New Zealand GDP Growth Rate

How much the economy grew or shrank compared with the previous three months, in real terms, seasonally adjusted.

0.2%

−0.7pp vs Q1 2026

Q2 2026 · Quarterly data

Seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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GDP Growth Rate

Q3 1987 to Q2 2026

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

New Zealand GDP Growth Rate in context

Worked out from the published series shown above.

In New Zealand, the GDP growth rate rose by 0.8pp over the year to Q2 2026, from −0.6% in Q2 2025.

Over the past five years it has ranged from −4.3% in Q3 2021 to 4.1% in Q4 2021.

Its average since Q3 1987 is 0.6%, and the latest reading is below that.

New Zealand is 9th of 26 countries in our GDP Growth Rate by Country ranking.

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

This is the quarterly figure Stats NZ headlines.

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

More New Zealand indicators

Latest readings. Open any one for its full history.

Rankings

See every country we track, side by side.