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
- 1 decade agoFavorite 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
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%),
Inflation (CPI) 3.9%
below poverty line N/A (2004 est.)
Labour force 2.05 million (2004 est.)
Labour force by occupation agriculture (10%),
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 debt $42.84 billion (2005 est.)
Revenues $38.29 billion (2004)
Expenses $36.12 billion (2004)
- A.C.Lv 55 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.
- Anonymous1 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 google.co.nz
I think it's the Government department called ministry of economic development www.med.govt.nz that will cover most of the info you wantSource(s): www.med.govt.nz
- Anonymous5 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
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- PeilthetravelerLv 51 decade ago
Everything you need to know, straight from the CIA