HistoryData

Real GDP Growth: New Zealand

New Zealand's real gdp growth is currently 2.2% as of 2026. # New Zealand Real GDP Growth New Zealand's real GDP growth stands at 2.

Current (2026)
2.2%
+175.0% y/y
Peak (1984)
6.9%
Low (1991)
-1.3%
Source
IMF World Economic Outlook
19802026 · 51 pts

Real GDP GrowthNew Zealand

19802026

Real GDP Growth — New Zealand
-1.3%0.75%2.8%4.85%6.9%198019902000201020202030PeakLow
Analysis# New Zealand Real GDP Growth New Zealand's real GDP growth stands at 2.2% in 2026, reflecting moderate economic expansion after a period of contraction. The country has experienced significant volatility since 1980, peaking at 6.9% in 1984 and bottoming at -1.3% in 1991. Over the full 50-year span, the economy has expanded by 120%, demonstrating long-term resilience despite cyclical fluctuations. The 2020–2025 period reveals sharp economic swings, with a -1.3% contraction during the pandemic followed by a strong 5.7% rebound in 2021. Growth decelerated substantially thereafter, declining to 1.8% by 2023 and briefly turning negative at -0.6% in 2024. The projected recovery to 2.2% in 2026 suggests stabilization, though growth remains below pre-pandemic momentum levels and well below historical peaks.

Historical Data

51 Rows
YearValueChange %
20302.2%+0.00%
20292.2%-4.35%
20282.3%-4.17%
20272.4%+9.09%
20262.2%+175.00%
20250.8%+233.33%
2024-0.6%-133.33%
20231.8%-37.93%
20222.9%-49.12%
20215.7%+538.46%
2020-1.3%-143.33%
20193.0%-14.29%
20183.5%+6.06%
20173.3%-17.50%
20164.0%+11.11%
20153.6%-5.26%
20143.8%+72.73%
20132.2%-15.38%
20122.6%+52.94%
20111.7%+0.00%
Show all 51 rows
YearValueChange %
20101.7%+270.00%
2009-1.0%-400.00%
2008-0.2%-105.71%
20073.5%+25.00%
20062.8%-12.50%
20053.2%-33.33%
20044.8%+9.09%
20034.4%-6.38%
20024.7%+88.00%
20012.5%-40.48%
20004.2%-6.67%
19994.5%+1025.00%
19980.4%-83.33%
19972.4%-41.46%
19964.1%-16.33%
19954.9%-12.50%
19945.6%+7.69%
19935.2%+642.86%
19920.7%+153.85%
1991-1.3%
19900.0%-100.00%
19890.4%-33.33%
19880.6%-75.00%
19872.4%+33.33%
19861.8%+50.00%
19851.2%-82.61%
19846.9%+7000.00%
1983-0.1%-103.45%
19822.9%-3.33%
19813.0%+200.00%
19801.0%

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