Services value added — all countries

Services value added — New Zealand

Services value added in New Zealand in 2023 — 174,931,938,673 US$. Ranked 46 in the world out of 195. Since 1971, the indicator has risen by 4,165%.

2023 175B US$ +3.93% vs 2022
World rank 46of 195
Period maximum 175B US$2023
Period minimum 4.1B US$1971

Trend over time

1971–2023 · US$

Services value added — New Zealand, 1971–2023050B100B150B200B19711977198319891995200120072013201920231971: 4,101,557,992 US$1972: 4,899,124,939 US$1973: 6,742,729,929 US$1974: 7,534,473,249 US$1975: 7,004,743,619 US$1976: 7,162,899,454 US$1977: 8,304,532,438 US$1978: 10,156,772,575 US$1979: 10,942,602,424 US$1980: 12,630,766,261 US$1981: 13,212,055,616 US$1982: 13,202,476,329 US$1983: 13,424,027,340 US$1984: 11,748,937,053 US$1985: 14,236,828,645 US$1986: 17,989,015,632 US$1987: 23,548,746,518 US$1988: 27,032,528,180 US$1989: 25,731,194,887 US$1990: 27,449,949,202 US$1991: 25,675,219,446 US$1992: 25,094,640,578 US$1993: 27,903,323,931 US$1994: 32,950,729,593 US$1995: 38,627,125,399 US$1996: 42,815,318,440 US$1997: 40,821,408,309 US$1998: 35,573,977,578 US$1999: 36,846,229,695 US$2000: 32,527,115,444 US$2001: 33,465,176,628 US$2002: 42,112,967,618 US$2003: 56,396,726,518 US$2004: 66,385,882,353 US$2005: 73,773,850,595 US$2006: 71,754,750,016 US$2007: 86,983,905,343 US$2008: 85,644,900,541 US$2009: 79,552,126,929 US$2010: 94,355,676,730 US$2011: 108,306,874,285 US$2012: 114,718,362,692 US$2013: 123,020,353,487 US$2014: 131,959,184,802 US$2015: 117,478,338,186 US$2016: 124,036,824,977 US$2017: 134,351,201,085 US$2018: 138,644,417,665 US$2019: 139,364,572,182 US$2020: 141,058,217,642 US$2021: 170,381,949,356 US$2022: 168,320,317,866 US$2023: 174,931,938,673 US$
Change over the period: +171B (+4,165.01%) Average annual rate: 7.48 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: New Zealand

New Zealand 175B US$
World 67.67T US$
East Asia & Pacific 18.62T US$
Australia and New Zealand computed 1.28T US$
High-income countries computed 24.91T US$
Services value added — New Zealand, by year New Zealand All countries CSV XLSX
Year US$ Change Change, %
2023 175B +6.61B +3.93%
2022 168B −2.06B −1.21%
2021 170B +29.32B +20.79%
2020 141B +1.69B +1.22%
2019 139B +720M +0.52%
2018 139B +4.29B +3.2%
2017 134B +10.31B +8.32%
2016 124B +6.56B +5.58%
2015 117B −14.48B −10.97%
2014 132B +8.94B +7.27%
2013 123B +8.3B +7.24%
2012 115B +6.41B +5.92%
2011 108B +13.95B +14.79%
2010 94.36B +14.8B +18.61%
2009 79.55B −6.09B −7.11%
2008 85.64B −1.34B −1.54%
2007 86.98B +15.23B +21.22%
2006 71.75B −2.02B −2.74%
2005 73.77B +7.39B +11.13%
2004 66.39B +9.99B +17.71%
2003 56.4B +14.28B +33.92%
2002 42.11B +8.65B +25.84%
2001 33.47B +938M +2.88%
2000 32.53B −4.32B −11.72%
1999 36.85B +1.27B +3.58%
1998 35.57B −5.25B −12.85%
1997 40.82B −1.99B −4.66%
1996 42.82B +4.19B +10.84%
1995 38.63B +5.68B +17.23%
1994 32.95B +5.05B +18.09%
1993 27.9B +2.81B +11.19%
1992 25.09B −581M −2.26%
1991 25.68B −1.77B −6.47%
1990 27.45B +1.72B +6.68%
1989 25.73B −1.3B −4.81%
1988 27.03B +3.48B +14.79%
1987 23.55B +5.56B +30.91%
1986 17.99B +3.75B +26.36%
1985 14.24B +2.49B +21.18%
1984 11.75B −1.68B −12.48%
1983 13.42B +222M +1.68%
1982 13.2B −9.58M −0.07%
1981 13.21B +581M +4.6%
1980 12.63B +1.69B +15.43%
1979 10.94B +786M +7.74%
1978 10.16B +1.85B +22.3%
1977 8.3B +1.14B +15.94%
1976 7.16B +158M +2.26%
1975 7B −530M −7.03%
1974 7.53B +792M +11.74%
1973 6.74B +1.84B +37.63%
1972 4.9B +798M +19.45%
1971 4.1B

Australia and New Zealand, 2023

The same indicator for neighboring countries — with links to their pages

AU Australia 1.1T NZ New Zealand 175B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.