Services, value added in New Zealand
New Zealand: Services, value added was 151.50 billion constant 2015 US$ in 2024. ▲ Rising
Services, value added in New Zealand, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
New Zealand recorded 151.50 billion constant 2015 US$ for services, value added in 2024.
The figure is down 0.1% on the previous year and up 33.7% over ten years.
Over the whole period, services, value added in New Zealand peaked at 151.67 billion constant 2015 US$ in 2023 and was at its lowest, 38.68 billion constant 2015 US$, in 1977.
That places New Zealand 47th out of 195 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.53 billion constant 2015 US$ | 38.68 billion constant 2015 US$ | 40.18 billion constant 2015 US$ | 3 |
| 1980s | 46.75 billion constant 2015 US$ | 40.43 billion constant 2015 US$ | 52.39 billion constant 2015 US$ | 10 |
| 1990s | 60.59 billion constant 2015 US$ | 52.51 billion constant 2015 US$ | 71.22 billion constant 2015 US$ | 10 |
| 2000s | 88.62 billion constant 2015 US$ | 73.94 billion constant 2015 US$ | 98.67 billion constant 2015 US$ | 10 |
| 2010s | 116.69 billion constant 2015 US$ | 101.28 billion constant 2015 US$ | 134.84 billion constant 2015 US$ | 10 |
| 2020s | 145.92 billion constant 2015 US$ | 134.60 billion constant 2015 US$ | 151.67 billion constant 2015 US$ | 5 |
Countries ranked near New Zealand
- 44 Finland 162.11 billion constant 2015 US$ compare
- 45 Portugal 161.91 billion constant 2015 US$ compare
- 46 Greece 151.56 billion constant 2015 US$ compare
- 48 Kazakhstan 143.89 billion constant 2015 US$ compare
- 49 Romania 139.10 billion constant 2015 US$ compare
- 50 Czechia 133.36 billion constant 2015 US$ compare
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 151.50 billion constant 2015 US$ 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 151.67 billion constant 2015 US$ in 2023.
- What is the lowest services, value added recorded in New Zealand?
- The lowest recorded value was 38.68 billion constant 2015 US$ in 1977.
- How does New Zealand rank for services, value added?
- New Zealand ranks 47th out of 195 countries with data for 2024.
- Is services, value added rising or falling in New Zealand?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 defense, 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.