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General profile: New Zealand

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
5.173 Millions
..
253 217 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 263 310 km²
5.73 %
0.56 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-8.2 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
21 730
31 396
34 355
41 399
Merchandise imports
26 219
30 617
36 554
49 957
Merchandise trade balance
-4 489
780
-2 198
-8 558
Export structure by product group in 2023
(as % of total exports)
6 %6 %20 %20 %10 %10 %65 %65 %
Top 5 partners in 2023
(exports, millions of US$)
11 3245 4265 0842 3281 46211 3245 4265 0842 3281 462
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
10 139
11 558
15 051
(e) 15 473
Services imports
8 399
10 225
11 996
(e) 17 299
Services trade balance
1 740
1 332
3 054
(e) -1 826
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
17.0
15.7
12.7
(e) 15.3
Travel
63.8
56.4
62.3
(e) 54.6
Other services
(e) 17.6
25.4
24.5
-
TRADE INDICES
More data on UNCTADstat
11011212211711711311210310010091838579707570631091121151131101091091001001049991979384948782
ECONOMIC TRENDS
More data on UNCTADstat
+0.6 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
114 722
146 518
178 064
253 217
GDP per capita, current US$
27 744
33 699
38 592
48 951
Real GDP growth, y-on-y, %
3.34
0.90
4.19
0.56
Current account balance, % of GDP
-6.99
-2.35
-2.60
-6.74
Exchange rate (/US$)
1.420
1.388
1.434
..
GDP by expenditure in 2022
(as % of total GDP)
58.021.026.324.529.858.021.026.324.529.8
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
-0.3 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
1 204.70
-61.62
-308.93
3 567.85
FDI outflows
-1 339.18
715.51
-58.58
-807.52
Personal remittances, % of GDP
0.31
0.25
0.30
..
Financial flows trends
(millions of US$)
677.2661.5428.5473.9509.0538.6528.1531.7535.1459.2461.8455.3370.5331.0421.4383.7334.7352.0322.3290.43 5687 9034 1173 9974 2962 2362 7232 979-3092 4371 8623 5044 238-627013 1233 5893 7061 2051 440-2 7881 752-2501 347FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-1.13
2.27
0.97
(e) -3.65
Balance, % of imports
-3.89
8.33
3.61
(e) -13.76
Normalized balance
-0.020
0.040
0.018
(e) -0.074
Trade openness²
(sum of imports and exports as % of GDP)
49524746545553525555555759575665575957
LIVING AREA
Population by living area in 2023
(% of population)
Urban 87%Urban 87%Rural 13%Rural 13%
OTHER INDICATORS
More data on UNCTADstat
0.006 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
173
327
164
128
Container port throughput (TEU)
..
2 317 619
2 930 886
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
1.70
1.20
1.08
..
Share of ICT goods, % of total imports
9.59
8.32
7.84
..
Share of workforce involved in the ICT sector
..
2.15
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024