What is the current inflation rate in New Zealand?

New Zealand's consumer price inflation is 2.8% year-on-year as of Dec 2025.

How big is New Zealand's economy?

New Zealand's nominal GDP was $264.1B in 2025.

New Zealand's unemployment rate is 5.2% as of Sep 2025.

We use primary economic sources for every country. See our methodology page for how we source and verify it.

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
GDP, current prices, USD	$264.1B	$261.5B	$264.1B	$5.2B	Dec 2025	Annual
Real GDP growth, YoY	2.1%	1.9%	17.8%	-9.3%	Mar 2026	Quarterly
Inflation rate, CPI YoY	2.8%	2.9%	17.2%	-0.1%	Dec 2025	Annual
Unemployment rate	5.2%	11.3%	12.8%	5.2%	Sep 2025	Monthly
Policy / benchmark interest rate	2.5%	2.3%	54.3%	0.3%	Jul 2026	Monthly
Government debt % GDP	54.7%	51.4%	68.5%	16.3%	Dec 2025	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
GDP, current prices, USD	$264.1B	$261.5B	$264.1B	$5.2B	Dec 2025	Annual
Full-Year GDP Growth	0.2%	-0.3%	6.9%	-1.3%	Dec 2025	Annual
GDP per capita, PPP	Int$57,350	Int$55,794	Int$57,350	Int$14,501	Dec 2025	Annual
GDP per capita, current USD	$49,591	$49,432	$49,902	$1,902	Dec 2025	Annual
GDP, PPP, international $	Int$305.4B	Int$295.2B	Int$305.4B	Int$49.3B	Dec 2025	Annual
Real GDP growth, YoY	2.1%	1.9%	17.8%	-9.3%	Mar 2026	Quarterly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Total population	5.3M	5.3M	5.3M	2.4M	Dec 2025	Annual
Unemployment rate	5.2%	11.3%	12.8%	5.2%	Sep 2025	Monthly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Inflation rate, CPI YoY	2.8%	2.9%	17.2%	-0.1%	Dec 2025	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Policy / benchmark interest rate	2.5%	2.3%	54.3%	0.3%	Jul 2026	Monthly
Private credit / GDP	143.4%	141.9%	159.3%	140.6%	Dec 2025	Annual
Official / period-average FX vs USD	1.69 per USD	1.73 per USD	2.51 per USD	0.68 per USD	Aug 2026	Monthly
Foreign-exchange reserves (ex-gold)	$30.0B	$29.4B	$34.8B	$3.3B	Jul 2026	Monthly
Money supply M2	0.45T LCU	0.45T LCU	0.46T LCU	0.20T LCU	May 2026	Monthly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Current account % GDP	-3.6%	-4.6%	-0.8%	-8.8%	Dec 2025	Annual
Current Account Goods	$-53.1M	$-957.4M	$2.3B	$-3.4B	Mar 2026	Quarterly
Current Account Services	$1.5B	$-130.1M	$2.3B	$-1.8B	Mar 2026	Quarterly
FDI inflows	$3.6B	$1.8B	$9.8B	$-3.4B	Dec 2025	Annual
Personal remittances, received	$407.2M	$461.9M	$2.0B	$107.6M	Dec 2022	Annual
Tourism Revenues	$4.2B	$2.6B	$4.2B	$463.8M	Mar 2026	Quarterly
Exports	$49.8B	$49.7B	—	—	2025	Annual
Imports	$49.0B	—	—	—	2025	Annual

#	Name	Value 2025	Share	YoY
1	China	$21.9B	22.1%	+6.9%
2	United States	$11.5B	11.6%	-1.7%
3	Australia	$10.8B	11.0%	+4.7%
4	Japan	$5.1B	5.2%	-3%
5	South Korea	$5B	5.1%	-7.9%
6	Refined industrial goods	$4.2B	4.1%	+6.2%
7	Processed materials	$3.5B	3.5%	-3.1%
8	Specialty equipment	$2.9B	2.9%	+12%
9	Consumer products	$2.2B	2.2%	+0.7%
10	Intermediate goods	$1.6B	1.6%	-5.4%

FAQ

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Budget balance % GDP	-3.9%	-3.2%	5.1%	-7.0%	Dec 2025	Annual
Government debt % GDP	54.7%	51.4%	68.5%	16.3%	Dec 2025	Annual
Military expenditure	1.2%	1.2%	3.0%	1.0%	Dec 2024	Annual
Military expenditure, current USD	$3.0B	$3.0B	$3.0B	$96.3M	Dec 2024	Annual
Government Spending to GDP	41.6%	41.7%	52.9%	35.6%	Dec 2025	Annual
Tax revenue % GDP	29.5%	28.1%	33.2%	24.5%	Dec 2024	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Industrial production YoY	-1.0%	-2.0%	8.7%	-8.5%	Dec 2024	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Age-dependency ratio	55.0%	54.6%	71.1%	50.4%	Dec 2025	Annual
Total fertility rate	1.57 births per woman	1.57 births per woman	4.31 births per woman	1.57 births per woman	Dec 2024	Annual
Life expectancy at birth	82.01 years	81.76 years	82.26 years	70.99 years	Dec 2024	Annual
Working-age population	3.4M	3.4M	3.4M	1.4M	Dec 2025	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Hospital beds per 1,000	2.51 per 1,000 people	2.57 per 1,000 people	11.70 per 1,000 people	2.41 per 1,000 people	Dec 2023	Annual
Health expenditure % GDP	10.1%	10.1%	10.6%	7.5%	Dec 2024	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
CO2 emissions	31.81 Mt CO₂	31.78 Mt CO₂	37.25 Mt CO₂	15.10 Mt CO₂	Dec 2024	Annual
Energy use per capita	3,557 kg oil eq. per capita	3,661 kg oil eq. per capita	4,477 kg oil eq. per capita	3,557 kg oil eq. per capita	Dec 2024	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
ICT goods exports, % of goods exports	1.2%	1.2%	1.8%	0.9%	Dec 2024	Annual
ICT service exports, % of service exports	5.7%	6.2%	11.3%	3.3%	Dec 2025	Annual
Research & development expenditure % GDP	1.5%	1.5%	1.5%	1.0%	Dec 2023	Annual
High-technology exports, % of manufactured exports	13.0%	12.6%	13.0%	9.3%	Dec 2024	Annual