New Zealand Output Gap, Percent of Potential GDP Statistics

22, May 2019, EDT.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Output Gap, Percent of Potential GDP for New Zealand in year 2015 is -0.568 %. 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.

This makes New Zealand No. 8 in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; New Zealand is 0.34 less than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for New Zealand was -1.00 % Output Gap, Percent of Potential GDP for New Zealand in 2015 was or will be 43.20% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for New Zealand was or will be -1.00 %, which is 75.18% more than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for New Zealand, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 -0.997
  2016 -0.995
2015 -0.568
  2014 -1
  2013 -0.981
  2012 -0.297
  2011 -1.089
  2010 -1.376
  2009 -2.287
  2008 -1.675
  2007 -0.117
  2006 -2.151
  2005 -2.329
  2004 -1.677
  2003 -2.264
  2002 -2.737
  2001 -3.663
  2000 -2.121
  1999 -2.469
  1998 -3.564
  1997 -1.258
  1996 -0.974
  1995 -1.188
  1994 -1.621
  1993 -4.318
  1992 -5.96
  1991 -4.855
  1990 -1.716
  1989 -2.37
  1988 -3.743
  1987 -2.259
  1986 -4.022
  1985 -4.982
  1984 -1.947
  1983 -4.764
  1982 -1.665
  1981 -2.504
  1980 -3.859