New Zealand Retail Sales Growth
1996 - 2023 | Quarterly | % | CEIC Data
Key information about New Zealand Retail Sales Growth
- New Zealand Retail Sales grew 0.3 % YoY in Dec 2023, compared with a 1.8 % increase in the previous quarter.
- New Zealand Retail Sales Growth YoY data is updated quarterly, available from Sep 1996 to Dec 2023, with an average growth rate of 4.5 %.
- The data reached an all-time high of 33.5 % in Jun 2021 and a record low of -14.7 % in Jun 2020.
- In the latest reports, Car Sales of New Zealand recorded 149,260.0 units in Dec 2023, representing a drop of 9.5 %.
CEIC calculates quarterly Retail Sales: Excl. Motor Vehicles Growth from quarterly Retail Sales. Motor Vehicles and Parts Sales are subtracted from Total Retail Sales. Statistics New Zealand provides Retail Sales in local currency. Retail Sales include Food and Beverage Services.
View New Zealand's Retail Sales Growth from Sep 1996 to Dec 2023 in the chart:
What was New Zealand's Retail Sales Growth in Dec 2023?
New Zealand Retail Sales grew 0.3 % YoY in Dec 2023, compared with a 1.8 % increase in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.3 Dec 2023 | 1.8 Sep 2023 | -14.7 Jun 2020 | 33.5 Jun 2021 | % | quarterly | Sep 1996 - Dec 2023 |
Retail Sales Growth by Country Comparison
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Includes Retail Sales Growth on 76 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| Argentina (%) | -11.4 Feb 2024 | monthly | Jan 2018 - Feb 2024 |
| Armenia (%) | 6.6 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | -4.7 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Azerbaijan (%) | 2.7 Mar 2024 | monthly | Dec 2007 - Mar 2024 |
| Belarus (%) | 14.0 Mar 2024 | monthly | Oct 2008 - Mar 2024 |
| Belgium (%) | -5.3 Mar 2024 | monthly | Jan 2007 - Mar 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 4.3 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 4.3 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 0.7 Feb 2024 | monthly | Jan 2014 - Feb 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 5.2 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Czech Republic (%) | 6.1 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Denmark (%) | 0.4 May 2023 | monthly | Jan 2001 - May 2023 |
| Egypt (%) | 1.4 2020 | yearly | 1996 - 2020 |
| Estonia (%) | 0.3 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | 1.6 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Finland (%) | -1.6 Nov 2023 | monthly | Jan 1996 - Nov 2023 |
| France (%) | 1.1 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| Georgia (%) | 4.3 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | -12.4 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 0.8 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Iceland (%) | 8.6 Feb 2024 | monthly | Feb 2002 - Feb 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.3 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Israel (%) | 3.0 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Italy (%) | 0.1 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Japan (%) | 5.2 Apr 2023 | monthly | Oct 1992 - Apr 2023 |
| Kazakhstan (%) | 5.4 May 2023 | monthly | Jan 2006 - May 2023 |
| South Korea (%) | -0.7 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Kyrgyzstan (%) | 10.7 2022 | yearly | 1990 - 2022 |
| Latvia (%) | 2.9 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Lithuania (%) | 3.8 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Luxembourg (%) | 7.0 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Macau SAR, China (%) | 40.2 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| North Macedonia (%) | -0.4 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Malaysia (%) | 12.9 Apr 2023 | monthly | Jan 2014 - Apr 2023 |
| Malta (%) | 0.6 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Mexico (%) | 4.6 Apr 2023 | monthly | Jan 2002 - Apr 2023 |
| Moldova (%) | 16.2 Feb 2024 | monthly | Jan 2011 - Feb 2024 |
| Mongolia (%) | 14.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Montenegro (%) | 8.5 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Netherlands (%) | -4.2 May 2023 | monthly | Jan 2001 - May 2023 |
| New Zealand (%) | 0.3 Dec 2023 | quarterly | Sep 1996 - Dec 2023 |
| Norway (%) | 0.5 Mar 2024 | monthly | Jan 1980 - Mar 2024 |
| Palestinian Territory (%) | -0.2 2018 | yearly | 2011 - 2018 |
| Peru (%) | 6.1 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
| Poland (%) | -1.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Portugal (%) | 3.1 May 2023 | monthly | Jan 2001 - May 2023 |
| Qatar (%) | 6.9 2021 | yearly | 1987 - 2021 |
| Romania (%) | 4.2 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Russia (%) | 11.1 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | 0.9 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| Slovakia (%) | 5.3 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Slovenia (%) | -0.7 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| South Africa (%) | -1.3 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Spain (%) | 3.1 Dec 2023 | monthly | Jan 2001 - Dec 2023 |
| Sweden (%) | -3.9 May 2023 | monthly | Jan 1991 - May 2023 |
| Switzerland (%) | -3.4 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Taiwan (%) | 1.7 Feb 2022 | monthly | Jan 2000 - Feb 2022 |
| Thailand (%) | 0.5 Mar 2023 | monthly | Jan 1996 - Mar 2023 |
| Turkey (%) | 11.2 Dec 2023 | monthly | Jan 2011 - Dec 2023 |
| Ukraine (%) | -3.1 Dec 2022 | monthly | Jan 2008 - Dec 2022 |
| United Kingdom (%) | -2.1 May 2023 | monthly | Jan 1997 - May 2023 |
| United States (%) | 1.0 May 2023 | monthly | Jan 1993 - May 2023 |
| Uzbekistan (%) | -4.0 Apr 2023 | monthly | Jan 2019 - Apr 2023 |
| Venezuela (%) | -53.5 Jan 2019 | monthly | Jan 2005 - Jan 2019 |
| Vietnam (%) | 7.1 Apr 2024 | monthly | Sep 2004 - Apr 2024 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.6 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -2,917.988 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Tax Revenue (USD mn) | 78,682.575 2023 | yearly | 1999 - 2023 |
| Tax Revenue: % of GDP (%) | 31.5 2023 | yearly | 1999 - 2023 |
| National Government Debt (USD mn) | 101,964.3 Mar 2024 | quarterly | Dec 2006 - Mar 2024 |
| Government Debt: % of GDP (%) | 38.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Forecast: Government Expenditure (NZD bn) | 202.357 2029 | yearly | 1985 - 2029 |
| Forecast: Government Net Debt (NZD bn) | 240.233 2028 | yearly | 1985 - 2028 |
| Forecast: Government Revenue (NZD bn) | 198.840 2028 | yearly | 1985 - 2028 |
| General Government: ytd: Revenue (NZD mn) | 122,253.000 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| General Government: ytd: Expenses (NZD mn) | 127,018.000 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| General Government: ytd: Borrowings (NZD mn) | 250,825.000 Mar 2024 | quarterly | Jun 2002 - Mar 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.748 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 357.3 Mar 2024 | monthly | Jan 1960 - Mar 2024 |
| Total Exports (USD mn) | 3,950.9 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
| Total Exports Growth (%) | 3.8 Mar 2024 | monthly | Jan 1952 - Mar 2024 |
| Aluminum: Exports (USD th) | 899,348.562 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 148,665.511 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 256,958.049 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 3,593.6 Mar 2024 | monthly | Jan 1960 - Mar 2024 |
| Total Imports Growth (%) | -24.8 Mar 2024 | monthly | Jan 1961 - Mar 2024 |
| Imports: Medicament (USD th) | 974,970.031 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 727,040.199 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 505.882 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Total Imports from USA (USD mn) | 305.443 Mar 2024 | monthly | Jan 1981 - Mar 2024 |
| Total Exports to China (USD mn) | 942.917 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Total Imports from China (USD mn) | 804.018 Mar 2024 | monthly | Jul 1982 - Mar 2024 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 3,855.656 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 711.141 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 307.459 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 412.955 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 154.424 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Exports: fob: Australia (NZD mn) | 779.509 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: fob: Japan (NZD mn) | 299.028 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Exports: fob: China (NZD mn) | 1,702.174 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Exports: fob: United Kingdom (NZD mn) | 163.162 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Exports: fob: United States (NZD mn) | 831.906 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Exports: fob: Australia: sa (NZD mn) | 758.432 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Exports: fob: China: sa (NZD mn) | 1,550.596 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,475.000 Dec 2023 | quarterly | Mar 1951 - Dec 2023 |
| Import Volume Index: sa (Jun2002=1000) | 2,434.000 Dec 2023 | quarterly | Jun 1990 - Dec 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 91.5 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Money Supply M1 (USD mn) | 70,687.312 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
| Money Supply M2 (USD mn) | 246,307.575 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
| M2 Growth (%) | 4.0 Mar 2024 | monthly | Mar 1989 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 12,882.1 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.716 Dec 2023 | quarterly | Sep 2005 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.6 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Dec 1950 - Mar 2024 |
| Total Deposits (USD mn) | 269,474.870 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
| Total Deposits Growth (%) | 3.9 Mar 2024 | monthly | Dec 2017 - Mar 2024 |
| Domestic Credit (USD mn) | 356,892.3 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
| Domestic Credit Growth (%) | 1.7 Mar 2024 | monthly | Mar 1989 - Mar 2024 |
| Credit to Households (USD bn) | 221.186 Sep 2023 | quarterly | Dec 1990 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 388.325 Sep 2023 | quarterly | Mar 1960 - Sep 2023 |
| Household Debt (USD mn) | 223,397.1 Mar 2024 | monthly | Dec 1990 - Mar 2024 |
| Total Loans (USD mn) | 335,625.233 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
| Total Loans Growth (%) | 2.74 Mar 2024 | monthly | Dec 2017 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 138.64 Dec 2023 | quarterly | Mar 1988 - Dec 2023 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 118,068.000 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
| Depository Corp: Domestic Credit (NZD mn) | 596,112.000 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 411,404.000 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 17,259.191 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
| Official Reserve Assets (NZD mn) | 27,116.973 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| House Price Inflation: Net Percent Expecting (%) | 57.800 Mar 2024 | quarterly | Jun 2011 - Mar 2024 |
| House Price Inflation: Net Percent Expecting Higher (%) | -51.200 Mar 2024 | quarterly | Mar 2022 - Mar 2024 |
| Performance Manufacturing Index (NA) | 46.400 Mar 2024 | monthly | Aug 2002 - Mar 2024 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 11.900 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 17.200 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 18.600 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 15.000 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 14.900 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
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