New Zealand GDP Annual Growth Rate
The Gross Domestic Product (GDP) in New Zealand expanded 3.80 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in New Zealand averaged 2.28 Percent from 1988 until 2014, reaching an all time high of 7.30 Percent in the third quarter of 1993 and a record low of -3.40 Percent in the first quarter of 2009. GDP Annual Growth Rate in New Zealand is reported by the Statistics New Zealand.
||1988 - 2014
In New Zealand, services are the biggest sector of the economy and account for 75 percent of total GDP. Within services the most important segments are: finance, insurance and business services (30 percent); personal and community services (13 percent), and transport and communication (11 percent). Industry accounts for 17 percent of GDP. Within industry, manufacturing represents 13 percent of GDP while construction 4 percent. The remaining 8 percent is contributed by agriculture, fishing, forestry and mining. This page provides - New Zealand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.