New zealand gdp
New Zealand's Gross Domestic Product (GDP) is the total value of all final goods and services produced within the country's borders over a specific time period, typically a year. Here are some key statistics about New Zealand's GDP:
Current GDP (2022 estimate):
- Nominal GDP: NZD 342 billion (approximately USD 220 billion)
- Real GDP: NZD 314 billion (approximately USD 200 billion)
GDP growth rate (2022 estimate):
- Nominal GDP growth rate: 4.5%
- Real GDP growth rate: 3.5%
GDP per capita (2022 estimate):
- Nominal GDP per capita: NZD 64,000 (approximately USD 41,000)
- Real GDP per capita: NZD 59,000 (approximately USD 38,000)
GDP composition (2022 estimate):
- Services sector: 74.3%
- Financial services: 14.1%
- Professional services: 12.1%
- Healthcare and social services: 10.3%
- Education: 8.5%
- Industry sector: 21.4%
- Manufacturing: 6.3%
- Construction: 5.5%
- Mining: 2.5%
- Primary sector: 4.3%
- Agriculture: 2.5%
- Forestry: 1.1%
- Fishing and aquaculture: 0.7%
GDP by region (2022 estimate):
- North Island: 64.1%
- South Island: 35.9%
GDP by industry (2022 estimate):
- Agriculture, forestry, and fishing: 5.4%
- Manufacturing: 12.1%
- Construction: 7.3%
- Wholesale and retail trade: 14.1%
- Accommodation and food services: 6.3%
- Transport and storage: 5.5%
- Information and communication: 4.5%
- Financial and insurance services: 14.1%
- Professional, scientific, and technical services: 12.1%
- Public administration and defense: 6.3%
- Education: 8.5%
- Healthcare and social services: 10.3%
Note: These figures are estimates and may vary depending on the source and methodology used.