Gross domestic product (GDP) rose by 2.0 percent in the September 2022 quarter, following a revised 1.9 percent rise in the June 2022 quarter, Stats NZ said today.
| Quarter | Quarterly growth (%) |
| Mar-91 | -2.4 |
| Jun-91 | -0.7 |
| Sep-91 | 0.3 |
| Dec-91 | 0.6 |
| Mar-92 | 0.3 |
| Jun-92 | 0 |
| Sep-92 | -0.8 |
| Dec-92 | 1.3 |
| Mar-93 | 1.6 |
| Jun-93 | 2.2 |
| Sep-93 | 2 |
| Dec-93 | 0.9 |
| Mar-94 | 1.5 |
| Jun-94 | 0.7 |
| Sep-94 | 1.7 |
| Dec-94 | 1.3 |
| Mar-95 | 1.2 |
| Jun-95 | 1.3 |
| Sep-95 | 0.9 |
| Dec-95 | 0.7 |
| Mar-96 | 1.4 |
| Jun-96 | 0.9 |
| Sep-96 | 0.7 |
| Dec-96 | 1.3 |
| Mar-97 | -0.4 |
| Jun-97 | 2 |
| Sep-97 | -0.2 |
| Dec-97 | -0.2 |
| Mar-98 | -0.5 |
| Jun-98 | 0.5 |
| Sep-98 | 0.1 |
| Dec-98 | 1 |
| Mar-99 | 1.2 |
| Jun-99 | 0.8 |
| Sep-99 | 2.8 |
| Dec-99 | 1.2 |
| Mar-00 | 1.5 |
| Jun-00 | 0 |
| Sep-00 | 0.4 |
| Dec-00 | 0.2 |
| Mar-01 | 0.3 |
| Jun-01 | 1.4 |
| Sep-01 | 0.7 |
| Dec-01 | 1.5 |
| Mar-02 | 0.9 |
| Jun-02 | 1.3 |
| Sep-02 | 1.2 |
| Dec-02 | 1.4 |
| Mar-03 | 0.6 |
| Jun-03 | 0.5 |
| Sep-03 | 2.1 |
| Dec-03 | 1.3 |
| Mar-04 | 1.7 |
| Jun-04 | 0.9 |
| Sep-04 | 0.3 |
| Dec-04 | 0.4 |
| Mar-05 | 1.2 |
| Jun-05 | 1.6 |
| Sep-05 | 0.5 |
| Dec-05 | -0.4 |
| Mar-06 | 1.6 |
| Jun-06 | 0.4 |
| Sep-06 | 0.6 |
| Dec-06 | 0.9 |
| Mar-07 | 1.3 |
| Jun-07 | 0.9 |
| Sep-07 | 0.8 |
| Dec-07 | 0.2 |
| Mar-08 | -0.5 |
| Jun-08 | -0.3 |
| Sep-08 | -0.4 |
| Dec-08 | -0.7 |
| Mar-09 | -0.9 |
| Jun-09 | -0.1 |
| Sep-09 | 0.5 |
| Dec-09 | 1.2 |
| Mar-10 | 0.3 |
| Jun-10 | 0.7 |
| Sep-10 | -0.2 |
| Dec-10 | -0.5 |
| Mar-11 | 1.1 |
| Jun-11 | 0.5 |
| Sep-11 | 1 |
| Dec-11 | 0.6 |
| Mar-12 | 0.6 |
| Jun-12 | 0.4 |
| Sep-12 | 0.2 |
| Dec-12 | 1.4 |
| Mar-13 | -0.2 |
| Jun-13 | 1.2 |
| Sep-13 | 0.6 |
| Dec-13 | 0.3 |
| Mar-14 | 1.6 |
| Jun-14 | 0.4 |
| Sep-14 | 1.3 |
| Dec-14 | 1.6 |
| Mar-15 | 0.3 |
| Jun-15 | 0.8 |
| Sep-15 | 1 |
| Dec-15 | 1 |
| Mar-16 | 1.2 |
| Jun-16 | 1 |
| Sep-16 | 0.9 |
| Dec-16 | 0.4 |
| Mar-17 | 1 |
| Jun-17 | 1 |
| Sep-17 | 0.9 |
| Dec-17 | 0.9 |
| Mar-18 | 0.8 |
| Jun-18 | 1.3 |
| Sep-18 | 0.2 |
| Dec-18 | 1.3 |
| Mar-19 | 0.6 |
| Jun-19 | 0.6 |
| Sep-19 | 0.9 |
| Dec-19 | 0.5 |
| Mar-20 | -1.1 |
| Jun-20 | -10.1 |
| Sep-20 | 14.1 |
| Dec-20 | -0.6 |
| Mar-21 | 2.1 |
| Jun-21 | 2.4 |
| Sep-21 | -3.9 |
| Dec-21 | 2.9 |
| Mar-22 | -0.4 |
| Jun-22 | 1.9 |
| Sep-22 | 2 |
| Quarter | Annual growth (%) |
| Mar-91 | 0.2 |
| Jun-91 | 0.3 |
| Sep-91 | -0.3 |
| Dec-91 | -1.3 |
| Mar-92 | -1.1 |
| Jun-92 | -0.5 |
| Sep-92 | -0.1 |
| Dec-92 | 0.7 |
| Mar-93 | 1.1 |
| Jun-93 | 1.9 |
| Sep-93 | 3.6 |
| Dec-93 | 5.2 |
| Mar-94 | 6.4 |
| Jun-94 | 6.6 |
| Sep-94 | 6 |
| Dec-94 | 5.6 |
| Mar-95 | 5.1 |
| Jun-95 | 5.2 |
| Sep-95 | 5.2 |
| Dec-95 | 4.9 |
| Mar-96 | 4.7 |
| Jun-96 | 4.3 |
| Sep-96 | 4 |
| Dec-96 | 4.1 |
| Mar-97 | 3.6 |
| Jun-97 | 3.5 |
| Sep-97 | 3.3 |
| Dec-97 | 2.5 |
| Mar-98 | 2.1 |
| Jun-98 | 1.1 |
| Sep-98 | 0.4 |
| Dec-98 | 0.4 |
| Mar-99 | 0.9 |
| Jun-99 | 1.7 |
| Sep-99 | 3.2 |
| Dec-99 | 4.5 |
| Mar-00 | 5.4 |
| Jun-00 | 6 |
| Sep-00 | 5.3 |
| Dec-00 | 4.2 |
| Mar-01 | 2.9 |
| Jun-01 | 2.1 |
| Sep-01 | 2 |
| Dec-01 | 2.5 |
| Mar-02 | 3.4 |
| Jun-02 | 4 |
| Sep-02 | 4.5 |
| Dec-02 | 4.7 |
| Mar-03 | 4.7 |
| Jun-03 | 4.5 |
| Sep-03 | 4.5 |
| Dec-03 | 4.4 |
| Mar-04 | 4.7 |
| Jun-04 | 5.3 |
| Sep-04 | 5.2 |
| Dec-04 | 4.8 |
| Mar-05 | 4.1 |
| Jun-05 | 3.4 |
| Sep-05 | 3.3 |
| Dec-05 | 3.2 |
| Mar-06 | 3.4 |
| Jun-06 | 3 |
| Sep-06 | 2.6 |
| Dec-06 | 2.8 |
| Mar-07 | 2.8 |
| Jun-07 | 3.2 |
| Sep-07 | 3.6 |
| Dec-07 | 3.5 |
| Mar-08 | 3.1 |
| Jun-08 | 2.2 |
| Sep-08 | 1 |
| Dec-08 | -0.3 |
| Mar-09 | -1.2 |
| Jun-09 | -1.8 |
| Sep-09 | -1.8 |
| Dec-09 | -1.2 |
| Mar-10 | -0.1 |
| Jun-10 | 1.1 |
| Sep-10 | 1.9 |
| Dec-10 | 1.7 |
| Mar-11 | 1.5 |
| Jun-11 | 1 |
| Sep-11 | 1 |
| Dec-11 | 1.8 |
| Mar-12 | 2.2 |
| Jun-12 | 2.7 |
| Sep-12 | 2.6 |
| Dec-12 | 2.5 |
| Mar-13 | 2.3 |
| Jun-13 | 2.3 |
| Sep-13 | 2.6 |
| Dec-13 | 2.3 |
| Mar-14 | 2.8 |
| Jun-14 | 2.8 |
| Sep-14 | 3 |
| Dec-14 | 3.8 |
| Mar-15 | 3.8 |
| Jun-15 | 4.1 |
| Sep-15 | 4.1 |
| Dec-15 | 3.7 |
| Mar-16 | 3.7 |
| Jun-16 | 3.8 |
| Sep-16 | 3.9 |
| Dec-16 | 4 |
| Mar-17 | 3.8 |
| Jun-17 | 3.6 |
| Sep-17 | 3.4 |
| Dec-17 | 3.5 |
| Mar-18 | 3.5 |
| Jun-18 | 3.7 |
| Sep-18 | 3.6 |
| Dec-18 | 3.6 |
| Mar-19 | 3.5 |
| Jun-19 | 3.2 |
| Sep-19 | 3.3 |
| Dec-19 | 3.1 |
| Mar-20 | 2.4 |
| Jun-20 | -0.7 |
| Sep-20 | -1 |
| Dec-20 | -1.4 |
| Mar-21 | -0.7 |
| Jun-21 | 6 |
| Sep-21 | 5.4 |
| Dec-21 | 6.1 |
| Mar-22 | 5.2 |
| Jun-22 | 1.1 |
| Sep-22 | 2.7 |
This rise was driven primarily by the services industries, up 2.0 percent.
The transport, postal, and warehousing industry was the biggest contributor to growth, up 9.7 percent.
“With borders opening to all visitors in the September 2022 quarter, we have seen more spending on both international and domestic air travel,” national accounts industry and production senior manager Ruvani Ratnayake said.
“The business services industry also contributed to the result, driven by computer system services, recruitment services, and travel agency and tour arrangement services.”
Restructuring within the health care sector during the quarter saw some activity reallocated from the government administration industry to the health care industry.
Goods-producing industries rose 2.4 percent driven by construction, up 5.1 percent.
The rise in construction was mirrored by increases in residential building, non-residential building, and infrastructure investment. Expenditure on transport equipment and plant, machinery, and equipment also rose in the quarter.
Investment and exports were the leading contributors to a 2.0 percent increase in the expenditure measure of gross domestic product.
Exports of goods and services rose 7.8 percent, driven by higher exports of dairy products, travel services, and meat products.
Somewhat offsetting these increases were falls in central government expenditure and household consumption.
