New Zealand GDP Annual Growth Rate  1988-2018 | Data | Chart | Calendar

The GDP in New Zealand expanded 2.7 percent year-on-year in the third quarter of 2017, following an upwardly revised 2.8 percent growth in the previous period and market expectations of 2.3 percent. The downtick compared to the second quarter was mainly explained by softer growth in manufacturing (1.8 percent vs 3.2 percent), utilities (0.7 percent vs 2.6 percent), and services (3.0 percent vs 3.4 percent). In contrast, construction rebounded sharply versus Q2 (1.9 percent vs -0.2 percent). GDP Annual Growth Rate in New Zealand averaged 2.60 percent from 1988 until 2017, reaching an all time high of 7.30 percent in the third quarter of 1993 and a record low of -2.50 percent in the first quarter of 2009.

New Zealand GDP Annual Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-06-14 10:45 PM GDP Growth Rate YoY 2.5% 2.7% 2.7% 2.9%
2017-09-20 10:45 PM GDP Growth Rate YoY 2.5% 2.5% 2.5% 2.8%
2017-12-20 09:45 PM GDP Growth Rate YoY 2.7% 2.8% 2.3% 2.4%
2018-03-14 09:45 PM GDP Growth Rate YoY 2.7% 2.60%
2018-06-20 10:45 PM GDP Growth Rate YoY 2.60%
2018-09-20 10:45 PM GDP Growth Rate YoY 2.50%


New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.00 2.80 -2.40 percent [+]
GDP Annual Growth Rate 2.70 2.80 7.30 -2.50 percent [+]
GDP 185.02 175.56 200.70 0.00 USD Billion [+]
GDP Constant Prices 60618.00 60049.00 60618.00 26759.00 NZD Million [+]
Gross National Product 62839.00 62203.00 62839.00 25092.00 NZD Million [+]
Gross Fixed Capital Formation 15178.00 14945.00 15178.00 4063.00 NZD Million [+]
GDP per capita 36842.00 36191.50 36842.00 21506.50 USD [+]
GDP per capita PPP 35269.10 34646.30 35269.10 22767.50 USD [+]
GDP From Agriculture 3360.00 3395.00 3395.00 1804.00 NZD Million [+]
GDP From Construction 3811.00 3679.00 3811.00 1108.00 NZD Million [+]
GDP From Manufacturing 5943.00 5901.00 6266.00 3968.00 NZD Million [+]
GDP From Mining 761.00 738.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 2529.00 2528.00 2529.00 1311.00 NZD Million [+]
GDP From Services 40090.00 39852.00 40090.00 16800.00 NZD Million [+]
GDP From Transport 2769.00 2731.00 2769.00 941.00 NZD Million [+]
GDP From Utilities 1715.00 1742.00 1742.00 1040.00 NZD Million [+]


New Zealand GDP Annual Growth Rate

In New Zealand, services are the biggest sector of the economy and account for 75 percent of total GDP. Within services the most important segments are: finance, insurance and business services (30 percent); personal and community services (13 percent), and transport and communication (11 percent). Industry accounts for 17 percent of GDP. Within industry, manufacturing represents 13 percent of GDP while construction 4 percent. The remaining 8 percent is contributed by agriculture, fishing, forestry and mining. This page provides - New Zealand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.80 7.30 -2.50 1988 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


Related

Latest