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The services sector in New Zealand is the most important sector of the economy, accounting for 75% of the country's overall GDP. Within services, the most important segments are: finance, insurance, and business services (accounting for 30%), personal and community services (accounting for 13%), and transportation and communication (accounting for 11%). The industry sector accounts for 17% of GDP. The components of the industry sector are manufacturing (accounting for 13%), and construction (accounting for 4%).  Agriculture, fishing, forestry, and mining account for the remaining 8% of total GDP.

A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.

Category:  GDP Annual Growth Rate
Units: Percent
Details
Impact Medium
Country transparent
Currency NZD
Latest Release
Previous 2.9%
Consensus 16.3%
Actual 17.4%
Next Release
Date Dec 18, 19:45
Time left 88 days

Forex Sentiment (NZD)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
AUDNZD
1.0335
-11 pips
1.0478
-132 pips
1.03455
Symbol Action Percentage Volume Positions
AUDNZD Short 14% 390.62 lots 2064
Long 86% 2410.10 lots 9040
8% of traders are currently trading AUDNZD.
EURNZD
1.6668
-37 pips
1.6840
-135 pips
1.67046
Symbol Action Percentage Volume Positions
EURNZD Short 31% 230.18 lots 1111
Long 69% 523.60 lots 2677
3% of traders are currently trading EURNZD.
NZDCAD
0.8905
-70 pips
0.8994
-19 pips
0.89753
Symbol Action Percentage Volume Positions
NZDCAD Short 88% 1788.79 lots 5637
Long 12% 248.08 lots 1014
5% of traders are currently trading NZDCAD.
NZDJPY
75.5947
-135 pips
77.6170
-68 pips
76.941
Symbol Action Percentage Volume Positions
NZDJPY Short 45% 347.61 lots 1456
Long 55% 420.45 lots 1661
3% of traders are currently trading NZDJPY.
NZDUSD
0.6862
-160 pips
0.7074
-52 pips
0.70221
Symbol Action Percentage Volume Positions
NZDUSD Short 46% 896.82 lots 3773
Long 54% 1052.21 lots 4592
7% of traders are currently trading NZDUSD.
GBPNZD
1.9378
-83 pips
1.9674
-213 pips
1.94611
Symbol Action Percentage Volume Positions
GBPNZD Short 14% 146.54 lots 844
Long 86% 900.01 lots 3402
3% of traders are currently trading GBPNZD.
NZDCHF
0.6427
-86 pips
0.6563
-50 pips
0.65129
Symbol Action Percentage Volume Positions
NZDCHF Short 81% 551.60 lots 2338
Long 19% 131.39 lots 909
3% of traders are currently trading NZDCHF.