How rich is new zealand

New Zealand is considered a wealthy country, with a high standard of living and a strong economy. Here are some key statistics that give an idea of the country's wealth:

  1. GDP (Gross Domestic Product): New Zealand's GDP is around NZD 240 billion (approximately USD 160 billion), which ranks it among the top 50 economies in the world.
  2. GDP per capita: New Zealand's GDP per capita is around NZD 54,000 (approximately USD 36,000), which is one of the highest in the world.
  3. Wealth per capita: According to the Global Wealth Report 2020 by Credit Suisse, New Zealand has a wealth per capita of around NZD 143,000 (approximately USD 95,000), ranking it 14th in the world.
  4. Inequality: New Zealand has a relatively low level of income inequality compared to other developed countries. The Gini coefficient, which measures income inequality, is around 0.33, which is lower than many other OECD countries.
  5. Natural resources: New Zealand has a rich natural environment, with significant reserves of coal, iron ore, gold, and other minerals. The country is also home to a diverse range of agricultural products, including dairy, meat, and horticultural products.
  6. Tourism: Tourism is a significant contributor to New Zealand's economy, with over 3.8 million international visitors in 2020, generating around NZD 12 billion (approximately USD 8 billion) in revenue.
  7. Education: New Zealand has a highly educated population, with a literacy rate of over 99% and a high proportion of people holding tertiary qualifications.
  8. Healthcare: New Zealand has a publicly-funded healthcare system, which provides universal access to healthcare services. The country also has a high life expectancy, with an average life expectancy of 82.5 years.

Some of the wealthiest individuals in New Zealand include:

  1. Graeme Hart: Net worth around NZD 12 billion (approximately USD 8 billion)
  2. Richard Chandler: Net worth around NZD 6 billion (approximately USD 4 billion)
  3. Stephen Tindall: Net worth around NZD 4 billion (approximately USD 2.7 billion)
  4. Sir Douglas Myers: Net worth around NZD 3 billion (approximately USD 2 billion)
  5. Sir Peter Jackson: Net worth around NZD 2 billion (approximately USD 1.3 billion)

Overall, New Zealand is considered a wealthy country with a strong economy, high standard of living, and significant natural resources.