Forex Fundamentals
New Zealand GDP Growth Rate

New Zealand GDP Growth Rate 17 March 2021

New Zealand GDP Growth Rate 17 March 2021: -1% for Q4 2020, below the 0.1% forecast and against 13.9% in Q3 2020 (first reported as 14.0%). 3 of the last 12 releases came in below the forecast. It was released on Wed 17 Mar 2021 at 21:45 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
-1%
Q4 2020
Forecast
0.1%
The market consensus
Previous
13.9%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise, especially a contraction, usually weakens the NZD as expectations shift toward RBNZ easing.

New Zealand GDP Growth Rate 17 March 2021: -1% for Q4 2020 against a 0.1% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

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

New Zealand GDP Growth Rate 17 March 2021: -1% vs 0.1% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-gdp/2021-03-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Mar 2021Q4-1%0.1%13.9%
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%
The release before:New Zealand GDP Growth Rate 16 December 2020The release after:New Zealand GDP Growth Rate 16 June 2021New Zealand GDP Growth Rate: every recent resultThis week’s economic calendar