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While most New Zealanders live in New Zealand, there is also a significant diaspora abroad, estimated as of 2001 at over 460,000 or 14 percent of the international total of New Zealand-born. Of these, 360,000, over three-quarters of the New Zealand-born population residing outside of New Zealand, live in Australia.
The economy of New Zealand is a highly developed free-market economy. [23] It is the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP).
Tourism plays a significant role in the economy, contributing $12.9 billion (or 5.6%) to New Zealand's total GDP and supporting 7.5% of the total workforce in 2016. [279] In 2017, international visitor arrivals were expected to increase at a rate of 5.4% annually up to 2022.
These countries/regions could appear in this list as having a small GDP. This would be because the country/region listed has a small population, and therefore small total economy; the GDP is calculated as the population times market value of the goods and services produced per person in the country. [4]
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
Crossing the Macauley River, Lilybank Station, Canterbury, New Zealand, 1977. The gross domestic product (GDP) of the Canterbury region was estimated at NZ$44.2 billion in the year to March 2022, representing 12.4% of New Zealand's national GDP. The regional GDP per filled job was $126,733, 4.6% below the national average of $132,815.
A newspaper article on decreased do-it-yourself (DIY) retail spending in 2008 quoted an agency source: "Figures from Statistics New Zealand show DIY spend has been tracking down with the retail sector." This information helps businesses adjust to new realities. [20] Radio programs such as "Radio New Zealand National" have quoted agency data. [21]