New Zealand NZ: GDP: USD: Gross National Income: Atlas Method

New Zealand NZ: GDP: USD: Gross National Income: Atlas Method data was reported at 186.841 USD bn in 2018. This records an increase from the previous number of 180.966 USD bn for 2017. New Zealand NZ: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 51.126 USD bn from Mar 1973 (Median) to 2018, with 46 observations. The data reached an all-time high of 187.095 USD bn in 2015 and a record low of 8.685 USD bn in 1973. New Zealand NZ: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

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