Changes in gdp and their respective ranking of economies in 2019. The data, due at 22:45 GMT on Wednesday, will likely show the Pacific island nation recorded its first economic contraction in nine years in the first three months of 2020. New Zealand GDP (Gross Domestic Product) was INT$168.73billion for 2018 in PPP terms. This rate is 6 -tenths of one percent less than the figure of 2.8% published in 2018. Source: New Zealand Government. GDP (Nominal) of 193 countries as of 2018 and 2019 by IMF. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2018, building on the lifetimes work of Angus Maddison.
New Zealand will be the last of the major economies to report GDP estimates for the first quarter. - … Gross Domestic Product of New Zealand grew 2.2% in 2019 compared to last year. Data from World bank and The World Factbook includes gdp and year estimated for.
The GDP figure in 2019 was €184,782 $203,127 million, New Zealand is number 53 in the ranking of GDP of the 196 countries that we publish. Today’s GDP figures show the expected impacts of the decision to go hard and early to protect New Zealand against the global COVID-19 pandemic, which now means the economy has been able to open up faster than most countries around the world, Finance Minister Grant Robertson says. New Zealand’s economy grew at a faster pace in the third quarter, suggesting its slowdown is over and the central bank may not have to keep cutting interest rates. The subnational gross domestic product (GDP) of Southland was estimated at NZ$6.36 billion in the year to March 2019, 2.1% of New Zealand's national GDP.
New Zealand's GDP grew 2.2% in 2019 against 3.2% in 2018 - and is expected to fall to -7.2% in 2020 due to the outbreak of the COVID-19 and pick up to 5.9% in 2021, according to the updated IMF forecasts from 14th April 2020. The subnational GDP per capita was estimated at $63,084 in the same period. New Zealand's Gross Domestic Product (GDP) has decreased by 1.6 per cent in the first quarter of 2020, as the economic impact of Covid-19 unfolds. The absolute value of GDP in New Zealand rose €8,691 $2,657 million with respect to 2018.