Questions about New Zealand?

HI i have a project to do on new zealand so i need a few things answered:

What is the economic growth rate in percent?

Some information about the political stability (ex. # of riots/revolutions)

The job availabilities (ex. unemployment rate)

The standards of living

the environmntal quality

and the opportunities for culture/entertainment

any links would be appreciated too :D


5 Answers

  • 1 decade ago
    Favorite Answer

    The Economy of New Zealand is a market economy which is greatly dependent on international trade, mainly with Australia, the United States of America, China and Japan. It is strongly dependant on tourism and agricultural exports, and has only small manufacturing and high-tech components. Economic free-market reforms of the last decades have removed many barriers to foreign investment, and the World Bank has praised New Zealand as being the most business-friendly country in the world.

    As of 2008, unemployment (at 3.4% as of December 2007) stands at its historically lowest level since the current method of surveying began in 1986, and has been very low for several years. This gives the country the 5th-best ranking in the OECD (with an OECD average of 5.5%), with the low numbers atttributed to the robust economy with its large backlog of job positions at all levels. Before economic shocks of the 1970s in particular (Britain joining the EEC), actual unemployment was also very low, possibly even lower than today - in 1959, only 21 people were officially unemployed, and the joke went around that the Prime Minister knew the name of every unemployed person.

    The percentage of the population employed also increased in recent years, to 68.8% of all inhabitants, with full-time jobs increasing slightly, and part-time occupations decreasing in turn. The increase in the working population percentage is attributed to increasing wages and higher costs of living moving more people into employment. The low unemployment does however also have disadvantages, with many companies unable to fill jobs.

    Year Gross Domestic Product

    1980 22,976

    1985 45,003

    1990 73,745

    1995 91,881

    2000 114,563

    2005 154,108

    Economy of New Zealand

    Currency 1 New Zealand Dollar (NZD$) = 100 cents

    Fiscal year 1 July - 30 June

    Trade organisations APEC, WTO and OECD


    GDP (PPP) $92.51 billion (2004 est.) (60th)

    GDP growth 4.8% (2004 est.)

    GDP per capita $23,200 (2004 est.)

    GDP by sector agriculture (4.6%),

    industry (27.4%),

    services (68%)

    Inflation (CPI) 3.9%


    below poverty line N/A (2004 est.)

    Labour force 2.05 million (2004 est.)

    Labour force by occupation agriculture (10%),

    industry (25%),

    services (65%)

    Unemployment 3.4% (Dec 2007)

    Main industries--- Food processing, Textiles, Machinery and Transportation equipment, Finance, Tourism (in NZ), Mining

    Exports $29.2 billion (2005)

    Export goods ----- tourism destination, dairy products, meat, wood and wood products, fish, machinery

    Main export partners-- Australia 19.6%, U.S. 14.3%, Japan 11.4%, the People's Republic of China 6.3%, UK 5.1%

    Imports $ 35.8 billion (2005)

    Import goods------ machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles, plastics

    Main import partners-- Australia 28.6%, Japan 10.7%, U.S. 10%, the People's Republic of China 6.6%, Germany 4.2%, Singapore 4.1% (2004)

    Gross External Debt

    Public finances

    Public debt $42.84 billion (2005 est.)

    Revenues $38.29 billion (2004)

    Expenses $36.12 billion (2004)

  • A.C.
    Lv 5
    5 years ago

    Entertainment opportunities are extremely limited, compared to other countries.

    Remember New Zealand is a tiny country of only 4 million people, that is very remote from anywhere else (that's actually a fact - NZ's capital city, Wellington, is statistically the furthest capital city from any other capital city). So we tend not to get the big touring acts or shows.

    Standard of living is reasonably good, but not as good as Australia or North America.

    Riots / revolutions? Nil. Very politically stable.

    Hope this helps.

  • Anonymous
    1 decade ago

    unemployment very low, only 3%, the lowest it's ever been. have never had politicial unstability re coups or riots, etc.

    opportunies re culture/entertainment are excellent, particularly in Auckland, Wellington, Christchurch and Dunedin (the 4 main cities).

    just google search the info on

    I think it's the Government department called ministry of economic development that will cover most of the info you want

  • Anonymous
    5 years ago

    Who ever the person is they have -4 points for the week. What kind of member badge is that? As far as I am concerned somebody is abusing their position. I would not report him. I would make an official complaint with Yahoo QA

  • How do you think about the answers? You can sign in to vote the answer.
  • 1 decade ago

    Everything you need to know, straight from the CIA

Still have questions? Get your answers by asking now.