GDP deflator in New Zealand stood at 125.1 in 2025, according to World Bank. The latest value is up 3.6% from 120.7 in 2024. Ten years earlier, in 2015, the value was 87.79 (up 43% since). The latest value is the highest since 1960; the lowest was 4.131 in 1960. New Zealand ranked 121st highest of the 186 countries in this dataset in 2025; Sudan ranked first.
Data source: World Bank · Unit: index · Category: Macroeconomics · Explore more indicators on EconDash
GDP deflator, measured in index, tracks changes in the price level of goods and services in New Zealand. It serves as a primary gauge of purchasing power and cost of living, directly affecting consumer budgets, wage negotiations, and central bank interest rate decisions. Economists distinguish between "headline" inflation (all items) and "core" inflation (excluding volatile food and energy prices) to better understand underlying price trends. In New Zealand, this metric is calculated by statistical agencies through regular surveys of thousands of retail prices across urban and rural areas. The resulting index allows comparisons over time: a value of 120 compared to a base of 100 means prices have risen 20% since the base period. Policymakers typically target a modest positive inflation rate (often around 2%) rather than zero, believing this encourages spending and investment while providing a buffer against deflation.
GDP deflator in New Zealand stood at 125.1 in 2025, according to World Bank.
The latest value is up 3.6% from 120.7 in 2024. Ten years earlier, in 2015, the value was 87.79 (up 43% since).
New Zealand ranked 121st highest of the 186 countries in this dataset in 2025; Sudan ranked first.
The latest value is the highest since 1960; the lowest was 4.131 in 1960.
| Indicator | GDP deflator |
|---|---|
| Country | New Zealand |
| Category | Macroeconomics |
| Unit | index |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). GDP deflator — New Zealand [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-deflator/NZL. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS
World Bank. "GDP deflator — New Zealand." EconDash, 2026, https://econdash.org/chart/gdp-deflator/NZL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS.
World Bank. 2026. "GDP deflator — New Zealand." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-deflator/NZL. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS.
@misc{econdash_gdp_deflator_nzl,
author = {{World Bank}},
title = {{GDP deflator --- New Zealand}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/gdp-deflator/NZL},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS}
}Browse indicators available for New Zealand. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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