New Zealand Full Year GDP GrowthNew Zealand Full Year GDP GrowthNew Zealand Full Year GDP Growth

New Zealand Full Year GDP Growth

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
6.00% on Dec 31, 2021
Lowest
−1.50% on Dec 31, 2020

About New Zealand Full Year GDP Growth


Category
GDP
Source
Frequency
Annual
Units
%
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.