01.03.01. Strength of the economy | New Zealand

01.03.01. Strength of the economy | New Zealand

13 Sep 2022

New Zealand is categorised by the World Bank as a high-income country (The World Bank, 2019). Gross Domestic Product for the country as of December 2019 was NZD311 billion with an annual growth rate of 2.3%, equating to a per capita GDP of NZD62,000 (~USD37,000) (Statistics NZ, 2020).

References:

Statistics NZ. (2020). Gross domestic product: December 2019 quarter. New Zealand Government Website. Available from: https://www.stats.govt.nz/information-releases/gross-domestic-product-december-2019-quarter.

The World Bank. (2019). New Zealand. The World Bank website. Available from: https://data.worldbank.org/country/NZ.