Asia-Pacific · World Bank + FRED data · updated Sep 28, 2026
New Zealand economy forecast
For 2026 the model expects inflation of 3.7%, GDP growth of 1.8% and unemployment of 5.0% in New Zealand.
Inflation
CPI, annual %
3.7%
2026 forecast
Latest · 2025: 2.8%▲ +0.8 pp
GDP growth
Annual %
1.8%
2026 forecast
Latest · 2025: 0.5%▲ +1.3 pp
Unemployment
% of labor force, ILO modeled
5.0%
2026 forecast
Latest · 2025: 5.1%▼ −0.1 pp
GDP per capita
Current US$
$49,124
2026 forecast
Latest · 2025: $49,591▼ −0.9%
Population
Population, total
5.41M
2026 forecast
Latest · 2025: 5.32M▲ +1.7%
USD/NZD
NZD per 1 USD
1.7186
in 12 months
Last close · Sep 25, 2026: 1.7646▼ −2.6%
New Zealand at a glance, 2026–2028
| Indicator | Latest | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Inflation | 2.8% 2025 | 3.7% | 4.3% | 4.8% |
| GDP growth | 0.5% 2025 | 1.8% | 1.9% | 2.0% |
| Unemployment | 5.1% 2025 | 5.0% | 4.9% | 4.8% |
| GDP per capita | $49,591 2025 | $49,124 | $49,203 | $49,828 |
| Population | 5.32M 2025 | 5.41M | 5.49M | 5.53M |
Medians; each indicator's page shows its 80% range and backtest.
Other countries in Asia-Pacific
All countriesStatistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.