GDP

The primary income deficit widened by $0.8 billion to $12.5 billion, indicating that overseas investors earned more from their investments in New Zealand than what New Zealand investors earned from abroad.

GDP

5 months ago

New Zealand's current account deficit narrows to $27.8 billion

New Zealand has witnessed a narrowing of its annual current account deficit, reaching $27.8 billion, or 6.9% of its gross domestic product (GDP) for...

The introduction of the GDP(I) metric promises a broader understanding of economic dynamics as the country navigates through its current economic phase.

GDP

5 months ago

New Zealand's economy witnesses slight contraction in latest quarter

New Zealand's economic landscape faced a minor setback as the gross domestic product (GDP) marginally decreased by 0.1 percent in the December 2023 quarter....

The boost in household expenditure was primarily due to New Zealanders increasing spending on international travel.

GDP

1 year ago

GDP slips 0.1% in March 2023 quarter amidst Cyclone impact and teachers' strikes

New Zealand's economic activity registered a dip of 0.1% in the March 2023 quarter, according to the latest figures from Stats NZ. This marks...

New Zealand's current account deficit narrows to $27.8 billion

New Zealand's economy witnesses slight contraction in latest quarter

GDP slips 0.1% in March 2023 quarter amidst Cyclone impact and teachers' strikes

Featured News

Food prices see smallest annual increase since 2018

Record surge in migrant arrivals and departures for New Zealand in April 2024

Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

Total gross earnings in New Zealand up by 8.6% in year to March 2024

New Zealand sees slower population growth but increased diversity, 2023 Census reveals