New Zealand recorded a trade surplus of 671.94 NZD Million in March of 2020. Balance of Trade in New Zealand averaged -61.66 NZD Million from 1951 until 2020, reaching an all time high of 1157.64 NZD Million in April of 2011 and a record low of -1641.63 NZD Million in August of 2019. New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea. This page provides the latest reported value for - New Zealand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Steel Production in New Zealand decreased to 38.03 Thousand Tonnes in March from 39.46 Thousand Tonnes in February of 2020. Steel Production in New Zealand averaged 65.85 Thousand Tonnes from 1992 until 2020, reaching an all time high of 89 Thousand Tonnes in August of 1995 and a record low of 30.94 Thousand Tonnes in October of 2016. This page has Steel Production values for New Zealand.
Car Registrations in New Zealand decreased to 3592 in March from 4391 in February of 2020. Car Registrations in New Zealand averaged 2477.77 from 1974 until 2020, reaching an all time high of 6933 in June of 2017 and a record low of 810 in January of 1974. This page provides - New Zealand Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Minimum Wages in New Zealand increased to 18.90 NZD/Hour in 2020 from 17.70 NZD/Hour in 2019. Minimum Wages in New Zealand averaged 14.14 NZD/Hour from 2006 until 2020, reaching an all time high of 18.90 NZD/Hour in 2020 and a record low of 10.25 NZD/Hour in 2006. In New Zealand, minimum wage refers to the lowest gross wage per hour and normally is increased every year. In 2014 54,600 New Zealanders workers were under the minimum wage. This page provides - New Zealand Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Loans To Private Sector in New Zealand increased to 121689 NZD Million in February from 121212 NZD Million in January of 2020. Loans To Private Sector in New Zealand averaged 74194.09 NZD Million from 1998 until 2020, reaching an all time high of 121689 NZD Million in February of 2020 and a record low of 34958 NZD Million in July of 1998. This page provides - New Zealand Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Housing Index in New Zealand decreased to 0.70 percent in March from 3.10 percent in February of 2020. Housing Index in New Zealand averaged 0.55 percent from 1992 until 2020, reaching an all time high of 6.66 percent in March of 2015 and a record low of -5.10 percent in October of 2015. In New Zealand, Housing index is measured by the REINZ Monthly Housing Price Index. This page provides - New Zealand House Prices MoM Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Households Debt in New Zealand increased to 163.60 percent of gross income in 2019 from 162.80 percent in 2019. Households Debt To Income in New Zealand averaged 125.77 percent from 1991 until 2019, reaching an all time high of 163.60 percent in the fourth quarter of 2019 and a record low of 56.20 percent in the first quarter of 1991. Household debt comprises mortgage loans, consumer loans such as credit cards, and student loans. This page provides - New Zealand Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.
New Zealand recorded a government debt equivalent to 19.20 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in New Zealand averaged 23.61 percent from 1972 until 2019, reaching an all time high of 54.80 percent in 1992 and a record low of 4.40 percent in 1974. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - New Zealand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Government Debt in New Zealand increased to 57736 NZD Million in 2019 from 57495 NZD Million in 2018. Government Debt in New Zealand averaged 25823.15 NZD Million from 1972 until 2019, reaching an all time high of 61880 NZD Million in 2016 and a record low of 405 NZD Million in 1972. This page provides - New Zealand Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.
New Zealand recorded a government budget surplus of 7508 NZD Million in 2019. Government Budget Value in New Zealand averaged 43.71 NZD Million from 1972 until 2019, reaching an all time high of 7508 NZD Million in 2019 and a record low of -18396 NZD Million in 2011. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In New Zealand, the government budget refers to the Total Crown operating balance before gains and losses (OBEGAL). This page provides - New Zealand Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.
New Zealand recorded a Government Budget surplus equal to 2.50 percent of the country's Gross Domestic Product in 2019. Government Budget in New Zealand averaged -0.53 percent of GDP from 1972 until 2019, reaching an all time high of 4.50 percent of GDP in 2005 and a record low of -8.90 percent of GDP in 2011. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - New Zealand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Construction output in New Zealand increased 7.90 percent in December of 2019 over the same month in the previous year. Construction Output in New Zealand averaged 9 percent from 1966 until 2019, reaching an all time high of 46.20 percent in the first quarter of 1982 and a record low of -27.80 percent in the second quarter of 1991. This page provides - New Zealand Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Banks Balance Sheet in New Zealand increased to 603842 NZD Million in February from 586098 NZD Million in January of 2020. Banks Balance Sheet in New Zealand averaged 414201.10 NZD Million from 2004 until 2020, reaching an all time high of 603842 NZD Million in February of 2020 and a record low of 236047 NZD Million in December of 2004. This page provides the latest reported value for - New Zealand Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The inflation rate in New Zealand was recorded at 2.50 percent in the first quarter of 2020. Inflation Rate in New Zealand averaged 4.63 percent from 1918 until 2020, reaching an all time high of 44 percent in the third quarter of 1918 and a record low of -15.30 percent in the first quarter of 1923. In New Zealand, the most important category in the consumer price index is Housing and Utilities (24.2 percent of total weight). Food and Non-Alcoholic Beverages accounts for 18.8 percent; Transport for 15 percent; Recreation and Culture for 9.4 percent; Miscellaneous Goods and Services for 7.4 percent and Alcoholic beverages and Tobacco for 7 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Health; Communication and Education account for the remaining 18.2 percent of total weight. This page provides - New Zealand Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Core consumer prices in New Zealand increased 2.60 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in New Zealand averaged 2.28 percent from 1989 until 2020, reaching an all time high of 7.91 percent in the second quarter of 1990 and a record low of 0 percent in the fourth quarter of 2015. In New Zealand, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes credit services. This page provides - New Zealand Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Core Consumer Prices in New Zealand increased to 1053 points in the first quarter of 2020 from 1045 points in the fourth quarter of 2019. Core Consumer Prices in New Zealand averaged 787.07 points from 1988 until 2020, reaching an all time high of 1053 points in the first quarter of 2020 and a record low of 512.60 points in the fourth quarter of 1988. This page provides - New Zealand Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.
CPI Transportation in New Zealand decreased to 1031 points in the first quarter of 2020 from 1049 points in the fourth quarter of 2019. CPI Transportation in New Zealand averaged 950.82 points from 1999 until 2020, reaching an all time high of 1099.90 points in the fourth quarter of 2013 and a record low of 743.20 points in the second quarter of 1999. This page provides - New Zealand Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Cpi Housing Utilities in New Zealand increased to 1088 points in the first quarter of 2020 from 1078 points in the fourth quarter of 2019. Cpi Housing Utilities in New Zealand averaged 789.03 points from 1999 until 2020, reaching an all time high of 1088 points in the first quarter of 2020 and a record low of 536.80 points in the second quarter of 1999. This page provides - New Zealand CPI Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Price Index CPI in New Zealand increased to 1052 points in the first quarter of 2020 from 1044 points in the fourth quarter of 2019. Consumer Price Index CPI in New Zealand averaged 322.16 points from 1925 until 2020, reaching an all time high of 1052 points in the first quarter of 2020 and a record low of 16.50 points in the first quarter of 1933. In New Zealand, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - New Zealand Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The Consumer Price Index in New Zealand increased 0.80 percent in March of 2020 over the previous month. Inflation Rate Mom in New Zealand averaged 1.05 percent from 1925 until 2020, reaching an all time high of 8.90 percent in the fourth quarter of 1986 and a record low of -4.10 percent in the second quarter of 1932. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - New Zealand Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Money Supply M0 in New Zealand increased to 7935 NZD Million in March from 7160 NZD Million in February of 2020. Money Supply M0 in New Zealand averaged 3821.90 NZD Million from 1988 until 2020, reaching an all time high of 213058 NZD Million in February of 2017 and a record low of 1081 NZD Million in July of 1988. New Zealand Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - New Zealand Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Confidence in New Zealand decreased to 104.20 points in the first quarter of 2020 from 109.90 points in the fourth quarter of 2019. Consumer Confidence in New Zealand averaged 111.03 points from 1988 until 2020, reaching an all time high of 130.90 points in the second quarter of 1994 and a record low of 79.10 points in the first quarter of 1991. In New Zealand, the Westpac McDermott Miller Consumer Confidence Index measures the level of optimism that consumers have about the performance of the economy. The Consumer Confidence Index is calculated from percentage response to five internationally standardized questions covering consumers' personal financial circumstances, national economic expectations and attitudes to major purchases. It is 100 plus the average of the difference between positive answers and negative responses. A score above 100 shows more optimism than pessimism while a score below 100 denotes more pessimism. . This page provides the latest reported value for - New Zealand Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Tourist Arrivals in New Zealand decreased to 410778 in January from 528219 in December of 2019. Tourist Arrivals in New Zealand averaged 66091.49 from 1921 until 2020, reaching an all time high of 529255 in December of 2018 and a record low of 40 in April of 1942. In New Zealand, visitor arrivals measure the total number of overseas visitors which intended length of stay is less than 12 months. This page provides the latest reported value for - New Zealand Tourist Arrivals - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Crude Oil Production in New Zealand decreased to 20 BBL/D/1K in December from 22 BBL/D/1K in November of 2019. Crude Oil Production in New Zealand averaged 36.98 BBL/D/1K from 1994 until 2019, reaching an all time high of 72 BBL/D/1K in December of 2007 and a record low of 15 BBL/D/1K in March of 2006. This page provides the latest reported value for - New Zealand Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Credit Card Spending in New Zealand decreased to 5613 NZD Million in March from 5852 NZD Million in February of 2020. Credit Card Spending in New Zealand averaged 3938.92 NZD Million from 2002 until 2020, reaching an all time high of 5861 NZD Million in November of 2019 and a record low of 2155 NZD Million in November of 2002. In New Zealand, Electronic Retail Card Spending measures the credit card spending by individuals on consumables, durables, hospitality, apparel industry, motor vehicles and fuel. The electronic card transactions series covers all debit, credit, and charge card transactions with New Zealand-based merchants. It can be used to indicate changes in consumer spending and economic activity. This page provides - New Zealand Credit Card Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Capacity Utilization in New Zealand remained unchanged at 92.10 percent in the first quarter of 2020 from 92.10 percent in the first quarter of 2020. Capacity Utilization in New Zealand averaged 91.19 percent from 2008 until 2020, reaching an all time high of 93.70 percent in the second quarter of 2019 and a record low of 86.33 percent in the first quarter of 2009. In New Zealand, Capacity Utilization is the difference between the potential and actual use of an input. Capacity utilization is high when actual output is close to potential output because the most use is being made of labor and capital. This page provides the latest reported value for - New Zealand Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Manufacturing PMI in New Zealand increased to 53.20 points in February from 49.80 points in January of 2020. Manufacturing PMI in New Zealand averaged 53.25 points from 2002 until 2020, reaching an all time high of 62.80 points in June of 2004 and a record low of 36.10 points in November of 2008. The Business NZ Performance of Manufacturing Index (PMI) is a composite index based on the diffusion indexes for production, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - New Zealand Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Composite Pmi in New Zealand decreased to 53.10 points in February from 53.20 points in January of 2020. Composite Pmi in New Zealand averaged 53.87 points from 2007 until 2020, reaching an all time high of 59.50 points in July of 2013 and a record low of 40 points in November of 2008. This page provides - New Zealand Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Nurses in New Zealand increased to 11.02 per 1000 people in 2018 from 10.90 per 1000 people in 2017. Nurses in New Zealand averaged 9.43 per 1000 people from 1980 until 2018, reaching an all time high of 11.02 per 1000 people in 2018 and a record low of 6.05 per 1000 people in 1980. This page includes a chart with historical data for New Zealand Nurses.
Medical Doctors in New Zealand increased to 3.35 per 1000 people in 2018 from 3.28 per 1000 people in 2017. Medical Doctors in New Zealand averaged 2.05 per 1000 people from 1961 until 2018, reaching an all time high of 3.35 per 1000 people in 2018 and a record low of 1.06 per 1000 people in 1966. This page includes a chart with historical data for New Zealand Medical Doctors.
Hospitals in New Zealand increased to 33.92 per one million people in 2018 from 33.79 per one million people in 2017. Hospitals in New Zealand averaged 35.87 per one million people from 2009 until 2018, reaching an all time high of 37.92 per one million people in 2010 and a record low of 33.79 per one million people in 2017. This page includes a chart with historical data for New Zealand Hospitals.
Hospital Beds in New Zealand decreased to 2.61 per 1000 people in 2018 from 2.71 per 1000 people in 2017. Hospital Beds in New Zealand averaged 2.71 per 1000 people from 2009 until 2018, reaching an all time high of 2.83 per 1000 people in 2012 and a record low of 2.41 per 1000 people in 2009. This page includes a chart with historical data for New Zealand Hospital Beds.
The benchmark interest rate in New Zealand was last recorded at 1 percent. Interest Rate in New Zealand averaged 7.26 percent from 1985 until 2019, reaching an all time high of 67.32 percent in March of 1985 and a record low of 1 percent in August of 2019. In New Zealand, interest rates decisions are taken by the Reserve Bank of New Zealand. The official interest rate is the Official Cash Rate (OCR). The OCR was introduced in March 1999 and is reviewed eight times a year by the Bank. The OCR influences the price of borrowing money in New Zealand and provides the Reserve Bank with a means of influencing the level of economic activity and inflation. This page provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Productivity in New Zealand decreased to 127.91 points in the fourth quarter of 2019 from 128.24 points in the third quarter of 2019. Productivity in New Zealand averaged 110.53 points from 1987 until 2019, reaching an all time high of 128.24 points in the third quarter of 2019 and a record low of 86.54 points in the third quarter of 1987. In New Zealand, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - New Zealand Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.
External Debt in New Zealand decreased to 284713 NZD Million in the fourth quarter of 2019 from 294466 NZD Million in the third quarter of 2019. External Debt in New Zealand averaged 185446.44 NZD Million from 1993 until 2019, reaching an all time high of 294466 NZD Million in the third quarter of 2019 and a record low of 67673 NZD Million in the fourth quarter of 1993. In New Zealand, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - New Zealand External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The Gross Domestic Product (GDP) in New Zealand expanded 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in New Zealand averaged 2.63 percent from 1988 until 2019, reaching an all time high of 7.30 percent in the third quarter of 1993 and a record low of -2.30 percent in the first quarter of 2009. In New Zealand, services are the biggest sector of the economy and account for 75 percent of total GDP. Within services the most important segments are: finance, insurance and business services (30 percent); personal and community services (13 percent), and transport and communication (11 percent). Industry accounts for 17 percent of GDP. Within industry, manufacturing represents 13 percent of GDP while construction 4 percent. The remaining 8 percent is contributed by agriculture, fishing, forestry and mining. This page provides - New Zealand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Spending in New Zealand increased to 39814 NZD Million in the fourth quarter of 2019 from 39693 NZD Million in the third quarter of 2019. Consumer Spending in New Zealand averaged 24581.56 NZD Million from 1987 until 2019, reaching an all time high of 39814 NZD Million in the fourth quarter of 2019 and a record low of 15207 NZD Million in the first quarter of 1988. This page provides the latest reported value for - New Zealand Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Government Spending in New Zealand increased to 12469 NZD Million in the fourth quarter of 2019 from 12212 NZD Million in the third quarter of 2019. Government Spending in New Zealand averaged 8124.23 NZD Million from 1987 until 2019, reaching an all time high of 12469 NZD Million in the fourth quarter of 2019 and a record low of 5489 NZD Million in the second quarter of 1987. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides the latest reported value for - New Zealand Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Gross National Product in New Zealand decreased to 67845 NZD Million in the fourth quarter of 2019 from 67978 NZD Million in the third quarter of 2019. Gross National Product in New Zealand averaged 41982.64 NZD Million from 1987 until 2019, reaching an all time high of 67978 NZD Million in the third quarter of 2019 and a record low of 25073 NZD Million in the fourth quarter of 1991. This page provides the latest reported value for - New Zealand Gross National Product - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Gross Fixed Capital Formation in New Zealand decreased to 16080 NZD Million in the fourth quarter of 2019 from 16091 NZD Million in the third quarter of 2019. Gross Fixed Capital Formation in New Zealand averaged 9171.22 NZD Million from 1987 until 2019, reaching an all time high of 16149 NZD Million in the first quarter of 2019 and a record low of 4056 NZD Million in the second quarter of 1991. This page provides the latest reported value for - New Zealand Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Retail Sales in New Zealand increased 0.70 percent in the fourth quarter of 2019 over the previous quarter. Retail Sales MoM in New Zealand averaged 0.75 percent from 1995 until 2019, reaching an all time high of 2.90 percent in the third quarter of 2004 and a record low of -2.80 percent in the first quarter of 2009. In New Zealand, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In New Zealand, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - New Zealand Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Retail Sales in New Zealand increased 3.30 percent in the fourth quarter of 2019 over the same quarter in the previous year. Retail Sales YoY in New Zealand averaged 3.10 percent from 1996 until 2019, reaching an all time high of 9.30 percent in the first quarter of 2004 and a record low of -8 percent in the first quarter of 2009. In New Zealand, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - New Zealand Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Foreign Direct Investment in New Zealand increased by 1753 NZD Million in the fourth quarter of 2019. Foreign Direct Investment in New Zealand averaged 556.39 NZD Million from 2000 until 2019, reaching an all time high of 4526 NZD Million in the second quarter of 2019 and a record low of -7322 NZD Million in the fourth quarter of 2003. This page provides - New Zealand Foreign Direct Investment - actual values, historical data, forecast, chart, statistics, economic calendar and news.
New Zealand recorded a Current Account deficit of 2657 NZD Million in the fourth quarter of 2019. Current Account in New Zealand averaged -1066.06 NZD Million from 1971 until 2019, reaching an all time high of 1737 NZD Million in the first quarter of 2016 and a record low of -6260 NZD Million in the third quarter of 2019. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - New Zealand Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The Social Security Rate in New Zealand stands at 11 percent. Social Security Rate in New Zealand averaged 8.80 percent from 2004 until 2018, reaching an all time high of 11 percent in 2007 and a record low of 0 percent in 2005. In New Zealand, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of New Zealand because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - New Zealand Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Retirement Age Women in New Zealand remained unchanged at 65 in 2019 from 65 in 2018. This page provides - New Zealand Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.
New Zealand is the 19 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in New Zealand averaged 20.31 from 2007 until 2019, reaching an all time high of 25 in 2012 and a record low of 16 in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - New Zealand Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
GDP From Agriculture in New Zealand increased to 3389 NZD Million in the fourth quarter of 2019 from 3382 NZD Million in the third quarter of 2019. GDP From Agriculture in New Zealand averaged 2618.54 NZD Million from 1987 until 2019, reaching an all time high of 3395 NZD Million in the fourth quarter of 2018 and a record low of 1762 NZD Million in the second quarter of 1989. This page provides - New Zealand Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Retirement Age Men in New Zealand remained unchanged at 65 in 2019 from 65 in 2018. This page provides - New Zealand Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Services Pmi in New Zealand decreased to 52 points in February from 57.20 points in January of 2020. Services Pmi in New Zealand averaged 54.42 points from 2007 until 2020, reaching an all time high of 60.80 points in April of 2007 and a record low of 44.90 points in November of 2008. The Business NZ Performance of Services Index (PSI) is a composite index based on the diffusion indexes for sales, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the Services sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - New Zealand Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.