New Zealand: Economy

Economic Trivia

Dairy farming is New Zealand's largest export earner, accounting for 21% of exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): China, Australia, and United States
Top 3 Exported Goods (2015): Dairy Products, Meat, and Wood

Top Industries Source: CIA World Factbook

Food Processing; Wood and Paper Products; Textiles; Machinery

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $169,959,549,519 (2015)
GDP Growth Rate (annual %) 3.393% (2015)
GDP Per Capita, PPP (current international) $36,982 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 67/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.23% (2015)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 34.3% (2015)
Real Interest Rate (5 year average %) 5.884% (2015)
Manufacturing, value added (% of GDP) 11.864% (2012)
Current Account Balance (BoP, current US$) ($5,254,548,547) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 2,433,510 (2014)
Employment in Agriculture (% of total employment) 6.4% (2013)
Employment in Industry (% of total employment) 20.2% (2013)
Employment in Services (% of total employment) 73% (2013)
Unemployment Rate 5.6% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $54,567,551,312 (2014)
Exports of goods and services (current US$) $55,981,141,076 (2014)
Total Merchandise Trade (% of GDP) 42.077% (2014)
FDI, net inflows (BoP, current US$) ($546,795,473) (2015)
Commercial Service Exports (current US$) $14,412,980,536 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, New Zealand’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary