New Zealand 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$252.18 billion
↑ 2.21% vs 2022GDP per Capita
$48,280.81
↑ 0.13% vs 2022GDP Growth (Annual %)
0.73%
↓ 2.04pp vs 2022Inflation Rate (CPI %)
5.73%
↓ 1.44pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $246.73 billion | $252.18 billion | +2.21% |
| GDP per Capita | $48,216.51 | $48,280.81 | +0.13% |
| GDP Growth (Annual %) | 2.77% | 0.73% | -2.04pp |
| Inflation (CPI %) | 7.17% | 5.73% | -1.44pp |
| Unemployment Rate (%) | 3.30% | 3.73% | +0.43pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $252.18 billion
- GDP per Capita
- $48,280.81
- GDP Growth (Annual %)
- 0.73%
- Gross National Income
- $244.15 billion
Prices & Employment
- Inflation (CPI %)
- 5.73%
- Inflation (GDP Deflator %)
- 4.76%
- Unemployment Rate (%)
- 3.73%
- 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)
- -6.77%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, New Zealand's Gross Domestic Product (GDP) is $252.18 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in New Zealand for 2023 is $48,280.81. 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 2023 is 5.73%. This measures the annual percentage change in the cost of consumer goods and services.
New Zealand's annual GDP growth rate for 2023 is 0.73%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in New Zealand for 2023 is 3.73%. This represents the percentage of the labor force that is unemployed and actively seeking employment.