New Zealand Gross Domestic Product (GDP) YoY

NZD
Actual
17.4%
Forecast
16.3%
Previous
2.9%
Latest Release
Sep 16, 2021
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Dec 15, 2021 (Q3) 23:45 - 16.3%
17.4%
Sep 16, 2021 (Q2) 00:45 17.4% 16.3%
2.9%
Jun 17, 2021 (Q1) 00:45 2.4% 0.9%
-0.8%
Mar 17, 2021 (Q4) 23:45 -0.9% 0.5%
0.2%
Dec 16, 2020 (Q3) 23:45 0.4% -1.3%
-11.3%
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GDP - Annual News & Analysis
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