Economy of New Zealand

Imports

Imports commoditiesmachinery and equipment, vehicles, aircraft, petroleum, electronics, textiles, plastics

Import partnersChina 16.4%, Australia 15.2%, US 9.3%, Japan 6.5%, Singapore 4.8%, Germany 4.4% (2012)

Exports

Exports commoditiesdairy products, meat, wood and wood products, fish, machinery

Export partnersAustralia 21.1%, China 15%, US 9.2%, Japan 7% (2012)

Economy sectors

Agriculture productsdairy products, lamb and mutton; wheat, barley, potatoes, pulses, fruits, vegetables; wool, beef; fish

Industrial productsfood processing, wood and paper products, textiles, machinery, transportation equipment, banking and insurance, tourism, mining

Economy

Unemployment6.40 % (2013)6.90 % (2012)6.50 % (2011)

GDP - Official Exchange Rate181 Billion $ (2013)168 Billion $ (2012)164 Billion $ (2011)

GDP growth rate2.50 % (2013)2.70 % (2012)1.30 % (2011)

GDP per Capita (PPP)30,400 $ (2013)29,500 $ (2012)28,500 $ (2011)

GDP - Purchasing Power Parity136 Billion $ (2013)131 Billion $ (2012)126 Billion $ (2011)

GDP PPP per land area508 Thousand $ per square kilometer (2013)489 Thousand $ per square kilometer (2012)470 Thousand $ per square kilometer (2011)

Electricity

Banking

Central bank discount rate2.50 % (2009)5.00 % (2008)8.25 % (2007)

Commercial bank prime lending rate5.70 % (2013)5.82 % (2012)6.11 % (2011)

GDP decomposition by sector

Agriculture % of GDP5.00 % (2013)5.00 % (2012)

Industry % of GDP25.5 % (2013)25.3 % (2012)

Services % of GDP69.5 % (2013)69.7 % (2012)

Tourism

International tourism, number of arrivals2.47 Million (2012)2.51 Million (2011)2.44 Million (2010)

International tourism, number of departures2.17 Million (2012)2.09 Million (2011)2.03 Million (2010)

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)38.4 % of GDP (2013)38.1 % of GDP (2012)36.1 % of GDP (2011)

Current Account Balance (Percentage of GDP)-4.06 % of GDP (2012)-2.94 % of GDP (2011)-2.35 % of GDP (2010)

Current Account Balance (Total)-8.36 Billion $ (2013)-8.51 Billion $ (2012)-6.71 Billion $ (2011)

External Debt (Total)81.4 Billion $ (2013)85.2 Billion $ (2012)91.1 Billion $ (2011)

External Debt (Percentage of GDP)44.9 % of GDP (2013)50.9 % of GDP (2012)55.5 % of GDP (2011)

External Debt per Capita18,639 $ (2013)19,681 $ (2012)21,227 $ (2011)