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 |
