New Zealand Nominal GDP
1987 - 2020 | Quarterly | USD mn | CEIC Data
New Zealand Nominal GDP reached 56.8 USD bn in Dec 2020, compared with 55.7 USD bn in the previous quarter. Nominal GDP in New Zealand is updated quarterly, available from Jun 1987 to Dec 2020, with an average number of 23.9 USD bn. The data reached an all-time high of 56.8 USD bn in Dec 2020 and a record low of 9.2 USD bn in Jun 1987. CEIC converts quarterly Nominal GDP into USD. Statistics New Zealand provides Nominal GDP in local currency. Federal Reserve Bank average market exchange rate is used for currency conversions.
In the latest reports, New Zealand GDP expanded 3.9 % YoY in Sep 2020. Its GDP deflator (implicit price deflator) increased 1.5 % in Sep 2020. New Zealand GDP Per Capita reached 41,565.8 USD in Mar 2020. Its Gross Savings Rate was measured at 22.6 % in Dec 2020. For Nominal GDP contributions, Investment accounted for 23.8 % in Dec 2020. Public Consumption accounted for 18.7 % in Dec 2020. Private Consumption accounted for 58.7 % in Dec 2020.
View New Zealand's Nominal GDP from Jun 1987 to Dec 2020 in the chart:
What was New Zealand's Nominal GDP in Dec 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 56,834.1 Dec 2020 | 55,749.3 Sep 2020 | 9,168.8 Jun 1987 | 56,834.1 Dec 2020 | USD mn | quarterly | Jun 1987 - Dec 2020 |
Nominal GDP by Country Comparison
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Includes Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 4,084.6 Dec 2020 | quarterly | Mar 2008 - Dec 2020 |
| Algeria (USD mn) | 40,083.4 Mar 2020 | quarterly | Mar 1999 - Mar 2020 |
| Argentina (USD mn) | 98,796.7 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Armenia (USD mn) | 3,772.5 Dec 2020 | quarterly | Dec 1994 - Dec 2020 |
| Australia (USD mn) | 370,722.8 Dec 2020 | quarterly | Sep 1959 - Dec 2020 |
| Austria (USD mn) | 112,635.8 Dec 2020 | quarterly | Mar 1988 - Dec 2020 |
| Azerbaijan (USD mn) | 11,816.5 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bahrain (USD mn) | 8,820.3 Dec 2020 | quarterly | Mar 2007 - Dec 2020 |
| Bangladesh (USD mn) | 329,803.7 2020 | yearly | 1960 - 2020 |
| Belarus (USD mn) | 15,790.2 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Belgium (USD mn) | 138,144.8 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
| Bolivia (USD mn) | 7,649.5 Jun 2020 | quarterly | Mar 1990 - Jun 2020 |
| Bosnia and Herzegovina (USD mn) | 5,340.8 Dec 2020 | quarterly | Mar 2008 - Dec 2020 |
| Botswana (USD mn) | 4,337.2 Dec 2020 | quarterly | Sep 1993 - Dec 2020 |
| Brazil (USD mn) | 377,635.0 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| Brunei (USD mn) | 3,017.2 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Bulgaria (USD mn) | 20,217.2 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Cambodia (USD mn) | 27,030.5 2019 | yearly | 1993 - 2019 |
| Canada (USD mn) | 442,590.5 Dec 2020 | quarterly | Mar 1957 - Dec 2020 |
| Chile (USD mn) | 73,445.4 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| China (USD mn) | 3,847,732.8 Mar 2021 | quarterly | Mar 1992 - Mar 2021 |
| Colombia (USD mn) | 72,827.1 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Croatia (USD mn) | 14,691.2 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Cyprus (USD mn) | 6,313.4 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Czech Republic (USD mn) | 65,089.1 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Denmark (USD mn) | 94,351.6 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| Ecuador (USD mn) | 24,680.8 Dec 2020 | quarterly | Mar 1991 - Dec 2020 |
| Egypt (USD mn) | 102,451.7 Sep 2020 | quarterly | Sep 2001 - Sep 2020 |
| Estonia (USD mn) | 8,326.1 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| European Union (USD mn) | 4,058,072.6 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Finland (USD mn) | 71,189.1 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| France (USD mn) | 700,846.2 Dec 2020 | quarterly | Mar 1957 - Dec 2020 |
| Georgia (USD mn) | 4,252.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Germany (USD mn) | 1,009,253.9 Dec 2020 | quarterly | Mar 1960 - Dec 2020 |
| Ghana (USD mn) | 16,226.1 Sep 2020 | quarterly | Mar 2006 - Sep 2020 |
| Greece (USD mn) | 49,136.0 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Hong Kong SAR, China (USD mn) | 92,070.8 Dec 2020 | quarterly | Mar 1973 - Dec 2020 |
| Hungary (USD mn) | 44,941.1 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Iceland (USD mn) | 5,709.9 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| India (USD mn) | 739,298.6 Dec 2020 | quarterly | Jun 1996 - Dec 2020 |
| Indonesia (USD mn) | 273,105.8 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| Iran (USD mn) | 223,333.3 Sep 2020 | quarterly | Jun 1988 - Sep 2020 |
| Ireland (USD mn) | 112,119.3 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Israel (USD mn) | 107,335.6 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Italy (USD mn) | 506,144.4 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
| Ivory Coast (USD mn) | 10,091.2 Sep 2018 | quarterly | Mar 1997 - Sep 2018 |
| Japan (USD mn) | 1,318,837.0 Dec 2020 | quarterly | Mar 1957 - Dec 2020 |
| Jordan (USD mn) | 11,624.5 Dec 2020 | quarterly | Mar 1992 - Dec 2020 |
| Kazakhstan (USD mn) | 41,643.5 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
| Kenya (USD mn) | 24,509.1 Sep 2020 | quarterly | Mar 2009 - Sep 2020 |
| South Korea (USD mn) | 438,452.5 Dec 2020 | quarterly | Mar 1960 - Dec 2020 |
| Kosovo (USD mn) | 2,267.2 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Kuwait (USD mn) | 25,823.2 Sep 2020 | quarterly | Mar 2010 - Sep 2020 |
| Kyrgyzstan (USD mn) | 1,400.7 Mar 2021 | quarterly | Mar 2000 - Mar 2021 |
| Laos (USD mn) | 18,897.3 2019 | yearly | 1980 - 2019 |
| Latvia (USD mn) | 8,979.4 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Lebanon (USD mn) | 53,595.4 2019 | yearly | 1997 - 2019 |
| Lithuania (USD mn) | 14,777.4 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Luxembourg (USD mn) | 20,088.2 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Macau SAR, China (USD mn) | 7,707.5 Dec 2020 | quarterly | Mar 1998 - Dec 2020 |
| North Macedonia (USD mn) | 3,627.6 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
| Malaysia (USD mn) | 92,103.8 Dec 2020 | quarterly | Mar 1991 - Dec 2020 |
| Malta (USD mn) | 3,942.6 Dec 2020 | quarterly | Mar 1992 - Dec 2020 |
| Mauritius (USD mn) | 3,006.1 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Mexico (USD mn) | 296,709.7 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Moldova (USD mn) | 3,287.2 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Mongolia (USD mn) | 3,687.2 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Montenegro (USD mn) | 1,382.5 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Morocco (USD mn) | 30,340.0 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| Mozambique (USD mn) | 15,303.3 2019 | yearly | 1963 - 2019 |
| Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
| Nepal (USD mn) | 32,387.7 2020 | yearly | 2001 - 2020 |
| Netherlands (USD mn) | 244,245.5 Dec 2020 | quarterly | Mar 1988 - Dec 2020 |
| New Zealand (USD mn) | 56,834.1 Dec 2020 | quarterly | Jun 1987 - Dec 2020 |
| Nigeria (USD mn) | 114,788.1 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Norway (USD mn) | 96,808.6 Dec 2020 | quarterly | Mar 1978 - Dec 2020 |
| Oman (USD mn) | 15,438.8 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Pakistan (USD mn) | 264,050.6 2020 | yearly | 2000 - 2020 |
| Palestinian Territory (USD mn) | 4,068.1 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Panama (USD mn) | 14,995.4 Dec 2020 | quarterly | Mar 2007 - Dec 2020 |
| Paraguay (USD mn) | 9,661.2 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Peru (USD mn) | 59,049.2 Dec 2020 | quarterly | Mar 1979 - Dec 2020 |
| Philippines (USD mn) | 106,806.9 Dec 2020 | quarterly | Mar 1981 - Dec 2020 |
| Poland (USD mn) | 171,927.8 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Portugal (USD mn) | 61,882.7 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Qatar (USD mn) | 37,563.7 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Romania (USD mn) | 68,387.7 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Russia (USD mn) | 406,275.9 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Saudi Arabia (USD mn) | 186,016.8 Dec 2020 | quarterly | Mar 2003 - Dec 2020 |
| Serbia (USD mn) | 15,077.7 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Singapore (USD mn) | 87,937.8 Dec 2020 | quarterly | Mar 1975 - Dec 2020 |
| Slovakia (USD mn) | 28,325.2 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Slovenia (USD mn) | 13,946.3 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| South Africa (USD mn) | 85,789.3 Dec 2020 | quarterly | Mar 1960 - Dec 2020 |
| Spain (USD mn) | 345,657.7 Dec 2020 | quarterly | Mar 1970 - Dec 2020 |
| Sri Lanka (USD mn) | 21,775.6 Dec 2020 | quarterly | Mar 2002 - Dec 2020 |
| Sudan (USD mn) | 42,504.5 2019 | yearly | 1960 - 2019 |
| Sweden (USD mn) | 152,043.2 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
| Switzerland (USD mn) | 197,482.7 Dec 2020 | quarterly | Mar 1970 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.6 Sep 2020 | quarterly | Dec 2001 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -508.812 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Tax Revenue (USD mn) | 59,724.424 2020 | yearly | 1999 - 2020 |
| Tax Revenue: % of GDP (%) | 29.9 2019 | yearly | 1999 - 2019 |
| National Government Debt (USD mn) | 71,133.0 Sep 2020 | quarterly | Dec 2007 - Sep 2020 |
| Government Debt: % of GDP (%) | 33.6 Sep 2020 | quarterly | Dec 2007 - Sep 2020 |
| Forecast: Government Expenditure (NZD bn) | 155.214 2026 | yearly | 1985 - 2026 |
| Forecast: Government Net Debt (NZD bn) | 210.864 2026 | yearly | 1985 - 2026 |
| Forecast: Government Revenue (NZD bn) | 154.266 2026 | yearly | 1985 - 2026 |
| General Government: ytd: Revenue (NZD mn) | 60,131.000 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| General Government: ytd: Expenses (NZD mn) | 63,978.000 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| General Government: ytd: Borrowings (NZD mn) | 154,556.000 Sep 2020 | quarterly | Jun 2002 - Sep 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.108 2026 | yearly | 1980 - 2026 |
| Trade Balance (USD mn) | 131.3 Feb 2021 | monthly | Jan 1957 - Feb 2021 |
| Total Exports (USD mn) | 3,240.5 Feb 2021 | monthly | Jan 1957 - Feb 2021 |
| Total Exports Growth (%) | -8.5 Feb 2021 | monthly | Jan 1952 - Feb 2021 |
| Aluminum: Exports (USD th) | 661,389.900 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 192,289.436 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 184,233.182 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 3,109.3 Feb 2021 | monthly | Jan 1960 - Feb 2021 |
| Total Imports Growth (%) | -1.1 Feb 2021 | monthly | Jan 1961 - Feb 2021 |
| Imports: Medicament (USD th) | 658,202.763 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 328,711.060 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 373.368 Dec 2020 | monthly | Jul 1981 - Dec 2020 |
| Total Imports from USA (USD mn) | 260.054 Feb 2021 | monthly | Jan 1981 - Feb 2021 |
| Total Exports to China (USD mn) | 1,035.352 Jan 2021 | monthly | Jul 1981 - Jan 2021 |
| Total Imports from China (USD mn) | 872.610 Feb 2021 | monthly | Jul 1982 - Feb 2021 |
| NZ: Exports: fob: Advanced Economies: South Korea (USD mn) | 96.620 Nov 2020 | monthly | Jan 1981 - Nov 2020 |
| Imports: cif: China: sa (NZD mn) | 1,204.431 Feb 2021 | monthly | Jul 1982 - Feb 2021 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,522.000 Dec 2020 | quarterly | Mar 1951 - Dec 2020 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,484.000 Dec 2020 | quarterly | Jun 1990 - Dec 2020 |
| Import Volume Index (Jun2002=1000) | 2,554.000 Dec 2020 | quarterly | Mar 1949 - Dec 2020 |
| Import Volume Index: sa (Jun2002=1000) | 2,367.000 Dec 2020 | quarterly | Jun 1990 - Dec 2020 |
| Term Trade Index (Jun2002=1000) | 1,474.000 Dec 2020 | quarterly | Mar 1957 - Dec 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 95.0 Sep 2020 | quarterly | Dec 1990 - Sep 2020 |
| Money Supply M1 (USD mn) | 83,180.100 Feb 2021 | monthly | Dec 2016 - Feb 2021 |
| Money Supply M2 (USD mn) | 261,850.553 Feb 2021 | monthly | Mar 1988 - Feb 2021 |
| M2 Growth (%) | 10.6 Feb 2021 | monthly | Mar 1989 - Feb 2021 |
| Foreign Exchange Reserves (USD mn) | 11,385.7 Feb 2021 | monthly | Sep 2005 - Feb 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 5.158 Dec 2020 | quarterly | Sep 2005 - Dec 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.7 Feb 2021 | monthly | Sep 2005 - Feb 2021 |
| Gold Reserves (USD mn) | 0.000 Feb 2021 | monthly | Dec 1950 - Feb 2021 |
| Total Deposits Growth (%) | 8.9 Feb 2021 | monthly | Dec 2017 - Feb 2021 |
| Total Deposits (USD mn) | 288,782.763 Feb 2021 | monthly | Dec 2016 - Feb 2021 |
| Domestic Credit (USD mn) | 388,348.5 Feb 2021 | monthly | Mar 1988 - Feb 2021 |
| Domestic Credit Growth (%) | 8.6 Feb 2021 | monthly | Mar 1989 - Feb 2021 |
| Credit to Households (USD bn) | 200.461 Sep 2020 | quarterly | Dec 1990 - Sep 2020 |
| Credit to Private Non-Financial Sector (USD bn) | 365.511 Sep 2020 | quarterly | Mar 1960 - Sep 2020 |
| Household Debt (USD mn) | 231,735.3 Feb 2021 | monthly | Dec 1990 - Feb 2021 |
| Total Loans (USD mn) | 350,106.082 Dec 2020 | monthly | Dec 2016 - Dec 2020 |
| Total Loans Growth (%) | 2.14 Oct 2020 | monthly | Dec 2017 - Oct 2020 |
| Private Debt: % of Nominal GDP (%) | 151.69 Sep 2020 | quarterly | Mar 1988 - Sep 2020 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 361,223.000 Feb 2021 | monthly | Mar 1988 - Feb 2021 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 114,747.000 Feb 2021 | monthly | Dec 2016 - Feb 2021 |
| Depository Corp: Domestic Credit (NZD mn) | 535,727.000 Feb 2021 | monthly | Mar 1988 - Feb 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence: Net Balance (% Point) | 6.8 Feb 2021 | monthly | Aug 2002 - Feb 2021 |
| Business Confidence Growth (% Point) | -1.5 Feb 2021 | monthly | Aug 2003 - Feb 2021 |
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National Accounts
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Seasonally Adjusted: Quarterly
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
SNA08: Exports of Goods and Services: 2009-10 Price: Chain-Volume
SNA08: GDP by Expenditure
SNA08: GDP by Expenditure: 2009-10 Price: Chain-Volume: Seasonally Adjusted
SNA08: GDP by Industry: ANZSIC06: 2009-10 Price: Chain-Volume
SNA08: GDP by Industry: ANZSIC06: Current Price
SNA08: Government Final Consumption Expenditure
SNA08: Gross Capital Formation
SNA08: Gross Capital Formation: Gross Fixed Capital Formation
SNA08: Implicit Price Deflators: 2009-10 Price: Chain-Volume: Seasonally Adjusted
SNA08: Imports of Goods and Services: 2009-10 Price: Chain-Volume
SNA08: Private Final Consumption Expenditure: 2009-10 Price: Chain-Volume
Contribution to GDP
Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
SNA08: Exports of Goods and Services
SNA08: Funds by Sector: Stock: Non-Profit Institutions Serving Households
SNA08: GDP by Expenditure: 2009-10 Price: Chain-Volume
SNA08: GDP by Expenditure: Seasonally Adjusted
SNA08: GDP by Industry: ANZSIC06: 2009-10 Price: Chain-Volume: Seasonally Adjusted
SNA08: GDP per Capita
SNA08: Government Final Consumption Expenditure: 2009-10 Price: Chain-Volume
SNA08: Gross Capital Formation: Changes in Inventory: 2009-10 Price: Chain-Volume
SNA08: Gross National Disposable Income and GDP per Capita
SNA08: Imports of Goods and Services
SNA08: Private Final Consumption Expenditure