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) $204,260,273,085 (2018)
GDP Growth Rate (annual %) 2.774% (2018)
GDP Per Capita, PPP (current international) $42,194 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 67/196 (2018)

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 %) 1.62% (2019)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 34.6% (2019)
Real Interest Rate (5 year average %) 2.251% (2017)
Manufacturing, value added (% of GDP) 9.996% (2016)
Current Account Balance (BoP, current US$) ($6,035,320,332) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,743,889 (2019)
Employment in Agriculture (% of total employment) 5.663% (2019)
Employment in Industry (% of total employment) 19.58% (2019)
Employment in Services (% of total employment) 74.757% (2019)
Unemployment Rate 4.069% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $57,940,506,599 (2018)
Exports of goods and services (current US$) $57,636,062,757 (2018)
Total Merchandise Trade (% of GDP) 40.73% (2018)
FDI, net inflows (BoP, current US$) $3,949,052,499 (2019)
Commercial Service Exports (current US$) $17,446,648,631 (2018)
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