Forex Fundamentals
New Zealand GDP Growth Rate

New Zealand GDP Growth Rate 16 December 2020

New Zealand GDP Growth Rate 16 December 2020: 14.0% for Q3 2020, above the 13.5% forecast and against -11.0% in Q2 2020 (first reported as -12.2%). It is the highest of the last 12 releases. It is the second release in a row above the forecast. It was released on Wed 16 Dec 2020 at 22:45 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
14.0%
Q3 2020
Forecast
13.5%
The market consensus
Previous
-11.0%
As the source gives it

What a print like this usually does

Above the forecast: Growth above forecast usually supports the NZD as traders price a more resilient economy and potentially higher rates for longer.

New Zealand GDP Growth Rate 16 December 2020: 14.0% for Q3 2020 against a 13.5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

New Zealand GDP Growth Rate 16 December 2020: 14.0% vs 13.5% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-gdp/2020-12-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 Dec 2020Q314.0%13.5%-11.0%
16 Sep 2020Q2-12.2%-12.8%-1.4%
17 Jun 2020Q1-1.6%-1%0.5%
18 Mar 2020Q40.5%0.5%0.8%
18 Dec 2019Q30.7%0.6%0.1%
18 Sep 2019Q20.5%0.4%0.6%
19 Jun 2019Q10.6%0.6%0.6%
20 Mar 2019Q40.6%0.6%0.3%
19 Dec 2018Q30.3%0.6%1%
19 Sep 2018Q21%0.7%0.5%
20 Jun 2018Q10.5%0.5%0.6%
14 Mar 2018Q40.6%0.7%0.6%
The release before:New Zealand GDP Growth Rate 16 September 2020The release after:New Zealand GDP Growth Rate 17 March 2021New Zealand GDP Growth Rate: every recent resultThis week’s economic calendar