Gross National Product in New Zealand decreased to 58711 NZD Million in the second quarter of 2020 from 67102 NZD Million in the first quarter of 2020.

Gross National Product in New Zealand averaged 42333.80 NZD Million from 1987 until 2020, reaching an all time high of 68344 NZD Million in the third quarter of 2019 and a record low of 25073 NZD Million in the fourth quarter of 1991. This page provides the latest reported value for - New Zealand Gross National Product - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Gross National Product - values, historical data and charts - was last updated on September of 2020.

Gross National Product in New Zealand is expected to be 65969.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in New Zealand to stand at 77703.00 in 12 months time. In the long-term, the New Zealand Gross National Product is projected to trend around 67005.00 NZD Million in 2021 and 68881.00 NZD Million in 2022, according to our econometric models.

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New Zealand Gross National Product

Actual Previous Highest Lowest Dates Unit Frequency
58711.00 67102.00 68344.00 25073.00 1987 - 2020 NZD Million Quarterly
Constant Prices, SA

New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate -12.20 -1.40 2.80 -12.20 percent [+]
GDP Annual Growth Rate -12.40 -0.10 7.30 -12.40 percent [+]
GDP 206.93 207.92 207.92 5.18 USD Billion [+]
GDP Constant Prices 57534.00 63771.00 64606.00 26743.00 NZD Million [+]
Gross National Product 58711.00 67102.00 68344.00 25073.00 NZD Million [+]
Gross Fixed Capital Formation 12368.00 15609.00 16252.00 4056.00 NZD Million [+]
GDP per capita 38993.00 38763.60 38993.00 19988.50 USD [+]
GDP per capita PPP 42887.52 42635.22 42887.52 26022.60 USD [+]
GDP From Agriculture 3265.00 3337.00 3411.00 1762.00 NZD Million [+]
GDP From Construction 2911.00 3921.00 4132.00 1108.00 NZD Million [+]
GDP From Manufacturing 5177.00 5952.00 6212.00 3920.00 NZD Million [+]
GDP From Mining 499.00 890.00 1187.00 437.00 NZD Million [+]
GDP From Public Administration 2841.00 2924.00 2924.00 1312.00 NZD Million [+]
GDP From Services 37700.00 42315.00 42742.00 16826.00 NZD Million [+]
GDP From Transport 1632.00 2661.00 2820.00 941.00 NZD Million [+]
GDP From Utilities 1608.00 1711.00 1738.00 1040.00 NZD Million [+]