close
MENU
Economy Matters
4 mins to read

How significant is NZ’s recession?

ANALYSIS: To answer this question, we need to look at the far less publicised per capita GDP growth figure.  

WATCH: NBR columnist Christoph Schumacher speaks with Jonathan Mitchell.

Our gross domestic product (GDP) shrank by 0.1% during the October-December period, and yes, we are again in a technical recession, but what worries me is that the record net migration figures didn’t prevent our economy from contracting.

During three quarters of 2023, we had a negative quarterly

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Christoph Schumacher Mon, 08 Apr 2024
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
How significant is NZ’s recession?
Economy Matters,
103470
true