The Gross Domestic Product (GDP) in New Zealand expanded 0.80 percent in the first 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 0.70 percent in the first 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.

The gross domestic product (GDP) in current prices in New Zealand amounted to about 257.73 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 235.18 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 48.57 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.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.

New Zealand: Economic growth forecast: The latest value from 2030 is 2.2 percent, a decline from 2.24 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for New Zealand from 1980 to 2030 is 2.49 percent. The minimum value, -1.32 percent, was reached in 1991 while the maximum of 6.86 percent was recorded in 1984.

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.

New Zealand NZT Forecast:(GDP) Gross Domestic ProductProduction Measure: Average: YoY data was reported at 2.300 % in 2023. This records a decrease from the previous number of 2.500 % for 2022. New Zealand NZT Forecast:(GDP) Gross Domestic ProductProduction Measure: Average: YoY data is updated yearly, averaging 2.750 % from Jun 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 4.200 % in 1999 and a record low of -0.900 % in 2009. New Zealand NZT Forecast:(GDP) Gross Domestic ProductProduction Measure: Average: YoY data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.A023: Real GDP: Forecast: New Zealand Treasury.

Key information about New Zealand Real GDP Growth

• The Gross Domestic Product (GDP) in New Zealand expanded 1.8 % YoY in Mar 2023, following a growth of 2.4 % in the previous quarter.
• Real GDP Growth YoY data in New Zealand is updated quarterly, available from Jun 1983 to Mar 2023, with an average rate of 3.1 %.
• The data reached an all-time high of 18.8 % in Jun 2021 and a record low of -9.6 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics New Zealand provides Real GDP in local currency, at chain linked 2009-2010 prices. Real GDP Growth prior to Q2 1988 is calculated from GDP Volume Index sourced from the International Monetary Fund.


Related information about New Zealand Real GDP Growth

• In the latest reports, Nominal GDP of New Zealand reached 62.0 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.6 % in Mar 2023.
• GDP Per Capita in New Zealand reached 46,936.8 USD in Mar 2023.
• Its Gross Savings Rate was measured at 22.8 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 25.4 % in Mar 2023.
• Public Consumption accounted for 20.6 % in Mar 2023.
• Private Consumption accounted for 56.6 % in Mar 2023.

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.

The latest data from show economic growth of -0.7 percent, which is an increase from the rate of growth of -1.3 percent in the previous quarter and
a decrease compared to the growth rate of 1.3 percent in the same quarter last year. The economic growth time series for New Zealand cover the period...

GDP from Construction in New Zealand increased to 4125 NZD Million in the first quarter of 2025 from 4106 NZD Million in the fourth quarter of 2024. This dataset provides - New Zealand Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand: Economic growth: the rate of change of real GDP: The latest value from 2024 is -0.13 percent, a decline from 1.39 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for New Zealand from 1961 to 2024 is 2.66 percent. The minimum value, -4.59 percent, was reached in 1967 while the maximum of 10.19 percent was recorded in 1969.

New Zealand RBNZ Forecast: GDP: YoY data was reported at 2.600 % in Mar 2028. This records an increase from the previous number of 2.500 % for Dec 2027. New Zealand RBNZ Forecast: GDP: YoY data is updated quarterly, averaging 2.300 % from Sep 2017 (Median) to Mar 2028, with 43 observations. The data reached an all-time high of 15.600 % in Jun 2021 and a record low of -14.500 % in Jun 2020. New Zealand RBNZ Forecast: GDP: YoY data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.A011: SNA08: Real GDP by Expenditure: Forecast: Reserve Bank of New Zealand.

The gross domestic product (GDP) per capita in New Zealand was estimated at 48,310 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 41,050 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by 4,540 U.S. dollars, showing an overall upward trend with periodic ups and downs.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).

GDP (current US$) in New Zealand was reported at 260235932559 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

GDP per capita growth (annual %) in New Zealand was reported at --1.8757 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

New Zealand NZ: GDP: Growth: Imports of Goods and Services data was reported at 5.078 % in 2017. This records an increase from the previous number of 2.048 % for 2016. New Zealand NZ: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 4.974 % from Mar 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 21.321 % in 1974 and a record low of -21.596 % in 1976. New Zealand NZ: GDP: Growth: Imports of Goods and Services 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: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

New Zealand: Current account balance forecast, percent of GDP: The latest value from 2030 is -3.55 percent, an increase from -3.73 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for New Zealand from 1980 to 2030 is -4.22 percent. The minimum value, -9.25 percent, was reached in 2022 while the maximum of -0.33 percent was recorded in 1988.

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.

GDP Deflator in New Zealand increased to 1525 points in the first quarter of 2025 from 1509 points in the fourth quarter of 2024. This dataset provides - New Zealand GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.