Services, value added in New Zealand
New Zealand: Services, value added was -0.1% in 2024. ◆ Volatile
Services, value added in New Zealand, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
New Zealand recorded -0.1% for services, value added in 2024.
Compared with earlier readings it is down 105.8% on the previous year and down 103.2% over ten years.
Over the whole period, services, value added in New Zealand peaked at 8.9% in 1986 and was at its lowest, -0.2%, in 2008.
New Zealand ranks 181st of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.9% | 1.1% | 2.7% | 2 |
| 1980s | 2.7% | 0.4% | 8.9% | 10 |
| 1990s | 3.1% | 0.2% | 5.4% | 10 |
| 2000s | 3.3% | -0.2% | 4.9% | 10 |
| 2010s | 3.2% | 1.9% | 4.0% | 10 |
| 2020s | 2.4% | -0.2% | 6.3% | 5 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- DEC alternative conversion factor 1.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -1.25 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -754.10 million current US$ (2024)
- Taxes less subsidies on products 34.74 billion current LCU (2023)
- Taxes less subsidies on products 21.34 billion current US$ (2023)
- Net primary income (Net income from abroad) -11.66 billion current LCU (2024)
- Net primary income (Net income from abroad) -7.06 billion current US$ (2024)
- GNI per capita 78,957 current LCU (2025)
- GNI per capita, Atlas method 46,630 current US$ (2025)
- GNI 420.42 billion current LCU (2025)
Frequently asked questions
- What is services, value added in New Zealand?
- Services, value added in New Zealand was -0.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in New Zealand?
- The highest recorded value was 8.9% in 1986.
- What is the lowest services, value added recorded in New Zealand?
- The lowest recorded value was -0.2% in 2008.
- How does New Zealand rank for services, value added?
- New Zealand ranks 181st out of 197 countries with data for 2024.
- Is services, value added rising or falling in New Zealand?
- Over the last ten years it is down 103.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.