New Zealand Recession 2024 Predictions. New zealand’s economy exited recession with modest expansion in the first quarter. New zealand’s gross domestic product (gdp) rose 0.2% in the march 2024 quarter, according to figures released by stats nz today.

The un report forecasts nz will end 2024 with inflation at 3.4%, then drop to 2.6% in 2025. Gross domestic product (gdp) fell by 0.1 percent in the december.