New Zealand GDP from Services
Services value added as a share of GDP.
GDP from Services in New Zealand increased to 68.23 percent of GDP in 2023 from 67.40 percent of GDP in 2022.
New Zealand GDP from Services — History
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New Zealand GDP from Services — analysis in simple words
Latest reading
GDP from Services in New Zealand increased to 68.23 percent of GDP in 2023 from 67.40 percent of GDP in 2022.
It has risen in each of the last three years.
Recent trend
A year earlier (2022) it was 67.4%, so the latest figure is 0.8 percentage points higher.
Over the past five years the average was 66.9%, with a range from 65.4% to 68.2%. The latest value is above that five-year average.
Historical context
This data series starts in 1971 and has 53 annual observations. The latest reading is higher than 98% of all of them.
The highest value on record is 68.2% (2023) and the lowest is 51.2% (1972). The long-run average is 60.6%.
Compared with other countries
Among 202 economies with recent data, New Zealand ranks 41st from the top. The median across all these economies is 57.7%, so New Zealand is above the typical country.
Within East Asia & Pacific (31 economies with data) it ranks 10th; the regional median is 60.2%.
Statistics
- Latest
- 68.2%2023
- Previous
- 67.4%
- 5-year average
- 66.9%
- Long-run average
- 60.6%since 1971
- All-time high
- 68.2%2023
- All-time low
- 51.2%1972
- Observations
- 53Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2023 | 68.2% | ▲ +0.8 pp |
| 2022 | 67.4% | ▲ +0.3 pp |
| 2021 | 67.2% | ▲ +1.0 pp |
| 2020 | 66.1% | ▲ +0.7 pp |
| 2019 | 65.4% | ▼ −0.1 pp |
| 2018 | 65.5% | ▲ +0.4 pp |
| 2017 | 65.0% | ▼ −0.6 pp |
| 2016 | 65.6% | ▼ −0.3 pp |
| 2015 | 65.9% | ▲ +0.4 pp |
| 2014 | 65.5% | ▲ +1.1 pp |
| 2013 | 64.4% | ▼ −0.6 pp |
| 2012 | 65.0% | ▲ +0.7 pp |
| 2011 | 64.3% | ▲ +0.1 pp |
| 2010 | 64.2% | ▼ −1.2 pp |
| 2009 | 65.4% | ▲ +1.2 pp |
| 2008 | 64.2% | ▲ +0.8 pp |
| 2007 | 63.4% | ▼ −0.9 pp |
| 2006 | 64.3% | ▲ +0.0 pp |
| 2005 | 64.3% | ▲ +0.4 pp |
| 2004 | 63.9% | ▼ −0.0 pp |
| 2003 | 63.9% | ▲ +0.7 pp |
| 2002 | 63.2% | ▲ +1.1 pp |
| 2001 | 62.1% | ▲ +0.3 pp |
| 2000 | 61.8% | ▼ −0.9 pp |
| 1999 | 62.7% | ▼ −0.6 pp |
| 1998 | 63.3% | ▲ +1.5 pp |
| 1997 | 61.8% | ▲ +0.7 pp |
| 1996 | 61.0% | ▲ +0.6 pp |
| 1995 | 60.4% | ▲ +0.9 pp |
| 1994 | 59.6% |
GDP from Services — New Zealand vs Peers
Latest available reading for each economy (periods may differ). New Zealand highlighted.
More New Zealand indicators
Understanding GDP from Services — a simple guide
What it measures
Services value added as a share of GDP.
How it is calculated
Value added by services (trade, transport, finance, IT, health, education, government) ÷ GDP × 100.
A share of 55% means more than half the economy is services.
Service-heavy economies tend to be less cyclical.
A lower share means agriculture or industry plays a bigger role.
Why it matters for the economy and markets
Services dominate most advanced economies and a growing share of emerging ones.
How to read it
Services tend to be less cyclical than industry and more dependent on domestic demand.
Data source
World Bank — World Development Indicators (series NV.SRV.TOTL.ZS), annual data from 1971 to 2023. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current gdp from services of New Zealand?
What is the highest and lowest gdp from services of New Zealand?
What does gdp from services measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.