New Zealand GDP per capita

The Gross Domestic Product per capita in New Zealand was last reported at 15296.49 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in New Zealand is equivalent to 124 percent of the world's average. Historically, from 1960 until 2010, New Zealand GDP per capita averaged 11397.5700 USD reaching an all time high of 15392.5000 USD in December of 2007 and a record low of 8042.6800 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for New Zealand GDP per capita.


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New Zealand GDP per capita


GDP per capita
The GDP dollar estimates given on this page are adjusted for inflation. The term Constant Prices refers to a metric for valuing the price of something over time, without that metric changing due to inflation or deflation. The gross domestic product per capita is the value of all final goods and services produced within a nation in a given year divided by the average (or mid-year) population for the same year. The gross domestic product (GDP) is one of the measures of national income and output for a given country's economy. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits).



NEW ZEALAND NEWS

New Zealand Trade Surplus Widens in April
Published: 5/24/2012 3:25:32 PM By: TradingEconomics.com, Statistics New Zealand
New Zealand trade balance for April 2012 was a surplus of $355 million (9.1 percent of exports). For the year ended April 2012, there was an annual trade deficit of $541 million (1.2 percent of exports).

New Zealand Uneployment Up to 6.7 in Q1
Published: 5/3/2012 6:15:24 PM By: TradingEconomics.com, Statistics New Zealand
The unemployment rate rose to 6.7 percent in the March 2012 quarter, Statistics New Zealand said on May 3rd. This is up from a revised figure of 6.4 percent last quarter. The labour force grew by 18,000, with 9,000 more people employed as well as 9,000 more people unemployed in the March 2012 quarter.

New Zealand Reports Trade Surplus in February
Published: 3/28/2012 6:06:04 PM By: TradingEconomics.com, Statistics New Zealand
In February 2012, there was a trade surplus of $161 million (4.5 percent of exports). This compares with an average surplus of 6.1 percent of exports over the previous five February months, although there was a deficit in February 2007.

New Zealand Economy Grows 0.3% in Q4
Published: 3/22/2012 10:54:32 AM By: TradingEconomics.com, Statistics New Zealand
The New Zealand economy grew by 0.3 percent in the December 2011 quarter, Statistics New Zealand said on March 22nd. This latest result follows economic growth of 0.7 percent in the September 2011 quarter.

New Zealand Leaves Rate Unchanged
Published: 3/8/2012 12:26:44 PM By: TradingEconomics.com, RBNZ
The Reserve Bank left on March 8th, the Official Cash Rate (OCR) unchanged at 2.5 percent.

New Zealand Reports Trade Deficit in January
Published: 2/29/2012 1:16:56 PM By: TradingEconomics.com, Statistics New Zealand
In January 2012, the value of exported goods rose $430 million (13 percent), to $3.7 billion. Imported goods rose $637 million (19 percent), to $3.9 billion.

New Zealand Reports Trade Surplus in December
Published: 2/2/2012 2:29:02 PM By: TradingEconomics.com, Statistics New Zealand
In December 2011, New Zealand reported a trade surplus equivalent to $338 million (7.8 percent of exports). This compares with an average deficit of 5.2 percent of exports over the previous five December months.

New Zealand Inflation Down to 1.8% in Q4
Published: 1/19/2012 7:18:29 PM By: TradingEconomics.com, Statistics New Zealand
In the year to the December 2011 quarter the CPI rose 1.8 percent. This compares with a 4.6 percent rise for the year to the September 2011 quarter. Unlike the previous four quarters, the latest annual increase does not include most of the effects of the GST increase that occurred in October 2010.

New Zealand Exports Rises in November
Published: 1/9/2012 6:00:30 PM By: TradingEconomics.com, Statistics New Zealand
In the November 2011 month compared with the November 2010 month, the value of exported goods increased $251 million (6.8 percent) to $3.9 billion. The trend for export values remains at record-high levels.

New Zealand GDP Up 0.8% in Q3
Published: 12/22/2011 1:05:40 PM By: TradingEconomics.com, Statistics New Zealand
New Zealand Gross domestic product was up 0.8 percent in the September 2011 quarter, following a 0.1 percent increase in the June 2011 quarter. The increase in the latest quarter is the fourth consecutive quarter of growth following a decline of 0.1 percent in the September 2010 quarter.

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