GDP Growth Rate
Year -
0.63%
In 2023, New Zealand experienced a significant a decrease in its GDP growth rate, which fall to 0.63% from 2.77% in 2022. Additionally, the GDP per capita growth rate in New Zealand decrease to -1.41% in 2023, compared to 2.66% in 2022.
In 2023, New Zealand experienced a decrease in economic performance, with the GDP growth rate falling by 2.14%. Additionally, the GDP per capita growth rate decrease by 4.07%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 3.32% | 3.32% | 1.27% | 1.27% |
| 1962 | 3.08% | -0.24% | 0.49% | -0.78% |
| 1963 | 6.1% | 3.02% | 4.02% | 3.53% |
| 1964 | 6.1% | 0.00% | 3.9% | -0.12% |
| 1965 | 6.11% | 0.01% | 4.38% | 0.48% |
| 1966 | 6.25% | 0.14% | 4.36% | -0.02% |
| 1967 | -4.59% | -10.84% | -6.28% | -10.64% |
| 1968 | -0.05% | 4.54% | -0.92% | 5.36% |
| 1969 | 10.19% | 10.24% | 9.21% | 10.13% |
| 1970 | -1.4% | -11.59% | -2.73% | -11.94% |
| 1971 | 3.79% | 5.19% | 2.25% | 4.98% |
| 1972 | 5.12% | 1.33% | 3.28% | 1.03% |
| 1973 | 7.8% | 2.68% | 5.71% | 2.43% |
| 1974 | 5.99% | -1.81% | 3.81% | -1.90% |
| 1975 | -1.73% | -7.72% | -3.62% | -7.43% |
| 1976 | 0.93% | 2.66% | 0.04% | 3.66% |
| 1977 | -3.94% | -4.87% | -4.23% | -4.27% |
| 1978 | 0.32% | 4.26% | 0.29% | 4.52% |
| 1979 | 2.19% | 1.87% | 2.59% | 2.30% |
| 1980 | 1.28% | -0.91% | 1.16% | -1.43% |
| 1981 | 4.66% | 3.38% | 4.25% | 3.09% |
| 1982 | 0.93% | -3.73% | -0.07% | -4.32% |
| 1983 | 3.49% | 2.56% | 2.09% | 2.16% |
| 1984 | 4.79% | 1.30% | 3.89% | 1.80% |
| 1985 | 1.62% | -3.17% | 0.99% | -2.90% |
| 1986 | 2.71% | 1.09% | 2.73% | 1.74% |
| 1987 | 0.97% | -1.74% | 0.11% | -2.62% |
| 1988 | -0.35% | -1.32% | -0.63% | -0.74% |
| 1989 | 0.16% | 0.51% | -0.32% | 0.31% |
| 1990 | 0.15% | -0.01% | -0.77% | -0.45% |
| 1991 | -1.09% | -1.24% | -5.77% | -5.00% |
| 1992 | 1.09% | 2.18% | 0.05% | 5.82% |
| 1993 | 6.39% | 5.30% | 5.19% | 5.14% |
| 1994 | 5.12% | -1.27% | 3.73% | -1.46% |
| 1995 | 4.72% | -0.40% | 3.2% | -0.53% |
| 1996 | 3.61% | -1.11% | 1.98% | -1.22% |
| 1997 | 2.08% | -1.53% | 0.75% | -1.23% |
| 1998 | 0.86% | -1.22% | -0.03% | -0.78% |
| 1999 | 5.38% | 4.52% | 4.82% | 4.85% |
| 2000 | 2.87% | -2.51% | 2.27% | -2.55% |
| 2001 | 3.41% | 0.54% | 2.8% | 0.53% |
| 2002 | 4.71% | 1.30% | 2.91% | 0.11% |
| 2003 | 4.73% | 0.02% | 2.68% | -0.23% |
| 2004 | 4.09% | -0.64% | 2.55% | -0.13% |
| 2005 | 3.35% | -0.74% | 2.19% | -0.36% |
| 2006 | 2.78% | -0.57% | 1.53% | -0.66% |
| 2007 | 3.05% | 0.27% | 2.09% | 0.56% |
| 2008 | -1.24% | -4.29% | -2.07% | -4.16% |
| 2009 | -0.05% | 1.19% | -1.05% | 1.02% |
| 2010 | 1.44% | 1.49% | 0.32% | 1.37% |
| 2011 | 2.24% | 0.80% | 1.46% | 1.14% |
| 2012 | 2.29% | 0.05% | 1.73% | 0.27% |
| 2013 | 2.76% | 0.47% | 1.97% | 0.24% |
| 2014 | 3.75% | 0.99% | 2.05% | 0.08% |
| 2015 | 3.73% | -0.02% | 1.64% | -0.41% |
| 2016 | 3.75% | 0.02% | 1.44% | -0.20% |
| 2017 | 3.4% | -0.35% | 1.26% | -0.18% |
| 2018 | 3.5% | 0.10% | 1.66% | 0.40% |
| 2019 | 2.36% | -1.14% | 0.75% | -0.91% |
| 2020 | -0.42% | -2.78% | -2.6% | -3.35% |
| 2021 | 4.55% | 4.97% | 4.11% | 6.71% |
| 2022 | 2.77% | -1.78% | 2.66% | -1.45% |
| 2023 | 0.63% | -2.14% | -1.41% | -4.07% |