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 (2019): China, Australia, and United States
Top 3 Exported Goods (2019): 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) $224,989,397,377 (2020)
GDP Growth Rate (annual %) 0.981% (2020)
GDP Per Capita, PPP (current international) $44,252 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 65/197 (2020)

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 %) 1.715% (2020)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 34.6% (2019)
Real Interest Rate (5 year average %) -1.995% (2018)
Manufacturing, value added (% of GDP) 9.994% (2018)
Current Account Balance (BoP, current US$) ($1,886,174,274) (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,848,217 (2020)
Employment in Agriculture (% of total employment) 5.55% (2020)
Employment in Industry (% of total employment) 19.397% (2020)
Employment in Services (% of total employment) 75.053% (2020)
Unemployment Rate 4.55% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $56,683,582,943 (2019)
Exports of goods and services (current US$) $56,437,011,590 (2019)
Total Merchandise Trade (% of GDP) 35.811% (2020)
FDI, net inflows (BoP, current US$) $2,943,285,693 (2019)
Commercial Service Exports (current US$) $11,648,670,710 (2020)
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