GDP growth (quarterly) · New Zealand
New Zealand GDP Growth Rate QoQ
The New Zealand GDP Growth Rate QoQ measures how much the economy of New Zealand, the total value of goods and services it produces after inflation, grew compared with the previous quarter.
- Importancia
- High
- Publicado
- Quarterly
- Próxima publicación
- Divisa
- NZD · New Zealand dollar
- Banco central
- The Reserve Bank of New Zealand
Últimas cifras
El último dato, de Q2, se publicó el 2026-09-16 y fue 0.2%. Está por encima del consenso de 0.1%. Es menos que 0.9% la vez anterior (revisado).
A stronger figure than expected points to a healthier economy: it usually supports the New Zealand dollar and local stocks, and can push bond yields up.
En las últimas 7 publicaciones osciló entre -0.9% y 1.1%, con una media de 0.4%.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 16 Sep 2026 | Q2 | 0.2% | 0.1% | 0.9% ® |
| 17 Jun 2026 | Q1 | 0.8% | 0.9% | 0.5% ® |
| 18 Mar 2026 | Q4 | 0.2% | 0.4% | 0.9% ® |
| 17 Dec 2025 | Q3 | 1.1% | 0.9% | -1% ® |
| 17 Sep 2025 | Q2 | -0.9% | -0.3% | 0.9% ® |
| 18 Jun 2025 | Q1 | 0.8% | 0.7% | 0.5% ® |
| 19 Mar 2025 | Q4 | 0.7% | 0.4% | -1.1% ® |
Por qué importa
GDP is the broadest measure of economic health. Two quarters of contraction are the common rule of thumb for a recession. Stronger growth supports corporate earnings, jobs and the New Zealand dollar, and can push the Reserve Bank of New Zealand towards higher rates; a contraction raises the odds of cuts.
Cómo se calcula
Stats NZ adds up spending in the economy: consumption + investment + government spending + exports − imports, measured at constant prices (real GDP) and adjusted for seasonal patterns. The first (advance or flash) estimate is revised as more data arrive. The US annualises the quarterly change.
GDP = C + I + G + (X − M)
Growth (qoq) = real GDP ÷ real GDP last quarter − 1
Annualised = (1 + qoq)⁴ − 1Qué significan los cambios
- Compare with the consensus and with the previous quarter; the first estimate gets the biggest reaction.
- Look at the mix: growth from consumption and investment is healthier than growth from inventories.
- An annualised US figure of 2% is close to its long-run trend; 0.5% quarter on quarter is similar in European terms.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the New Zealand dollar and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the New Zealand dollar tends to soften and markets price in lower rates.
Una breve historia
Simon Kuznets built the first national income accounts for the US Congress in 1934. GDP replaced GNP as the US headline measure in 1991; international standards are set in the UN System of National Accounts.
New Zealand was the first country to adopt formal inflation targeting, in 1990.
Preguntas
What is the New Zealand GDP Growth Rate QoQ?
The New Zealand GDP Growth Rate QoQ measures how much the economy of New Zealand, the total value of goods and services it produces after inflation, grew compared with the previous quarter.
What was the latest New Zealand GDP Growth Rate QoQ?
0.2% for Q2, published on 16 September 2026 (consensus 0.1%, previous 0.9%).
When is the next New Zealand GDP Growth Rate QoQ?
On Wednesday 16 December 2026 at 21:45 UTC.
What is the difference between quarterly and annual GDP growth?
Quarterly growth compares with the previous quarter (the latest momentum); annual growth compares with the same quarter a year earlier.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.