New Zealand economy

GPTKB entity

Statements (61)
Predicate Object
gptkbp:instanceOf gptkb:business
gptkbp:central_bank gptkb:Reserve_Bank_of_New_Zealand
gptkbp:country gptkb:New_Zealand
gptkbp:currency NZD
New Zealand dollar
gptkbp:ease_of_doing_business_rank 1st (2020, World Bank)
gptkbp:economic_freedom_rank 4th (2023, Heritage Foundation)
gptkbp:GDP $249 billion (2023 est.)
$251 billion (2023 est.)
gptkbp:GDP_per_capita_nominal $48,000 (2023 est.)
gptkbp:GDP_per_capita_PPP $48,500 (2023 est.)
https://www.w3.org/2000/01/rdf-schema#label New Zealand economy
gptkbp:inflation_rate 5.6% (2023 est.)
gptkbp:labour_force 2.9 million (2023 est.)
gptkbp:main_trading_partners gptkb:Australia
gptkb:China
gptkb:European_Union
gptkb:Japan
gptkb:United_States
gptkbp:mainExports gptkb:fruit
gptkb:meat
gptkb:wine
machinery
wood
dairy products
gptkbp:mainImports electronics
machinery
petroleum
pharmaceuticals
vehicles
plastics
gptkbp:mainIndustry agriculture
fishing
forestry
manufacturing
tourism
gptkbp:major_employment_sectors agriculture
manufacturing
tourism
construction
services
gptkbp:majorCity gptkb:Auckland
gptkb:Wellington
gptkb:Christchurch
gptkbp:minimum_wage NZ$22.70 per hour (2023)
gptkbp:notableFeature high standard of living
high reliance on agricultural exports
low levels of corruption
open market economy
gptkbp:poverty_rate 10% (2023 est.)
gptkbp:public_debt 38% of GDP (2023 est.)
gptkbp:stockExchange gptkb:NZX
gptkbp:tax_system gptkb:GST_(Goods_and_Services_Tax)
progressive income tax
gptkbp:trade_agreements gptkb:Australia–New_Zealand_Closer_Economic_Relations_Trade_Agreement_(CER)
gptkb:Comprehensive_and_Progressive_Agreement_for_Trans-Pacific_Partnership_(CPTPP)
gptkb:Free_Trade_Agreement_with_China
gptkb:Regional_Comprehensive_Economic_Partnership_(RCEP)
gptkbp:unemploymentRate 3.6% (2023 est.)
gptkbp:bfsParent gptkb:Number_8:_Re-wiring_the_New_Zealand_Economy
gptkbp:bfsLayer 6