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GDP Growth Rate YoY

New ZealandQuarterly
SummaryAbout This IndicatorHistorical Data55Revision history2
Latest release · September 16, 2026 · 22:45 UTC
2.60
Above forecast by 0.3
Last five prints
-0.601.301.501.702.60

The reading has risen in each of the last 4 releases.

Forecast
2.30Actual is higher by 0.3
Previous · Revised from 1.50
1.70

About This Indicator

Description

Measures the percentage change in the inflation-adjusted value of all goods and services produced by the economy compared to the same quarter of the previous year. It provides a broader view of economic trends by smoothing out seasonal fluctuations. It is a key metric for long-term economic assessment.

Methodology

Calculated by comparing the real GDP of the current quarter to the real GDP of the same quarter in the previous year. This year-over-year comparison helps identify structural growth trends.

Historical Data

View data as table
DateActualForecastSurprise
Sep 16, 20262.602.30+0.30
Jun 17, 20261.701.10+0.60
Mar 18, 20261.501.70-0.20
Dec 17, 20251.301.300.00
Sep 17, 2025-0.600.00-0.60
Jun 18, 2025-0.70-0.80+0.10
Mar 19, 2025-1.10-1.40+0.30
Dec 18, 2024-1.50-0.40-1.10
Sep 18, 2024-0.50-0.500.00
Jun 19, 20240.300.20+0.10
Mar 20, 2024-0.300.10-0.40
Dec 13, 2023-0.600.50-1.10
Sep 20, 20231.801.20+0.60
Jun 14, 20232.202.60-0.40
Mar 15, 20232.203.30-1.10
Dec 14, 20226.405.50+0.90
Sep 14, 20220.400.20+0.20
Jun 15, 20221.20——
Mar 16, 20223.103.30-0.20
Dec 15, 2021-0.30-1.60+1.30

Revision history

2 of 2 prints were revised after release
DateFirst printCurrentRevision
Jun 17, 20261.501.70+0.20
Mar 18, 20261.301.50+0.20
Source · Stats NZView Source
Actual is higher by 0.9

Statistics

55 readings
  • Mean1.54
  • Std Deviation3.74
  • TrendRising
  • Year-over-year change+3.20
  • Forecast Accuracy74.4%
Latest reading against its usual range (mean ± one standard deviation)
2.60-2.201.545.28

The latest reading is within its usual range, less than one standard deviation from the mean.