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International economic growth

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year on year - s.a.
year on year - s.a.
year on year - s.a.
year on year - s.a.
year on year - s.a.
year on year - s.a.

Each country, including New Zealand, have a long history of producing and reporting their economic growth data. Over time, the definitions used have varied between countries, and the IMF has set down some core standards allowing proper comparatives. Statistics NZ produces revised figures on that international basis, and that is what this chart series show.

But be careful about comparing similar time periods - because this work is done after that main work is published, there can be a range of delays depending on the economy being compared.

Not everyone thinks GDP is all it is cracked up to be as a way to compare economies. In fact, the OECD has a 'Better Life Index' where you can set your own weightings for 11 key topics and then compare the member economies represented by the OECD. You can find that here>>