Oceania > New Zealand > Economy

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Agriculture > products wheat, barley, potatoes, pulses, fruits, vegetables; wool, beef, lamb and mutton, dairy products; fish
Big Mac Index	$3.08		[9th of 65]
Definition: Economy > Big Mac Index
Source: CIA World Factbook, 28 July 2005
Business efficiency	75.459		[16th of 51]
Definition: Economy > Business efficiency
Source: The Economist.
Commitment to foreign aid	13%		[15th of 18]
Definition: Economy > Commitment to foreign aid
Source: IMD International, 2005
Debt > External	$51,440,000,000.00		[46th of 136]
Definition: Economy > Debt > External
Source: UNDP, Human Development Report 1998 (Oxford University Press, Oxford 1998)
Distribution of family income > Gini index	36.2		[15th of 43]
Definition: Economy > Distribution of family income > Gini index
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Economic freedom	3.3		[3rd of 156]
Definition: Economy > Economic freedom
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Economy > Overview Over the past 20 years the government has transformed New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes - but left behind many at the bottom of the ladder - and broadened and deepened the technological capabilities of the industrial sector. Per capita income has risen for eight consecutive years and reached $27,300 in 2007 in purchasing power parity terms. Consumer and government spending have driven growth in recent years, and exports picked up in 2006 after struggling for several years. Exports were equal to about 22% of GDP in 2007, down from 33% of GDP in 2001. Thus far the economy has been resilient, and the Labor Government promises that expenditures on health, education, and pensions will increase proportionately to output. Inflationary pressures have built in recent years and the central bank raised its key rate 13 times since January 2004 to finish 2007 at 8.25%. A large balance of payments deficit poses another challenge in managing the economy.
Definition: Economy > Economy > Overview
Source: The Heritage Foundation
Exports	$27,350,000,000.00		[59th of 189]
Definition: Economy > Exports
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GDP	$103,873,200,000.00		[49th of 203]
Definition: Economy > GDP
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GDP > PPP	$93,047,000,000.00		[56th of 163]
Definition: Economy > GDP > PPP
Source: World Development Indicators database and CIA World Factbook
GDP > Real growth rate	3.1%		[147th of 198]
Definition: Economy > GDP > Real growth rate
Source: World Bank. 2005. World Development Indicators 2005.
GDP per capita in 1950	$8,495.00		[3rd of 52]
Definition: Economy > GDP per capita in 1950
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GDP per capita in 1973	$12,575.00		[9th of 52]
Definition: Economy > GDP per capita in 1973
Source: Angus Maddison
GINI index	36.17		[11th of 40]
Definition: Economy > GINI index
Source: Angus Maddison
Gross National Income	$51,000,100,000.00		[43rd of 172]
Definition: Economy > Gross National Income
Source: World Development Indicators database
Human Development Index	0.933		[19th of 178]
Definition: Economy > Human Development Index
Income category High income: OECD
Definition: Economy > Income category
Source: Human Development Report 2006, United Nations Development Programme
Public debt	20.7 % of GDP		[92nd of 121]
Definition: Economy > Public debt
Source:
Technological achievement	0.55		[13th of 68]
Definition: Economy > Technological achievement
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008

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