands 0.8901 compare
  4. 22 United Kingdom of Great Britain and Northern Ireland 0.8683 compare
  5. 23 Norway 0.8592 compare
  6. 24 Finland 0.8299 compare

See the full ranking of 202 places →

More population data for New Zealand

All data for New Zealand →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in New Zealand?
Price level ratio of ppp conversion factor (gdp) to market exchange in New Zealand was 0.8848 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in New Zealand?
The highest recorded value was 1.21 in 2012.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in New Zealand?
The lowest recorded value was 0.6164 in 2001.
How does New Zealand rank for price level ratio of ppp conversion factor (gdp) to market exchange?
New Zealand ranks 21st out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in New Zealand?
Over the last ten years it is down 26.0%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in New Zealand. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/new-zealand/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release