New Zealand GDP Annual Growth Rate

How much bigger or smaller the economy is than in the same quarter a year earlier, adjusted for inflation.

2.6%

+0.9pp vs Q1 2026

Q2 2026 · Quarterly data

Seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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GDP Annual Growth Rate

Q2 1988 to Q2 2026

Source: OECD quarterly national accounts (DF_QNA, table T0101) · real GDP, change on the same quarter a year earlier, seasonally adjusted.

New Zealand GDP Annual Growth Rate in context

Worked out from the published series shown above.

In New Zealand, the GDP annual growth rate rose by 3.5pp over the year to Q2 2026, from −0.9% in Q2 2025.

It is the highest reading since Q2 2023.

Over the past five years it has ranged from −1.6% in Q4 2024 to 17.8% in Q2 2021.

Its average since Q2 1988 is 2.5%, and the latest reading is above that.

How this series is defined

Everything you need to check the figure against the source.

Source
OECD
Series
quarterly
Frequency
Quarterly
Unit
%
Seasonal adjustment
Seasonally adjusted
Latest observation
Q2 2026
Revision status
Latest published estimate, subject to revision

Stats NZ also publishes a different annual figure, the total for the latest 12 months against the 12 months before, which moves more slowly.

Data refreshed 2026-10-07. Figures are the latest published observations and can be revised.

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