New Zealand's Economy is Expected to Achieve 5.7% Real GDP Growth in 2021-22, an Industrial Info Market Brief

New Zealand's Economy is Expected to Achieve 5.7% Real GDP Growth in 2021-22, an Industrial Info Market Brief

New Zealand


Attachment: A

New Zealand's Real Gross Domestic Product (GDP) is expected to decline by 4.3% in 2020-21, but is expected to achieve growth of 5.7% in 2021-22, according to IBISWorld. The main industries in New Zealand (not including the agricultural industry) include log and wood articles, food processing, manufacturing, mining, transportation equipment, construction, aluminum production, and paper products. Prefabricated homes are expected to factor strongly in New Zealand's housing and urban development program.

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