New Zealand Economic Indicators

Balance of Trade

Last: -2,108

Units In: NZD Million

New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment...

Consumer Price Index CPI

Last: 1,280

Units In: Points

Open

Current Account to GDP

Last: -6.5

Units In: % of GDP

Open

GDP Annual Growth Rate

Last: 2.2

Units In: %

In New Zealand, services are the biggest sector of the economy and account for 75 percent of total GDP. Within services the most important segments are: finance, insurance and business services (30 percent); personal and community services (13 percent), and transport and communication (11 percent). ...

Open

Government Debt to GDP

In New Zealand, interest rates decisions are taken by the Reserve Bank of New Zealand. The official interest rate is the Official Cash Rate (OCR). The OCR was introduced in March 1999 and is reviewed eight times a year by the Bank. The OCR influences the price of borrowing money in New Zealand and p...

In New Zealand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.