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Economic growth NZ

Seasonally adjusted real GDP grew 0.2% from the previous quarter (Stats NZ Tatauranga Aotearoa, Jun 2026 qtr).

Updated

Quarterly GDP, seasonally adjusted: real GDP (production measure), its quarterly percentage change, real GDP per person, and nominal GDP.

The total value of goods and services produced in New Zealand each year (years ending March). Shown in current prices (nominal) and in real terms (chain-volume, removing the effect of price changes).

Quarterly figures are revised, sometimes substantially. The % change series is a rate; a 'technical recession' is commonly described as two consecutive quarters of falling real GDP.

Output, household income and population describe different parts of the economy. Dividing a total by population gives a per person figure, while adjusting dollars for inflation helps compare their buying power across years.

Read the period beside each number before comparing it with another figure. A monthly observation, a quarterly result and a financial year cover different spans of time. The latest release can also revise earlier observations. The chart and downloads keep the published periods so you can check which figures are being compared. A change in economic growth describes what happened during that period; it does not by itself explain why it happened or identify the effect of a government policy. Definitions and coverage matter as much as the size of a change.

Sources: Stats NZ Tatauranga Aotearoa. Last retrieved 10 October 2026.

Economic growth, Gross domestic product (quarterly): %, Sep 1986 qtr to Jun 2026 qtr

Economic growth. Real GDP, % change from previous quarter, Sep 1986 qtr to Jun 2026 qtr, latest 0.2%.-15%-10%-5%0%5%10%15%1986199320002006201320202026
Show the figures
PeriodReal GDP, % change from previous quarter (%)
Jun 2026 qtr0.2%
Mar 2026 qtr0.9%
Dec 2025 qtr0.5%
Sep 2025 qtr0.9%
Jun 2025 qtr−0.6%
Mar 2025 qtr0.8%
Dec 2024 qtr0.1%
Sep 2024 qtr−1.2%
Jun 2024 qtr−0.5%
Mar 2024 qtr0.0%
Dec 2023 qtr0.5%
Sep 2023 qtr0.1%
Jun 2023 qtr0.9%
Mar 2023 qtr−0.1%
Dec 2022 qtr0.3%
Sep 2022 qtr1.9%
Jun 2022 qtr1.0%
Mar 2022 qtr−0.1%
Dec 2021 qtr4.1%
Sep 2021 qtr−4.3%
Full data: gdp quarterly
June 2026 quarterReal GDP, % change from previous quarter 0.2%

Quarterly GDP, seasonally adjusted: real GDP (production measure), its quarterly percentage change, real GDP per person, and nominal GDP.

Economic growth. Real GDP, % change from previous quarter: 0.2% in Jun 2026 qtr.

Each measure retains its own definition and period. Lines break at changes in basis and missing periods. Choose a measure to see its note and readout.

Download CSVDownload JSONAnalyse with AI

Full downloads for every dataset on this page:

Gross domestic product (quarterly)CSVJSON
Gross domestic product (annual)CSVJSON
GDP per person (annual)CSVJSON

Economic growth: definitions

Gross domestic product (quarterly)

Quarterly GDP, seasonally adjusted: real GDP (production measure), its quarterly percentage change, real GDP per person, and nominal GDP.

Gross domestic product (annual)

The total value of goods and services produced in New Zealand each year (years ending March). Shown in current prices (nominal) and in real terms (chain-volume, removing the effect of price changes).

GDP per person (annual)

Gross domestic product divided by population, as published by Stats NZ, for years ending March from 1992. The real (chain-volume) measure strips out inflation so years can be compared; real gross national disposable income per person is shown alongside.

Economic growth: comparison limits

These affect how far the figures can be compared.

Gross domestic product (quarterly)

  • Quarterly figures are revised, sometimes substantially.
  • The % change series is a rate; a 'technical recession' is commonly described as two consecutive quarters of falling real GDP.

Gross domestic product (annual)

  • Nominal and real GDP use different measures (expenditure vs production) as published by Stats NZ.
  • GDP is revised as more information arrives.

GDP per person (annual)

  • Average output per person, not income received by a typical household.
  • Real values are in chain-volume dollars of Stats NZ's reference year, so they are comparable over time but not with today's dollars.

Economic growth by NZ government

The last published observation before each term began and ended. The current term uses the latest observation.Change since a government took office is not the same as its effect.

Prime ministersIn officeStartEndChange
Lange, Palmer, MooreJul 1984 to Nov 1990Not available0.9% (Sep 1990 qtr)Not available
Bolger, ShipleyNov 1990 to Dec 19990.9% (Sep 1990 qtr)2.8% (Sep 1999 qtr)A rise of 1.9 percentage points
ClarkDec 1999 to Nov 20082.8% (Sep 1999 qtr)−0.3% (Sep 2008 qtr)A fall of 3.1 points
Key, EnglishNov 2008 to Oct 2017−0.3% (Sep 2008 qtr)0.7% (Sep 2017 qtr)A rise of 1.0 points
Ardern, HipkinsOct 2017 to Nov 20230.7% (Sep 2017 qtr)0.1% (Sep 2023 qtr)A fall of 0.6 points
LuxonNov 2023 to now0.1% (Sep 2023 qtr)0.2% (Jun 2026 qtr, latest)A rise of 0.1 points so far
Compare governments on any measure

Economic growth: data by period

The latest ten published periods for up to six series in each dataset. The downloads contain every observation.

Gross domestic product (quarterly)

Quarterly GDP, seasonally adjusted: real GDP (production measure), its quarterly percentage change, real GDP per person, and nominal GDP.

PeriodReal GDP (seasonally adjusted)Real GDP, % change from previous quarterReal GDP per person (seasonally adjusted)Nominal GDP (seasonally adjusted)
Jun 2026 qtr$71,805 million0.2%$13,410$115,798 million
Mar 2026 qtr$71,628 million0.9%$13,399$115,241 million
Dec 2025 qtr$70,974 million0.5%$13,302$113,710 million
Sep 2025 qtr$70,644 million0.9%$13,263$112,055 million
Jun 2025 qtr$70,019 million−0.6%$13,164$110,372 million
Mar 2025 qtr$70,453 million0.8%$13,261$109,827 million
Dec 2024 qtr$69,868 million0.1%$13,172$108,208 million
Sep 2024 qtr$69,806 million−1.2%$13,182$107,028 million
Jun 2024 qtr$70,625 million−0.5%$13,360$106,823 million
Mar 2024 qtr$70,961 million0.0%$13,457$105,644 million

Gross domestic product (annual)

The total value of goods and services produced in New Zealand each year (years ending March). Shown in current prices (nominal) and in real terms (chain-volume, removing the effect of price changes).

PeriodGDP, nominal (expenditure measure)GDP, real (production measure, chain-volume)
Year to Mar 2026$451,543 million$283,313 million
Year to Mar 2025$432,022 million$280,775 million
Year to Mar 2024$417,405 million$283,207 million
Year to Mar 2023$393,767 million$278,202 million
Year to Mar 2022$358,425 million$269,017 million
Year to Mar 2021$328,902 million$257,907 million
Year to Mar 2020$323,124 million$258,552 million
Year to Mar 2019$305,831 million$252,648 million
Year to Mar 2018$290,605 million$244,502 million
Year to Mar 2017$271,405 million$236,656 million

GDP per person (annual)

Gross domestic product divided by population, as published by Stats NZ, for years ending March from 1992. The real (chain-volume) measure strips out inflation so years can be compared; real gross national disposable income per person is shown alongside.

PeriodGDP per person, nominalGDP per person, real (chain-volume)Real gross national disposable income per person
Year to Mar 2026$84,690$53,138$54,868
Year to Mar 2025$81,518$52,979$53,583
Year to Mar 2024$79,785$54,134$54,483
Year to Mar 2023$77,134$54,496$55,063
Year to Mar 2022$70,492$52,908$54,116
Year to Mar 2021$64,783$50,799$52,219
Year to Mar 2020$64,604$51,694$52,957
Year to Mar 2019$62,164$51,354$51,634
Year to Mar 2018$60,071$50,541$50,958
Year to Mar 2017$57,232$49,904$50,102

Economic growth: questions for your AI

Download the files, attach them in the assistant you use, then paste the prompt. Its answer is its own reading of the data.

  1. 1Download gdp-quarterly.csv
  2. 2Attach it in ChatGPT, Claude, Gemini or another assistant
  3. 3
    Paste this prompt

    The attached CSV is gross domestic product (quarterly), from Stats NZ Tatauranga Aotearoa. Describe how each measure has changed, naming its unit and period. Treat changes in basis and missing periods as breaks. Do not infer causation from government terms. Read the limits before comparing. Supporting datasets: gdp-quarterly, gdp-annual, gdp-per-capita.

Questions about economic growth in NZ

Short answers with their definitions, sources and limits.

How fast is the economy growing?Is New Zealand in a recession?What is GDP per person?

Related NZ data

These topics put economic growth alongside other measures.

Net debt: Government financesUnemployment: Jobs and welfare

Economic growth: sources

The source publication, licence and snapshot used to build this page.

Organisation
Stats NZ Tatauranga Aotearoa, Gross domestic product (quarterly release)
Licence
Creative Commons Attribution 4.0 International (CC BY 4.0). This work is based on Stats NZ's data which are licensed by Stats NZ for reuse under the Creative Commons Attribution 4.0 International licence.
Reuse limits
Photos, graphics and logos are excluded. Stats NZ logos and government emblems must not be used.
Snapshot
data/raw/statsnz-gdp/2026-10-10_1de84b2fc30b.csv
SHA256
1de84b2fc30bde1ca48bb7209cc01e2b261c13aef9c536aaac43d8519d1b95fc
Retrieved
10 October 2026

Economic growth: sources

The source publication, licence and snapshot used to build this page.

Organisation
Stats NZ Tatauranga Aotearoa, Gross domestic product (quarterly release)
Licence
Creative Commons Attribution 4.0 International (CC BY 4.0). This work is based on Stats NZ's data which are licensed by Stats NZ for reuse under the Creative Commons Attribution 4.0 International licence.
Reuse limits
Photos, graphics and logos are excluded. Stats NZ logos and government emblems must not be used.
Snapshot
data/raw/statsnz-gdp/2026-10-10_1de84b2fc30b.csv
SHA256
1de84b2fc30bde1ca48bb7209cc01e2b261c13aef9c536aaac43d8519d1b95fc
Retrieved
10 October 2026

Economic growth: sources

The source publication, licence and snapshot used to build this page.

Organisation
Stats NZ Tatauranga Aotearoa, Gross domestic product (quarterly release)
Licence
Creative Commons Attribution 4.0 International (CC BY 4.0). This work is based on Stats NZ's data which are licensed by Stats NZ for reuse under the Creative Commons Attribution 4.0 International licence.
Reuse limits
Photos, graphics and logos are excluded. Stats NZ logos and government emblems must not be used.
Snapshot
data/raw/statsnz-gdp/2026-10-10_1de84b2fc30b.csv
SHA256
1de84b2fc30bde1ca48bb7209cc01e2b261c13aef9c536aaac43d8519d1b95fc
Retrieved
10 October 2026