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New Zealand Output Gap, Percent of Potential GDP Statistics

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Country or Region: New Zealand › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all New Zealand indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: New Zealand Dollar
Currency Symbol: NZD

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for New Zealand , Year 2010 - In Detail

Output Gap, Percent of Potential GDP for New Zealand in year 2010 is -3.144 %

This makes New Zealand No. 16 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; New Zealand is 2.78 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for New Zealand was -3.20 % Output Gap, Percent of Potential GDP for New Zealand in 2010 was or will be 1.69% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for New Zealand was or will be -2.90 %, which is 7.86% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for New Zealand, in other Years
Year %
  2016 n/a
  2015 n/a
  2014 n/a
  2013 n/a
  2012 -1.121
  2011 -2.897
2010 -3.144
  2009 -3.198
  2008 -0.295
  2007 1.596
  2006 0.972
  2005 2.598
  2004 2.413
  2003 1.66
  2002 1.1
  2001 0.02
  2000 0.376
  1999 -0.897
  1998 -1.898
  1997 1.131
  1996 2.122
  1995 1.584
  1994 0.909
  1993 -1.165
  1992 -3.178
  1991 -1.986
  1990 0.797
  1989 1.337
  1988 0.876
  1987 1.847
  1986 0.763
  1985 -0.244
  1984 2.943
  1983 -0.015
  1982 3.238
  1981 2.357
  1980 0.935