OECD Economic Surveys: New Zealand 2024
Basic Statistics of New Zealand, 2022
Copy link to Basic Statistics of New Zealand, 2022(Numbers in parentheses refer to the OECD average)*
|
LAND, PEOPLE AND ELECTORAL CYCLE |
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|---|---|---|---|---|---|
|
Population (million) |
5.1 |
|
Population density per km² |
19.5 |
(39.0) |
|
Under 15 (%) |
18.7 |
(17.2) |
Life expectancy at birth (years, 2021) |
82.2 |
(78.7) |
|
Over 65 (%) |
16.3 |
(18.0) |
Men (2021) |
80.5 |
(75.9) |
|
International migrant stock (% of population, 2019) |
22.3 |
(13.2) |
Women (2021) |
84.0 |
(81.7) |
|
Latest 5-year average growth (%) |
1.3 |
(0.4) |
Latest general election |
October 2023 |
|
|
ECONOMY |
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|
Gross domestic product (GDP) |
|
Headline inflation (y-o-y % change, 2023Q4, OECD: Nov-2023) |
4.7 |
(5.4) |
|
|
In current prices (billion USD) |
242.1 |
|
Key monetary policy rate (%, Jan-2024) |
5.5 |
|
|
In current prices (billion NZD) |
381.1 |
|
Value added shares (%, 2020, OECD: 2022) |
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|
Latest 5-year average real growth (%) |
2.9 |
(1.7) |
Agriculture, forestry and fishing |
6.1 |
(2.8) |
|
Per capita (000 USD PPP) |
51.2 |
(60.2) |
Industry including construction |
21.4 |
(28.3) |
|
Services |
72.4 |
(68.8) |
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|
GENERAL GOVERNMENT (Per cent of GDP) |
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|
Expenditure (2021, OECD: 2022) |
43.8 |
(42.9) |
Gross financial debt |
52.9 |
(113.5) |
|
Revenue (2021, OECD: 2022) |
39.6 |
(39.7) |
Net financial debt |
12.1 |
(67.6) |
|
EXTERNAL ACCOUNTS |
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|
Exchange rate (NZD per USD) |
1.57 |
|
Main exports (% of total merchandise exports) |
|
|
|
PPP exchange rate (USA = 1) |
1.45 |
|
Food and live animals |
60.0 |
|
|
In per cent of GDP |
|
Crude materials, inedible, except fuels |
11.1 |
|
|
|
Exports of goods and services |
23.8 |
(33.4) |
Machinery and transport equipment |
6.0 |
|
|
Imports of goods and services |
29.5 |
(34.8) |
Main imports (% of total merchandise imports) |
|
|
|
Current account balance |
-8.5 |
(-1.0) |
Machinery and transport equipment |
36.9 |
|
|
Net international investment position |
-50.9 |
|
Miscellaneous manufactured articles |
13.2 |
|
|
|
Manufactured goods |
12.6 |
|
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|
LABOUR MARKET, SKILLS AND INNOVATION |
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|
Employment rate (aged 15 and over, %) |
69.0 |
(57.5) |
Unemployment rate, LFS (aged 15 and over, %) |
3.3 |
(5.0) |
|
Men |
73.6 |
(65.4) |
Youth (aged 15-24, %) |
9.3 |
(10.9) |
|
Women |
64.6 |
(50.1) |
Long-term unemployed (1 year and over, %) |
0.4 |
(1.2) |
|
Participation rate (aged 15 and over, %) |
71.3 |
(60.9) |
Tertiary educational attainment (aged 25-64, %) |
39.8 |
(40.7) |
|
Average hours worked per year |
1,748 |
(1,752) |
Gross domestic expenditure on R&D (% of GDP, 2019, OECD: 2020) |
1.4 |
(2.9) |
|
ENVIRONMENT |
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|
Total primary energy supply per capita (toe) |
3.7 |
(3.8) |
CO2 emissions from fuel combustion per capita (tonnes) |
5.5 |
(7.8) |
|
Renewables (%) |
44.1 |
(12.0) |
Water abstractions per capita (1 000 m³, 2014) |
2.2 |
|
|
Exposure to air pollution (more than 10 μg/m³ of PM 2.5, % of population, 2019) |
0.0 |
(61.7) |
Municipal waste per capita (tonnes, 2018, OECD: 2020) |
0.8 |
(0.5) |
|
SOCIETY |
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|
Income inequality (Gini coefficient, 2020, OECD: latest available) |
0.320 |
(0.316) |
Education outcomes (PISA 2022 score) |
|
|
|
Relative poverty rate (%, 2020) |
12.4 |
(11.8) |
Reading |
501 |
(476) |
|
Median disposable household income (000 USD PPP, 2020) |
31.8 |
(26.6) |
Mathematics |
479 |
(472) |
|
Public and private spending (% of GDP) |
|
Science |
504 |
(485) |
|
|
Health care |
11.2 |
(9.2) |
Share of women in parliament (%) |
50.4 |
(32.5) |
|
Pensions (2021, OECD: 2019) |
5.2 |
(9.5) |
Net official development assistance (% of GNI, 2017) |
0.2 |
(0.4) |
|
Education (% of GNI, 2021) |
7.4 |
(4.4) |
|
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* The year is indicated in parenthesis if it deviates from the year in the main title of this table. Where the OECD aggregate is not provided in the source database, a simple OECD average of latest available data is calculated where data exist for at least 80% of member countries.
Source: Calculations based on data extracted from databases of the following organisations: OECD, International Energy Agency, International Labour Organisation, International Monetary Fund, United Nations, World Bank.