GDP From Construction in New Zealand decreased to 3886 NZD Million in the second quarter of 2019 from 3917 NZD Million in the first quarter of 2019. GDP From Construction in New Zealand averaged 2250.64 NZD Million from 1987 until 2019, reaching an all time high of 3917 NZD Million in the first quarter of 2019 and a record low of 1108 NZD Million in the third quarter of 1992.
GDP From Construction in New Zealand is expected to be 3797.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Construction in New Zealand to stand at 4048.00 in 12 months time. In the long-term, the New Zealand GDP From Construction is projected to trend around 4099.00 NZD Million in 2020, according to our econometric models.