Output Gap (As % of Potential GDP) in New Zealand

Output gap as a percentage of potential gdp reached 0.874% in 2023 in New Zealand, according to the National Statistical Office. This is 32.5% less than in the previous year.

Historically, output gap as a percentage of potential GDP in New Zealand reached an all time high of 3.57% in 2007 and an all time low of -3.00% in 2020.