New Zealand GDP Growth Rate — 2026 Data, Trend & Forecast
New Zealand's GDP growth rate was 1.47% in March 2026, down from 1.54% the previous quarter. A year earlier it stood at -0.75%.
New Zealand's GDP growth rate stands at 1.47% as of March 2026. Over the latest readings, the GDP growth rate has moved within a band of -9.71% to 17.76%. The most recent figure of 1.47% is down from 1.54% a quarter earlier, and is 2.22% higher than a year ago.
The trend
Among the 214 economies tracked on this platform, New Zealand ranks #167 on GDP growth rate by latest value. It fell from 1.54% in the previous quarter, and compares with a year-earlier -0.75%.
What's driving it
Growth reflects household spending, investment, government outlays and net exports, and is sensitive to interest rates, global demand and confidence.
Recent readings
| Period | GDP growth rate |
|---|---|
| Mar 2026 | 1.47% |
| Dec 2025 | 1.54% |
| Sep 2025 | 1.13% |
| Jun 2025 | -0.93% |
| Mar 2025 | -0.75% |
| Dec 2024 | -1.60% |
| Sep 2024 | -1.19% |
| Jun 2024 | 0.09% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the GDP Growth Rate of New Zealand in 2026?
New Zealand's GDP growth rate was 1.47% in March 2026, down from 1.54% the previous quarter. A year earlier it stood at -0.75%.
Is the GDP growth rate rising or falling in New Zealand?
It fell in the latest reading — 1.47% in March 2026 versus 1.54% a quarter earlier. Year on year it is higher.
What is GDP growth rate?
It measures how fast the economy is expanding, measured as the annual change in gross domestic product.