Oil reserves, annual growth rate in New Zealand

New Zealand: Oil reserves, annual growth rate was -5.32 % change on previous year in 2021. ◆ Volatile

Latest (2021)
-5.32 % change on previous year
Change on year
up 50.7%
World rank
92nd
of 99 countries
All-time high
111.88 % change on previous year
in 2003
All-time low
-71.27 % change on previous year
in 2004
Years of data
41
1981–2021

Oil reserves, annual growth rate in New Zealand, 1981–2021

-500501001981200120211981: 57.3 % change on previous year1982: -1.3 % change on previous year1983: -1.1 % change on previous year1984: 0.591 % change on previous year1985: -8.8 % change on previous year1986: 13.5 % change on previous year1987: -5.1 % change on previous year1988: -4.2 % change on previous year1989: 14.2 % change on previous year1990: -20.1 % change on previous year1991: 43.2 % change on previous year1992: -18.6 % change on previous year1993: -0.388 % change on previous year1994: -8 % change on previous year1995: -12.4 % change on previous year1996: -23.9 % change on previous year1997: 29.9 % change on previous year1998: 7.6 % change on previous year1999: -12.6 % change on previous year2000: 0 % change on previous year2001: 0 % change on previous year2002: -29.5 % change on previous year2003: 111.9 % change on previous year2004: -71.3 % change on previous year2005: -5.5 % change on previous year2006: 3 % change on previous year2007: 0 % change on previous year2008: 3.8 % change on previous year2009: 9.1 % change on previous year2010: 0 % change on previous year2011: 87.5 % change on previous year2012: -14.6 % change on previous year2013: -15.3 % change on previous year2014: -3.7 % change on previous year2015: -14.3 % change on previous year2016: -4.6 % change on previous year2017: -11.2 % change on previous year2018: 3.2 % change on previous year2019: -17.3 % change on previous year2020: -10.8 % change on previous year2021: -5.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

New Zealand recorded -5.32 % change on previous year for oil reserves, annual growth rate in 2021.

Compared with earlier readings it is up 50.7% on the previous year and down 106.1% over ten years.

Over the whole period, oil reserves, annual growth rate in New Zealand peaked at 111.88 % change on previous year in 2003 and was at its lowest, -71.27 % change on previous year, in 2004.

That places New Zealand 92nd out of 99 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Oil reserves, annual growth rate in New Zealand, year by year

Annual values for Oil reserves, annual growth rate in New Zealand, 1981 to 2021.
Year % change on previous year Change
1981 57.27 % change on previous year
1982 -1.27 % change on previous year -102.2%
1983 -1.05 % change on previous year -17.2%
1984 0.5914 % change on previous year -156.1%
1985 -8.82 % change on previous year -1592.0%
1986 13.55 % change on previous year -253.6%
1987 -5.11 % change on previous year -137.7%
1988 -4.19 % change on previous year -18.0%
1989 14.16 % change on previous year -437.7%
1990 -20.07 % change on previous year -241.7%
1991 43.15 % change on previous year -315.0%
1992 -18.55 % change on previous year -143.0%
1993 -0.3876 % change on previous year -97.9%
1994 -8 % change on previous year +1964.7%
1995 -12.44 % change on previous year +55.4%
1996 -23.87 % change on previous year +91.9%
1997 29.86 % change on previous year -225.1%
1998 7.58 % change on previous year -74.6%
1999 -12.59 % change on previous year -266.0%
2000 0 % change on previous year -100.0%
2001 0 % change on previous year
2002 -29.5 % change on previous year
2003 111.88 % change on previous year -479.2%
2004 -71.27 % change on previous year -163.7%
2005 -5.54 % change on previous year -92.2%
2006 2.95 % change on previous year -153.3%
2007 0 % change on previous year -100.0%
2008 3.77 % change on previous year
2009 9.09 % change on previous year +140.9%
2010 0 % change on previous year -100.0%
2011 87.5 % change on previous year
2012 -14.58 % change on previous year -116.7%
2013 -15.3 % change on previous year +4.9%
2014 -3.69 % change on previous year -75.9%
2015 -14.29 % change on previous year +287.6%
2016 -4.61 % change on previous year -67.7%
2017 -11.23 % change on previous year +143.5%
2018 3.18 % change on previous year -128.3%
2019 -17.32 % change on previous year -645.2%
2020 -10.8 % change on previous year -37.7%
2021 -5.32 % change on previous year -50.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.23 % change on previous year -8.82 % change on previous year 57.27 % change on previous year 9
1990s -1.53 % change on previous year -23.87 % change on previous year 43.15 % change on previous year 10
2000s 2.14 % change on previous year -71.27 % change on previous year 111.88 % change on previous year 10
2010s 0.9664 % change on previous year -17.32 % change on previous year 87.5 % change on previous year 10
2020s -8.06 % change on previous year -10.8 % change on previous year -5.32 % change on previous year 2

Countries ranked near New Zealand

  1. 89 Austria -4.86 % change on previous year compare
  2. 90 Pakistan -5 % change on previous year compare
  3. 91 Poland -5.04 % change on previous year compare
  4. 93 Brazil -5.36 % change on previous year compare
  5. 94 Barbados -6.83 % change on previous year compare
  6. 95 United Kingdom of Great Britain and Northern Ireland -7.41 % change on previous year compare

See the full ranking of 99 places →

More energy & mining data for New Zealand

All data for New Zealand →

Frequently asked questions

What is oil reserves, annual growth rate in New Zealand?
Oil reserves, annual growth rate in New Zealand was -5.32 % change on previous year in 2021, according to Statizoid (derived).
What is the highest oil reserves, annual growth rate recorded in New Zealand?
The highest recorded value was 111.88 % change on previous year in 2003.
What is the lowest oil reserves, annual growth rate recorded in New Zealand?
The lowest recorded value was -71.27 % change on previous year in 2004.
How does New Zealand rank for oil reserves, annual growth rate?
New Zealand ranks 92nd out of 99 countries with data for 2021.
Is oil reserves, annual growth rate rising or falling in New Zealand?
Over the last ten years it is down 106.1%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from Statizoid (derived), published as part of Oil reserves, annual growth rate. Statizoid updates them automatically from the source API.

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Oil reserves, annual growth rate in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://energy.statizoid.com/stat/oil-reserves-annual-growth-rate/new-zealand/

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How this figure is calculated

The year-on-year percentage change in Oil reserves. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oil reserves, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
99 places, 3,444 data points, 1981–2021
Last refreshed

The year-on-year percentage change in Oil reserves. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.