Capacity Utilization in New Zealand decreased to 93.30 percent in the first quarter of 2021 from 95.10 percent in the fourth quarter of 2020. source: New Zealand Institute of Economic Research

Capacity Utilization in New Zealand averaged 91.33 percent from 2008 until 2021, reaching an all time high of 95.10 percent in the fourth quarter of 2020 and a record low of 86.33 percent in the first quarter of 2009. This page provides the latest reported value for - New Zealand Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Capacity Utilization - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Capacity Utilization in New Zealand is expected to be 93.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in New Zealand to stand at 93.80 in 12 months time. In the long-term, the New Zealand Capacity Utilization is projected to trend around 93.60 percent in 2022, according to our econometric models.

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New Zealand Capacity Utilization

Actual Previous Highest Lowest Dates Unit Frequency
93.30 95.10 95.10 86.33 2008 - 2021 percent Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-06 10:05 PM Q2 92.8% 92.1% 90%
2020-10-19 09:00 PM Q3 92.6% 92.8% 93%
2021-01-18 09:00 PM Q4 95.1% 92.6% 92.7%
2021-04-12 10:00 PM Q1 93.3% 95.1% 94.5%
2021-07-06 10:05 PM Q2 93.3%
2021-10-19 09:00 PM Q3

New Zealand Business Last Previous Highest Lowest Unit
Business Confidence 7.00 -2.00 80.90 -76.40 percent [+]
Manufacturing PMI 63.60 54.21 63.60 26.25 points [+]
Industrial Production 2.00 3.10 17.60 -12.10 percent [+]
Capacity Utilization 93.30 95.10 95.10 86.33 percent [+]
Changes in Inventories -185.00 -60.00 744.00 -1129.00 NZD Million [+]
Car Registrations 5914.00 4234.00 6933.00 419.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Steel Production 59.47 42.27 89.00 30.94 Thousand Tonnes [+]
Services PMI 52.40 49.70 60.80 26.80 points [+]
Corruption Index 88.00 87.00 96.00 87.00 Points [+]
Corruption Rank 1.00 1.00 4.00 1.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Bankruptcies 37.00 28.00 341.00 28.00 Individuals [+]
Competitiveness Index 76.75 77.51 78.09 4.91 Points [+]
Competitiveness Rank 19.00 18.00 25.00 16.00 [+]
Composite PMI 58.00 52.10 59.50 24.80 points [+]


New Zealand Capacity Utilization
In New Zealand, Capacity Utilization is the difference between the potential and actual use of an input. Capacity utilization is high when actual output is close to potential output because the most use is being made of labor and capital.