November 5th, 2024

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
7 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
7 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...

Featured News

Net worth has fluctuated due to shifting asset values, particularly in property and investment holdings.

Household spending surpasses income as net worth drops by $47 billion

News
The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.

Food prices see smallest annual increase since 2018

News
Provisional figures indicate that New Zealand saw 229,100 (± 3,500) migrant arrivals in the April 2024 year, marking a 25% increase from the previous year.

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

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

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

News
Auckland region had the largest increase in earnings over the year to March 2024, up to $64.9 billion from $59.6 billion in the March 2023 year.

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

Business