Capacity Utilization in New Zealand decreased to 92.00 percent in the fourth quarter of 2019 from 92.40 percent in the third quarter of 2019. Capacity Utilization in New Zealand averaged 91.14 percent from 2008 until 2019, reaching an all time high of 93.70 percent in the second quarter of 2019 and a record low of 86.33 percent in the first quarter of 2009. source: New Zealand Institute of Economic Research

Capacity Utilization in New Zealand is expected to be 92.60 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 93.00 in 12 months time. In the long-term, the New Zealand Capacity Utilization is projected to trend around 93.00 percent in 2020, according to our econometric models.

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New Zealand Capacity Utilization

Actual Previous Highest Lowest Dates Unit Frequency
92.00 92.40 93.70 86.33 2008 - 2019 percent Quarterly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-04-01 09:00 PM NZIER Capacity Utilization Q1 92.8% 92.8% 93.3%
2019-07-01 10:00 PM NZIER Capacity Utilization Q2 93.7% 92.8% 92.5%
2019-09-30 09:00 PM NZIER Capacity Utilization Q3 92.4% 93.7% 92.6%
2020-01-13 09:00 PM NZIER Capacity Utilization Q4 92% 92.4% 93.3%
2020-04-01 09:00 PM NZIER Capacity Utilization Q1 92% 92.8%


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.

New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -13.20 -26.40 80.90 -76.40 percent [+]
Manufacturing PMI 49.30 51.40 62.80 36.10 points [+]
Industrial Production 0.20 -0.40 17.60 -10.50 percent [+]
Capacity Utilization 92.00 92.40 93.70 86.33 percent [+]
Changes in Inventories 747.00 -375.00 747.00 -1002.00 NZD Million [+]
Car Registrations 5209.00 5334.00 6933.00 810.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 53.30 55.30 60.90 44.70 points [+]
Steel Production 59.30 51.42 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 76.75 77.51 78.09 4.91 Points [+]
Competitiveness Rank 19.00 18.00 25.00 16.00 [+]
Composite Pmi 52.50 54.30 59.50 40.00 points [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 87.00 89.00 96.00 87.00 Points [+]
Corruption Rank 2.00 1.00 4.00 1.00 [+]