Forex Fundamentals
New Zealand GDP Growth Rate

New Zealand GDP Growth Rate 18 September 2024

New Zealand GDP Growth Rate 18 September 2024: -0.2% for Q2 2024, above the -0.4% forecast and against 0.1% in Q1 2024 (first reported as 0.2%). It is the lowest reading since Q3 2023. It is the second release in a row above the forecast. It was released on Wed 18 Sep 2024 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
-0.2%
Q2 2024
Forecast
-0.4%
The market consensus
Previous
0.1%
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 18 September 2024: -0.2% for Q2 2024 against a -0.4% 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 18 September 2024: -0.2% vs -0.4% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-gdp/2024-09-18

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
18 Sep 2024Q2-0.2%-0.4%0.1%
19 Jun 2024Q10.2%0%-0.1%
20 Mar 2024Q4-0.1%0.1%-0.3%
13 Dec 2023Q3-0.3%0.2%0.5%
20 Sep 2023Q20.9%0.5%0%
14 Jun 2023Q1-0.1%-0.1%-0.7%
15 Mar 2023Q4-0.6%-0.2%1.7%
14 Dec 2022Q32%0.9%1.9%
14 Sep 2022Q21.7%1%-0.2%
15 Jun 2022Q1-0.2%0.6%3%
16 Mar 2022Q43%3.2%-3.6%
15 Dec 2021Q3-3.7%-4.5%2.8%
The release before:New Zealand GDP Growth Rate 19 June 2024The release after:New Zealand GDP Growth Rate 18 December 2024New Zealand GDP Growth Rate: every recent resultThis week’s economic calendar