New Zealand Real GDP Growth
1983 - 2022 | Quarterly | % | CEIC Data
Key information about New Zealand Real GDP Growth
- The Gross Domestic Product (GDP) in New Zealand contracted 0.0 % YoY in Jun 2022, 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 2022, with an average rate of 3.1 %.
- The data reached an all-time high of 17.3 % in Jun 2021 and a record low of -9.2 % in Jun 2020.
Related information about New Zealand Real GDP Growth
- In the latest reports, Nominal GDP of New Zealand reached 60.9 USD bn in Jun 2022.
- Its GDP deflator (implicit price deflator) increased 6.0 % in Jun 2022.
- GDP Per Capita in New Zealand reached 48,247.1 USD in Mar 2022.
- Its Gross Savings Rate was measured at 20.0 % in Jun 2022.
- For Nominal GDP contributions, Investment accounted for 22.2 % in Jun 2022.
- Public Consumption accounted for 23.2 % in Jun 2022.
- Private Consumption accounted for 56.7 % in Jun 2022.
View New Zealand's Real GDP Growth from Jun 1983 to Jun 2022 in the chart:
What was New Zealand's Real GDP Growth in Jun 2022?
The Gross Domestic Product (GDP) in New Zealand contracted 0.0 % YoY in Jun 2022, following a negative growth of 0.1 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.0 Jun 2022 | -0.1 Mar 2022 | -9.2 Jun 2020 | 17.3 Jun 2021 | % | quarterly | Jun 1983 - Jun 2022 |
Real GDP Growth by Country Comparison
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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.0 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Algeria (%) | 1.6 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| Argentina (%) | 6.1 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Armenia (%) | 8.6 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Australia (%) | 3.6 Jun 2022 | quarterly | Sep 1960 - Jun 2022 |
| Austria (%) | 6.2 Jun 2022 | quarterly | Mar 1989 - Jun 2022 |
| Azerbaijan (%) | 6.8 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Bahrain (%) | 5.5 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| Bangladesh (%) | 7.2 2022 | yearly | 2007 - 2022 |
| Belarus (%) | -0.4 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Belgium (%) | 4.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Bolivia (%) | 4.0 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Bosnia and Herzegovina (%) | 5.5 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| Botswana (%) | 7.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Brazil (%) | 3.2 Jun 2022 | quarterly | Mar 1997 - Jun 2022 |
| Brunei (%) | -1.4 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Bulgaria (%) | 4.8 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Cambodia (%) | 3.0 2021 | yearly | 1994 - 2021 |
| Canada (%) | 4.6 Jun 2022 | quarterly | Mar 1962 - Jun 2022 |
| Chile (%) | 5.6 Jun 2022 | quarterly | Mar 1987 - Jun 2022 |
| China (%) | 0.4 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Colombia (%) | 12.6 Jun 2022 | quarterly | Mar 2001 - Jun 2022 |
| Croatia (%) | 7.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Cyprus (%) | 6.1 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Czech Republic (%) | 4.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Denmark (%) | 3.6 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Ecuador (%) | 4.9 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
| Egypt (%) | 3.2 Jun 2022 | quarterly | Sep 2002 - Jun 2022 |
| Estonia (%) | 0.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| European Union (%) | 4.2 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Finland (%) | 3.0 Jun 2022 | quarterly | Mar 1976 - Jun 2022 |
| France (%) | 4.2 Jun 2022 | quarterly | Mar 1950 - Jun 2022 |
| Georgia (%) | 14.9 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| Germany (%) | 1.7 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Ghana (%) | 0.9 Mar 2022 | quarterly | Jun 2006 - Mar 2022 |
| Greece (%) | 7.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Hong Kong SAR, China (%) | -1.3 Jun 2022 | quarterly | Mar 1991 - Jun 2022 |
| Hungary (%) | 6.5 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Iceland (%) | 7.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| India (%) | 13.5 Jun 2022 | quarterly | Jun 2005 - Jun 2022 |
| Indonesia (%) | 5.4 Jun 2022 | quarterly | Mar 1994 - Jun 2022 |
| Iran (%) | 5.0 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
| Ireland (%) | 10.0 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Israel (%) | 7.4 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Italy (%) | 4.5 Jun 2022 | quarterly | Mar 1982 - Jun 2022 |
| Ivory Coast (%) | 6.5 2021 | yearly | 1966 - 2021 |
| Japan (%) | 1.4 Jun 2022 | quarterly | Mar 1956 - Jun 2022 |
| Jordan (%) | 2.5 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Kazakhstan (%) | 3.3 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Kenya (%) | 7.2 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| South Korea (%) | 3.0 Jun 2022 | quarterly | Mar 1961 - Jun 2022 |
| Kosovo (%) | 4.9 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Kuwait (%) | 4.7 Dec 2020 | quarterly | Jun 2010 - Dec 2020 |
| Kyrgyzstan (%) | 6.3 Jun 2022 | quarterly | Mar 2007 - Jun 2022 |
| Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
| Latvia (%) | 2.9 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Lebanon (%) | -25.9 2020 | yearly | 2005 - 2020 |
| Lithuania (%) | 2.6 Jun 2022 | quarterly | Jun 1995 - Jun 2022 |
| Luxembourg (%) | 4.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Macau SAR, China (%) | -39.3 Jun 2022 | quarterly | Mar 2002 - Jun 2022 |
| North Macedonia (%) | 2.4 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
| Malaysia (%) | 8.9 Jun 2022 | quarterly | Mar 2001 - Jun 2022 |
| Malta (%) | 8.9 Jun 2022 | quarterly | Mar 2001 - Jun 2022 |
| Mauritius (%) | 6.2 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Mexico (%) | 1.9 Jun 2022 | quarterly | Mar 1981 - Jun 2022 |
| Moldova (%) | 1.1 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Mongolia (%) | 6.3 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Montenegro (%) | 7.2 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Morocco (%) | 0.3 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
| Myanmar (%) | -5.9 2021 | yearly | 2011 - 2021 |
| Nepal (%) | -6.5 Jun 2021 | quarterly | Dec 2004 - Jun 2021 |
| Netherlands (%) | 5.4 Jun 2022 | quarterly | Mar 1997 - Jun 2022 |
| New Zealand (%) | -0.0 Jun 2022 | quarterly | Jun 1983 - Jun 2022 |
| Nigeria (%) | 3.5 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Norway (%) | 4.0 Jun 2022 | quarterly | Mar 1979 - Jun 2022 |
| Oman (%) | -3.2 2020 | yearly | 1999 - 2020 |
| Pakistan (%) | 6.2 2022 | yearly | 2001 - 2022 |
| Palestinian Territory (%) | -3.1 Mar 2022 | quarterly | Jun 2011 - Mar 2022 |
| Panama (%) | 13.6 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Paraguay (%) | -2.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Peru (%) | 3.3 Jun 2022 | quarterly | Mar 1981 - Jun 2022 |
| Philippines (%) | 7.7 Jun 2022 | quarterly | Mar 1999 - Jun 2022 |
| Poland (%) | 4.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
| Qatar (%) | 2.5 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| Romania (%) | 5.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Russia (%) | -2.7 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Saudi Arabia (%) | 12.2 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
| Singapore (%) | 4.4 Jun 2022 | quarterly | Mar 1976 - Jun 2022 |
| Slovakia (%) | 1.7 Jun 2022 | quarterly | Mar 1994 - Jun 2022 |
| Slovenia (%) | 8.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| South Africa (%) | 0.5 Jun 2022 | quarterly | Mar 1961 - Jun 2022 |
| Spain (%) | 6.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Sri Lanka (%) | -8.4 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Sudan (%) | -1.6 2020 | yearly | 1983 - 2020 |
| Sweden (%) | 4.1 Jun 2022 | quarterly | Mar 1982 - Jun 2022 |
| Switzerland (%) | 1.8 Jun 2022 | quarterly | Mar 1966 - Jun 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.4 Mar 2022 | quarterly | Dec 1999 - Mar 2022 |
| Consolidated Fiscal Balance (USD mn) | -5,461.465 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Tax Revenue (USD mn) | 78,790.666 2022 | yearly | 1999 - 2022 |
| Tax Revenue: % of GDP (%) | 31.7 2021 | yearly | 1999 - 2021 |
| National Government Debt (USD mn) | 81,700.2 Mar 2022 | quarterly | Dec 2006 - Mar 2022 |
| Government Debt: % of GDP (%) | 33.0 Mar 2022 | quarterly | Dec 2006 - Mar 2022 |
| Forecast: Government Expenditure (NZD bn) | 178.995 2027 | yearly | 1985 - 2027 |
| Forecast: Government Net Debt (NZD bn) | 216.386 2027 | yearly | 1985 - 2027 |
| Forecast: Government Revenue (NZD bn) | 179.475 2027 | yearly | 1985 - 2027 |
| General Government: ytd: Expenses (NZD mn) | 109,965.000 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| General Government: ytd: Revenue (NZD mn) | 101,888.000 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| General Government: ytd: Borrowings (NZD mn) | 197,057.000 Mar 2022 | quarterly | Jun 2002 - Mar 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.638 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -676.8 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Total Exports (USD mn) | 4,137.5 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Total Exports Growth (%) | 15.6 Jul 2022 | monthly | Jan 1952 - Jul 2022 |
| Aluminum: Exports (USD th) | 850,608.917 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 140,904.694 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 257,727.910 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 4,814.3 Jul 2022 | monthly | Jan 1960 - Jul 2022 |
| Total Imports Growth (%) | 26.0 Jul 2022 | monthly | Jan 1961 - Jul 2022 |
| Imports: Medicament (USD th) | 813,617.094 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 651,415.800 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 412.377 Jul 2022 | monthly | Jul 1981 - Jul 2022 |
| Total Imports from USA (USD mn) | 429.572 Jul 2022 | monthly | Jan 1981 - Jul 2022 |
| Total Exports to China (USD mn) | 1,167.112 Jul 2022 | monthly | Jul 1981 - Jul 2022 |
| Total Imports from China (USD mn) | 1,051.017 Jul 2022 | monthly | Jul 1982 - Jul 2022 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 393.997 Jul 2022 | monthly | Jan 2002 - Jul 2022 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 687.354 Jul 2022 | monthly | Jan 2002 - Jul 2022 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 4,155.145 Jul 2022 | monthly | Jan 2002 - Jul 2022 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 25.089 Jul 2022 | monthly | Jan 2002 - Jul 2022 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 337.361 Jul 2022 | monthly | Jan 2002 - Jul 2022 |
| Exports: fob: Australia (NZD mn) | 719.869 Jul 2022 | monthly | Jan 1988 - Jul 2022 |
| Exports: fob: Japan (NZD mn) | 414.215 Jul 2022 | monthly | Jul 1981 - Jul 2022 |
| Exports: fob: United Kingdom (NZD mn) | 125.809 Jul 2022 | monthly | Jul 1981 - Jul 2022 |
| Exports: fob: China (NZD mn) | 1,802.091 Jul 2022 | monthly | Jan 1951 - Jul 2022 |
| Exports: fob: United States (NZD mn) | 665.553 Jul 2022 | monthly | Jul 1981 - Jul 2022 |
| Exports: fob: Australia: sa (NZD mn) | 686.906 Jul 2022 | monthly | Jul 1981 - Jul 2022 |
| Exports: fob: China: sa (NZD mn) | 1,883.654 Jul 2022 | monthly | Jul 1981 - Jul 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 98.1 Jun 2022 | quarterly | Dec 1990 - Jun 2022 |
| Money Supply M1 (USD mn) | 84,860.057 Jul 2022 | monthly | Dec 2016 - Jul 2022 |
| Money Supply M2 (USD mn) | 245,400.901 Jul 2022 | monthly | Mar 1988 - Jul 2022 |
| M2 Growth (%) | 4.8 Jul 2022 | monthly | Mar 1989 - Jul 2022 |
| Foreign Exchange Reserves (USD mn) | 10,008.3 Jul 2022 | monthly | Sep 2005 - Jul 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 4.086 Jun 2022 | quarterly | Sep 2005 - Jun 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.1 Jul 2022 | monthly | Sep 2005 - Jul 2022 |
| Gold Reserves (USD mn) | 0.000 Aug 2022 | monthly | Dec 1950 - Aug 2022 |
| Total Deposits (USD mn) | 268,143.439 Jul 2022 | monthly | Dec 2016 - Jul 2022 |
| Total Deposits Growth (%) | 5.0 Jun 2022 | monthly | Dec 2017 - Jun 2022 |
| Domestic Credit (USD mn) | 366,365.8 Jul 2022 | monthly | Mar 1988 - Jul 2022 |
| Domestic Credit Growth (%) | 5.1 Jul 2022 | monthly | Mar 1989 - Jul 2022 |
| Credit to Households (USD bn) | 235.619 Dec 2021 | quarterly | Dec 1990 - Dec 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 408.978 Dec 2021 | quarterly | Mar 1960 - Dec 2021 |
| Household Debt (USD mn) | 221,980.2 Jul 2022 | monthly | Dec 1990 - Jul 2022 |
| Total Loans (USD mn) | 336,767.258 Jul 2022 | monthly | Dec 2016 - Jul 2022 |
| Total Loans Growth (%) | 5.17 Jul 2022 | monthly | Dec 2017 - Jul 2022 |
| Private Debt: % of Nominal GDP (%) | 150.21 Jun 2022 | quarterly | Mar 1988 - Jun 2022 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 135,149.000 Jul 2022 | monthly | Dec 2016 - Jul 2022 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 390,828.000 Jul 2022 | monthly | Mar 1988 - Jul 2022 |
| Depository Corp: Domestic Credit (NZD mn) | 583,478.000 Jul 2022 | monthly | Mar 1988 - Jul 2022 |
| Official Reserve Assets (NZD mn) | 21,161.034 Jul 2022 | monthly | Sep 2005 - Jul 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 30.9 Aug 2022 | monthly | Aug 2003 - Aug 2022 |
| House Price Inflation: Net Percent Expecting Higher (%) | -12.400 Sep 2022 | quarterly | Mar 2022 - Sep 2022 |
| House Price Inflation: Net Percent Expecting (%) | 85.500 Sep 2022 | quarterly | Jun 2011 - Sep 2022 |
| Performance Manufacturing Index (NA) | 54.400 Aug 2022 | monthly | Aug 2002 - Aug 2022 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | -62.000 Jul 2022 | monthly | Feb 1991 - Jul 2022 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | -70.800 Aug 2022 | monthly | Feb 1991 - Aug 2022 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | -44.700 Aug 2022 | monthly | Feb 1991 - Aug 2022 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | -42.200 Aug 2022 | monthly | Feb 1991 - Aug 2022 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | -47.800 Aug 2022 | monthly | Feb 1991 - Aug 2022 |
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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