Forex Fundamentals
New Zealand GDP Growth Rate

New Zealand GDP Growth Rate 18 December 2024

New Zealand GDP Growth Rate 18 December 2024: -1% for Q3 2024, below the -0.4% forecast and against -1.1% in Q2 2024 (first reported as -0.2%). It is the lowest of the last 12 releases. 6 of the last 12 releases came in below the forecast. It was released on Wed 18 Dec 2024 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%
Q3 2024
Forecast
-0.4%
The market consensus
Previous
-1.1%
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 18 December 2024: -1% for Q3 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 December 2024: -1% vs -0.4% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-gdp/2024-12-18

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
18 Dec 2024Q3-1%-0.4%-1.1%
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%
The release before:New Zealand GDP Growth Rate 18 September 2024The release after:New Zealand GDP Growth Rate 19 March 2025New Zealand GDP Growth Rate: every recent resultThis week’s economic calendar