New zealand wealth ranking
New Zealand is considered to be a wealthy country, with a high standard of living and a strong economy. Here are some key statistics that illustrate New Zealand's wealth ranking:
- GDP per capita: New Zealand's GDP per capita is around $43,000, which is higher than many other developed countries. (Source: World Bank, 2020)
- Human Development Index (HDI): New Zealand ranks 13th out of 189 countries in the HDI, which measures factors such as life expectancy, education, and income. (Source: United Nations Development Programme, 2020)
- Wealth per adult: According to the Credit Suisse Global Wealth Report 2020, New Zealand has a median wealth per adult of around $140,000, which is higher than many other countries.
- Income 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 countries. (Source: OECD, 2020)
- Poverty rate: New Zealand has a relatively low poverty rate, with around 10% of the population living below the poverty line. (Source: Statistics New Zealand, 2020)
Here is a ranking of New Zealand's wealth compared to other countries:
- GDP per capita: 24th out of 189 countries (World Bank, 2020)
- Human Development Index (HDI): 13th out of 189 countries (United Nations Development Programme, 2020)
- Wealth per adult: 14th out of 146 countries (Credit Suisse Global Wealth Report, 2020)
- Income inequality: 15th out of 37 countries (OECD, 2020)
- Poverty rate: 24th out of 37 countries (OECD, 2020)
Overall, New Zealand is considered to be a wealthy country with a high standard of living and a strong economy. However, there are still some areas where the country could improve, such as reducing income inequality and addressing poverty.