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New Zealand flag

East Asia & Pacific

New Zealand GDP

Gross Domestic Product in current US dollars.

Latest Value

$260.17B

As of 2024

YoY Change

+2.0%

2023 → 2024

Record High

$260.17B

Recorded in 2024

Record Low

$5.23B

Recorded in 1968

10-Year Average

$223.09B

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: NY.GDP.MKTP.CD

Historical Trend

19602024

Analysis

New Zealand's GDP of 260,172,000,000 current US$ in 2024 indicates a strong and growing economy. The country's GDP is driven by its service sector, which accounts for a significant portion of its economic output. New Zealand's economy is also heavily influenced by its agricultural sector and trade relationships with other countries.

Historical Data

ValueYoY ChangeChange %
2024$260.17B$4.98B+2.0%
2023$255.19B$5.68B+2.3%
2022$249.51B$4.47B-1.8%
2021$253.98B$40.95B+19.2%
2020$213.03B$23.21M+0.0%
2019$213.01B$1.02B+0.5%
2018$211.99B$5.24B+2.5%
2017$206.75B$17.65B+9.3%
2016$189.10B$10.88B+6.1%
2015$178.22B$23.29B-11.6%

Source: World Bank Open Data · 1960–2024