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 | 247 USD Billion | 2022 |
GDP Annual Growth Rate | 1.8 % | 2Q/23 |
GDP Growth Rate | 0.9 % | 2Q/23 |
GDP per capita | 42272 USD | 2022 |
Inflation Rate YoY | 6 % | 2Q/23 |
Interest Rate | 5.5 % | Oct/23 |
Unemployment Rate | 3.6 % | 2Q/23 |
Wages | 39.6 NZD/Hour | 3817.327 USD/Month | 2Q/23 |
Balance of Trade | -2291 NZD Million | -1.38 B USD | Aug/23 |
Current Account | -4208 NZD Million | -2.535 B USD | 2Q/23 |
Foreign Exchange Reserves | 28619 NZD Million | 17.242 B USD | Sep/23 |
Government Debt | 155273 NZD Million | 93.549 B USD | 2023 |
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 247 USD Billion | 2022 |
GDP Annual Growth Rate | 1.8 % | 2Q/23 |
GDP Growth Rate | 0.9 % | 2Q/23 |
GDP per capita | 42272 USD | 2022 |
Gross National Product | 76819 NZD Million | 46.282 USD Billion | 2Q/23 |
GDP Constant Prices | 71628 NZD Million | 43.155 B USD | 2Q/23 |
GDP per capita PPP | 44880 USD | 2022 |
GDP From Agriculture | 3190 NZD Million | 1.922 B USD | 2Q/23 |
GDP From Construction | 4945 NZD Million | 2.979 B USD | 2Q/23 |
GDP From Manufacturing | 5574 NZD Million | 3.358 B USD | 2Q/23 |
GDP From Mining | 549 NZD Million | 0.331 B USD | 2Q/23 |
GDP From Public Administration | 3393 NZD Million | 2.044 B USD | 2Q/23 |
GDP From Services | 48650 NZD Million | 29.311 B USD | 2Q/23 |
GDP From Transport | 2832 NZD Million | 1.706 B USD | 2Q/23 |
GDP From Utilities | 1861 NZD Million | 1.121 B USD | 2Q/23 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 35.9 % | 2022 |
Government Budget Value | -9691 NZD Million | -5.839 USD Billion | 2022 |
Government Spending | 14772 NZD Million | 8.9 USD Billion | 2Q/23 |
Government Debt | 155273 NZD Million | 93.549 USD Billion | 2023 |
Government Revenues | 153011 NZD Million | 92.186 USD Billion | 2023 |
Fiscal Expenditure | 161822 NZD Million | 97.495 B USD | 2023 |
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) | 1231 index points | 2Q/23 |
Export Prices | 1448 index points | 2Q/23 |
Food Inflation | 8.9 % | Aug/23 |
GDP Deflator | 1427 index points | 2Q/23 |
Import Prices | 1007 index points | 2Q/23 |
Inflation Rate YoY | 6 % | 2Q/23 |
Producer Prices | 1376 index points | 2Q/23 |
Inflation Rate Mom | 1.1 % | 2Q/23 |
Core Consumer Prices | 1229 Index Points | 2Q/23 |
Core Inflation Rate | 7.1 % | 2Q/23 |
CPI Housing Utilities | 1314 Index Points | 2Q/23 |
CPI Transportation | 1219 Index Points | 2Q/23 |
Inflation Expectations | 2.83 % | 3Q/23 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -8.9 % | 2022 |
Weapons Sales | 20 USD Million | 2022 |
Balance of Trade | -2291 NZD Million | -1.38 USD Billion | Aug/23 |
Capital Flows | -1059 NZD Million | -0.638 USD Billion | 2Q/23 |
Current Account | -4208 NZD Million | -2.535 USD Billion | 2Q/23 |
Exports | 4987 NZD Million | 3.005 USD Billion | Aug/23 |
External Debt | 331394 NZD Million | 199.659 USD Billion | 2Q/23 |
Foreign Exchange Reserves | 28619 NZD Million | 17.242 USD Billion | Sep/23 |
Imports | 7278 NZD Million | 4.385 USD Billion | Aug/23 |
Terms of Trade | 1438 Index Points | 2Q/23 |
Tourist Arrivals | 206783 Persons | 0.207 Million Persons | Aug/23 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 12.68 % | Sep/23 |
Interbank Rate | 5.68 % | Oct/23 |
Interest Rate | 5.5 % | Oct/23 |
Loans to Private Sector | 131547 NZD Million | 79.255 USD Billion | Jul/23 |
Money Supply M0 | 8907 NZD Million | 5.366 USD Billion | Aug/23 |
Money Supply M1 | 118898 NZD Million | 71.634 USD Billion | Aug/23 |
Money Supply M2 | 150882 NZD Million | 102.11 USD Billion | Jan/17 |
Money Supply M3 | 403361 NZD Million | 243.018 USD Billion | Aug/23 |
Central Bank Balance Sheet | 97061 NZD Million | 58.478 B USD | Aug/23 |
Deposit Interest Rate | 5.36 % | 2023 |
Foreign Direct Investment | 184 NZD Million | 0.111 B USD | 2Q/23 |
Private Sector Credit | 556409 NZD Million | 335.227 B USD | Aug/23 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 22.7 NZD/Hour | 2188.215 USD/Month | 2023 |
Retirement Age Men | 65 | 2022 |
Retirement Age Women | 65 | 2022 |
Unemployment Rate | 3.6 % | 2Q/23 |
Wages | 39.6 NZD/Hour | 3817.327 USD/Month | 2Q/23 |
Youth Unemployment Rate | 10.3 % | 1Q/23 |
Employed Persons | 2927 Thousand Person | 2.927 Million Person | 2Q/23 |
Employment Change | 1 % | 2Q/23 |
Employment Rate | 69.5 % | 1Q/23 |
Full Time Employment | 2349 Thousand Person | 2Q/23 |
Labor Force Participation Rate | 72.4 % | 2Q/23 |
Part Time Employment | 577 Thousand Persons | 2Q/23 |
Unemployed Persons | 109 Thousand Persons | 0.109 Million Persons | 2Q/23 |
Wages in Manufacturing | 37.72 NZD/Hour | 3636.101 USD/Month | 2Q/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 | -7 % | 1Q/23 |
Steel Production | 59.47 Thousand Tonnes | Dec/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Business Confidence | 1.5 index points | Sep/23 |
Corruption Index | 87 index points | 2022 |
Corruption Rank | 2 place | 2022 |
Ease of Doing Business | 1 place | 2019 |
Manufacturing PMI | 46.06 index points | Aug/23 |
Services PMI | 47.1 index points | Aug/23 |
Competitiveness Index | 76.75 Index Points | 2019 |
Competitiveness Rank | 19 | 2019 |
Composite PMI | 46.8 Index Points | Aug/23 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | 80.2 index points | 3Q/23 |
Retail Sales MoM | -1 % | 2Q/23 |
Retail Sales YoY | -3.5 % | 2Q/23 |
Consumer Credit | 248163 NZD Million | 167.94 USD Billion | Jan/17 |
Consumer Spending | 44908 NZD Million | 27.056 USD Billion | 2Q/23 |
Households Debt To GDP | 93.3 % | 1Q/23 |
Households Debt To Income | 168 % | 1Q/23 |
Housing Market
Indicator | Data | Period |
---|---|---|
Construction Output | 12.34 % | 2Q/23 |