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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).
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 ]
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
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]
Economic Freedom – 4th freest, at 80.6 on Index of Economic Freedom (2022), and 3rd, at 8.28 on Economic Freedom of the World index Fragile States Index, 172/177, being one of the few "sustainable" states in the world. [6] World Intellectual Property Organization: Global Innovation Index 2024, ranked 25 out of 133 countries [7]
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.
For example, it works with the New Zealand Health Information Service regarding their management of statistical information – a downloaded spreadsheet showed there were 65,120 live births registered in 2007 in the nation, and the table listed Statistics New Zealand as a source of this information. [31]