Nominal GDP for New Zealand was NZ$350.2bn in 2021, down from NZ$321.6bn in 2020. The New Zealand population was estimated at 5.1m in 2021 according to the IMF, while China is New Zealand’s biggest trading partner.
Variables Surveyed for New Zealand
Variables covered in our monthly analysis of New Zealand include:
Consensus Forecasts for New Zealand
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the Reserve Bank of New Zealand, IMF and OECD. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.
Source: Asia Pacific Conensus Forecasts, September 2022