New Zealand Business Confidence Growth

2003 - 2023 | Monthly | % Point | CEIC Data

Key information about New Zealand Business Confidence Growth

  • New Zealand Business Confidence dropped by 7.4 % in May 2023, compared with a decrease of 4.0 % YoY in the previous month.
  • New Zealand Business Confidence: YoY Change is updated monthly, available from Aug 2003 to May 2023, with an averaged rate of -0.6 %.
  • The data reached an all-high of 64.2 % in Apr 2021 and a record low of -54.0 % in Apr 2020.

CEIC calculates Business Confidence Change from monthly Performance Manufacturing Index. Business New Zealand provides Performance Manufacturing Index with range from 0 to 100 with neutral point 50. Business Confidence covers Manufacturing sector only.

View New Zealand's Business Confidence Growth from Aug 2003 to May 2023 in the chart:

New Zealand Business Confidence Growth

What was New Zealand's Business Confidence Growth in May 2023?

New Zealand Business Confidence dropped by 7.4 % in May 2023, compared with a decrease of 4.0 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-7.4 May 2023 -4.0 Apr 2023 -54.0 Apr 2020 64.2 Apr 2021 % Point monthly Aug 2003 - May 2023

Business Confidence Growth by Country Comparison

country/region Last Frequency Range
Albania (% Point) -2.8 Jun 2024 quarterly Jun 2017 - Jun 2024
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -2.0 Sep 2024 monthly Jul 2013 - Sep 2024
Austria (% Point) -4.0 Sep 2024 monthly Jan 1986 - Sep 2024
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) 1.5 Aug 2024 monthly Jan 1981 - Aug 2024
Brazil (% Point) 4.4 Sep 2024 monthly Jan 2010 - Sep 2024
Bulgaria (% Point) 0.0 Sep 2024 monthly Jan 1994 - Sep 2024
Canada (% Point) 0.0 Sep 2024 monthly Dec 2001 - Sep 2024
Chile (% Point) 11.2 Sep 2024 monthly Nov 2004 - Sep 2024
China (% Point) -0.8 Sep 2024 monthly Jan 2006 - Sep 2024
Colombia (% Point) -5.1 Aug 2024 monthly Jan 1981 - Aug 2024
Croatia (% Point) 1.1 Sep 2024 monthly May 2009 - Sep 2024
Cyprus (% Point) -12.9 Sep 2024 monthly May 2003 - Sep 2024
Czech Republic (% Point) 10.0 Sep 2024 monthly Mar 1994 - Sep 2024
Denmark (% Point) 16.0 Sep 2024 monthly Jan 1999 - Sep 2024
Ecuador (% Point) 2.4 Aug 2024 monthly Feb 2011 - Aug 2024
Estonia (% Point) 11.0 Sep 2024 monthly May 2002 - Sep 2024
European Union (% Point) -2.2 Sep 2024 monthly Jan 1986 - Sep 2024
Finland (% Point) 9.8 Sep 2024 monthly Jan 1994 - Sep 2024
France (% Point) -0.4 Sep 2024 monthly Jan 1986 - Sep 2024
Georgia (% Point) -13.3 Sep 2024 quarterly Dec 2014 - Sep 2024
Germany (% Point) -6.0 Sep 2024 monthly Jan 1992 - Sep 2024
Ghana (%) 14.4 Aug 2024 monthly Dec 2013 - Aug 2024
Greece (% Point) 9.8 Sep 2024 monthly Jan 1986 - Sep 2024
Hong Kong SAR, China (% Point) -7.0 Sep 2024 quarterly Mar 2009 - Sep 2024
Hungary (% Point) 1.8 Oct 2024 monthly Jan 1997 - Oct 2024
Iceland (% Point) -10.7 Sep 2024 quarterly Dec 2003 - Sep 2024
India (% Point) -15.1 Dec 2024 quarterly Jun 2001 - Dec 2024
Indonesia (% Point) -0.1 Dec 2024 quarterly Mar 2011 - Dec 2024
Israel (% Point) -7.9 Sep 2024 monthly Jan 2016 - Sep 2024
Italy (% Point) -1.5 Sep 2024 monthly Jan 1986 - Sep 2024
Japan (% Point) 4.0 Dec 2024 quarterly Mar 2001 - Dec 2024
Kazakhstan (% Point) 3.0 Mar 2024 quarterly Mar 2009 - Mar 2024
South Korea (% Point) 6.0 Oct 2024 monthly Feb 2004 - Oct 2024
Latvia (% Point) -6.9 May 2023 monthly Apr 1994 - May 2023
Lithuania (% Point) 6.7 Sep 2024 monthly Apr 2004 - Sep 2024
Luxembourg (% Point) 10.7 Sep 2024 monthly Jan 1986 - Sep 2024
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 3.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Malta (% Point) -82.4 Sep 2024 monthly Nov 2003 - Sep 2024
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -4.2 Sep 2024 monthly Jan 2005 - Sep 2024
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) 2.2 Sep 2024 monthly Jan 1986 - Sep 2024
New Zealand (% Point) -7.4 May 2023 monthly Aug 2003 - May 2023
Nigeria (% Point) 13.8 Sep 2024 monthly Jul 2015 - Sep 2024
Norway (% Point) -0.9 Sep 2024 monthly Feb 2005 - Sep 2024
Palestinian Territory (% Point) -19.5 Sep 2024 monthly Apr 2014 - Sep 2024
Peru (% Point) 22.7 Sep 2024 monthly Apr 2003 - Aug 2024
Philippines (% Point) 4.1 Sep 2024 quarterly Jun 2002 - Sep 2024
Poland (% Point) -2.7 May 2023 monthly Jul 2006 - May 2023
Portugal (% Point) 6.0 Sep 2024 monthly Jan 1988 - Sep 2024
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -0.5 Sep 2024 monthly Jul 1992 - Sep 2024
Russia (% Point) 0.0 Sep 2024 monthly Jan 2006 - Sep 2024
Serbia (% Point) 2.7 Sep 2024 monthly May 2014 - Sep 2024
Singapore (% Point) 1.8 Sep 2024 monthly Jan 2000 - Sep 2024
Slovakia (% Point) 8.0 Sep 2024 monthly Jan 1994 - Sep 2024
Slovenia (% Point) 2.9 Sep 2024 monthly May 1996 - Sep 2024
South Africa (% Point) 13.2 Sep 2024 monthly Sep 2000 - Sep 2024
Spain (% Point) 8.1 Sep 2024 monthly Jan 1994 - Sep 2024
Sri Lanka (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Sweden (% Point) 14.2 Sep 2024 monthly Jan 2002 - Sep 2024
Switzerland (% Point) 10.0 Sep 2024 monthly Jan 1996 - Sep 2024
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) -9.4 Sep 2024 monthly Feb 2000 - Sep 2024
Turkey (% Point) -5.9 Sep 2024 monthly Jan 2008 - Sep 2024
Ukraine (% Point) 1.7 Jun 2024 quarterly Sep 2013 - Jun 2024
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) -2.8 Sep 2024 monthly Jan 1949 - Sep 2024
Uruguay (% Point) 1.5 Jun 2024 monthly Oct 1999 - Jun 2024

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New Zealand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.1 Mar 2024 quarterly Dec 1999 - Mar 2024
Consolidated Fiscal Balance (USD mn) -2,917.988 Mar 2024 quarterly Mar 1999 - Mar 2024
Tax Revenue (USD mn) 80,859.209 2024 yearly 1999 - 2024
Tax Revenue: % of GDP (%) 30.8 2023 yearly 1999 - 2023
National Government Debt (USD mn) 101,964.3 Mar 2024 quarterly Dec 2006 - Mar 2024
Government Debt: % of GDP (%) 41.5 Mar 2024 quarterly Dec 2006 - Mar 2024
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: Expenses (NZD mn) 127,018.000 Mar 2024 quarterly Mar 1999 - Mar 2024
General Government: ytd: Revenue (NZD mn) 122,253.000 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) -1,341.2 Aug 2024 monthly Jan 1960 - Aug 2024
Total Exports (USD mn) 3,024.3 Aug 2024 monthly Jan 1957 - Aug 2024
Total Exports Growth (%) -0.1 Aug 2024 monthly Jan 1952 - Aug 2024
Aluminum: Exports (USD th) 796,821.124 2023 yearly 1995 - 2023
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) 4,365.6 Aug 2024 monthly Jan 1960 - Aug 2024
Total Imports Growth (%) -1.0 Aug 2024 monthly Jan 1961 - Aug 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) 438.867 Aug 2024 monthly Jul 1981 - Aug 2024
Total Imports from USA (USD mn) 478.016 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports to China (USD mn) 788.520 Aug 2024 monthly Jul 1981 - Aug 2024
Total Imports from China (USD mn) 846.686 Aug 2024 monthly Jul 1982 - Aug 2024
Term Trade Index (Jun2002=1000) 1,393.000 Jun 2024 quarterly Mar 1957 - Jun 2024
Export Volume Index: Exclude Re Export (Jun2002=1000) 1,584.000 Jun 2024 quarterly Mar 1951 - Jun 2024
Export Volume Index: Exclude Re Export: sa (Jun2002=1000) 1,441.000 Jun 2024 quarterly Jun 1990 - Jun 2024
Import Volume Index (Jun2002=1000) 2,414.000 Jun 2024 quarterly Mar 1949 - Jun 2024
Import Volume Index: sa (Jun2002=1000) 2,572.000 Jun 2024 quarterly Jun 1990 - Jun 2024
Export Value Index (2015=100) 130.280 2021 yearly 1995 - 2021
Import Value Index (2015=100) 136.389 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 132.0 Jun 2024 quarterly Jun 2000 - Jun 2024
Current Account Balance (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Current Account Balance: % of GDP (%) -6.9 Jun 2024 quarterly Jun 1987 - Jun 2024
Foreign Direct Investment (USD mn) 1,401.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Direct Investment: % of GDP (%) 2.2 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,164.482 Jun 2024 quarterly Jun 1995 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 8.2 Jun 2024 quarterly Jun 1995 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 837.7 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,326.737 Jun 2024 quarterly Jun 1995 - Jun 2024
External Debt (USD mn) 226,907.8 Jun 2024 quarterly Mar 1993 - Jun 2024
External Debt: % of GDP (%) 88.0 2023 yearly 1993 - 2023
External Debt: Short Term (USD mn) 78,551.2 Jun 2024 quarterly Jun 2000 - Jun 2024
External Debt: Short Term: % of GDP (%) 29.9 2023 yearly 2000 - 2023
Total Debt: % of GDP (%) 621.4 2021 yearly 2006 - 2021
Forecast: Current Account Balance (USD bn) -12.495 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -125,141.126 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods (NZD mn) -16.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets (NZD mn) 4,089.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Net Errors and Omissions (NZD mn) 1,172.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Services: Debit (NZD mn) 7,711.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account (NZD mn) 3,794.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities (NZD mn) 7,882.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 1,110.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -2,938.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Services: Credit (NZD mn) 6,954.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account (NZD mn) -4,826.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) 218.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) 2,315.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 6,921.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 8,532.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods: Credit (NZD mn) 19,467.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Capital Account: Credit (NZD mn) 49.000 Jun 2024 quarterly Jun 1996 - Jun 2024
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) 2,856.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -856.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods: Debit (NZD mn) 19,483.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Capital Account: Debit (NZD mn) 189.000 Jun 2024 quarterly Mar 1997 - Jun 2024
Balance of Payment: Current Account: Primary Income (NZD mn) -3,770.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: Services (NZD mn) -757.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) 2,843.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Capital Account (NZD mn) -140.000 Jun 2024 quarterly Jun 1996 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -2,108.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,151.000 Jun 2024 quarterly Jun 1971 - Jun 2024
BOP: Current Account: Goods & Services (NZD mn) -774.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 7,920.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa (NZD mn) -7,169.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -2,616.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 17,829.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 20,445.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 7,419.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -501.000 Jun 2024 quarterly Jun 1971 - Jun 2024
IIP: Net (NZD mn) -205,284.000 Jun 2024 quarterly Jun 2000 - Jun 2024
International Investment Position: Liabilities (NZD mn) 591,794.000 Jun 2024 quarterly Jun 2000 - Jun 2024
IIP: Assets (NZD mn) 386,510.000 Jun 2024 quarterly Jun 2000 - Jun 2024
External Debt: Net (NZD mn) -149,667.000 Dec 2018 quarterly Jun 2000 - Dec 2018
Direct Investment Abroad: Stock (NZD mn) 29,490.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: Australia (NZD mn) 14,253.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United Kingdom (NZD mn) 1,090.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United States of America (NZD mn) 8,983.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock (NZD mn) 158,258.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Australia (NZD mn) 84,615.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United Kingdom (NZD mn) 6,388.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United States of America (NZD mn) 9,278.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Netherlands (NZD mn) 3,880.000 2018 yearly 2001 - 2018
Foreign Direct Investment: Stock: Japan (NZD mn) 5,553.000 2018 yearly 2001 - 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.5 Dec 2017 quarterly Mar 1996 - Dec 2017
Household Debt: % of GDP (%) 91.0 Jun 2024 quarterly Dec 1990 - Jun 2024
Money Supply M1 (USD mn) 72,117.571 Aug 2024 monthly Dec 2016 - Aug 2024
Money Supply M2 (USD mn) 259,059.230 Aug 2024 monthly Mar 1988 - Aug 2024
M2 Growth (%) 2.9 Aug 2024 monthly Mar 1989 - Aug 2024
Foreign Exchange Reserves (USD mn) 16,983.9 Aug 2024 monthly Sep 2005 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 5.764 Jun 2024 quarterly Sep 2005 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.8 Aug 2024 monthly Sep 2005 - Aug 2024
Gold Reserves (USD mn) 0.000 Sep 2024 monthly Dec 1950 - Sep 2024
Total Deposits (USD mn) 284,477.278 Aug 2024 monthly Dec 2016 - Aug 2024
Total Deposits Growth (%) 3.5 Aug 2024 monthly Dec 2017 - Aug 2024
Domestic Credit (USD mn) 372,709.2 Aug 2024 monthly Mar 1988 - Aug 2024
Domestic Credit Growth (%) 1.0 Aug 2024 monthly Mar 1989 - Aug 2024
Credit to Households (USD bn) 234.071 Dec 2023 quarterly Dec 1990 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 412.164 Dec 2023 quarterly Mar 1960 - Dec 2023
Household Debt (USD mn) 235,826.5 Aug 2024 monthly Dec 1990 - Aug 2024
Total Loans (USD mn) 353,722.905 Aug 2024 monthly Dec 2016 - Aug 2024
Total Loans Growth (%) 2.78 Aug 2024 monthly Dec 2017 - Aug 2024
Private Debt: % of Nominal GDP (%) 137.41 Jun 2024 quarterly Mar 1988 - Jun 2024
Depository Corp: Money Supply: Broad Money (NZD mn) 415,026.000 Aug 2024 monthly Mar 1988 - Aug 2024
Depository Corp: Domestic Credit (NZD mn) 597,099.000 Aug 2024 monthly Mar 1988 - Aug 2024
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 115,536.000 Aug 2024 monthly Dec 2016 - Aug 2024
Official Reserve Assets (NZD mn) 32,573.438 Aug 2024 monthly Sep 2005 - Aug 2024
Official Reserve Assets: Foreign Currency Reserves (NZD mn) 21,100.345 Aug 2024 monthly Sep 2005 - Aug 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 (%) 64.900 Jun 2024 quarterly Jun 2011 - Jun 2024
House Price Inflation: Net Percent Expecting Higher (%) -47.300 Jun 2024 quarterly Mar 2022 - Jun 2024
Performance Manufacturing Index (NA) 47.800 Sep 2024 monthly Aug 2002 - Sep 2024
Business Outlook Survey: All Industries: Business Confidence Index (Point) 60.900 Sep 2024 monthly Feb 1991 - Sep 2024
Business Outlook Survey: Retail: Business Confidence Index (Point) 75.400 Sep 2024 monthly Feb 1991 - Sep 2024
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) 73.900 Sep 2024 monthly Feb 1991 - Sep 2024
Business Outlook Survey: Construction: Business Confidence Index (Point) 61.000 Sep 2024 monthly Feb 1991 - Sep 2024
Business Outlook Survey: Service: Business Confidence Index (Point) 53.600 Sep 2024 monthly Feb 1991 - Sep 2024

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