{ "Introduction": { "Background": { "text": "
Polynesians settled New Zealand between the late 1200s and the mid-1300s. They called the land Aotearoa, which legend holds is the name of the canoe that Kupe, the first Polynesian in New Zealand, used to sail to the country; the name Aotearoa is now in widespread use as the local Maori name for the country. By the 1500s, competition for land and resources led to intermittent fighting between different Maori tribes as large game became extinct. Dutch explorer Abel TASMAN was the first European to see the islands in 1642 but left after an encounter with local Maori. British sea captain James COOK arrived in 1769, followed by whalers, sealers, and traders. The UK only nominally claimed New Zealand and included it as part of New South Wales in Australia. Concerns about increasing lawlessness led the UK to appoint its first British Resident in New Zealand in 1832, although the position had few legal powers. In 1835, some Maori tribes from the North Island declared independence. Fearing an impending French settlement and takeover, the majority of Maori chiefs signed the Treaty of Waitangi with the British in 1840. Land tenure issues stemming from the treaty are still being actively negotiated in New Zealand.
The UK declared New Zealand a separate colony in 1841 and granted limited self-government in 1852. Different traditions of authority and land use led to a series of wars between Europeans and various Maori tribes from the 1840s to the 1870s. Along with disease, these conflicts halved the Maori population. In the 1890s, New Zealand initially expressed interest in joining independence talks with Australia but ultimately opted against it and changed its status to an independent dominion in 1907. New Zealand provided more than 100,000 troops during each World War, many of whom fought as part of the Australia and New Zealand Army Corps (ANZAC). New Zealand reaffirmed its independence in 1947 and signed the Australia, New Zealand, and US (ANZUS) Treaty in 1951.
Beginning in 1984, New Zealand began to adopt nuclear-free policies, contributing to a dispute with the US over naval ship visits that led the US to suspend its defense obligations to New Zealand in 1986, but bilateral relations and military ties have been revitalized since the 2010s with new security agreements. A key challenge for Auckland that has emerged over the past decade is balancing concerns over China’s growing influence in the Pacific region with its role as New Zealand's largest export destination. New Zealand has close ties with Australia based to a large extent on the two nations’ common origins as British colonies and their shared military history.
high-income, globally integrated Pacific island economy; strong agriculture, manufacturing, and tourism sectors; reliant on Chinese market for exports; recovery trajectory following deep post-pandemic recession; challenges of fiscal deficits, below-average productivity, cost of living, and drop in net migration
" }, "Real GDP (purchasing power parity)": { "Real GDP (purchasing power parity) 2024": { "text": "$257.117 billion (2024 est.)" }, "Real GDP (purchasing power parity) 2023": { "text": "$257.443 billion (2023 est.)" }, "Real GDP (purchasing power parity) 2022": { "text": "$253.903 billion (2022 est.)" }, "note": "note: data in 2021 dollars" }, "Real GDP growth rate": { "Real GDP growth rate 2024": { "text": "-0.1% (2024 est.)" }, "Real GDP growth rate 2023": { "text": "1.4% (2023 est.)" }, "Real GDP growth rate 2022": { "text": "3.5% (2022 est.)" }, "note": "note: annual GDP % growth based on constant local currency" }, "Real GDP per capita": { "Real GDP per capita 2024": { "text": "$48,200 (2024 est.)" }, "Real GDP per capita 2023": { "text": "$49,100 (2023 est.)" }, "Real GDP per capita 2022": { "text": "$49,600 (2022 est.)" }, "note": "note: data in 2021 dollars" }, "GDP (official exchange rate)": { "text": "$260.236 billion (2024 est.)", "note": "note: data in current dollars at official exchange rate" }, "Inflation rate (consumer prices)": { "Inflation rate (consumer prices) 2024": { "text": "2.9% (2024 est.)" }, "Inflation rate (consumer prices) 2023": { "text": "5.7% (2023 est.)" }, "Inflation rate (consumer prices) 2022": { "text": "7.2% (2022 est.)" }, "note": "note: annual % change based on consumer prices" }, "GDP - composition, by sector of origin": { "agriculture": { "text": "4.6% (2022 est.)" }, "industry": { "text": "19.6% (2022 est.)" }, "services": { "text": "67.4% (2022 est.)" }, "note": "note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data" }, "GDP - composition, by end use": { "household consumption": { "text": "57.5% (2022 est.)" }, "government consumption": { "text": "20.9% (2022 est.)" }, "investment in fixed capital": { "text": "25.4% (2022 est.)" }, "investment in inventories": { "text": "0.9% (2022 est.)" }, "exports of goods and services": { "text": "24% (2022 est.)" }, "imports of goods and services": { "text": "-29.4% (2022 est.)" }, "note": "note: figures may not total 100% due to rounding or gaps in data collection" }, "Agricultural products": { "text": "milk, beef, kiwifruit, apples, grapes, lamb/mutton, potatoes, wheat, barley, chicken (2023)", "note": "note: top ten agricultural products based on tonnage" }, "Industries": { "text": "agriculture, forestry, fishing, logs and wood articles, manufacturing, mining, construction, financial services, real estate services, tourism" }, "Industrial production growth rate": { "text": "-1% (2023 est.)", "note": "note: annual % change in industrial value added based on constant local currency" }, "Labor force": { "text": "3.124 million (2024 est.)", "note": "note: number of people ages 15 or older who are employed or seeking work" }, "Unemployment rate": { "Unemployment rate 2024": { "text": "4.9% (2024 est.)" }, "Unemployment rate 2023": { "text": "3.8% (2023 est.)" }, "Unemployment rate 2022": { "text": "3.3% (2022 est.)" }, "note": "note: % of labor force seeking employment" }, "Youth unemployment rate (ages 15-24)": { "total": { "text": "14.3% (2024 est.)" }, "male": { "text": "14.6% (2024 est.)" }, "female": { "text": "14% (2024 est.)" }, "note": "note: % of labor force ages 15-24 seeking employment" }, "Average household expenditures": { "on food": { "text": "12.8% of household expenditures (2023 est.)" }, "on alcohol and tobacco": { "text": "4.7% of household expenditures (2023 est.)" } }, "Remittances": { "Remittances 2023": { "text": "0.3% of GDP (2023 est.)" }, "Remittances 2022": { "text": "0.2% of GDP (2022 est.)" }, "Remittances 2021": { "text": "0.3% of GDP (2021 est.)" }, "note": "note: personal transfers and compensation between resident and non-resident individuals/households/entities" }, "Budget": { "revenues": { "text": "$83.167 billion (2022 est.)" }, "expenditures": { "text": "$91.782 billion (2022 est.)" }, "note": "note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated" }, "Public debt": { "Public debt 2022": { "text": "54% of GDP (2022 est.)" }, "note": "note: central government debt as a % of GDP" }, "Taxes and other revenues": { "text": "29.6% (of GDP) (2022 est.)", "note": "note: central government tax revenue as a % of GDP" }, "Current account balance": { "Current account balance 2024": { "text": "-$15.978 billion (2024 est.)" }, "Current account balance 2023": { "text": "-$17.065 billion (2023 est.)" }, "Current account balance 2022": { "text": "-$21.627 billion (2022 est.)" }, "note": "note: balance of payments - net trade and primary/secondary income in current dollars" }, "Exports": { "Exports 2024": { "text": "$61.799 billion (2024 est.)" }, "Exports 2023": { "text": "$59.029 billion (2023 est.)" }, "Exports 2022": { "text": "$57.485 billion (2022 est.)" }, "note": "note: balance of payments - exports of goods and services in current dollars" }, "Exports - partners": { "text": "China 28%, USA 12%, Australia 12%, Japan 6%, S. Korea 3% (2023)", "note": "note: top five export partners based on percentage share of exports" }, "Exports - commodities": { "text": "milk, wood, beef, butter, sheep and goat meat (2023)", "note": "note: top five export commodities based on value in dollars" }, "Imports": { "Imports 2024": { "text": "$67.998 billion (2024 est.)" }, "Imports 2023": { "text": "$68.412 billion (2023 est.)" }, "Imports 2022": { "text": "$71.35 billion (2022 est.)" }, "note": "note: balance of payments - imports of goods and services in current dollars" }, "Imports - partners": { "text": "China 20%, Australia 11%, USA 9%, S. Korea 7%, Japan 7% (2023)", "note": "note: top five import partners based on percentage share of imports" }, "Imports - commodities": { "text": "refined petroleum, cars, gas turbines, broadcasting equipment, trucks (2023)", "note": "note: top five import commodities based on value in dollars" }, "Reserves of foreign exchange and gold": { "Reserves of foreign exchange and gold 2024": { "text": "$22.065 billion (2024 est.)" }, "Reserves of foreign exchange and gold 2023": { "text": "$15.487 billion (2023 est.)" }, "Reserves of foreign exchange and gold 2022": { "text": "$14.4 billion (2022 est.)" }, "note": "note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars" }, "Exchange rates": { "Currency": { "text": "New Zealand dollars (NZD) per US dollar -" }, "Exchange rates 2024": { "text": "1.652 (2024 est.)" }, "Exchange rates 2023": { "text": "1.628 (2023 est.)" }, "Exchange rates 2022": { "text": "1.577 (2022 est.)" }, "Exchange rates 2021": { "text": "1.414 (2021 est.)" }, "Exchange rates 2020": { "text": "1.542 (2020 est.)" } } }, "Energy": { "Electricity access": { "electrification - total population": { "text": "100% (2022 est.)" } }, "Electricity": { "installed generating capacity": { "text": "10.643 million kW (2023 est.)" }, "consumption": { "text": "40.794 billion kWh (2023 est.)" }, "transmission/distribution losses": { "text": "3.058 billion kWh (2023 est.)" } }, "Electricity generation sources": { "fossil fuels": { "text": "12.4% of total installed capacity (2023 est.)" }, "solar": { "text": "0.8% of total installed capacity (2023 est.)" }, "wind": { "text": "8% of total installed capacity (2023 est.)" }, "hydroelectricity": { "text": "59.7% of total installed capacity (2023 est.)" }, "geothermal": { "text": "17.6% of total installed capacity (2023 est.)" }, "biomass and waste": { "text": "1.5% of total installed capacity (2023 est.)" } }, "Coal": { "production": { "text": "3.011 million metric tons (2023 est.)" }, "consumption": { "text": "2.696 million metric tons (2023 est.)" }, "exports": { "text": "906,000 metric tons (2023 est.)" }, "imports": { "text": "283,000 metric tons (2023 est.)" }, "proven reserves": { "text": "6.75 billion metric tons (2023 est.)" } }, "Petroleum": { "total petroleum production": { "text": "12,000 bbl/day (2023 est.)" }, "refined petroleum consumption": { "text": "154,000 bbl/day (2024 est.)" }, "crude oil estimated reserves": { "text": "40.993 million barrels (2021 est.)" } }, "Natural gas": { "production": { "text": "3.97 billion cubic meters (2023 est.)" }, "consumption": { "text": "3.891 billion cubic meters (2023 est.)" }, "proven reserves": { "text": "31.149 billion cubic meters (2021 est.)" } }, "Energy consumption per capita": { "Total energy consumption per capita 2023": { "text": "121.647 million Btu/person (2023 est.)" } } }, "Communications": { "Telephones - fixed lines": { "total subscriptions": { "text": "660,000 (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "13 (2023 est.)" } }, "Telephones - mobile cellular": { "total subscriptions": { "text": "6.56 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "115 (2022 est.)" } }, "Broadcast media": { "text": "state-owned Television New Zealand operates multiple TV networks; state-owned Radio New Zealand operates 3 radio networks and an external shortwave radio service to the South Pacific region; a small number of national commercial TV and radio stations and many regional commercial TV and radio stations are available; cable and satellite TV systems are available (2019)" }, "Internet country code": { "text": ".nz" }, "Internet users": { "percent of population": { "text": "96% (2023 est.)" } }, "Broadband - fixed subscriptions": { "total": { "text": "1.93 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "37 (2023 est.)" } } }, "Transportation": { "Civil aircraft registration country code prefix": { "text": "ZK" }, "Airports": { "text": "206 (2025)" }, "Heliports": { "text": "62 (2025)" }, "Railways": { "total": { "text": "4,128 km (2018)" }, "narrow gauge": { "text": "4,128 km (2018) 1.067-m gauge (506 km electrified)" } }, "Merchant marine": { "total": { "text": "117 (2023)" }, "by type": { "text": "container ship 2, general cargo 12, oil tanker 3, other 100" } }, "Ports": { "total ports": { "text": "22 (2024)" }, "large": { "text": "2" }, "medium": { "text": "1" }, "small": { "text": "10" }, "very small": { "text": "9" }, "ports with oil terminals": { "text": "14" }, "key ports": { "text": "Auckland, Bluff Harbor, Gisborne, Manukau Harbor, Napier, Nelson, New Plymouth, Otago Harbor, Picton, Tauranga, Timaru, Wellington, Whangarei" } } }, "Military and Security": { "Military and security forces": { "text": "New Zealand Defense Force (NZDF): New Zealand Army, Royal New Zealand Navy, Royal New Zealand Air Force (2025)", "note": "note: the New Zealand Police, under the Minister of Police, is the primary law enforcement body agency of New Zealand and responsible for internal security