New Zealand recorded a Government Budget surplus equal to 2.50 percent of the country's Gross Domestic Product in 2019. Government Budget in New Zealand averaged -0.53 percent of GDP from 1972 until 2019, reaching an all time high of 4.50 percent of GDP in 2005 and a record low of -8.90 percent of GDP in 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 provides - New Zealand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand recorded a government budget surplus of 7508 NZD Million in 2019. Government Budget Value in New Zealand averaged 43.71 NZD Million from 1972 until 2019, reaching an all time high of 7508 NZD Million in 2019 and a record low of -18396 NZD Million in 2011. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In New Zealand, the government budget refers to the Total Crown operating balance before gains and losses (OBEGAL). This page provides - New Zealand Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in New Zealand increased to 57736 NZD Million in 2019 from 57495 NZD Million in 2018. Government Debt in New Zealand averaged 25823.15 NZD Million from 1972 until 2019, reaching an all time high of 61880 NZD Million in 2016 and a record low of 405 NZD Million in 1972. This page provides - New Zealand Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand recorded a government debt equivalent to 19.20 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in New Zealand averaged 23.61 percent from 1972 until 2019, reaching an all time high of 54.80 percent in 1992 and a record low of 4.40 percent in 1974. 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 provides - New Zealand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households Debt in New Zealand increased to 163.60 percent of gross income in 2019 from 162.80 percent in 2019. Households Debt To Income in New Zealand averaged 125.77 percent from 1991 until 2019, reaching an all time high of 163.60 percent in the fourth quarter of 2019 and a record low of 56.20 percent in the first quarter of 1991. Household debt comprises mortgage loans, consumer loans such as credit cards, and student loans. This page provides - New Zealand Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans To Private Sector in New Zealand increased to 121689 NZD Million in February from 121212 NZD Million in January of 2020. Loans To Private Sector in New Zealand averaged 74194.09 NZD Million from 1998 until 2020, reaching an all time high of 121689 NZD Million in February of 2020 and a record low of 34958 NZD Million in July of 1998. This page provides - New Zealand Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in New Zealand decreased to 3592 in March from 4391 in February of 2020. Car Registrations in New Zealand averaged 2477.77 from 1974 until 2020, reaching an all time high of 6933 in June of 2017 and a record low of 810 in January of 1974. This page provides - New Zealand Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in New Zealand decreased to 38.03 Thousand Tonnes in March from 39.46 Thousand Tonnes in February of 2020. Steel Production in New Zealand averaged 65.85 Thousand Tonnes from 1992 until 2020, reaching an all time high of 89 Thousand Tonnes in August of 1995 and a record low of 30.94 Thousand Tonnes in October of 2016. This page has Steel Production values for New Zealand.

New Zealand recorded a trade surplus of 671.94 NZD Million in March of 2020. Balance of Trade in New Zealand averaged -61.66 NZD Million from 1951 until 2020, reaching an all time high of 1157.64 NZD Million in April of 2011 and a record low of -1641.63 NZD Million in August of 2019. 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: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea. This page provides the latest reported value for - New Zealand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in New Zealand increased to 5142.79 NZD Million in March from 4339.23 NZD Million in February of 2020. Imports in New Zealand averaged 1718.25 NZD Million from 1960 until 2020, reaching an all time high of 6133.86 NZD Million in October of 2018 and a record low of 37.85 NZD Million in April of 1962. New Zealand imports mainly vehicles (13 percent), nuclear reactors, boilers, machinery and mechanical appliances (13 percent), fuels (10 percent), electrical machinery and equipment (8 percent), plastics (4 percent) and aircraft, spacecraft (4 percent). Its major import partners are: China (20 percent of total imports), Australia and the US (12 percent each), Japan (7 percent), Germany (5 percent), Thailand and South Korea (4 percent each). This page provides the latest reported value for - New Zealand Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in New Zealand increased to 5814.72 NZD Million in March from 4870.70 NZD Million in February of 2020. Exports in New Zealand averaged 1433.92 NZD Million from 1951 until 2020, reaching an all time high of 5814.72 NZD Million in March of 2020 and a record low of 19.68 NZD Million 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. The country exports mainly dairy produce, birds' eggs, natural honey, edible products of animal origin (24 percent of total exports), meat and edible meat offal (14 percent), wood and articles of wood (7 percent), fruit and nuts, peel of citrus fruit or melons (5 percent) and beverages, spirits and vinegar (4 percent). The main export partners are China (18 percent of total exports), Australia (17 percent), the US (12 percent), Japan (6 percent), the UK and South Korea (3 percent each). This page provides the latest reported value for - New Zealand Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Private Sector Credit in New Zealand increased to 488689 NZD Million in March from 484051 NZD Million in February of 2020. Private Sector Credit in New Zealand averaged 175980.89 NZD Million from 1981 until 2020, reaching an all time high of 488689 NZD Million in March of 2020 and a record low of 10449 NZD Million in January of 1981. This page provides - New Zealand Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households Debt in New Zealand increased to 94.40 percent of GDP in the fourth quarter of 2019 from 93.80 percent of GDP in the third quarter of 2019. Households Debt To GDP in New Zealand averaged 71.24 percent of GDP from 1990 until 2019, reaching an all time high of 94.60 percent of GDP in the second quarter of 2019 and a record low of 27.90 percent of GDP in the fourth quarter of 1990. This page provides - New Zealand Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to APEC in New Zealand increased to 4379017567 NZD in March from 3631415389 NZD in February of 2020. Exports to APEC in New Zealand averaged 3334740935.25 NZD from 2014 until 2020, reaching an all time high of 4403024863 NZD in December of 2019 and a record low of 2514845755 NZD in August of 2016. This page includes a chart with historical data for New Zealand Exports to Apec.

Exports to ASEAN in New Zealand increased to 622998217 NZD in March from 547258270 NZD in February of 2020. Exports to ASEAN in New Zealand averaged 447960601.86 NZD from 2014 until 2020, reaching an all time high of 677414876 NZD in February of 2016 and a record low of 271740925 NZD in August of 2016. This page includes a chart with historical data for New Zealand Exports to Asean.

Exports to Australia in New Zealand increased to 737.72 NZD Million in March from 725.48 NZD Million in February of 2020. Exports to Australia in New Zealand averaged 722.86 NZD Million from 2014 until 2020, reaching an all time high of 854.85 NZD Million in September of 2018 and a record low of 526.68 NZD Million in January of 2015. This page includes a chart with historical data for New Zealand Exports to Australia.

Exports to Belgium in New Zealand increased to 21.23 NZD Million in March from 18.20 NZD Million in February of 2020. Exports to Belgium in New Zealand averaged 20.03 NZD Million from 2014 until 2020, reaching an all time high of 42.79 NZD Million in April of 2014 and a record low of 10.10 NZD Million in November of 2019. This page includes a chart with historical data for New Zealand Exports to Belgium.

Exports to Canada in New Zealand increased to 83.17 NZD Million in March from 72.29 NZD Million in February of 2020. Exports to Canada in New Zealand averaged 56.37 NZD Million from 2014 until 2020, reaching an all time high of 87.49 NZD Million in March of 2019 and a record low of 37.15 NZD Million in July of 2014. This page includes a chart with historical data for New Zealand Exports to Canada.

Exports to China in New Zealand increased to 1424.35 NZD Million in March from 1096.68 NZD Million in February of 2020. Exports to China in New Zealand averaged 987.32 NZD Million from 2014 until 2020, reaching an all time high of 1904.01 NZD Million in December of 2019 and a record low of 567.46 NZD Million in September of 2014. This page includes a chart with historical data for New Zealand Exports to China.

Exports to Europe in New Zealand increased to 648515354 NZD in March from 547640862 NZD in February of 2020. Exports to Europe in New Zealand averaged 463536673.99 NZD from 2014 until 2020, reaching an all time high of 699082018 NZD in May of 2018 and a record low of 534 NZD in April of 2014. This page includes a chart with historical data for New Zealand Exports to EUrope.

Exports to Fiji in New Zealand increased to 36308231 NZD in March from 34425438 NZD in February of 2020. Exports to Fiji in New Zealand averaged 37586967.17 NZD from 2014 until 2020, reaching an all time high of 49674899 NZD in May of 2016 and a record low of 18784778 NZD in January of 2015. This page includes a chart with historical data for New Zealand Exports to Fiji.

Exports to France in New Zealand increased to 42.85 NZD Million in March from 42.11 NZD Million in February of 2020. Exports to France in New Zealand averaged 29.46 NZD Million from 2014 until 2020, reaching an all time high of 42.85 NZD Million in March of 2020 and a record low of 18.15 NZD Million in November of 2016. This page includes a chart with historical data for New Zealand Exports to France.

Exports to Germany in New Zealand increased to 119.72 NZD Million in March from 94.10 NZD Million in February of 2020. Exports to Germany in New Zealand averaged 62.42 NZD Million from 2014 until 2020, reaching an all time high of 119.72 NZD Million in March of 2020 and a record low of 31.77 NZD Million in November of 2014. This page includes a chart with historical data for New Zealand Exports to Germany.

Exports to Hong Kong in New Zealand increased to 128.83 NZD Million in March from 55.44 NZD Million in February of 2020. Exports to Hong Kong in New Zealand averaged 81.85 NZD Million from 2014 until 2020, reaching an all time high of 166.30 NZD Million in October of 2017 and a record low of 44.46 NZD Million in January of 2015. This page includes a chart with historical data for New Zealand Exports to Hongkong.

Exports to India in New Zealand increased to 68.53 NZD Million in March from 36.73 NZD Million in February of 2020. Exports to India in New Zealand averaged 55.20 NZD Million from 2014 until 2020, reaching an all time high of 92.63 NZD Million in May of 2017 and a record low of 24.54 NZD Million in January of 2017. This page includes a chart with historical data for New Zealand Exports to India.

Exports to Indonesia in New Zealand increased to 132.39 NZD Million in March from 100.26 NZD Million in February of 2020. Exports to Indonesia in New Zealand averaged 78.47 NZD Million from 2014 until 2020, reaching an all time high of 132.39 NZD Million in March of 2020 and a record low of 38.46 NZD Million in June of 2015. This page includes a chart with historical data for New Zealand Exports to Indonesia.

Exports to Italy in New Zealand decreased to 25.02 NZD Million in March from 35.81 NZD Million in February of 2020. Exports to Italy in New Zealand averaged 29.78 NZD Million from 2014 until 2020, reaching an all time high of 47.93 NZD Million in May of 2016 and a record low of 10.36 NZD Million in June of 2019. This page includes a chart with historical data for New Zealand Exports to Italy.

Exports to Japan in New Zealand increased to 351.56 NZD Million in March from 244.49 NZD Million in February of 2020. Exports to Japan in New Zealand averaged 267.81 NZD Million from 2014 until 2020, reaching an all time high of 426.31 NZD Million in May of 2019 and a record low of 179.23 NZD Million in January of 2017. This page includes a chart with historical data for New Zealand Exports to Japan.

Exports to Malaysia in New Zealand increased to 138.85 NZD Million in March from 112.25 NZD Million in February of 2020. Exports to Malaysia in New Zealand averaged 82.39 NZD Million from 2014 until 2020, reaching an all time high of 138.85 NZD Million in March of 2020 and a record low of 44.98 NZD Million in August of 2016. This page includes a chart with historical data for New Zealand Exports to Malaysia.

Exports to Mexico in New Zealand decreased to 33.14 NZD Million in March from 37.47 NZD Million in February of 2020. Exports to Mexico in New Zealand averaged 30.55 NZD Million from 2014 until 2020, reaching an all time high of 69.48 NZD Million in January of 2016 and a record low of 10.91 NZD Million in August of 2017. This page includes a chart with historical data for New Zealand Exports to Mexico.

Exports to OECD in New Zealand increased to 2644259684 NZD in March from 2287676363 NZD in February of 2020. Exports to OECD in New Zealand averaged 2137675574.01 NZD from 2014 until 2020, reaching an all time high of 2782379274 NZD in May of 2019 and a record low of 1778272684 NZD in January of 2017. This page includes a chart with historical data for New Zealand Exports to Oecd.

Exports to Singapore in New Zealand increased to 99.49 NZD Million in March from 93.50 NZD Million in February of 2020. Exports to Singapore in New Zealand averaged 93.92 NZD Million from 2014 until 2020, reaching an all time high of 320.84 NZD Million in February of 2016 and a record low of 50.76 NZD Million in January of 2015. This page includes a chart with historical data for New Zealand Exports to Singapore.

Exports to South Korea in New Zealand increased to 189.14 NZD Million in March from 132.39 NZD Million in February of 2020. Exports to South Korea in New Zealand averaged 1650.78 NZD Million from 2014 until 2020, reaching an all time high of 109196 NZD Million in April of 2014 and a record low of 88.46 NZD Million in September of 2017. This page includes a chart with historical data for New Zealand Exports to Korea.

Exports to Taiwan in New Zealand increased to 135.63 NZD Million in March from 104.27 NZD Million in February of 2020. Exports to Taiwan in New Zealand averaged 94.29 NZD Million from 2014 until 2020, reaching an all time high of 136.61 NZD Million in July of 2018 and a record low of 59.34 NZD Million in November of 2014. This page includes a chart with historical data for New Zealand Exports to Taiwan.

Exports to Thailand in New Zealand increased to 103.46 NZD Million in March from 93.34 NZD Million in February of 2020. Exports to Thailand in New Zealand averaged 73.22 NZD Million from 2014 until 2020, reaching an all time high of 124.70 NZD Million in January of 2019 and a record low of 45.11 NZD Million in August of 2017. This page includes a chart with historical data for New Zealand Exports to Thailand.

Exports to The Philippines in New Zealand increased to 77.20 NZD Million in March from 66.62 NZD Million in February of 2020. Exports to The Philippines in New Zealand averaged 61.16 NZD Million from 2014 until 2020, reaching an all time high of 102.32 NZD Million in July of 2018 and a record low of 29.57 NZD Million in August of 2017. This page includes a chart with historical data for New Zealand Exports to The Philippines.

Exports to United Kingdom in New Zealand increased to 168.22 NZD Million in March from 159.29 NZD Million in February of 2020. Exports to United Kingdom in New Zealand averaged 126.67 NZD Million from 2014 until 2020, reaching an all time high of 181.78 NZD Million in March of 2015 and a record low of 78.40 NZD Million in November of 2016. This page includes a chart with historical data for New Zealand Exports to the United Kingdom.

Exports to United States in New Zealand increased to 623.13 NZD Million in March from 552.51 NZD Million in February of 2020. Exports to United States in New Zealand averaged 454.74 NZD Million from 2014 until 2020, reaching an all time high of 629.95 NZD Million in May of 2019 and a record low of 302.66 NZD Million in September of 2014. This page includes a chart with historical data for New Zealand Exports to USAAAAAAAAa.

Building Permits in New Zealand decreased to 2659 in March from 3380 in February of 2020. Building Permits in New Zealand averaged 2030.34 from 1995 until 2020, reaching an all time high of 3393 in June of 2004 and a record low of 992 in January of 2009. In New Zealand, Building Permits are measured by the total value of building permits. This page provides the latest reported value for - New Zealand Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Global Dairy Trade Price Index in New Zealand increased to -0.80 percent in May 5 from -4.20 percent in the previous week. Global Dairy Trade Price Index in New Zealand averaged 0.13 percent from 2009 until 2020, reaching an all time high of 22.60 percent in April of 2010 and a record low of -14 percent in July of 2010. Measures the weighted-average price of 9 dairy products sold at auction every two weeks. This page provides - New Zealand Global Dairy Trade Price Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in New Zealand increased to 4.20 percent in the first quarter of 2020 from 4 percent in the fourth quarter of 2019. Unemployment Rate in New Zealand averaged 5.95 percent from 1985 until 2020, reaching an all time high of 11.20 percent in the third quarter of 1991 and a record low of 3.30 percent in the fourth quarter of 2007. In New Zealand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - New Zealand Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in New Zealand increased to 67.50 percent in the first quarter of 2020 from 67.30 percent in the fourth quarter of 2019. Employment Rate in New Zealand averaged 62.77 percent from 1986 until 2020, reaching an all time high of 68 percent in the third quarter of 2018 and a record low of 56.40 percent in the fourth quarter of 1991. This page provides - New Zealand Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in New Zealand increased to 70.40 percent in the first quarter of 2020 from 70.10 percent in the fourth quarter of 2019. Labor Force Participation Rate in New Zealand averaged 66.72 percent from 1986 until 2020, reaching an all time high of 70.90 percent in the third quarter of 2017 and a record low of 63 percent in the first quarter of 1993. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - New Zealand Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in New Zealand increased to 14 percent in the first quarter of 2020 from 11.70 percent in the fourth quarter of 2019. Youth Unemployment Rate in New Zealand averaged 11.95 percent from 2004 until 2020, reaching an all time high of 15.30 percent in the fourth quarter of 2009 and a record low of 10.30 percent in the first quarter of 2004. This page provides - New Zealand Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in New Zealand increased to 1202 Index Points in the third quarter of 2019 from 1193 Index Points in the second quarter of 2019. Labour Costs in New Zealand averaged 923.95 Index Points from 1992 until 2019, reaching an all time high of 1202 Index Points in the third quarter of 2019 and a record low of 699.62 Index Points in the fourth quarter of 1992. Labour cost index measures changes in labour costs. These costs include base salary and ordinary-time wage rates, overtime wage rates, and non-wage labour-related costs including annual leave and statutory holidays, superannuation, ACC employer premiums, medical insurance, motor vehicles available for private use and low-interest loans. This page provides - New Zealand Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in New Zealand increased by 0.70 in March of 2020. Employment Change in New Zealand averaged 0.36 percent from 1986 until 2020, reaching an all time high of 2.50 percent in the second quarter of 2016 and a record low of -1.80 percent in the first quarter of 2009. In New Zealand, Employment Change measures the quarter-on-quarter change in the number of employed people. This page provides the latest reported value for - New Zealand Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Expectations in New Zealand decreased to 1.80 percent in the fourth quarter of 2019 from 1.86 percent in the third quarter of 2019. Inflation Expectations in New Zealand averaged 2.54 percent from 1987 until 2019, reaching an all time high of 8.30 percent in the third quarter of 1987 and a record low of 1.60 percent in the second quarter of 1994. In New Zealand, business inflation expectations refer to two-year inflation forecast. Two years is seen as the timeframe when any central bank monetary policy action will filter through to prices. This page provides - New Zealand Business Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Manufacturing in New Zealand increased to 31.23 NZD/Hour in the first quarter of 2020 from 30.78 NZD/Hour in the fourth quarter of 2019. Wages in Manufacturing in New Zealand averaged 20.43 NZD/Hour from 1989 until 2020, reaching an all time high of 31.23 NZD/Hour in the first quarter of 2020 and a record low of 12.44 NZD/Hour in the second quarter of 1989. This page provides - New Zealand Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in New Zealand increased to 8.53 percent in April from 8.50 percent in March of 2020. Bank Lending Rate in New Zealand averaged 10.45 percent from 1988 until 2020, reaching an all time high of 16.02 percent in July of 1988 and a record low of 7.50 percent in September of 1999. In New Zealand, the base lending rate is the average rate of interest charged on loans by commercial banks to new businesses. This page provides - New Zealand Base Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for New Zealand stands at AA with positive outlook. Moody's credit rating for New Zealand was last set at Aaa with stable outlook. Fitch's credit rating for New Zealand was last reported at AA with positive outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of New Zealand thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for New Zealand as reported by major credit rating agencies.