A comprehensive measure of a New Zealand 's overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. Economic expansion, indicated by a growing GDP, raises concerns about inflationary pressure.

GDP calculates the total market value of goods and services produced in New Zealand within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only. It is calculated as:

GDP = C + I + G + (EX - IM)

where

C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. These are the preliminary figures, and are usually revised every following month.

Release schedule : 22:45 (GMT); quarterly, over 2 months after the reporting period
Revisions schedule : All figures are revised monthly
Source of report : Statistics New Zealand
Web Address : http://www.stats.govt.nz/default.htm
Address of release : http://www.stats.govt.nz/default.htm
Refer Main Indicator > GDP