New Zealand: quarterly value of building activity 2023

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During the third quarter of 2023, building work in New Zealand was valued at approximately 9.3 billion New Zealand dollars. This was the highest value throughout the four-year quarterly time period, having recovered from a significant drop in 2020.

Quarterly value of building work in New Zealand from first quarter 2019 to third quarter 2023 (in million New Zealand dollars)

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Release date

December 2023

More information

Region

New Zealand

Survey time period

Q1 2019 to Q3 2023

Supplementary notes

*Values are provisional.

One New Zealand dollar is equal to approximately 0.62 U.S. dollars and 0.57 euros (as of January 2024).

Source: Stats NZ and licensed by Stats NZ for re-use under the Creative Commons Attribution 4.0 International license.

Values exclude goods and services tax (GST) and consents below $5,000. Except for new dwellings, values include new buildings plus alterations and additions to existing buildings.

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