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 (2016): China, Australia, and United States
Top 3 Exported Goods (2016): Dairy Products, Meat, and Wood

Top Industries Source: CIA World Factbook

Food Processing; Wood and Paper Products; Textiles; Machinery

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $197,072,471,931 (2017)
GDP Growth Rate (annual %) 3.029% (2017)
GDP Per Capita, PPP (current international) $41,109 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 66/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 1.083% (2016)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 34.5% (2017)
Real Interest Rate (5 year average %) 3.404% (2016)
Manufacturing, value added (% of GDP) 11.436% (2015)
Current Account Balance (BoP, current US$) ($5,539,697,132) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,662,134 (2017)
Employment in Agriculture (% of total employment) 6.64% (2017)
Employment in Industry (% of total employment) 20.232% (2017)
Employment in Services (% of total employment) 73.128% (2017)
Unemployment Rate 4.881% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $48,277,614,382 (2016)
Exports of goods and services (current US$) $48,869,320,061 (2016)
Total Merchandise Trade (% of GDP) 37.968% (2017)
FDI, net inflows (BoP, current US$) $3,346,680,794 (2017)
Commercial Service Exports (current US$) $15,987,922,779 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank