nz New Zealand 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$253.36 billion

↑ 0.47% vs 2023
GDP per Capita

$48,507.96

↑ 0.47% vs 2023
GDP Growth (Annual %)

0.47%

↓ 0.26pp vs 2023
Inflation Rate (CPI %)

2.92%

↓ 2.81pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $252.18 billion $253.36 billion +0.47%
GDP per Capita $48,280.81 $48,507.96 +0.47%
GDP Growth (Annual %) 0.73% 0.47% -0.26pp
Inflation (CPI %) 5.73% 2.92% -2.81pp
Unemployment Rate (%) 3.73% 4.87% +1.14pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$253.36 billion
GDP per Capita
$48,507.96
GDP Growth (Annual %)
0.47%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
2.92%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
4.87%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, New Zealand's Gross Domestic Product (GDP) is $253.36 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in New Zealand for 2024 is $48,507.96. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in New Zealand for 2024 is 2.92%. This measures the annual percentage change in the cost of consumer goods and services.

New Zealand's annual GDP growth rate for 2024 is 0.47%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in New Zealand for 2024 is 4.87%. This represents the percentage of the labor force that is unemployed and actively seeking employment.