Financial intermediation, real estate, and business activities contributed 33.9% to New Zealand's gross value added (GVA) in 2022, followed by mining, manufacturing, and utilities (13.7%), and wholesale, retail, and hotels business activities (12.3%). In nominal terms, the three sectors are expected to grow by 7.1%, 7.2%, and 7.2%, respectively, in 2023.
Auckland, Wellington, and Christchurch were home to 45.1% of New Zealand's total population in 2022. Auckland remains the country's most economically active region, contributing 32.6% to the country's GDP in 2022, according to the publisher's cities database.
The S&P/NZX 50 Gross Index has been on an upward trend. As of July 18, 2023, the index stood at 11,932.8, compared to 11,163.6 on July 18, 2022.
Auckland, Wellington, and Christchurch were home to 45.1% of New Zealand's total population in 2022. Auckland remains the country's most economically active region, contributing 32.6% to the country's GDP in 2022, according to the publisher's cities database.
The S&P/NZX 50 Gross Index has been on an upward trend. As of July 18, 2023, the index stood at 11,932.8, compared to 11,163.6 on July 18, 2022.
Scope
- According to the World Bank, Logistics Performance Index (2023), New Zealand ranked 26th out of 138 nations in 2023.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: New Zealand’s performance in country risk analysis in comparison to Asia-Pacific and World average
- Exhibit 2: Performance overview (Score: 0-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: New Zealand S&P/NZX 50 Gross Index, (July 2022 - July 2023)
- Exhibit 5: Key sectors contribution to the economy (2017-24f)
- Exhibit 6: FDI inflows, FDI outflows, FDI inward stock and FDI outward stock (2018-22)
- Exhibit 7: Greenfield FDI projects and net cross border M&A sales (2018-22)
- Exhibit 8: Key infrastructure indicators (2020)
- Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 10: Real GDP growth rate comparison (2022)
- Exhibit 11: Volume of exports and imports growth (2018-25f)
- Exhibit 12: Current account balance (2018-25f)
- Exhibit 13: Top three commodity exports, % of total exports (2018-22)
- Exhibit 14: Dairy produce; birds' eggs; natural honey; edible products of animal origin, % of world total (2022)
- Exhibit 15: Interest rates (July 2018 - July 2023)
- Exhibit 16: Exchange rate and inflation (2018-25f)
- Exhibit 17: General government deficit (2018-25f)
- Exhibit 18: General government debt (2018-25f)
- Exhibit 19: Unemployment rate (2018-25f)
- Exhibit 20: Average annual wages (2018-25f)
- Exhibit 21: Labor cost index (2018-25f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 26: Number of patents granted per million population (2021)
- Exhibit 27: High-technology exports, % of manufactured exports (2021 or latest)
- Exhibit 28: Rule of law (rankings), 2022
- Exhibit 29: Corruption perceptions index (rankings) (2022)
- Exhibit 30: Renewable energy capacity (2017-21)
- Exhibit 31: CO2 emissions (2018-22)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AuCom
- Orion Health
- The Warehouse Group
