New Zealand Calls For Greater Climate Disclosures
New Zealand is the first sovereign state to approve a law requiring financial institutions, insurance companies and asset managers to disclose climate change risks.
New Zealand GDP and Economic Data
Includes New Zealand real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about New Zealand economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of New Zealand best banks and safest banks are also available.
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International Reserves
USD 17.7 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
GDP (Purchasing Power Parity)
Intl$ 197.8 billion (2018, estimate)
Source
Real GDP growth
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
| 4% | -0.4% | 0.3% | 2% | 1.9% | 2.5% | 2.2% |
| 2014 | 2015 | 2016 | 2017* | 2018* | ||
| 3.1% | 4% | 4.2% | 2.6% | 3% |
*Estimate
Source
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2019* |
| 0.22% | 0.19% | 0.17% | 0.15% | 0.15% |
*Estimate
Source
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GDP - composition by sector
- agriculture: 5.7%
- industry: 21.5%
- services: 72.8%
(2017 estimate)
Gross domestic expenditure on R&D; (% of GDP)
1.2% (2015)
OECD, data retrieved October 2019
Inflation
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 0.3% | 0.6% | 1.9% | 1.6% | 1.4% |
*Estimate
Source
Unemployment rate
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 5.4% | 5.1% | 4.7% | 4.3% | 4.3% |
*Estimate
Source
Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 34.4% | 33.5% | 31.6% | 29.8% | 29.6% |
*Estimate
Source
Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 0.2% | 0.9% | 1.1% | 0.8% | 0.1% |
*Estimate
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Government bond ratings
Standard & Poor's: AA
Moody's: Aaa
Standard & Poor's / Moody's
Source
Market value of publicly traded shares
| 2016 | 2017 | 2018 |
| USD 66 billion | USD 74.4 billion | USD 74.4 billion |
Source
Current account balance by percentage of GDP
-3.8 % (2018 estimate)
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Exports as percent of GDP (Exports of goods and services)
27.6% (2017)
Shares in world total merchandising export
0.20% (2018)
Shares in world total commercial services export
0.29% (2018)
Export commodities
Dairy products, meat and edible offal, logs and wood articles, fruit, crude oil, wine
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Import commodities
Petroleum and products, mechanical machinery, vehicles and parts, electrical machinery, textiles
Exports - major partners
China 22.4%, Australia 16.4%, US 9.9%, Japan 6.1% (2017)
Imports - major partners
China 19%, Australia 12.1%, US 10.5%, Japan 7.3%, Germany 5.3%, Thailand 4.6% (2017)
FDI inflows
| 2016 | 2017 | 2018 |
| USD 3,069 million | USD 2,538 million | USD 1,404 million |
FDI outflows
| 2016 | 2017 | 2018 |
| USD 8 million | USD -223 million | USD 404 million |
Value of cross-border M&A, by country of purchaser
| 2015 | 2016 | 2017 | 2018 |
| USD -3,935 million | USD 289 million | USD 565 million | USD -854 million |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
1 out of 190 countries
Starting a Business:
1 out of 190 countries
Dealing with Construction Permits: 7 out of 190 countries
Getting Electricity: 48 out of 190 countries
Registering Property: 2 out of 190 countries
Getting Credit: 1 out of 190 countries
Protecting Minority Investors: 3 out of 190 countries
Paying Taxes: 9 out of 190 countries
Trading across Borders: 63 out of 190 countries
Enforcing Contracts: 23 out of 190 countries
Resolving Insolvency: 36 out of 190 countries
Source
Global competitiveness ranking
19 out of 141 countries
(2019)
Index of Economic Freedom
Ranking: 3 / Score: 84.4 (Free)
(100=totally free 0=totally repressed)
Source
Source
Government type
Parliamentary democracy under a constitutional monarchy; a Commonwealth realm
Languages
English (de facto official) 95.4%, Maori (de jure official) 4%, Samoan 2.2%, Northern Chinese 2%, Hindi 1.5%, French 1.2%, Yue 1.1%, New Zealand Sign Language (de jure official) .5%, other or not stated 17.2% (2018 est.)
Religions
Christian 37.3% (Catholic 10.1%, Anglican 6.8%, Presbyterian and Congregational 5.2%, Pentecostal 1.8%, Methodist 1.6%, Mormon 1.2%, other 10.7%), Hindu 2.7%, Maori 1.3%, Muslim, 1.3%, Buddhist 1.1%, other religion 1.6% (includes Judaism, Spiritualism and
Total population
| 1990 | 2000 | 2010 | 2015 | 2020* |
| 3.43 million | 3.87 million | 4.37 million | 4.65 million | 5.14 million |
*Estimate
Source
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2018 |
| 76% | 83.4% | 86% | 86.5% |
Freedom House rating
Free
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed: 37.1% Mobile: 134.9% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)
Mercer Cost of living index
Auckland: 89th
Wellington: 114th
(2019)
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