Key graphs - GDP growth
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Following the 1998 "Asian crisis" New Zealand's Gross Domestic Product ("GDP") recovered strongly. Annual GDP growth from 2001 through to 2004 (on average) exceeded that of its major trading partners, partly as a result of strong net inward migration and associated population growth.
The recent global recession, and the associated financial crisis in many countries, had a significant adverse effect on global economic activity. Most of New Zealand's trading partners experienced contractions in GDP between 2008 and 2009. Of the countries shown in the charts, Australia was the only economy not to experience negative GDP growth on an annual basis. The contractions experienced by the US, UK and Japan over this period were more severe than that experienced by New Zealand.
For a chart of GDP growth since 2000
adding the UK and Japan, select the link or click on the graph to the right. Data from 1990 is available in Excel by selecting the download data link.
Last updated 10 June 2013 |



