
New Zealand: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is -1 percent as of Q3 2024, an increase compared to the previous value of -1.1 percent. Historically, the average for New Zealand from Q3 1986 to Q3 2024 is 0.62 percent. The minimum of -10.4 percent was recorded in Q2 2020, while the maximum of 14.1 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics New Zealand
Recent values | New Zealand: Economic growth, quarterly |
---|---|
2024  Q3 | -1 |
2024  Q2 | -1.1 |
2024  Q1 | 0.3 |
2023  Q4 | 0.3 |
2023  Q3 | 0 |
2023  Q2 | 0.7 |
2023  Q1 | -0.1 |
2022  Q4 | 0 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth | 0.73 | 2023 | percent |
GDP, constant dollars | 217.9 | 2023 | billion U.S. dollars |
GDP, current U.S. dollars | 252.18 | 2023 | billion U.S. dollars |
GDP per capita, current dollars | 48,280.81 | 2023 | U.S. dollars |
GDP per capita, PPP | 48,827 | 2023 | U.S. dollars |
GDP per capita, constant dollars | 41,724.97 | 2023 | U.S. dollars |
Productivity, relative to the U.S. | 59.49 | 2022 | index points |
Productivity, current USD | 55.2 | 2023 | USD per hour worked |
Economic growth, quarterly | -1.50 | Q3/2024 | percent |
Economic growth Q-on-Q | -1.00 | Q3/2024 | percent |
Gross Domestic Product (GDP) | 106.19 | Q3/2024 | billion |