New Zealand

New ZealandGDP deflator

NZ desk: New Zealand first; Australia, United States, United Kingdom, euro area, Korea and Taiwan alongside.

3.62%

−0.78 pp

As of 2025 | annual %

Mean
5.51%
Median
3.30%
Min
-2.40% 1966
Max
21.49% 1976
YearValue
20253.62%
20244.40%
20234.11%
20226.24%
20214.56%
20201.95%
20193.30%
20181.87%
20173.65%
20162.43%
20151.42%
20140.45%
20134.20%
2012-0.13%
20112.41%
20103.15%
20092.64%
20082.75%
20075.30%
20062.71%
20052.00%
20042.76%
20032.07%
20020.30%
#CountryGDP deflatorChangeYear
90United Kingdom3.69%−0.24 pp202595New Zealand3.62%−0.78 pp2025114Euro area3.15%−0.24 pp2025116Korea, Rep.3.13%−0.94 pp2025129United States2.80%+0.32 pp2025146Australia2.31%−0.28 pp2025201Singapore-1.80%−7.66 pp2025

What the GDP deflator is

The GDP deflator (NY.GDP.DEFL.KD.ZG) is the annual percentage change in the price of all goods and services produced in the economy — a broad inflation measure tied to GDP, not a consumer basket. Latest: 3.62% in 2025.

It can diverge from a consumer price index when export or investment prices move differently from household prices. From 1961 to 2025 (65 years): mean 5.51%, median 3.30%; low -2.40% (1966), high 21.49% (1976).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).