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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand GDP Per Capita (Current US$) climbed to 49,205.18 USD in December 2024
World BankYearlyReleased December 2024
New Zealand GDP Per Capita (Current US$) climbed to 49,205.18 USD in December 2024, up 129.22 USD from November's 49,075.96 USD reading.
Latest Release
49205.179215
Actual
—
Consensus
49075.956283
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Bullish NZD | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Bullish NZD | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Bearish AUD | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Bullish NZD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Per Capita (Current US$) (New Zealand) was reported at 49,205.18 USD in December 2024. The reading rose from the previous value of 49,075.96 USD. This is classified as a medium-impact indicator released on a yearly basis.
WHY IT MATTERS
The trailing three releases averaged 49,126.95 USD, up from the prior three at 44,934.68 USD.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with NZD/USD (Bullish NZD). A secondary relationship exists with NZD/JPY, positively correlated (Bullish NZD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include RBNZ Interest Rate Decision (May 27) and Monetary Policy Statement (May 27).
Auto-generated from current model state · Refreshes on each release · Last update December 2024.
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GDP Per Capita (Current US$) - NZ
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About GDP Per Capita (Current US$) — New Zealand
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with NZD/USD (Bullish NZD, r=0.55) — a useful reference for forex-focused traders.