Every release since 16 Mar 2016: 43 on record, actual against forecast. Medium impact for the NZD. Updated within the hour of each release.
The last NZ GDP Growth Rate QoQ (Q2 2026, released 16 Sept 2026) came in at 0.2%, above the 0.1% forecast; the previous reading was 0.9%.
Since 2016, NZ GDP Growth Rate QoQ has come in above forecast 60% of the time and below 30% (43 releases with a forecast); over the last 12 it beat 42%. It has now come in above forecast 3 releases in a row.
The average miss against forecast over the last 24 releases was 0.38%: higher than expected is good for the NZD.
| Released | Period | Actual | Forecast | Previous | Vs forecast |
|---|---|---|---|---|---|
| 16 Sept 2026 18:45 | Q2 2026 | 0.2% | 0.1% | 0.9% | above |
| 17 Jun 2026 18:45 | Q1 2026 | 0.9% | 0.8% | 0.5% | above |
| 18 Mar 2026 17:45 | Q4 2025 | 0.5% | 0.4% | 0.9% | above |
| 17 Dec 2025 16:45 | Q3 2025 | 0.9% | 0.9% | -0.6% | in line |
| 17 Sept 2025 18:45 | Q2 2025 | -0.6% | -0.3% | 0.8% | below |
| 18 Jun 2025 18:45 | Q1 2025 | 0.8% | 0.7% | 0.1% | above |
| 19 Mar 2025 17:45 | Q4 2024 | 0.1% | 0.4% | -1.2% | below |
| 18 Dec 2024 16:45 | Q3 2024 | -1.2% | -0.2% | -0.5% | below |
| 18 Sept 2024 18:45 | Q2 2024 | -0.5% | -0.4% | 0% | below |
| 19 Jun 2024 18:45 | Q1 2024 | 0% | 0.1% | 0.5% | below |
| 20 Mar 2024 17:45 | Q4 2023 | 0.5% | 0.1% | 0.1% | above |
| 13 Dec 2023 16:45 | Q3 2023 | 0.1% | 0.2% | 0.9% | below |
| 20 Sept 2023 18:45 | Q2 2023 | 0.9% | 0.5% | -0.1% | above |
| 14 Jun 2023 18:45 | Q1 2023 | -0.1% | -0.1% | 0.3% | in line |
| 15 Mar 2023 17:45 | Q4 2022 | 0.3% | -0.1% | 1.9% | above |
| 14 Dec 2022 16:45 | Q3 2022 | 1.9% | 0.9% | 1% | above |
| 14 Sept 2022 18:45 | Q2 2022 | 1% | 1% | -0.1% | in line |
| 15 Jun 2022 18:45 | Q1 2022 | -0.1% | 0.6% | 4.1% | below |
| 16 Mar 2022 17:45 | Q4 2021 | 4.1% | 3.2% | -4.3% | above |
| 15 Dec 2021 16:45 | Q3 2021 | -4.3% | -4.5% | 0.8% | above |
| 15 Sept 2021 18:45 | Q2 2021 | 0.8% | 1.3% | 2% | below |
| 16 Jun 2021 18:45 | Q1 2021 | 2% | 0.5% | 0.4% | above |
| 17 Mar 2021 17:45 | Q4 2020 | 0.4% | 0.1% | 14.1% | above |
| 16 Dec 2020 16:45 | Q3 2020 | 14.1% | 13.5% | -10.4% | above |
| 16 Sept 2020 18:45 | Q2 2020 | -10.4% | -12.8% | -1.1% | above |
| 17 Jun 2020 18:45 | Q1 2020 | -1.1% | -1% | 1% | below |
| 18 Mar 2020 17:45 | Q4 2019 | 1% | 0.5% | 0.8% | above |
| 18 Dec 2019 16:45 | Q3 2019 | 0.8% | 0.6% | 0.1% | above |
| 18 Sept 2019 18:45 | Q2 2019 | 0.1% | 0.4% | 0.9% | below |
| 19 Jun 2019 18:45 | Q1 2019 | 0.9% | 0.6% | 1.5% | above |
| 20 Mar 2019 17:45 | Q4 2018 | 1.5% | 0.6% | 0.1% | above |
| 19 Dec 2018 16:45 | Q3 2018 | 0.1% | 0.6% | 0.9% | below |
| 19 Sept 2018 18:45 | Q2 2018 | 0.9% | 0.7% | 0.9% | above |
| 20 Jun 2018 18:45 | Q1 2018 | 0.9% | 0.5% | 0.9% | above |
| 14 Mar 2018 17:45 | Q4 2017 | 0.9% | 0.7% | 0.7% | above |
| 20 Dec 2017 16:45 | Q3 2017 | 0.7% | 0.5% | 0.8% | above |
| 20 Sept 2017 18:45 | Q2 2017 | 0.8% | 0.8% | 1.1% | in line |
| 14 Jun 2017 18:45 | Q1 2017 | 1.1% | 0.7% | 0.2% | above |
| 15 Mar 2017 17:45 | Q4 2016 | 0.2% | 0.7% | 1% | below |
| 21 Dec 2016 16:45 | Q3 2016 | 1% | 0.9% | 0.9% | above |
| 14 Sept 2016 18:45 | Q2 2016 | 0.9% | 1.1% | 1.3% | below |
| 15 Jun 2016 18:45 | Q1 2016 | 1.3% | 0.5% | 1% | above |
| 16 Mar 2016 17:45 | Q4 2015 | 1% | 0.6% | 1% | above |
The last NZ GDP Growth Rate QoQ (Q2 2026, released 16 Sept 2026) came in at 0.2%, above the 0.1% forecast; the previous reading was 0.9%.
NZ GDP Growth Rate QoQ is released quarterly by Stats NZ. CRTLAB has 43 releases on record since 16 Mar 2016.
Since 2016, NZ GDP Growth Rate QoQ has come in above forecast 60% of the time and below 30% (43 releases with a forecast); over the last 12 it beat 42%. It has now come in above forecast 3 releases in a row.
The highest was 14.1% (Q3 2020) and the lowest -10.4% (Q2 2020). The five-year average is 0.27%.
Usually yes: a reading above forecast is the good surprise for the NZD, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the NZD against its forecast, red one that was bad.
New Zealand has an advanced market economy, highly dependent on international trade. The country is closely link with Australia, which is the biggest importer of “kiwi” products, supplier and investor.