IMF...................................................WB...................................................CIA
rank/measure..................................rank/measure....................................rank/measure
26/30,390..................................23/30,599........................................27/30,999
New Zealand has a market economy that depends greatly on international trade, mainly with Australia, the European Union, the United States, China, South Korea and Japan. It has only small manufacturing and high-tech sectors, being strongly focused on tourism and primary industries such as agriculture. Free-market reforms over recent decades have removed many barriers to foreign investment, and the World Bank in 2005 praised New Zealand as being the most business-friendly country in the world, before Singapore.
| Rank | 53rd |
|---|---|
| Currency | 1 New Zealand dollar (NZD$) = 100 cents |
| Fiscal year | 1 April – 31 March |
| Trade organisations | APEC, WTO and OECD |
| Statistics | |
| GDP | $181.1 billion (2013 est.)[1] |
| GDP growth | 2.7% (2013 est.)[2] |
| GDP per capita | $30,396 (2013 est.)[1] |
| GDP by sector | Agriculture (4.7%), industry (24%), services (71.3%) (2011 est.) |
| Inflation (CPI) | 0.7% (YTD June 2013 Statistics New Zealand)[3] |
| Population below poverty line | n/a |
| Gini coefficient | 36.2 (1997) |
| Labour force | 2.402 million (2012 est.) |
| Labour force by occupation | Agriculture (7%), industry (19%), services (74%) (2006 est.) |
| Unemployment | 6.6% (1st quarter)[4] |
| Main industries | Food processing, textiles, machinery and transportation equipment, finance,tourism (to NZ), mining (in NZ) |
| Ease of doing business rank | 3rd[5] |
| External | |
| Exports | $37.73 billion (2012 est.) |
| Export goods | Dairy products, meat, wood and wood products, fish, machinery |
| Main export partners | |
| Imports | $35.65 billion (2012 est.) |
| Import goods | Machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles, plastics |
| Main import partners | |
| Gross external debt | $256.4 billion (125.3% of GDP) (2012 est.)[8] |
| Public finances | |
| Public debt | 41.8% of GDP (2012 est.) |
| Revenues | $62.64 billion (2012 est.) |
| Expenses | $72.71 billion (2012 est.) |
| Economic aid | donor: $99.7 million (FY99/00) |
| Credit rating | |
| Foreign reserves | |
| Year | Gross domestic product (NZ$ millions) | 1 US dollar exchange | Inflation index (2000=100) | Per capita income (as % of USA) |
|---|---|---|---|---|
| 1980 | 22,976 | NZD 1.02 | 30 | 58.67 |
| 1985 | 45,003 | NZD 2.00 | 53 | 38.93 |
| 1990 | 73,745 | NZD 1.67 | 84 | 55.80 |
| 1995 | 91,881 | NZD 1.52 | 93 | 59.02 |
| 2000 | 114,563 | NZD 2.18 | 100 | 38.98 |
| 2005 | 154,108 | NZD 1.41 | 113 | 62.99 |