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Economy of New Zealand. Statistics, Data and Indicators

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New Zealand
90AA Credit rank #20
182.40 Quality of life #8
2 Corruption rank#2
1 Ease of doing business#1
New Zealand


New Zealand Major Economic Indicators

Indicator Data Period
GDP Value 250 USD Billion 2021
GDP Annual Growth Rate 2.2 % 4Q/22
GDP Growth Rate -0.6 % 4Q/22
GDP per capita 40415 USD 2021
Inflation Rate YoY 6.7 % 1Q/23
Interest Rate 5.5 % May/23
Unemployment Rate 3.4 % 1Q/23
Wages 39.01 NZD/Hour | 3794.263 USD/Month 1Q/23
Balance of Trade 427 NZD Million | 0.26 B USD Apr/23
Current Account -9458 NZD Million | -5.75 B USD 4Q/22
Foreign Exchange Reserves 25887 NZD Million | 15.737 B USD Apr/23
Government Debt 128873 NZD Million | 78.342 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 250 USD Billion 2021
GDP Annual Growth Rate 2.2 % 4Q/22
GDP Growth Rate -0.6 % 4Q/22
GDP per capita 40415 USD 2021
Gross National Product 77341 NZD Million | 47.016 USD Billion 4Q/22
GDP Constant Prices 70863 NZD Million | 43.078 B USD 4Q/22
GDP per capita PPP 42915 USD 2021
GDP From Agriculture  3290 NZD Million | 2 B USD 4Q/22
GDP From Construction  4939 NZD Million | 3.002 B USD 4Q/22
GDP From Manufacturing  5602 NZD Million | 3.405 B USD 4Q/22
GDP From Mining  528 NZD Million | 0.321 B USD 4Q/22
GDP From Public Administration  3238 NZD Million | 1.968 B USD 4Q/22
GDP From Services  48362 NZD Million | 29.399 B USD 4Q/22
GDP From Transport  2887 NZD Million | 1.755 B USD 4Q/22
GDP From Utilities  1816 NZD Million | 1.104 B USD 4Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 35.9 % 2022
Government Budget Value -9691 NZD Million | -5.891 USD Billion 2022
Government Spending 14466 NZD Million | 8.794 USD Billion 4Q/22
Government Debt 128873 NZD Million | 78.342 USD Billion 2022
Government Revenues 141627 NZD Million | 86.095 USD Billion 2022
Fiscal Expenditure  150956 NZD Million | 91.766 B USD 2022
Government Budget to GDP -2.7 % 2022
Military Expenditure 2829 USD Million | 2.829 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 1218 index points 1Q/23
Export Prices 1457 index points 1Q/23
Food Inflation 12.5 % Apr/23
GDP Deflator 1369 index points 4Q/22
Import Prices 1017 index points 1Q/23
Inflation Rate YoY 6.7 % 1Q/23
Producer Prices 1374 index points 1Q/23
Inflation Rate Mom 1.2 % 1Q/23
Core Consumer Prices 1215 Index Points 1Q/23
Core Inflation Rate 7.3 % 1Q/23
CPI Housing Utilities 1298 Index Points 1Q/23
CPI Transportation 1243 Index Points 1Q/23
Inflation Expectations 2.79 % 2Q/23


Trade Indicators

Indicator Data Period
Current Account to GDP -8.9 % 2022
Weapons Sales 20 USD Million 2022
Balance of Trade 427 NZD Million | 0.26 USD Billion Apr/23
Capital Flows 3251 NZD Million | 1.976 USD Billion 4Q/22
Current Account -9458 NZD Million | -5.75 USD Billion 4Q/22
Exports 6803 NZD Million | 4.136 USD Billion Apr/23
External Debt 320885 NZD Million | 195.066 USD Billion 4Q/22
Foreign Exchange Reserves 25887 NZD Million | 15.737 USD Billion Apr/23
Imports 6376 NZD Million | 3.876 USD Billion Apr/23
Terms of Trade  1432 Index Points 1Q/23
Tourist Arrivals 259057 Persons | 0.259 Million Persons Mar/23


Money Indicators

Indicator Data Period
Bank Lending Rate 12.35 % May/23
Interbank Rate 5.69 % Jun/23
Interest Rate 5.5 % May/23
Loans to Private Sector 132704 NZD Million | 80.671 USD Billion Apr/23
Money Supply M0 9093 NZD Million | 5.528 USD Billion Apr/23
Money Supply M1 123481 NZD Million | 75.064 USD Billion Apr/23
Money Supply M2 150882 NZD Million | 102.11 USD Billion Jan/17
Money Supply M3 398520 NZD Million | 242.26 USD Billion Apr/23
Central Bank Balance Sheet 94075 NZD Million | 57.188 B USD Apr/23
Deposit Interest Rate 5.39 % 2023
Foreign Direct Investment 1656 NZD Million | 1.007 B USD 4Q/22
Private Sector Credit  551253 NZD Million | 335.106 B USD Apr/23


Labor Indicators

Indicator Data Period
Minimum Wages 22.7 NZD/Hour | 2207.889 USD/Month 2023
Retirement Age Men 65 2022
Retirement Age Women 65 2022
Unemployment Rate 3.4 % 1Q/23
Wages 39.01 NZD/Hour | 3794.263 USD/Month 1Q/23
Youth Unemployment Rate 10.3 % 1Q/23
Employed Persons 2886 Thousand Person | 2.886 Million Person 1Q/23
Employment Change  0.8 % 1Q/23
Employment Rate  69.5 % 1Q/23
Full Time Employment 2327 Thousand Person 1Q/23
Labor Force Participation Rate 72 % 1Q/23
Part Time Employment 557 Thousand Persons 1Q/23
Unemployed Persons 102 Thousand Persons | 0.102 Million Persons 1Q/23
Wages in Manufacturing 36.75 NZD/Hour | 3574.446 USD/Month 1Q/23


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 7.7 BBL/D/1K Jan/23
Industrial Production -6.6 % 4Q/22
Steel Production 59.47 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Business Confidence -31.1 index points May/23
Corruption Index 87 index points 2022
Corruption Rank 2 place 2022
Ease of Doing Business 1 place 2019
Manufacturing PMI 49.1 index points Apr/23
Services PMI 49.8 index points Apr/23
Competitiveness Index 76.75 Index Points 2019
Competitiveness Rank 19 2019
Composite PMI 48.5 Index Points Apr/23


Consumer Indicators

Indicator Data Period
Consumer Confidence 77.7 index points 1Q/23
Retail Sales MoM -1.4 % 1Q/23
Retail Sales YoY -4.1 % 1Q/23
Consumer Credit 248163 NZD Million | 167.94 USD Billion Jan/17
Consumer Spending 43696 NZD Million | 26.563 USD Billion 4Q/22
Households Debt To GDP 95.1 % 3Q/22
Households Debt To Income 171 % 3Q/22


Housing Market

Indicator Data Period
Construction Output 20.37 % 1Q/23