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New Zealand - GDP 4Q2013
New Zealand - GDP 4Q2013
by Eduardo Petazze
For calendar year 2013 New Zealand's GDP grew by 2.73%, from 2.57% in 2012
In the December 2013 quarter GDP (production approach) increased 0.94% Q/Q (+3.05% Y/Y)
For fiscal year 2013/14 GDP growth is estimated at 2.9%, from 2.3% in fiscal year 2012/13
Statistics of NZ released the Gross Domestic Product for the December 2013 quarter (pdf, 25 pages)
The following is a summary, including an estimate for the 1Q2014, completing the fiscal year 2013/2014
Gross data
Annual Fiscal Year ended
1Q2012 1Q2013 1Q2014
7,656
7,506
7,529
1,212
1,240
1,296
9,149
9,051
9,158
19,553
19,868
20,286
3,168
3,092
3,051
6,604
7,556
8,292
29,642
30,933
32,113
7,970
8,134
8,341
9,608
9,894 10,312
7,540
7,594
7,624
9,929
10,321
10,497
6,751
6,878
7,110
18,211
18,460
18,738
12,362
12,797
13,275
6,135
6,123
6,258
4,456
4,481
4,511
7,378
7,625
7,985
4,289
4,272
4,359
93,937
95,769
98,257
132,728 135,753 139,528
11,868
12,164
12,689
144,596 147,917 152,217
1Q2012 1Q2013 1Q2014
89,507
91,666
94,918
2,082
2,263
2,350
25,824
25,657
25,960
34,217
35,739
39,361
32,985
35,095
38,554
1,232
644
807
48,941
50,182
50,144
55,157
55,805
60,039
1,382
968
1,641
146,796 150,670 154,335
-2,200
-2,753
-2,118
144,596 147,917 152,217
1Q2012 1Q2013 1Q2014
12.42% -1.96%
0.30%
-12.81%
2.31%
4.55%
6.19% -1.07%
1.18%
2.87%
1.61%
2.10%
-2.43% -2.40% -1.32%
3.77% 14.42%
9.75%
2.20%
4.36%
3.82%
2.94%
2.06%
2.55%
3.93%
2.98%
4.23%
0.71%
0.72%
0.40%
5.77%
3.95%
1.70%
2.01%
1.88%
3.37%
1.54%
1.37%
1.50%
5.98%
3.52%
3.74%
0.16% -0.20%
2.20%
1.32%
0.56%
0.66%
-2.75%
3.35%
4.72%
-2.28% -0.40%
2.04%
1.96%
1.95%
2.60%
2.30%
2.28%
2.78%
3.56%
2.49%
4.31%
2.40%
2.30%
2.91%
1Q2012 1Q2013 1Q2014
2.88%
2.41%
3.55%
12.42%
8.69%
3.86%
0.23% -0.65%
1.18%
7.65%
4.45% 10.13%
5.40%
6.40%
9.86%
2013Q4
2,438
320
2,811
5,489
788
2,100
8,461
2,233
2,822
1,995
2,630
1,788
4,688
3,254
1,585
1,128
2,021
1,095
25,031
36,303
3,552
39,855
2013Q4
25,191
585
6,508
10,965
10,059
906
12,908
15,848
341
40,650
-795
39,855
2013Q4
1.97%
10.73%
3.35%
3.43%
-0.51%
7.47%
4.02%
3.86%
3.86%
0.71%
-0.04%
3.77%
1.27%
2.91%
1.08%
0.62%
5.48%
0.00%
2.39%
2.84%
5.31%
3.05%
2013Q4
3.76%
2.63%
1.34%
7.42%
11.57%
2014Q1
2,077
318
2,469
5,146
726
2,042
8,001
2,022
2,585
1,933
2,644
1,794
4,702
3,343
1,517
1,131
2,004
1,085
24,559
35,029
3,261
38,290
2014Q1
23,082
602
6,330
9,647
9,420
227
13,588
14,261
252
39,240
-950
38,290
2014Q1
3.01%
3.71%
3.29%
2.81%
-0.23%
6.88%
3.57%
3.55%
3.50%
1.00%
3.07%
2.93%
1.48%
1.87%
1.60%
0.67%
4.75%
0.49%
2.26%
2.63%
5.80%
2.89%
2014Q1
3.23%
4.59%
1.27%
8.11%
9.47%
1.18%
8.51%
2.31%
3.05%
0.22%
6.57%
2.36%
2.89%
2014Q1
1,890
331
2,307
5,140
767
2,147
8,181
2,120
2,604
1,908
2,644
1,794
4,702
3,343
1,564
1,131
2,006
1,090
24,720
35,208
3,246
38,454
2014Q1
24,020
602
6,469
9,784
9,738
46
12,871
15,173
426
38,999
-545
38,454
2014Q1
-1.53%
-1.66%
-1.64%
-0.14%
-1.88%
5.06%
1.14%
-0.26%
1.02%
-0.35%
0.52%
0.34%
0.29%
2.75%
-0.27%
0.22%
-0.85%
0.30%
0.53%
0.53%
-1.07%
0.39%
2014Q1
0.65%
2.98%
-0.79%
0.80%
0.14%
1.65%
-0.04%
0.73%
0.39%
2.79%
6.54%
2.34%
2.40%
Own estimate
2.54%
1.17%
2.64%
2.30%
-0.08%
7.59%
2.43%
2.91%