Macro‑Economic Monitor

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New Zealand economy

New Zealand’s economy grew 0.5% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 2.8% in 2025, and 5.1% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth0.5%2025
Inflation (consumer prices)2.8%2025
Unemployment5.1%2025
GDP (US dollars)$264 bn2025
GDP per person (US dollars)$49,5912025
GDP per person (PPP, international dollars)$55,5512024
Current account balance, % of GDP−3.6%2025
Budget balance, % of GDP−2.3%2024
Population5.3 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.