This indicator shows the amount of energy that is needed to produce a monetary unit of New Zealand’s gross domestic product (GDP). Energy intensity provides an indication of the relationship between energy use and economic growth. It is calculated as energy use divided by gross domestic product (GDP) and tells us the amount of energy required to produce each dollar of GDP. A fall in the indicator, where less energy is required to produce each dollar of GDP, is viewed as an improvement. |
In 2019 the NZ economy used