Despite the experts’ forecast, the New Zealand economy was not taken down by the earthquake. After the Canterbury earthquake, experts predicted a decline that would require some time to recover. However, the economy proved more solid than expected.

Economists at Westpac and ASB stated that the effect of the earthquake on the financial operation in New Zealand would not be as bad, especially the Gross Domestic Product (GDP) would witness a long lasting prosperity. Nevertheless, the economists added that the negative impact is still there and it might blind the investors from future profits.

In addition, bank economists expressed their worries about the growth of the economy and its ability to maintain a steady rise. But, ASB confirmed that the GDP seems to be positive.

ASB stated, "When the economy is running at full speed and supply is the main constraint on growth, a natural disaster could have a small or even negative impact on GDP”. ASB added that even if the term reported slower rise or fewer operations, the recovery is assured.

All the economists believed that this month would be the worst in terms of damages, but from that point onwards the economy would expand.