New Zealand - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in New Zealand was 3.94 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 17.15 in 1980 and a minimum value of -0.11 in 1999.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 0.70
1961 1.80
1962 2.68
1963 1.97
1964 3.47
1965 3.40
1966 2.76
1967 6.06
1968 4.31
1969 4.93
1970 6.52
1971 10.39
1972 6.93
1973 8.17
1974 11.11
1975 14.68
1976 16.91
1977 14.38
1978 11.96
1979 13.70
1980 17.15
1981 15.37
1982 16.16
1983 7.34
1984 6.17
1985 15.42
1986 13.21
1987 15.74
1988 6.38
1989 5.72
1990 6.10
1991 2.60
1992 1.01
1993 1.29
1994 1.75
1995 3.75
1996 2.29
1997 1.19
1998 1.27
1999 -0.11
2000 2.62
2001 2.63
2002 2.68
2003 1.75
2004 2.29
2005 3.04
2006 3.37
2007 2.38
2008 3.96
2009 2.12
2010 2.30
2011 4.03
2012 1.06
2013 1.13
2014 1.23
2015 0.29
2016 0.65
2017 1.85
2018 1.60
2019 1.62
2020 1.71
2021 3.94

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in New Zealand was -1.29 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 16.95 in 1986 and a minimum value of -1.29 in 2020.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1978 12.98
1979 14.22
1980 14.90
1981 16.35
1982 12.09
1983 7.73
1984 7.80
1985 13.64
1986 16.95
1987 11.47
1988 7.91
1989 5.64
1990 2.42
1991 0.89
1992 2.00
1993 1.48
1994 1.91
1995 1.43
1996 1.39
1997 1.59
1998 1.11
1999 0.51
2000 2.85
2001 3.81
2002 0.34
2003 2.24
2004 2.82
2005 2.03
2006 2.61
2007 5.34
2008 2.61
2009 2.73
2010 3.07
2011 2.45
2012 -0.14
2013 4.23
2014 0.41
2015 1.46
2016 2.48
2017 3.57
2018 2.04
2019 3.66
2020 -1.29

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in New Zealand was -1.29 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 5.34 in 2007 and -1.29 in 2020.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 2.42
1991 0.89
1992 2.00
1993 1.48
1994 1.91
1995 1.43
1996 1.39
1997 1.59
1998 1.11
1999 0.51
2000 2.85
2001 3.81
2002 0.34
2003 2.24
2004 2.82
2005 2.03
2006 2.61
2007 5.34
2008 2.61
2009 2.73
2010 3.07
2011 2.45
2012 -0.14
2013 4.23
2014 0.41
2015 1.46
2016 2.48
2017 3.57
2018 2.04
2019 3.66
2020 -1.29

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices