Economy of New Zealand. Statistics, Data and Indicators
New Zealand
| 90AA | Credit rank #20 |
| 182.40 | Quality of life #8 |
| 2 | Corruption rank#2 |
| 1 | Ease of doing business#1 |
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 28 % | 2023 |
| Personal Income Tax Rate | 39 % | 2023 |
| Sales Tax Rate | 15 % | 2023 |
| Social Security Rate | 11 % | 2021 |
| Social Security Rate For Companies | 3 % | 2023 |
| Social Security Rate For Employees | 8 % | 2021 |
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 |
