New Zealand GDP Annual Growth Rate  1988-2017 | Data | Chart | Calendar

The GDP in New Zealand expanded 2.70 percent year-on-year in the fourth quarter of 2016, following a downwardly revised 3.3 percent growth in the previous period and lower than market expectations of 3.1 percent. GDP Annual Growth Rate in New Zealand averaged 2.51 percent from 1988 until 2016, 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
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-14 10:45 PM Q2 3.6% 3% 3.7% 2.6%
2016-12-21 09:45 PM Q3 3.5% 3.4% 3.7% 3.4%
2017-03-15 09:45 PM Q4 2.7% 3.3% 3.1% 3.2%
2017-06-15 10:45 PM Q1 2.7% 2.37%
2017-09-14 10:45 PM Q2 2.09%
2017-12-16 09:45 PM Q3 2.18%




New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.80 2.80 -2.40 percent [+]
GDP Annual Growth Rate 2.70 3.30 7.30 -2.50 percent [+]
GDP 173.75 200.14 200.14 5.18 USD Billion [+]
GDP Constant Prices 58178.00 58068.00 58178.00 26766.00 NZD Million [+]
Gross National Product 61130.00 60050.00 61130.00 25099.00 NZD Million [+]
Gross Fixed Capital Formation 14370.00 14271.00 14370.00 4071.00 NZD Million [+]
GDP per capita 36801.40 36272.47 36801.40 21659.83 USD [+]
GDP per capita PPP 35158.64 34653.33 35158.64 22888.25 USD [+]
GDP From Agriculture 3145.00 3170.00 3266.00 1804.00 NZD Million [+]
GDP From Construction 3575.00 3511.00 3575.00 1107.00 NZD Million [+]
GDP From Manufacturing 5754.00 5845.00 6266.00 3968.00 NZD Million [+]
GDP From Mining 781.00 800.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 2449.00 2455.00 2455.00 1311.00 NZD Million [+]
GDP From Services 38459.00 38191.00 38459.00 16867.00 NZD Million [+]
GDP From Transport 2450.00 2468.00 2468.00 941.00 NZD Million [+]
GDP From Utilities 1615.00 1617.00 1629.00 1040.00 NZD Million [+]


New Zealand GDP Annual Growth Rate Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 3.30 7.30 -2.50 1988 - 2016 percent Quarterly



gdp annual growth rate by Country

Last
India 7.00 Dec/16
China 6.90 Mar/17
Indonesia 5.01 Mar/17
Turkey 3.50 Dec/16
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Mar/17
Australia 2.40 Dec/16
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Canada 1.90 Dec/16
Euro Area 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.60 Mar/17
France 0.80 Mar/17
Italy 0.80 Mar/17
Switzerland 0.60 Dec/16
Russia 0.50 Mar/17
Brazil -2.50 Dec/16