New Zealand's import value index (2015 = 100) was 128.2 in 2024, the latest year in the World Bank's World Development Indicators. That is up 10.23% from 116.3 in 2014 (0.98% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 128.2 | 2024 |
| Five years earlier | 115.9 | 2019 |
| Ten years earlier | 116.3 | 2014 |
| Highest | 148.3 | 2022 |
| Lowest | 70 | 2009 |
| Average since 2015 | 119.54 | 2015–2024 |
| First recorded | 71.7 | 2005 |
What the numbers say
In 2024, New Zealand's import value index (2015 = 100) fell 8.5 on 2023 (from 136.7 to 128.2).
Across the 18 yearly changes before that (2006 to 2023), the average change was +3.61 and a typical year strayed about 14.08 from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 34.8 in 2021 and the biggest yearly fall was 24 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 4.53 a year. A straight line explains 62% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, New Zealand had the 150th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| New Zealand | 128.2 | 2024 |
| World | 148.1 | 2024 |
Closest to New Zealand in the 2024 ranking
What this measures
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.
All 20 values
| Year | Import value index (2015 = 100) |
|---|---|
| 2024 | 128.2 |
| 2023 | 136.7 |
| 2022 | 148.3 |
| 2021 | 136.4 |
| 2020 | 101.6 |
| 2019 | 115.9 |
| 2018 | 119.8 |
| 2017 | 109.8 |
| 2016 | 98.7 |
| 2015 | 100 |
| 2014 |
Import value index (2015 = 100) in nearby economies
- American Samoa — 105.9 (2024)
- Australia — 142.1 (2024)
- Brunei Darussalam — 232 (2024)
- Cambodia — 215.4 (2024)
- China — 153.9 (2024)
- Fiji — 149.3 (2024)
- French Polynesia — 149.7 (2024)
- Guam — 127.5 (2024)
- Hong Kong SAR, China — 126 (2024)
- Indonesia — 166 (2024)
- Japan — 114.7 (2024)
More trade data for New Zealand
- Tariff rate, applied, simple mean, manufactured products (%) — 2.38% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 2.29% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 1.81% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 2.81% (2022)
- Tariff rate, applied, simple mean, all products (%) — 2.27% (2022)
- Tariff rate, most favored nation, simple mean, all products (%) — 1.97% (2022)
- Tariff rate, applied, weighted mean, all products (%) — 1.7% (2022)
- Tariff rate, most favored nation, weighted mean, all products (%)
Reading data like this
Questions people ask
- What is New Zealand's import value index (2015 = 100)?
- 128.2 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 78.8% from 71.7 in 2005 (3.11% a year on average, compounded). The highest value was 148.3 in 2022 and the lowest 70 in 2009.
- How does New Zealand rank?
- 150th highest of 204 economies with data for 2024.
- Is the latest change in import value index (2015 = 100) unusual for New Zealand?
- In 2024, New Zealand's import value index (2015 = 100) fell 8.5 on 2023 (from 136.7 to 128.2). Across the 18 yearly changes before that (2006 to 2023), the average change was +3.61 and a typical year strayed about 14.08 from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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