As
per International Monetary Fund (IMF) New Zealand’s nominal gross domestic
product is expected to grow at a CAGR of 4.94% from it’s 2015 level of NZD
247.413 billion and reach NZD 346.839 billion by 2022.
New
Zealand is an island country in the southwestern Pacific Ocean. The country
geographically comprises two main landmasses, that of the North Island, or Te
Ika-a-Māui, and the South Island, or Te Waipounamu and numerous smaller
islands. New Zealand is situated some 900 miles east of Australia across the
Tasman Sea and roughly 600 miles south of the Pacific island areas of New
Caledonia, Fiji, and Tonga. Because of its remoteness, it was one of the last
lands to be settled by humans.
New
Zealand had population of 4.746 million in the year 2016 and expected to reach
5.115 million by 2022. New Zealands 2.446% million population was employed in
2016 and the unemployment rate was 5.075% of total labor force.
New
Zealands real gross domestic product (GDP) was around NZD 230.628 billions in
2016 whereas the nominal GDP was NZD 261.12 billions. This resulted in GDP
deflator 113.221. Per capita GDP was USD 38345.40 whereas purchasing power
parity (PPP) based per capita GDP was USD 37293.98. The output gap for New
Zealand in 2016 was negative at 0.106% of the potential GDP
In
2016, New Zealand governments revenue was NZD 90.833 billions whereas the
expenditure was NZD 89.219 billions. This resulted New Zealand governments net
lending / borrowing at NZD 1.614 billion in 2016 indicating that enough
financial resources were made available by the government to boost economic
growth.
The
current account balance for New Zealand was negative at USD 4.957 billions for
the year 2016 and is expected to decline at a CAGR of 5.92% and reach USD 8.716
by 2022. This negative current account balance indicates the New Zealand is a
net borrower from the whole world.
Scope of the New Zealand PESTEL Analysis, SWOT Analysis and
Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for New Zealand.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for New Zealand.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for New Zealand.
- These reports provide risk analysis for New Zealand.
For
more information and to purchase New
Zealand PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/new-zealand-pestel-analysis-market-research-report
For
more information and to purchase New
Zealand SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/new-zealand-swot-analysis-market-research-report
For
more information and to purchase New
Zealand Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/new-zealand-risk-analysis-market-research-report
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