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 (2021): China, Australia, and United States
Top 3 Exported Goods (2021): 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) $266,283,400,535 (2022)
GDP Growth Rate (annual %) 2.157% (2022)
GDP Per Capita, PPP (current international) $51,967 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 63/197 (2022)

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 %) 7.172% (2022)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 34.6% (2019)
Real Interest Rate (5 year average %) -1.878% (2018)
Manufacturing, value added (% of GDP) 9.473% (2020)
Current Account Balance (BoP, current US$) ($21,262,133,274) (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,955,087 (2022)
Employment in Agriculture (% of total employment) 6.056% (2021)
Employment in Industry (% of total employment) 20.012% (2021)
Employment in Services (% of total employment) 73.932% (2021)
Unemployment Rate 3.253% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $66,568,114,302 (2021)
Exports of goods and services (current US$) $56,609,138,492 (2021)
Total Merchandise Trade (% of GDP) 40.41% (2022)
FDI, net inflows (BoP, current US$) $7,828,092,281 (2022)
Commercial Service Exports (current US$) $11,109,095,663 (2022)
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


  1. The World Bank