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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).
New Zealand has entered its second recession in 18 months after the latest round of GDP figures confirmed its economy contracted in the last quarter of 2023. The country's economy shrank by 0.1% ...
New Zealand's economy has struggled in recent years, with a recession and rising unemployment in 2024. ... two new investment categories — "Growth" and "Balanced" — will replace the "current ...
Waterfront along Auckland CBD, a major hub of economic activity. New Zealand has an advanced market economy, [236] ranked 16th in the 2022 Human Development Index, [237] and fourth in the 2022 Index of Economic Freedom. [238] It is a high-income economy with a nominal gross domestic product (GDP) per capita of US$36,254. [239]
New Zealand’s major parties have promised voters cost-of-living relief if they win Saturday’s general election, but there is one major obstacle – a central bank that says borrowing costs ...
New Zealand Meat Board; Median household income in Australia and New Zealand; Minister for Economic Development (New Zealand) Minister of Commerce and Consumer Affairs; Minister of Consumer Affairs (New Zealand)
New Zealand’s economy is expected to remain sluggish for another two years, although the overall picture is rosier than many observers had feared, new figures released Tuesday indicate. The ...
Region GDP (NZ$ billion) GDP (US$ billion) GDP per capita (NZ$) GDP per capita (US$) Northland: 10.061 6.179 49,710 30,532 Auckland: 148.732 91.351