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World›East Asia & Pacific›New Zealand

New Zealand

NZLEast Asia & PacificHigh incomeCapital: Wellington
Economy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
70/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$292
2027▲ 3.9%
Population
5.3M
2024▲ 1.7%
GDP per Capita
$53,695
2027▲ 2.9%
Life Expectancy
83.0 years
2023▲ 1.3%
New Zealand in world space2000–2023
1k10k100k505560657075808590GDP per capita (USD, log)Life expectancy (years)20002023
192 countries · log scale on X world New Zealand· trajectory line: 1980 → today
▶About New Zealand

New Zealand's GDP is $280.55B (2026), with a population of 5.3M, and GDP per capita of $52,181. Key indicators include real GDP growth of 2.2%, inflation at 2.1%, unemployment at 5.1%, government debt at 56.1% of GDP, life expectancy of 83.0 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.

The economy is characterized by a high-income status and robust trade activity, with trade accounting for over 51% of GDP in 2024. The projected GDP for 2026 is $280.553 billion, with a per capita GDP of $52,180.91. The economy is expected to grow at a rate of 2.2% in 2026, with an inflation rate of 2.1%. Unemployment is projected to be 5.076% in 2025. The capital, Wellington, serves as the administrative and political center. Society benefits from a high life expectancy of 83 years as of 2023. The population is approximately 5.29 million in 2024. The social fabric is marked by a strong emphasis on quality of life and social welfare, reflecting in the economic indicators and public policies.

▶Economy30 indicators · 2021–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
GDP (Current USD, Billions)$2922027▲ 3.9%IMF
Real GDP Growth (%)2.4%2027▲ 9.1%IMF
GDP per Capita (USD)$53,6952027▲ 2.9%IMF
GDP, PPP (Billions Intl $)$3222027▲ 4.1%IMF
GDP per Capita, PPP (Intl $)$59,2602027▲ 3.1%IMF
Share of World GDP, PPP (%)0.14%2027▼ 0.7%IMF
GNI (Current USD)$253.26B2024▲ 2.8%WB
GNI per Capita (USD)$47,5802024▼ 2.9%WB
GNI per Capita, PPP (USD)$53,6002024▲ 1.5%WB
Industry Value Added (% of GDP)19.6%2022▲ 4.1%WB
Services Value Added (% of GDP)67.4%2022▲ 0.3%WB
Agriculture Value Added (% of GDP)4.6%2022▼ 20.8%WB
Government Consumption (% of GDP)20.9%2022▼ 0.9%WB
Household Consumption (% of GDP)57.5%2022▼ 0.1%WB
Gross Capital Formation (% of GDP)22.5%2024▼ 5.5%WB
Gross Savings (% of GNI)17.5%2024▲ 3.0%WB
GDP Deflator (%)2.1%2024▼ 48.7%WB
GDP per Person Employed (USD)$89,6002024▲ 1.7%WB
Manufacturing Value Added (% of GDP)8.9%2022▲ 2.5%WB
Medium/High-Tech Manufacturing (% of total)23.8%2022▲ 0.3%WB
Adjusted Net National Income per Capita (USD)$40,7312021—WB
Adjusted Net Savings (% of GNI)9.9%2021▼ 12.8%WB
External Balance on Goods & Services (% of GDP)-1.6%2024▲ 45.8%WB
Coal Rents (% of GDP)0.03%2021▲ 57.3%WB
Mineral Rents (% of GDP)0.10%2021—WB
Oil Rents (% of GDP)0.10%2021▲ 132.9%WB
Natural Gas Rents (% of GDP)0.29%2021▲ 27.6%WB
Total Natural Resources Rents (% of GDP)1.5%2021▲ 17.4%WB
Forest Rents (% of GDP)0.97%2021▲ 3.3%WB
Industry Value Added (Current USD)$48.92B2022▲ 2.3%WB
▶Stock Markets1 indicator · 2026 · WB
IndicatorValueYearΔ YoYSrc
NZX 5013,181.442026▼ 2.7%WB
▶Financial Markets4 indicators · 2024–2026 · WB
IndicatorValueYearΔ YoYSrc
10-Year Government Bond Yield (%)4.47%2025▼ 2.0%WB
Central Bank Policy Rate (%)5.24%2024▲ 2.5%WB
Exchange Rate (per USD)1.712026—WB
Exchange Rate (per EUR)1.942025▲ 8.6%WB
▶Fiscal & Monetary20 indicators · 2022–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
Inflation, Consumer Prices (%)2.0%2027▼ 4.8%IMF
Govt Gross Debt (% of GDP)57.6%2027▲ 2.7%IMF
Fiscal Balance (% of GDP)-2.5%2027▲ 30.6%IMF
Current Account Balance (% of GDP)-4.2%2027▲ 4.5%IMF
Unemployment Rate (%)4.5%2027▼ 11.8%IMF
Inflation, CPI (%, World Bank)2.9%2024▼ 49.0%WB
Deposit Interest Rate (%)5.7%2024▲ 3.8%WB
Government Debt (% of GDP)54.1%2023▲ 0.2%WB
Government Revenue (% of GDP)35.5%2023▲ 6.7%WB
Government Expenditure (% of GDP)35.5%2022▲ 5.7%WB
Tax Revenue (% of GDP)30.7%2023▲ 3.6%WB
Taxes on Goods & Services (% of revenue)26.4%2023▼ 5.2%WB
Taxes on International Trade (% of revenue)2.9%2023▲ 7.7%WB
Taxes on Income, Profits & Capital Gains (% of rev)56.9%2023▼ 2.3%WB
Net Investment in Nonfinancial Assets (% of GDP)3.1%2023▲ 12.2%WB
Total Reserves incl. Gold (USD)$22.07B2024▲ 42.5%WB
Total Reserves (months of imports)3.22024▲ 42.9%WB
Official Exchange Rate (per USD)1.652024▲ 1.5%WB
PPP Conversion Factor1.462024▲ 0.2%WB
Broad Money (% of GDP)100.0%2024▲ 0.7%WB
▶Trade15 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
Trade (% of GDP)51.2%2024▲ 1.6%WB
Exports of Goods & Services (% of GDP)24.8%2024▲ 4.6%WB
Imports of Goods & Services (% of GDP)26.4%2024▼ 1.0%WB
Exports of Goods & Services (USD)$64.54B2024▲ 6.6%WB
Imports of Goods & Services (USD)$68.74B2024▲ 0.9%WB
Merchandise Exports (USD)$42.29B2024▲ 2.1%WB
Merchandise Imports (USD)$46.86B2024▼ 6.2%WB
FDI Inflows (% of GDP)0.7%2024▼ 60.7%WB
FDI Outflows (% of GDP)0.3%2024▲ 288.8%WB
FDI Net Inflows (USD)$1.76B2024▼ 60.0%WB
Personal Remittances Received (USD)$598.2M2024▲ 7.6%WB
Personal Remittances Received (% of GDP)0.2%2024▲ 5.6%WB
High-Tech Exports (% of manufactured)13.0%2024▲ 2.5%WB
Current Account Balance (% of GDP)-4.7%2024▲ 24.7%WB
Current Account Balance (USD)$-12.11B2024▲ 23.2%WB
▶Finance10 indicators · 2023–2024 · WB
IndicatorValueYearΔ YoYSrc
Domestic Credit by Financial Sector (% of GDP)158.2%2023▼ 4.4%WB
Domestic Credit to Private Sector (% of GDP)141.2%2023▼ 3.4%WB
Stock Market Capitalization (% of GDP)35.7%2024▼ 5.7%WB
Stock Market Capitalization (USD)$92.87B2024▼ 3.8%WB
Stock Market Turnover (% of GDP)4.8%2024▲ 1.8%WB
Listed Domestic Companies1122024▼ 5.9%WB
Account Ownership at Financial Institution (%)97.9%2024▼ 0.9%WB
Account Ownership, Female (%)98.5%2024▼ 0.7%WB
Account Ownership, Male (%)97.2%2024▼ 1.1%WB
Firms Using Banks to Finance Investment (%)24.5%2023—WB
▶Business Environment1 indicator · 2023 · WB
IndicatorValueYearΔ YoYSrc
Time to Get Electricity (days)152023—WB
▶Private Sector6 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Firms Expected to Pay Bribes (%)0.7%2023—WB
Firms with Female Top Manager (%)58.2%2023—WB
Firms with Female Participation in Ownership (%)20.3%2023—WB
Firms Offering Training (%)66.0%2023—WB
Average Firm Age (years)43 years2023—WB
Firms Using Computers (%)45.7%2023—WB
▶People23 indicators · 2021–2025 · WB
IndicatorValueYearΔ YoYSrc
Population5.3M2024▲ 1.7%WB
Population Growth (%)1.7%2024▼ 27.5%WB
Population Density (per km²)202023▲ 2.3%WB
Surface Area (sq km)267,7102023▲ 0.0%WB
Land Area (sq km)263,3102023▲ 0.0%WB
Urban Population (%)83.9%2024▲ 0.1%WB
Urban Population (total)4.4M2024▲ 1.7%WB
Rural Population (%)16.1%2024▼ 0.3%WB
Life Expectancy at Birth83.0 years2023▲ 1.3%WB
Life Expectancy, Male81.2 years2023▲ 1.1%WB
Life Expectancy, Female84.9 years2023▲ 1.4%WB
Fertility Rate (births per woman)1.62023▼ 6.0%WB
Birth Rate (per 1,000)10.92023▼ 5.5%WB
Death Rate (per 1,000)7.22023▼ 4.0%WB
Net Migration17,4032025▼ 7.3%WB
Population Ages 0–14 (%)18.1%2024▼ 1.4%WB
Population Ages 15–64 (%)64.7%2024▼ 0.2%WB
Population Ages 65+ (%)17.2%2024▲ 2.4%WB
Age Dependency Ratio (%)54.6%2024▲ 0.6%WB
Old-Age Dependency Ratio (%)26.6%2024▲ 2.6%WB
Youth Dependency Ratio (%)28.0%2024▼ 1.2%WB
Mortality Rate, Adult Male (per 1,000)77.72021—WB
Mortality Rate, Adult Female (per 1,000)49.22021—WB
▶Labor19 indicators · 2024–2025 · WB
IndicatorValueYearΔ YoYSrc
Total Labor Force3.1M2025▲ 0.7%WB
Labor Force Participation (%)70.4%2025▼ 0.3%WB
Female Labor Force Participation (%)66.1%2025▼ 0.3%WB
Male Labor Force Participation (%)74.7%2025▼ 0.3%WB
Unemployment (%)5.1%2025▲ 7.5%WB
Female Unemployment (%)5.3%2025▲ 7.3%WB
Male Unemployment (%)4.9%2025▲ 7.6%WB
Youth Unemployment (%)14.4%2025▲ 2.3%WB
Employment in Agriculture (%)5.4%2025▼ 2.1%WB
Employment in Industry (%)19.9%2025▼ 0.6%WB
Employment in Services (%)74.6%2025▲ 0.3%WB
Self-Employed (%)71.3%2024▼ 1.1%WB
Vulnerable Employment (%)12.6%2025▼ 1.1%WB
Wage & Salaried Workers (% of total)81.6%2025▲ 0.2%WB
Employers (% of total employment)5.8%2025▼ 0.9%WB
Labor Force, Female (% of total)47.6%2025▼ 0.0%WB
Employment to Population Ratio (%)66.8%2025▼ 0.7%WB
Self-Employed (% of total)18.4%2025▼ 1.0%WB
NEET Youth (% not in education/employment)12.8%2024▲ 9.3%WB
▶Education14 indicators · 2016–2023 · WB
IndicatorValueYearΔ YoYSrc
Education Spending (% of GDP)5.3%2023▲ 1.0%WB
Education Spending (% of govt expenditure)12.7%2023▲ 0.9%WB
Primary School Enrollment (%)96.9%2023▲ 0.3%WB
Secondary School Enrollment (%)113.4%2023▼ 1.2%WB
Tertiary School Enrollment (%)76.4%2023▼ 0.8%WB
Out-of-School Children, Primary8,9982023▼ 9.2%WB
Out-of-School Girls, Primary4,2412023▼ 7.2%WB
Primary School Teachers26,5832023▼ 0.0%WB
Secondary School Teachers36,3902023▼ 0.4%WB
Pupil-Teacher Ratio, Primary152017—WB
Pupil-Teacher Ratio, Secondary142017—WB
Expenditure per Student, Primary (% of GDP/cap)26.1%2016—WB
Education Spending, Secondary (% of govt)35.6%2016—WB
Education Spending, Tertiary (% of govt)23.7%2016—WB
▶Health36 indicators · 2019–2024 · WHO
IndicatorValueYearΔ YoYSrc
Health Spending (% of GDP)10.1%2024▼ 0.7%WHO
Health Spending per Capita (USD)$5,0222024▲ 0.5%WHO
Government Health Spending (% of GDP)7.9%2023▼ 9.1%WHO
Out-of-Pocket Health Spending (% of total)12.7%2024▲ 0.7%WHO
Physicians (per 1,000 people)3.62022▲ 2.3%WHO
Nurses & Midwives (per 1,000)12.32023▲ 3.7%WHO
Hospital Beds (per 1,000)2.52023▼ 2.3%WHO
Infant Mortality (per 1,000 live births)4.72023▼ 2.1%WHO
Neonatal Mortality (per 1,000)2.72023▼ 3.6%WHO
Maternal Mortality (per 100,000)72023▼ 69.6%WHO
Under-5 Mortality, Female (per 1,000)4.32023▼ 2.3%WHO
Under-5 Mortality, Male (per 1,000)52023▼ 3.8%WHO
Cause of Death, Communicable (%)4.4%2019—WHO
Cause of Death, Non-Communicable (%)89.6%2019—WHO
Cause of Death, Injury (%)6.0%2019—WHO
Measles Immunization (% of children)89.0%2024▲ 0.0%WHO
DPT Immunization (% of children)89.0%2024▲ 1.1%WHO
HIV Incidence (per 1,000)0.12024▲ 0.0%WHO
Tuberculosis Incidence (per 100,000)82024▲ 17.9%WHO
Smoking Prevalence, Males (%)13.4%2022▼ 4.3%WHO
Smoking Prevalence, Females (%)11.1%2022▼ 4.3%WHO
Suicide Mortality Rate (per 100,000)11.92021▲ 5.0%WHO
Alcohol Consumption (liters per capita)102020—WHO
Maternal Deaths42023▼ 68.8%WHO
Tuberculosis Incidence (per 100K)7.92024▲ 17.9%WHO
People Living with HIV4,1002024▲ 2.5%WHO
DTP3 Immunization Coverage (%)89%2024▲ 1.1%WHO
Measles Immunization Coverage (%)89%2024▲ 0.0%WHO
Hepatitis B Immunization Coverage (%)89%2024▲ 1.1%WHO
Physicians (total)382024▲ 2.5%WHO
Nursing & Midwifery Personnel1312024▲ 7.4%WHO
Dentists (total)65,7172024▲ 8.5%WHO
Pharmacists (total)2,7112024▲ 2.4%WHO
Universal Health Coverage Index892023▲ 0.0%WHO
Road Traffic Death Rate (per 100K)3382021—WHO
Health Expenditure per Capita (WHO, USD)$4,9972023▼ 2.7%WHO
▶Energy & Environment16 indicators · 2020–2024 · WB / WHO
IndicatorValueYearΔ YoYSrc
CO₂ Emissions (tonnes per capita)62024▼ 1.5%WB
CO₂ Emissions (total kilotonnes)322024▲ 0.1%WB
Energy Use (kg oil eq. per capita)3,6612023▼ 2.8%WB
Electric Power Consumption (kWh per capita)8,0212023▼ 1.7%WB
Renewable Electricity Output (%)81.4%2021▲ 1.2%WB
Renewable Energy Consumption (%)28.9%2021▲ 0.7%WB
Access to Electricity (%)100.0%2023▲ 0.0%WB
Access to Clean Fuels for Cooking (%)100.0%2023▲ 0.0%WB
PM2.5 Air Pollution (µg/m³)6.52020—WB
Forest Area (%)37.8%2023▲ 0.2%WB
Forest Area (sq km)99,5032023▲ 0.2%WB
Arable Land (%)2.0%2023▼ 2.4%WB
Terrestrial Protected Areas (%)30.6%2024▲ 0.0%WB
Marine Protected Areas (%)30.4%2024▲ 0.0%WB
Access to Basic Drinking Water (%)100.0%2024▲ 0.0%WHO
Access to Basic Sanitation (%)100.0%2024▲ 0.0%WHO
▶Agriculture11 indicators · 2022–2023 · WB
IndicatorValueYearΔ YoYSrc
Agricultural Land (%)36.9%2023▼ 0.4%WB
Cereal Yield (kg per hectare)8,2442023▼ 1.7%WB
Food Production Index (2014–2016=100)100.62022▼ 2.6%WB
Crop Production Index (2014–2016=100)108.22022▲ 3.1%WB
Livestock Production Index (2014–2016=100)992022▼ 3.4%WB
Land Under Cereal Production (hectares)116,4642023▲ 0.7%WB
Total Fisheries Production (metric tonnes)327,0032023▼ 5.7%WB
Fertilizer Consumption (kg per hectare)1,291.12023▼ 21.0%WB
Prevalence of Undernourishment (%)2.5%2023▲ 0.0%WB
Annual Freshwater Withdrawals (% of internal)3.0%2022▲ 0.0%WB
Cereal Production (metric tons)960,1772023▼ 1.0%WB
▶Technology13 indicators · 2021–2024 · WB
IndicatorValueYearΔ YoYSrc
Internet Users (%)96.2%2023▼ 0.0%WB
Mobile Subscriptions (per 100 people)1272023▲ 9.4%WB
Fixed Broadband Subscriptions (per 100)37.92023▲ 4.3%WB
Secure Internet Servers (per million)18,718.32024▼ 1.4%WB
R&D Spending (% of GDP)1.47%2021—WB
Patent Applications, Residents3302021▼ 5.2%WB
Patent Applications, Non-Residents6,5222021▲ 20.4%WB
Scientific Journal Articles9,2142022▲ 0.7%WB
High-Technology Exports (USD)$840.0M2024▲ 2.0%WB
ICT Service Exports (% of service exports)6.2%2024▼ 10.2%WB
ICT Service Exports (USD)$1.18B2024▼ 0.2%WB
Industrial Design Applications, Resident3202021▼ 9.1%WB
Researchers in R&D (per million)5,0952021—WB
▶Infrastructure8 indicators · 2020–2023 · WB
IndicatorValueYearΔ YoYSrc
Air Transport, Passengers Carried15.0M2023▲ 28.3%WB
Air Transport, Freight (million ton-km)767.82023▼ 5.5%WB
Container Port Traffic (TEU)3.4M2022▲ 5.4%WB
Railways, Passengers (million km)8022020—WB
Railways, Goods (million ton-km)4,4442021▲ 7.6%WB
Logistics Performance Index (1–5)3.602022—WB
Electricity from Oil (%)0.0%2023▼ 42.8%WB
Electricity from Nuclear (%)0.0%2021—WB
▶Gender8 indicators · 2017–2025 · WB
IndicatorValueYearΔ YoYSrc
Women in Parliament (%)45.5%2024▲ 2.9%WB
Female Labor Force Participation, 15+ (%)67.1%2024▼ 0.8%WB
Female Wage & Salaried Workers (%)85.0%2025▲ 0.2%WB
Girls Out-of-School Rate (%)98.8%2017—WB
Adolescent Fertility Rate (per 1,000)10.92023▼ 0.5%WB
Gender Parity Index, Primary98.322017—WB
Gender Parity Index, Secondary1.052020—WB
Gender Parity in Primary Education1.002020—WB
▶Governance10 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Control of Corruption2.082023▼ 3.7%WB
Government Effectiveness1.532023▲ 14.2%WB
Political Stability1.362023▲ 2.8%WB
Regulatory Quality1.912023▲ 2.4%WB
Rule of Law1.712023▼ 1.4%WB
Voice & Accountability1.692023▲ 2.2%WB
Control of Corruption (percentile rank)98.6%2023▼ 0.5%WB
Government Effectiveness (percentile rank)92.5%2023▲ 3.7%WB
Rule of Law (percentile rank)95.8%2023▼ 1.0%WB
Political Stability (percentile rank)96.2%2023▼ 0.0%WB
▶Military6 indicators · 2020–2024 · WB
IndicatorValueYearΔ YoYSrc
Military Spending (% of GDP)1.2%2024▼ 2.2%WB
Military Expenditure (USD)$3.00B2024▼ 1.0%WB
Armed Forces Personnel10,0002020—WB
Armed Forces (% of labor force)0.3%2020—WB
Military Spending (% of govt expenditure)2.8%2024▼ 4.2%WB
Intentional Homicides (per 100,000)1.52022▲ 26.5%WB
▶Social Protection4 indicators · 2020 · WB
IndicatorValueYearΔ YoYSrc
Human Capital Index (0–1)0.782020—WB
Human Capital Index, Female0.792020—WB
Human Capital Index, Male0.762020—WB
Learning-Adjusted Years of School11.4 years2020—WB
▶Tourism5 indicators · 2018–2020 · WB
IndicatorValueYearΔ YoYSrc
International Tourism, Arrivals996,0002020—WB
International Tourism, Departures511,0002020—WB
Tourism Receipts (USD)$10.96B2018—WB
Tourism Expenditures (USD)$4.60B2018—WB
Tourism Receipts (% of total exports)18.8%2018—WB
▶Urban Development8 indicators · 2022–2025 · WB / WHO
IndicatorValueYearΔ YoYSrc
Urban Population Growth (%)1.7%2024▼ 26.4%WB
Population in Largest City1.7M2025▲ 1.1%WB
Population in Largest City (% of urban)38.3%2025▲ 0.3%WB
Population in Agglomerations >1M (% of total)32.1%2025▲ 0.4%WB
Population in Slums (% of urban)0.0%2022—WB
Rural Population Growth (%)1.4%2024▼ 34.0%WB
Access to Safely Managed Drinking Water (%)100.0%2024▲ 0.0%WHO
Access to Safely Managed Sanitation (%)88.8%2024▲ 0.0%WHO

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