New Zealand
New Zealand has a modern, prosperous, developed economy with an estimated GDP (PPP) of $115.624 billion (2008). The country has a relatively high standard of living with an estimated GDP per capita of $27,017 in 2008, comparable to Southern Europe. Since 2000 New Zealand has made substantial gains in median household income. New Zealand, along with Australia, largely escaped the early 2000s recession that affected most other Western countries. However GDP fell in all four quarters of 2008.
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Demographic Data |
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Economic Data |
|
Cultural & Other Data |
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|
GDP (PPP, $bn) |
116.6 |
Capital |
Wellington |
|
|
Area (sq. km.) |
268,680 |
GDP Real Growth (%) |
0.2 |
Other Large Cities |
Auckland, Christchurch |
|
Population (million) |
4.21 |
PerCap GDP ($) |
27,900 |
Primary Language |
English |
|
Population Growth % |
0.935 |
Prime Lending Rate (%) |
12.83 |
Urban Population % |
87 |
|
% Population Under 15yrs |
20.7 |
Inflation Rate% |
4.3 |
Urban Growth % |
1 |
|
Population below poverty line (%) |
NA |
Unemployment% |
4 |
Literacy (% of population) |
99 |
|
Agricultural Workers (% of population) |
7 |
Foreign Direct Investment($bn) |
72.41 |
Education spending as % of GDP |
6.2 |
|
Industrial Workers (% of population) |
19 |
Debt-External ($bn) |
59.08 |
CPI Score (1-10)* |
9.3 |
|
Service Workers (% of population) |
74 |
Exports ($bn) |
29.53 |
Corporate Income Tax % |
30 |
|
Labor Force (mil) |
2.26 |
Imports ($bn) |
31.11 |
Ease of Doing Business Ranking ** |
2 |
CURRENCY EXCHANGE RATE
05/19/09 $1 = 1.65 NZD
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