Browse a full set of economic indicators

New Zealand

Includes historical data for New Zealand’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

From Agriculture To A Modern, Tech-Driven Economy

Over the past five decades, New Zealand has successfully transitioned from an agrarian economy to a more multi-faceted and globally competitive free-market system, embracing innovation and investment in the service, technology and tourism sectors.

Today, New Zealand’s resilient economy is characterized by a strong rule of law, a transparent and stable investment climate, and flexible regulations that have fostered a dynamic labor market. Additionally, with its proximity to Asia and Australia, limited public debt and superior living standards, it provides an excellent destination for foreign investment.

Despite these strengths, New Zealand’s path to sustainable growth faces challenges, including the status as an island nation, over-dependence on Chinese demand, a shortage of skilled labor, and endemic socio-economic inequalities.

Macroeconomy & Sovereign Data

Type of Government Parliamentary democracy under a constitutional monarchy; a Commonwealth realm
Capital Wellington
Sovereign Ratings S&P: AA+
Moody’s: AAA
Fitch: AA+
Total Population 5.2 million
Median Age 37
Adult Per Capita Income (PPP) 63,046.68
Total GDP (2023) USD 247.5 billion

New Zealand GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 50.1 billion (2022)
Leading Exports Cars
Refined Petroleum
Crude Petroleum
Delivery Trucks
Broadcasting Equipment
Gas Turbines                                                                      
Total Imports USD 48.7 billion (2022)
Leading Imports Milk Cream Powders
Lumber
Beef
Butter
Mutton                                                                      
Source: World Integrated Trade Solution

New Zealand Leading Companies

ANZ Bank New Zealand Financials
Kiwi Group Holdings Ltd. Financials
Fonterra Co-operative Group Consumer Staples, Food Products
Spark New Zealand Telecommunication Services
Fletcher Building Limited Conglomerates, Financials, Consumer Electronics, Hotels, Restaurants & Leisure
Air New Zealand Limited Transportation, Airlines
Sky Network Television Communication Services, Media

Major Trade Partners — Import

China 23.9%
Australia 11.3%
United States 8.7%
Japan 6.3%
Germany 4.9%

Major Trade Partners — Export

China 31.4%
Australia 12.5%
United States 10.6%
Japan 5.6%
South Korea 1.3%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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