New Zealand - Gross domestic product in current prices

391,301,874,951 (LCU) in 2022

In 2022, GDP (LCU) for New Zealand was 391,301 million LCU. Between 1973 and 2022, GDP (LCU) of New Zealand grew substantially from 9,201 million to 391,301 million LCU rising at an increasing annual rate that reached a maximum of 22.62% in 1976 and then decreased to 8.30% in 2022.

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What is GDP (LCU)?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

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What is New Zealand GDP (LCU)?