New Zealand GDP q/q - ForexCracked
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New Zealand · Gdp

New Zealand GDP q/q NZD

High impact Updated after every release
Next release Wed, Sep 16 22:45 UTC · consensus 0.1% · previous 0.8%  

What this release is

New Zealand Gross Domestic Product, or GDP, measures the total value of all goods and services produced within the country over a three-month period. This economic health indicator is published by Statistics New Zealand. It provides a comprehensive overview of the nation’s economic activity.

Forex traders closely monitor New Zealand GDP data because it offers insights into the overall strength and growth trajectory of the New Zealand economy. Stronger economic growth, as indicated by higher GDP figures, can influence the Reserve Bank of New Zealand’s monetary policy decisions. The central bank considers economic performance when setting interest rates, which in turn affects the attractiveness of the New Zealand Dollar for investors. After past releases, market participants have adjusted their expectations for future interest rate changes.

The market generally focuses on the headline quarter-on-quarter percentage change in GDP. Significant deviations from analyst expectations often lead to immediate market reactions. Revisions to prior period data are also scrutinized, as they can alter the perceived underlying trend of economic expansion or contraction. The release typically occurs several weeks after the quarter ends, providing a retrospective view of economic performance.

How hard it hits, measured

40 releases · own feed
Typical NZDUSD move
11pips / 1h
Median absolute move in the hour after the release
Big-release move
17pips / 1h
Top-quarter releases move at least this much
Largest measured
39pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
NZDUSD10p8.6p11p17p
AUDNZD15p19p15p32p
EURNZD22p29p21p55p
GBPNZD31p36p26p60p
NZDCAD17p18p15p25p
NZDCHF11p11p11p18p
NZDJPY12p13p9.3p25p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus NZDUSD closed the hour higher in 8 of 15 cases · median +1.7p n=15 live
Miss below consensus NZDUSD closed the hour lower in 7 of 13 cases · median -2.0p n=13 live
In line within the surprise band Accumulating. Shows after 8 live-captured releases n=1 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toNZDUSD 1h
Jun 17, 20260.8%0%0.2%0.5%+3.0p—
Mar 18, 20260.2%0%1.1%0.9%-15p—
Dec 17, 20251.1%0%-0.9%-1%-5.5p—
Sep 17, 2025-0.9%0%0.8%0.9%-28p—
Jun 18, 20250.8%0.2%0.7%0.5%-1.9p—
Mar 19, 20250.7%-0.2%-1%-1.1%+13p—
Dec 18, 2024-1%0%-0.2%-1.1%——
Sep 18, 2024-0.2%0.1%0.2%0.1%-9.8p—
Jun 19, 20240.2%0.2%-0.1%—+10p—
Mar 20, 2024-0.1%0.2%-0.3%—+16p—
Dec 13, 2023-0.3%1%0.9%0.5%——
Sep 20, 20230.9%-1.6%-0.1%0%-22p—
Jun 14, 2023-0.1%-0.2%-0.6%-0.7%-20p—
Mar 15, 2023-0.6%0.8%2%1.7%-15p—
Dec 14, 20222%-1.9%1.7%1.9%-3.6p—
Sep 14, 20221.7%2.7%-0.2%—+4.5p—
Jun 15, 2022-0.2%-4.2%3%—+3.1p—
Mar 16, 20223%4.6%-3.7%-3.6%+5.5p—
Dec 15, 2021-3.7%2.7%2.8%2.4%-2.0p—
Sep 15, 20212.8%-5.6%1.6%1.4%+4.6p—
Jun 16, 20211.6%0.1%-1%—+13p—
Mar 17, 2021-1%14.4%14%13.9%+8.9p—
Dec 16, 202014%-12.6%-12.2%-11%+6.2p—
Sep 16, 2020-12.2%-1.2%-1.6%-1.4%-6.8p—

Showing the latest 24 of 40 tracked releases.

Reaction = NZDUSD move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
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