Gross domestic product (GDP): the most common measure for the size of an economy, and it measures the value of total final output of goods and services produced by that economy in a certain period of time.
Data calculation/treatment
Average annual growth (or growth over the year) is calculated by comparing the most recent four quarters to the previous four-quarter period.
At URL provided, navigate to 'Economic indicators', 'National Accounts - SNA 2008 - SNE', 'Series, GDP(P), Rolling annual, Chain volume, Actual, Total, Percentage change (Qrtly-Mar/Jun/Sep/Dec)', and download all variables in CSV.
From the dataset Gross Domestic Product: Series, GDP(P), rolling annual, Chain volume, Actual, Total, Percentage change (Qrtly-Mar/Jun/Sep/Dec) September 2024, this data was extracted:
Rows: 5-154
Column: 2
Provided: 147 data points
Dataset originally released on:
December 19, 2024
Purpose of collection
This quarterly release provides a snapshot of the performance of the economy. GDP is New Zealand's official measure of economic growth.
Method of collection/Data provider
Stats NZ constructs the chain-volume measure of GDP:
(a) compiling a Laspeyres volume index of the component in question, using the previous year's prices as weights; then
(b) chaining the sequence of annual movements to produce a continuous time series.