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

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.

Industrial Info is tracking 97 capital Industrial Manufacturing projects, worth more than $13 billion, in New Zealand. Click here for a list of projects. Click on the graph below showing the spending by standard industrial classification (SIC) code.