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New Zealand real GDPNN

New Zealand real GDP

72.4 BNZDR
+665 M
NZD
No trades
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NZGDPCP chart



Key data points


Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
‪72.40 B‬ NZD on Mar 31, 2025
Lowest
‪26.64 B‬ NZD on Jun 30, 1987

About New Zealand real GDP


Category
GDP
Source
Stats NZ
Frequency
Quarterly
Units
NZD

New Zealand in figures — see more economic indicators tied to NZGDPCP.
Full Year GDP Growth
R
NZFYGDPG
−0.5%
GDP
R
NZGDP
260.24 BUSD
GDP From Agriculture
R
NZGDPA
3.78 BNZD
GDP From Construction
R
NZGDPC
4.13 BNZD
Real GDP
R
NZGDPCP
72.4 BNZD
GDP From Manufacturing
R
NZGDPMAN
5.54 BNZD
GDP From Mining
R
NZGDPMIN
493 MNZD
GDP From Public Administration
R
NZGDPPA
3.35 BNZD
GDP Per Capita
R
NZGDPPC
41.42 KUSD
GDP Per Capita PPP
R
NZGDPPCP
48.16 KUSD
GDP Growth Rate
R
NZGDPQQ
0.8%
GDP From Services
R
NZGDPS
49.27 BNZD
GDP From Transport
R
NZGDPT
2.83 BNZD
GDP From Utilities
R
NZGDPU
1.82 BNZD
GDP Growth
R
NZGDPYY
−0.7%
Gross Fixed Capital Formation
R
NZGFCF
17.11 BNZD
Gross National Product
R
NZGNP
76.51 BNZD

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter New Zealand real GDP was 72.4 B NZD, and the quarter before it reached 71.73 B NZD.