FX.co ★ New Zealand GDP Growth Edges Up to 1.5% in Q1 2026 Year-on-Year

New Zealand’s economy showed a modest acceleration at the start of 2026, with gross domestic product expanding by 1.5% year-on-year in the first quarter. The latest reading, updated on 17 June 2026, marks a slight improvement from the 1.3% growth recorded in the fourth quarter of 2025.

Both figures are based on year-on-year comparisons, measuring each quarter’s performance against the same period a year earlier. The uptick from Q4 2025 to Q1 2026 suggests a marginal strengthening in underlying economic activity, indicating that New Zealand has managed to maintain a steady growth trajectory heading into 2026. Investors and policymakers will now watch upcoming quarters closely to see whether this incremental momentum can be sustained or built upon.