The Gross Domestic Product (GDP) in New Zealand was worth 260.24 billion US dollars in 2024, according to official data from the World Bank. The GDP value of New Zealand represents 0.25 percent of the world economy. This dataset provides - New Zealand GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in New Zealand was 258.37 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 235.82 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 69.09 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Gross Domestic Product (GDP) in New Zealand contracted 0.90 percent in the second quarter of 2025 over the previous quarter. This dataset provides - New Zealand GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the growth of the real gross domestic product (GDP) in New Zealand amounted to about -0.48 percent. Between 1980 and 2024, the figure dropped by approximately 1.49 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 2.68 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in New Zealand contracted 0.60 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - New Zealand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand Gross Domestic Product (GDP) data was reported at 112,923.000 NZD mn in Dec 2024. This records an increase from the previous number of 103,132.000 NZD mn for Sep 2024. New Zealand Gross Domestic Product (GDP) data is updated quarterly, averaging 41,235.000 NZD mn from Jun 1987 (Median) to Dec 2024, with 151 observations. The data reached an all-time high of 112,923.000 NZD mn in Dec 2024 and a record low of 15,530.000 NZD mn in Sep 1987. New Zealand Gross Domestic Product (GDP) data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.A001: SNA08: GDP by Expenditure.

Key information about New Zealand GDP Per Capita

• New Zealand Gross Domestic Product (GDP) per Capita reached 48,319.462 USD in Mar 2025, compared with 48,643.286 USD in Mar 2024.
• New Zealand GDP Per Capita data is updated yearly, available from Mar 1961 to Mar 2025, with an average number of 11,748.518 USD.
• The data reached an all-time high of 49,176.291 USD in Mar 2022 and a record low of 1,678.696 in Mar 1961.
• *This indicator will be no longer available from March 2026, 4th onwards. CEIC has a plan to remove the non-standard frequency indicator after the standard frequency indicator has been added and be available on this table. CEIC converts annual GDP per Capita into USD. Stats NZ provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. GDP per Capita prior to 1992 is sourced from the World Bank. GDP per Capita is in annual frequency, ending in March of each year.

• In the latest reports, New Zealand GDP expanded 0.031 % YoY in Jun 2025.
• New Zealand Nominal GDP reached 65.658 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 4.274 % in Jun 2025.
• Gross Savings Rate of New Zealand was measured at 20.656 % in Jun 2025.

The gross domestic product (GDP) per capita in New Zealand amounted to 48,840 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 41,580 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 9,710 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Full Year GDP Growth in New Zealand decreased to -0.50 percent in 2024 from 1.80 percent in 2023. This dataset includes a chart with historical data for New Zealand Full Year GDP Growth.

New Zealand’s mining sector contributes significantly to its economy. In the year ended March 2024, the gross domestic product (GDP) of the mining industry amounted to approximately *** billion New Zealand dollars. Resources such as coal, iron ore, gold, and silver are mined by the thousands of people directly employed in that industry. Coal mining Coal is found in specific regions of the country including Waikato and Taranaki in the North Island, and the West Coast, Otago, and Southland in the South Island. West Coast mines were responsible for the largest amount of coal produced in the country. Coal is used as a primary energy source in New Zealand, however, a large volume of the coal mined was exported. Coal exports have been declining over the past seven years, with the production volume of coal significantly lower compared to a decade ago. New Zealand’s gold rush While New Zealand’s gold production fell well short of its neighbor Australia, the country was still among the leading gold mining nations in the Asia Pacific region. The Macraes Mine, located in the South Island of New Zealand, produced the highest volume of gold in 2023. Nevertheless, gold production has decreased overall in the country over the last decade.

GDP, billion currency units in New Zealand, June, 2025 The most recent value is 109.91 billion New Zealand Dollar as of Q2 2025, a decline compared to the previous value of 110.36 billion New Zealand Dollar. Historically, the average for New Zealand from Q2 1987 to Q2 2025 is 47.88 billion New Zealand Dollar. The minimum of 15.53 billion New Zealand Dollar was recorded in Q3 1987, while the maximum of 112.8 billion New Zealand Dollar was reached in Q4 2024. | TheGlobalEconomy.com

The agriculture, forestry, and fishing industry is a major production and export industry in New Zealand. In the year ended March 2024, the gross domestic product (GDP) of this industry amounted to over **** billion New Zealand dollars.  New Zealand agriculture  Pastoral farming of sheep and cattle constitutes a large portion of the New Zealand agriculture industry. Despite continuing a declining trend, New Zealand’s sheep population exceeded ** million in 2024. Sheep meat and wool are both important agricultural commodities produced in the country. These products, along with beef and lamb, are consumed domestically as well as exported overseas. Horticulture production is also an important segment. A wide variety of fresh and processed fruit and vegetables are produced, consumed, and exported from New Zealand. The highest value of horticultural exports from New Zealand went to Asia in 2024. Changing consumption habits The consumption of beef and veal in New Zealand is projected to decrease over the next years. At the same time, global meat consumption is predicted to reduce significantly in the next 15 years, with meat replacements and alternatives filling the market. With the country’s agriculture industry dependent on its meat exports, this presents both challenges and opportunities for New Zealand agriculture.

The Gross Domestic Product per capita in New Zealand was last recorded at 41416.28 US dollars in 2024. The GDP per Capita in New Zealand is equivalent to 328 percent of the world's average. This dataset provides - New Zealand GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand GDP per Capita: North Island data was reported at 79,420.000 NZD in 2024. This records an increase from the previous number of 77,389.000 NZD for 2023. New Zealand GDP per Capita: North Island data is updated yearly, averaging 49,036.000 NZD from Mar 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 79,420.000 NZD in 2024 and a record low of 30,583.000 NZD in 2000. New Zealand GDP per Capita: North Island data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.A019: SNA08: GDP per Capita: By Industry: by Region.

New Zealand GDP: Gross Capital Formation: Change in Inventories data was reported at 1,570.000 NZD mn in Dec 2024. This records an increase from the previous number of 219.000 NZD mn for Sep 2024. New Zealand GDP: Gross Capital Formation: Change in Inventories data is updated quarterly, averaging 328.000 NZD mn from Jun 1987 (Median) to Dec 2024, with 151 observations. The data reached an all-time high of 3,478.000 NZD mn in Dec 2022 and a record low of -3,895.000 NZD mn in Jun 2023. New Zealand GDP: Gross Capital Formation: Change in Inventories data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.A001: SNA08: GDP by Expenditure.

New Zealand's construction industry has seen relatively continuous growth over the past decade, contributing around **** billion New Zealand dollars in gross domestic product (GDP) in the year ended March 2024. Nonetheless, in 2025, the country's construction industry GDP fell to **** billion dollars. Key construction segments In New Zealand, the construction sector includes residential builds, commercial builds, and infrastructure such as roads and energy services. All segments have grown due to increasing demand for housing, offices, roads, energy, fiber installation, and water supply. New Zealand’s housing market has been an important topic over the years, with larger metropolitan regions such as Auckland facing large housing shortages. The value of residential building consents issued across the nation grew consistently between 2017 and 2022 before witnessing a decline in 2023 and 2024. In terms of infrastructure construction starting in 2024, transportation and water infrastructure projects led by volume. Climate resilience of infrastructure Owing to its geographical location, New Zealand has a relatively high natural disaster risk, including flooding and cyclones. Following damages caused to properties, roads, bridges, and other infrastructure in 2023 and 2024 due to Cyclone Gabrielle, the East Coast floods, and several wildfires, the ability of the country's housing and infrastructure to withstand climate change has shifted into focus. Building new and adapting existing buildings and infrastructure to be more climate resilient is becoming vital in terms of preparedness and the smooth functionality of the construction pipeline as a whole to reduce cancellations, delays, and high rebuild costs.

New Zealand GDP: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data was reported at 25,713.000 NZD mn in Dec 2024. This records an increase from the previous number of 25,108.000 NZD mn for Sep 2024. New Zealand GDP: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data is updated quarterly, averaging 9,800.000 NZD mn from Jun 1987 (Median) to Dec 2024, with 151 observations. The data reached an all-time high of 26,546.000 NZD mn in Dec 2023 and a record low of 3,218.000 NZD mn in Jun 1991. New Zealand GDP: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.A001: SNA08: GDP by Expenditure.

In 2024, the ratio of national debt to gross domestic product (GDP) of New Zealand was 50.24 percent. Between 1985 and 2024, the figure dropped by 13.89 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the ratio will rise by 2.76 percentage points, showing an overall upward trend with periodic ups and downs.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

New Zealand GDP per Capita: South Island data was reported at 74,395.000 NZD in 2024. This records an increase from the previous number of 71,999.000 NZD for 2023. New Zealand GDP per Capita: South Island data is updated yearly, averaging 46,707.000 NZD from Mar 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 74,395.000 NZD in 2024 and a record low of 25,768.000 NZD in 2000. New Zealand GDP per Capita: South Island data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.A019: SNA08: GDP per Capita: By Industry: by Region.

New Zealand GDP: Gross National Product data was reported at 115,756.000 NZD mn in Dec 2024. This records an increase from the previous number of 109,845.000 NZD mn for Sep 2024. New Zealand GDP: Gross National Product data is updated quarterly, averaging 41,624.000 NZD mn from Jun 1987 (Median) to Dec 2024, with 151 observations. The data reached an all-time high of 115,756.000 NZD mn in Dec 2024 and a record low of 15,175.000 NZD mn in Jun 1987. New Zealand GDP: Gross National Product data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.A001: SNA08: GDP by Expenditure.