Breaking News

New Zealand Gross Domestic Product (GDP) YoY

Latest Release

Dec 18, 2024

Actual

-1.5%

Forecast

-0.4%

-0.5%

Total business activity comprises primary industries + goods producing industries + service industries. Includes unallocated taxes on production and imports, bank service charge and balancing items. Conceptually, both the production and expenditure-based GDP series are the same. However, as each series uses independent data and estimation techniques, some differences between the alternative measures arise. The expenditure-based series has historically shown more quarterly volatility and is more likely to be subject to timing and valuation problems. For these reasons, the production-based measure is the preferred measure for quarter-on-quarter and annual changes.

Importance:

Country:

Currency: NZD

Source: Statistics New Zealand

Release Date	Time	Actual	Forecast	Previous
Dec 18, 2024 (Q3)	16:45	-1.5%	-0.4%	-0.5%
Sep 18, 2024 (Q2)	17:45	-0.5%	-0.5%	0.5%
Jun 19, 2024 (Q1)	17:45	0.3%	0.2%	-0.2%
Mar 20, 2024 (Q4)	16:45	-0.3%	0.1%	-0.6%
Dec 13, 2023 (Q3)	16:45	-0.6%	0.5%	1.5%
Sep 20, 2023 (Q2)	17:45	1.8%	1.2%	2.2%

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