New Zealand Real GDP Growth
The Gross Domestic Product (GDP) in New Zealand contracted 10.1 % YoY in Jun 2020, following a negative growth of 0.1 % in the previous quarter. Real GDP Growth YoY data in New Zealand is updated quarterly, available from Jun 1983 to Jun 2020, with an average rate of 3.0 %. The data reached an all-time high of 14.9 % in Mar 1984 and a record low of -10.1 % in Jun 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics New Zealand provides Real GDP in local currency, at chain linked 2009-2010 prices. Real GDP Growth prior to Q2 1988 is calculated from GDP Volume Index sourced from the International Monetary Fund.
In the latest reports, Nominal GDP of New Zealand reached 44.0 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 2.7 % in Jun 2020. GDP Per Capita in New Zealand reached 41,057.8 USD in Mar 2020. Its Gross Savings Rate was measured at 20.5 % in Jun 2020.
View New Zealand's Real GDP Growth from Jun 1983 to Jun 2020 in the chart:
What was New Zealand's Real GDP Growth in Jun 2020?
|-10.1 Jun 2020||-0.1 Mar 2020||-10.1 Jun 2020||14.9 Mar 1984||%||quarterly||Jun 1983 - Jun 2020|
Real GDP Growth by Country Comparison
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|Albania (%)||-11.0 Jun 2020||quarterly||Mar 2010 - Jun 2020|
|Algeria (%)||-3.9 Mar 2020||quarterly||Mar 2012 - Mar 2020|
|Argentina (%)||-19.8 Jun 2020||quarterly||Mar 2005 - Jun 2020|
|Armenia (%)||-9.1 Sep 2020||quarterly||Mar 2001 - Sep 2020|
|Australia (%)||-6.3 Jun 2020||quarterly||Sep 1960 - Jun 2020|
|Austria (%)||-14.5 Jun 2020||quarterly||Mar 1989 - Jun 2020|
|Azerbaijan (%)||0.2 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||-8.9 Jun 2020||quarterly||Mar 2009 - Jun 2020|
|Bangladesh (%)||5.2 2020||yearly||2007 - 2020|
|Belarus (%)||-3.3 Jun 2020||quarterly||Mar 2006 - Jun 2020|
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New Zealand Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-9.8 Jun 2020||quarterly||Dec 2001 - Jun 2020|
|Consolidated Fiscal Balance (USD mn)||13,310.499 Sep 2020||quarterly||Mar 2001 - Sep 2020|
|Tax Revenue (USD mn)||59,724.424 2020||yearly||1999 - 2020|
|Tax Revenue: % of GDP (%)||30.6 2019||yearly||1999 - 2019|
|National Government Debt (USD mn)||71,133.0 Sep 2020||quarterly||Dec 2007 - Sep 2020|
|Government Debt: % of GDP (%)||32.9 Jun 2020||quarterly||Dec 2007 - Jun 2020|
|Forecast: Government Expenditure (NZD bn)||143.939 2025||yearly||1985 - 2025|
|Forecast: Government Net Debt (NZD bn)||251.128 2025||yearly||1985 - 2025|
|Forecast: Government Revenue (NZD bn)||138.752 2025||yearly||1985 - 2025|
|General Government: ytd: Revenue (NZD mn)||29,650.000 Sep 2020||quarterly||Mar 2001 - Sep 2020|
|General Government: ytd: Expenses (NZD mn)||32,755.000 Sep 2020||quarterly||Mar 2001 - Sep 2020|
|General Government: ytd: Borrowings (NZD mn)||154,556.000 Sep 2020||quarterly||Jun 2002 - Sep 2020|
|General Government: ytd: Borrowings: Gross Sovereign Issued Debt Excluding Reser... (NZD mn)||93,950.000 Mar 2020||quarterly||Dec 2007 - Mar 2020|
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