New Zealand GDP Annual Growth Rate  1988-2016 | Data | Chart | Calendar

New Zealand's economy expanded 3.6 percent year-on-year in the second quarter of 2016, following an upwarldly revised 3 percent growth in the previous period. It was the strongest growth since December quarter 2014, boosted by construction (+10.8 percent from +6.2 percent in Q1); retail trade and accommodation (+6.7 percent from +5 percent); health care and social assistance (+4.6 percent from +4.1 percent) and manufacturing (+2.8 percent from +1.7 percent). In contrast, mining contracted (-1.6 percent from +0.7) and agriculture, forestry, and fishing shrank by 0.1 percent (+1.4 percent in Q1). GDP Annual Growth Rate in New Zealand averaged 2.50 percent from 1988 until 2016, reaching an all time high of 7.30 percent in the third quarter of 1993 and a record low of -2.60 percent in the first quarter of 2009. GDP Annual Growth Rate in New Zealand is reported by the Statistics New Zealand.

New Zealand GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.00 7.30 -2.60 1988 - 2016 percent Quarterly
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. New Zealand GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-16 09:45 PM Q4 2.3% 2.3% 2% 2.2%
2016-06-15 10:45 PM Q1 2.8% 2.3% 2.6% 2.4%
2016-09-14 10:45 PM Q2 3.6% 3% 3.7% 2.6%
2016-12-16 09:45 PM Q3 3.6% 2.6%

New Zealand GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 0.90 2.80 -2.40 percent [+]
GDP Annual Growth Rate 3.60 3.00 7.30 -2.60 percent [+]
GDP 173.75 200.14 200.14 5.18 USD Billion [+]
GDP Constant Prices 57179.00 56515.00 57179.00 26805.00 NZD Million [+]
Gross National Product 58642.00 58264.00 58642.00 25129.00 NZD Million [+]
Gross Fixed Capital Formation 14283.00 13853.00 14283.00 4071.00 NZD Million [+]
GDP per capita 36463.53 35939.45 36463.53 21659.83 USD [+]
GDP per capita PPP 34762.35 34262.73 34762.35 22839.96 USD [+]
GDP From Agriculture 3493.00 3446.00 3497.00 1805.00 NZD Million [+]
GDP From Construction 3739.00 3561.00 3739.00 1214.00 NZD Million [+]
GDP From Manufacturing 5756.00 5712.00 6266.00 3968.00 NZD Million [+]
GDP From Mining 874.00 897.00 1206.00 478.00 NZD Million [+]
GDP From Public Administration 2407.00 2436.00 2436.00 1311.00 NZD Million [+]
GDP From Services 37674.00 37401.00 37674.00 16839.00 NZD Million [+]
GDP From Transport 2313.00 2320.00 2320.00 941.00 NZD Million [+]
GDP From Utilities 1649.00 1654.00 1654.00 1040.00 NZD Million [+]




Last
Ethiopia 9.60 Dec/15
Ivory Coast 9.40 Mar/16
Papua New Guinea 9.00 Dec/15
Dominican Republic 8.70 Jun/16
Tanzania 7.90 Jun/16
Uzbekistan 7.80 Jun/16
Congo 7.70 Dec/15
Monaco 7.20 Dec/14
India 7.10 Jun/16
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Philippines 7.00 Jun/16
Cambodia 6.90 Dec/15
China 6.70 Jun/16
Djibouti 6.70 Dec/15
Tajikistan 6.50 Jun/16
Turkmenistan 6.50 Dec/15
Vietnam 6.40 Sep/16
Paraguay 6.20 Jun/16
Benin 6.10 Jun/16
Romania 6.00 Jun/16
Burkina Faso 5.90 Jun/16
Kenya 5.90 Mar/16
Cape Verde 5.80 Mar/16
Togo 5.80 Mar/16
Senegal 5.70 Jun/16
Chad 5.60 Dec/15
Bhutan 5.50 Dec/15
Mali 5.40 Mar/16
Rwanda 5.40 Jun/16
Sao Tome and Principe 5.30 Dec/15
Panama 5.20 Jun/16
Indonesia 5.18 Jun/16
Zambia 5.00 Dec/15
Bolivia 4.95 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Guinea Bissau 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Costa Rica 4.80 Mar/16
Maldives 4.80 Mar/16
Gambia 4.70 Dec/15
Luxembourg 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Fiji 4.20 Dec/15
Gabon 4.20 Dec/15
Ireland 4.10 Jun/16
Nicaragua 4.10 Mar/16
Malaysia 4.00 Jun/16
Algeria 3.90 Dec/15
Palestine 3.90 Jun/16
Egypt 3.80 Dec/15
Kosovo 3.80 Mar/16
Cameroon 3.70 Mar/16
Iceland 3.70 Jun/16
Mauritius 3.70 Mar/16
Mozambique 3.70 Jun/16
Peru 3.70 Jun/16
Slovakia 3.70 Jun/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
New Zealand 3.60 Jun/16
Thailand 3.50 Jun/16
Lesotho 3.40 Dec/15
Sweden 3.40 Jun/16
United Arab Emirates 3.40 Dec/15
Australia 3.30 Jun/16
South Korea 3.30 Jun/16
Comoros 3.20 Dec/15
Spain 3.20 Jun/16
Germany 3.10 Jun/16
Mauritania 3.10 Dec/15
Poland 3.10 Jun/16
Turkey 3.10 Jun/16
Albania 3.00 Mar/16
Bulgaria 3.00 Jun/16
Georgia 3.00 Jun/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Malta 3.00 Jun/16
Israel 2.90 Jun/16
Malawi 2.90 Dec/15
Croatia 2.80 Jun/16
Guatemala 2.80 Mar/16
Saudi Arabia 2.80 Jun/16
Cyprus 2.70 Jun/16
Slovenia 2.70 Jun/16
Czech Republic 2.60 Jun/16
Hungary 2.60 Jun/16
Somalia 2.60 Dec/14
Sri Lanka 2.60 Jun/16
Bahrain 2.50 Jun/16
El Salvador 2.50 Mar/16
Ghana 2.50 Jun/16
Mexico 2.50 Jun/16
Norway 2.50 Jun/16
Cayman Islands 2.40 Mar/16
Iraq 2.40 Dec/15
Jordan 2.30 Mar/16
Netherlands 2.30 Jun/16
Macedonia 2.20 Jun/16
United Kingdom 2.20 Jun/16
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Mar/16
Latvia 2.10 Jun/16
Singapore 2.10 Jun/16
Colombia 2.00 Jun/16
Serbia 2.00 Jun/16
Switzerland 2.00 Jun/16
Lithuania 1.90 Jun/16
European Union 1.80 Jun/16
Kuwait 1.80 Dec/15
Moldova 1.80 Jun/16
Haiti 1.70 Dec/15
Hong Kong 1.70 Jun/16
Swaziland 1.70 Dec/15
Botswana 1.60 Jun/16
Euro Area 1.60 Jun/16
Armenia 1.50 Jun/16
Chile 1.50 Jun/16
Suriname 1.50 Dec/15
Zimbabwe 1.50 Dec/15
Belgium 1.40 Jun/16
Mongolia 1.40 Jun/16
Morocco 1.40 Jun/16
Tunisia 1.40 Jun/16
Ukraine 1.40 Jun/16
Uruguay 1.40 Jun/16
France 1.30 Jun/16
New Caledonia 1.30 Dec/14
Austria 1.20 Jun/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
United States 1.20 Jun/16
Montenegro 1.10 Mar/16
Qatar 1.10 Mar/16
Lebanon 1.00 Dec/15
Barbados 0.90 Dec/15
Canada 0.90 Jun/16
Portugal 0.90 Jun/16
Estonia 0.80 Jun/16
Italy 0.80 Jun/16
Jamaica 0.80 Mar/16
Japan 0.80 Jun/16
Nepal 0.77 Dec/15
Taiwan 0.70 Jun/16
Iran 0.60 Mar/15
South Africa 0.60 Jun/16
Denmark 0.40 Jun/16
Finland 0.40 Jun/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
Guinea 0.10 Dec/15
Kazakhstan 0.10 Jun/16
Greece -0.40 Jun/16
Puerto Rico -0.60 Dec/15
Russia -0.60 Jun/16
Liechtenstein -0.80 Dec/14
North Korea -1.10 Dec/15
Namibia -1.20 Jun/16
Belarus -1.30 Jun/16
Uganda -1.30 Mar/16
Belize -1.60 Jun/16
Nigeria -2.06 Jun/16
Kyrgyzstan -2.30 Jun/16
Syria -2.30 Dec/11
Ecuador -3.00 Mar/16
Argentina -3.40 Jun/16
Azerbaijan -3.40 Jun/16
Brazil -3.80 Jun/16
Burundi -4.10 Dec/15
Trinidad and Tobago -5.20 Mar/16
South Sudan -5.30 Dec/15
Libya -6.00 Dec/15
Macau -7.10 Jun/16
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15