New Zealand Real GDP Growth

1983 - 2020 | Quarterly | % | CEIC Data

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:

New Zealand Real GDP Growth

What was New Zealand's Real GDP Growth in Jun 2020?

Last Previous Min Max Unit Frequency Range
-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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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
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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Includes 359 key indicators for New Zealand, curated by CEIC analysts. Instant access to full history data in excel.
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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