Economic snapshot: March 2025 quarter – media release
3 July 2025
Our economic snapshot summarises important economic statistics for the March 2025 quarter.
It uses statistics drawn from key Stats NZ datasets to provide insights into New Zealand’s overall economic performance.
The economy grew in the March 2025 quarter, but contracted over the year.
- New Zealand’s gross domestic product (GDP) rose 0.8 percent in the March 2025 quarter, following a 0.5 percent increase in the December 2024 quarter.
- GDP fell 1.1 percent over the year ended March 2025, compared with the year ended March 2024.
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