OECD Economic Surveys: New Zealand 2022
Basic statistics of New Zealand, 2019
(Numbers in parentheses refer to the OECD average)*
LAND, PEOPLE AND ELECTORAL CYCLE |
|||||
---|---|---|---|---|---|
Population (million) |
5.0 |
Population density per km² (2018) |
18.9 |
(38.4) |
|
Under 15 (%) |
19.6 |
(17.9) |
Life expectancy at birth (years, 2018) |
81.7 |
(80.2) |
Over 65 (%) |
16.0 |
(17.1) |
Men (2018) |
80.0 |
(77.6) |
International migrant stock (% of population) |
22.3 |
(13.3) |
Women (2018) |
83.5 |
(82.9) |
Latest 5-year average growth (%) |
2.0 |
(0.6) |
Latest general election |
October 2020 |
|
ECONOMY |
|||||
Gross domestic product (GDP) |
|
Value added shares (%, 2018, OECD: 2019) |
|
||
In current prices (billion USD) |
211.0 |
Agriculture, forestry and fishing |
6.4 |
(2.7) |
|
In current prices (billion NZD) |
320.1 |
Industry including construction |
22.3 |
(26.6) |
|
Latest 5-year average real growth (%) |
4.0 |
(2.2) |
Services |
71.3 |
(70.8) |
Per capita (000 USD PPP) |
44.6 |
(47.4) |
|
|
|
GENERAL GOVERNMENT (Per cent of GDP) |
|||||
Expenditure |
38.7 |
(40.6) |
Gross financial debt |
36.3 |
(108.9) |
Revenue |
38.2 |
(37.5) |
Net financial debt |
0.8 |
(68.0) |
EXTERNAL ACCOUNTS |
|||||
Exchange rate (NZD per USD) |
1.52 |
Main exports (% of total merchandise exports) |
|
||
PPP exchange rate (USA = 1) |
1.44 |
Food and live animals |
58.9 |
||
In per cent of GDP |
|
Crude materials, inedible, except fuels |
12.0 |
||
Exports of goods and services |
27.4 |
(53.6) |
Machinery and transport equipment |
6.0 |
|
Imports of goods and services |
27.4 |
(50.4) |
Main imports (% of total merchandise imports) |
|
|
Current account balance |
-2.9 |
(0.3) |
Machinery and transport equipment |
39.2 |
|
Net international investment position |
-54.8 |
Miscellaneous manufactured articles |
13.7 |
||
|
|
Manufactured goods |
11.1 |
||
LABOUR MARKET, SKILLS AND INNOVATION |
|||||
Employment rate (aged 15 and over, %) |
67.7 |
(57.5) |
Unemployment rate, Labour Force Survey (aged 15 and over, %) |
4.1 |
(5.4) |
Men |
72.6 |
(65.6) |
Youth (aged 15-24, %) |
11.3 |
(11.9) |
Women |
62.9 |
(49.9) |
Long-term unemployed (1 year and over, %) |
0.5 |
(1.3) |
Participation rate (aged 15 and over, %) |
70.5 |
(60.8) |
Tertiary educational attainment (aged 25-64, %) |
39.1 |
(38.0) |
Average hours worked per year |
1,783 |
(1,743) |
Gross domestic expenditure on R&D (% of GDP, 2017, OECD: 2018) |
1.4 |
(2.6) |
ENVIRONMENT |
|||||
Total primary energy supply per capita (toe) |
4.1 |
(3.9) |
CO2 emissions from fuel combustion per capita (tonnes) |
6.4 |
(8.3) |
Renewables (%) |
41.8 |
(10.8) |
Water abstractions per capita (1 000 m³, 2015) |
2.2 |
|
Exposure to air pollution (more than 10 g/m³ of PM2.5, % of population) |
0.0 |
(61.7) |
Municipal waste per capita (tonnes) |
0.8 |
(0.5) |
SOCIETY |
|||||
Income inequality (Gini coefficient, 2014, OECD: 2016) |
0.349 |
(0.318) |
Education outcomes (PISA score, 2018) |
|
|
Relative poverty rate (%, 2014, OECD: 2016) |
10.9 |
(11.7) |
Reading |
506 |
(457) |
Median disposable household income (000 USD PPP, 2014, OECD: 2016) |
33.5 |
(23.5) |
Mathematics |
494 |
(487) |
Public and private spending (% of GDP) |
|
Science |
508 |
(487) |
|
Health care |
9.3 |
(8.8) |
Share of women in parliament (%) |
40.8 |
(30.8) |
Pensions (2018, OECD: 2017) |
5.0 |
(8.6) |
Net official development assistance (% of GNI, 2017) |
0.2 |
(0.4) |
Education (% of GNI) |
7.4 |
(4.4) |
|
Note: 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.