http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/new-zealand/current-account-to-gdpNew Zealand reported a Current Account deficit of 4.3 percent of the country's Gross Domestic Product in 2010/11 fiscal year. Historically, from 1980 until 2010, New Zealand Current Account to GDP averaged -5.0100 Percent reaching an all time high of -0.9000 Percent in December of 1988 and a record low of -8.9000 Percent in December of 1984. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for New Zealand Current Account to GDP.Statistics New ZealandFri, 25 May 2012 17:42:00 GMThttp://www.tradingeconomics.com/new-zealand/government-debt-to-gdpNew Zealand recorded a Government Debt to GDP of 37.00 percent of the country's Gross Domestic Product in 2011. Historically, from 1985 until 2010, New Zealand Government Debt To GDP averaged 41.5000 Percent reaching an all time high of 71.6000 Percent in December of 1986 and a record low of 17.4000 Percent in December of 2007. 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 includes a chart with historical data for New Zealand Government Debt To GDP.International Monetary Fund Fri, 25 May 2012 17:23:00 GMThttp://www.tradingeconomics.com/new-zealand/government-budgetNew Zealand reported a Government Budget deficit equal to 8.40 percent of the country's Gross Domestic Product in 2011. Historically, from 1988 until 2011, New Zealand Government Budget averaged 0.5100 Percent of GDP reaching an all time high of 5.7000 Percent of GDP in December of 2006 and a record low of -8.4000 Percent of GDP in December of 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 includes a chart with historical data for New Zealand Government Budget.New Zealand Treasury, ADBThu, 24 May 2012 19:03:00 GMThttp://www.tradingeconomics.com/new-zealand/balance-of-tradeNew Zealand reported a trade surplus equivalent to 355 Million NZD in April of 2012. Historically, from 1951 until 2012, New Zealand Balance of Trade averaged -38.3300 Million NZD reaching an all time high of 1158.0000 Million NZD in April of 2011 and a record low of -1251.9000 Million NZD in September of 2008. 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: meat, dairy products, forest products, fruit and vegetables, fish, and wool. New Zealand imports mainly machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles and plastics. Its main trading partners are: Australia, European Union, The United States, China and Japan. This page includes a chart with historical data for New Zealand Balance of Trade.Statistics New ZealandThu, 24 May 2012 15:23:00 GMThttp://www.tradingeconomics.com/new-zealand/importsNew Zealand imports were worth 3.5 Billion NZD in April of 2012. Historically, from 1960 until 2012, New Zealand Imports averaged 1.2900 Billion NZD reaching an all time high of 4.8200 Billion NZD in October of 2008 and a record low of 0.0400 Billion NZD in April of 1960. New Zealand imports mainly machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles and plastics. Its major import partners are: Australia, European Union, China, United States and Japan. This page includes a chart with historical data for New Zealand Imports.Statistics New ZealandThu, 24 May 2012 15:22:00 GMThttp://www.tradingeconomics.com/new-zealand/exportsNew Zealand exports were worth 3.89 Billion NZD in April of 2012. Historically, from 1951 until 2012, New Zealand Exports averaged 1.0600 Billion NZD reaching an all time high of 4.6900 Billion NZD in April of 2011 and a record low of 0.0200 Billion NZD in August of 1954. New Zealand’s economy is greatly dependent on international trade. It’s been based traditionally on exports from its very efficient agricultural system. Leading agricultural exports include meat, dairy products, forest products, fruit and vegetables, fish, and wool. The main export partners are Australia, European Union, United States, China and Japan. This page includes a chart with historical data for New Zealand Exports.Statistics New ZealandThu, 24 May 2012 15:21:00 GMThttp://www.tradingeconomics.com/new-zealand/retail-sales-annualRetail Sales in New Zealand increased 3.40 percent in March of 2012 over the same month in the previous year. Historically, from 1996 until 2012, New Zealand Annual Retail Sales averaged 3.9600 Percent reaching an all time high of 10.8000 Percent in March of 2004 and a record low of -6.9000 Percent in February of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for New Zealand Annual Retail Sales.Statistics New ZealandTue, 15 May 2012 11:37:00 GMThttp://www.tradingeconomics.com/new-zealand/retail-salesRetail Sales in New Zealand decreased 0.80 percent in March of 2012 over the previous month. Historically, from 1995 until 2012, New Zealand Retail Sales averaged 0.3500 Percent reaching an all time high of 6.5000 Percent in April of 1997 and a record low of -3.6000 Percent in March of 1997. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for New Zealand Retail Sales.Statistics New ZealandTue, 15 May 2012 11:36:00 GMThttp://www.tradingeconomics.com/new-zealand/unemployment-rateThe unemployment rate in New Zealand was last reported at 6.7 percent in the first quarter of 2012. Historically, from 1985 until 2012, New Zealand Unemployment Rate averaged 6.2700 Percent reaching an all time high of 11.2000 Percent in September of 1991 and a record low of 3.5000 Percent in December of 2007. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for New Zealand Unemployment Rate.Statistics New ZealandThu, 03 May 2012 18:14:00 GMThttp://www.tradingeconomics.com/new-zealand/business-confidenceIn New Zealand, a net 13 percent of firms surveyed expected general business conditions to improve in the next six months against the previous quarter's net 0 percent optimism. Historically, from 1970 until 2012, New Zealand Business Confidence averaged -7.3200 reaching an all time high of 73.1000 in December of 1972 and a record low of -76.4000 in December of 1974. The NZIER each quarter asks around 3500 firms about whether business conditions will deteriorate, stay the same, or improve. This page includes a chart with historical data for New Zealand Business Confidence.New Zealand Institute of EconomicsMon, 30 Apr 2012 11:29:00 GMThttp://www.tradingeconomics.com/new-zealand/interest-rateThe benchmark interest rate in New Zealand was last reported at 2.50 percent. Historically, from 1985 until 2012, New Zealand Interest Rate averaged 8.4100 Percent reaching an all time high of 67.3200 Percent in March of 1985 and a record low of 2.5000 Percent in April of 2009. 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 includes a chart with historical data for New Zealand Interest Rate.Reserve Bank of New ZealandThu, 26 Apr 2012 09:55:00 GMThttp://www.tradingeconomics.com/new-zealand/inflation-cpiThe inflation rate in New Zealand was recorded at 1.60 percent in March of 2012. Historically, from 1918 until 2012, New Zealand Inflation Rate averaged 4.9300 Percent reaching an all time high of 44.0000 Percent in September of 1918 and a record low of -15.3000 Percent in March of 1923. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for New Zealand Inflation Rate.Statistics New ZealandThu, 19 Apr 2012 11:19:00 GMThttp://www.tradingeconomics.com/new-zealand/industrial-productionIndustrial Production in New Zealand increased 0.30 percent in December of 2011. Historically, from 2006 until 2011, New Zealand Industrial Production averaged -1.4900 Percent reaching an all time high of 2.8000 Percent in March of 2010 and a record low of -10.3000 Percent in June of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for New Zealand Industrial Production.Statistics New ZealandThu, 05 Apr 2012 17:37:00 GMThttp://www.tradingeconomics.com/new-zealand/gdp-growth-annualThe Gross Domestic Product (GDP) in New Zealand expanded 1.80 percent in the fourth quarter of 2011 over the same quarter of the previous year. Historically, from 1988 until 2011, New Zealand GDP Annual Growth Rate averaged 2.2300 Percent reaching an all time high of 7.3000 Percent in September of 1993 and a record low of -3.4000 Percent in March of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for New Zealand GDP Annual Growth Rate.Statistics New ZealandTue, 03 Apr 2012 17:03:00 GMThttp://www.tradingeconomics.com/new-zealand/gdp-growthThe Gross Domestic Product (GDP) in New Zealand expanded 0.30 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 1987 until 2011, New Zealand GDP Growth Rate averaged 0.5400 Percent reaching an all time high of 2.7000 Percent in September of 1999 and a record low of -2.6000 Percent in March of 1991. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Over the past 20 years the government has transformed New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes - but left behind some at the bottom of the ladder - and broadened and deepened the technological capabilities of the industrial sector. This page includes a chart with historical data for New Zealand GDP Growth Rate.Statistics New ZealandTue, 03 Apr 2012 17:00:00 GMThttp://www.tradingeconomics.com/new-zealand/current-accountNew Zealand reported a current account deficit equivalent to 2.8 billion NZD in the fourth quarter of 2011. Historically, from 1965 until 2011, New Zealand Current Account averaged -0.9400 Billion NZD reaching an all time high of 0.5000 Billion NZD in March of 2010 and a record low of -6.0600 Billion NZD in September of 2008. 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 includes a chart with historical data for New Zealand Current Account.Statistics New ZealandTue, 03 Apr 2012 16:58:00 GMThttp://www.tradingeconomics.com/new-zealand/consumer-confidenceIn New Zealand, consumer confidence declined to 97.9 in the first quarter of 2012 from 101.3 in the fourth quarter of 2011. Historically, from 1988 until 2012, New Zealand Consumer Confidence averaged 111.1600 reaching an all time high of 130.9000 in June of 1994 and a record low of 79.1000 in March 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. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for New Zealand Consumer Confidence.WESTPAC Tue, 03 Apr 2012 16:58:00 GMThttp://www.tradingeconomics.com/new-zealand/gdp-per-capitaThe 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.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/new-zealand/gdp-per-capita-pppThe Gross Domestic Product per capita in New Zealand was last reported at 29530.55 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in New Zealand, when adjusted by Purchasing Power Parity is equivalent to 134 percent of the world's average. Historically, from 1980 until 2010, New Zealand GDP per capita PPP averaged 18346.6400 USD reaching an all time high of 29530.5500 USD in December of 2010 and a record low of 8693.4700 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for New Zealand GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/new-zealand/population Historically, from 1960 until 2010, New Zealand Population averaged 3.3400 Million reaching an all time high of 4.3700 Million in December of 2010 and a record low of 2.3700 Million in December of 1960. The total population in New Zealand was last reported at 4.37 million people in 2010 from 2.4 million in 1960, changing 82 percent during the last 50 years. New Zealand has 0.06 percent of the world´s total population which means that one person in every 1597 people on the planet is a resident of New Zealand. This page includes a chart with historical data for New Zealand's Total Population. This page includes a chart with historical data for New Zealand Population.World BankFri, 28 Oct 2011 13:56:00 GMT