Exchange Rate Home >> Country Info >> New Zealand
New Zealand |
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Introduction
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Background:
The Polynesian Maori reached New Zealand in about A.D. 800. In 1840, their chieftains entered into a compact with Britain, the Treaty of Waitangi, in which they ceded sovereignty to Queen Victoria while retaining territorial rights. In that same year, the British began the first organized colonial settlement. A series of land wars between 1843 and 1872 ended with the defeat of the native peoples. The British colony of New Zealand became an independent dominion in 1907 and supported the UK militarily in both World Wars. New Zealand's full participation in a number of defense alliances lapsed by the 1980s. In recent years, the government has sought to address longstanding Maori grievances.
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Geography
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Freshwater withdrawal (domestic/industrial/agricultural):
total: 2.11 cu km/yr (48%/9%/42%) per capita: 524 cu m/yr (2000)
Total renewable water resources:
397 cu km (1995)
Land boundaries:
0 km
Environment - international agreements:
party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Antarctic Seals, Marine Life Conservation
Climate:
temperate with sharp regional contrasts
Map references:
Australia/Oceania
Geographic coordinates:
41 00 S, 174 00 E
Natural resources:
natural gas, iron ore, sand, coal, timber, hydropower, gold, limestone
Elevation extremes:
lowest point: Pacific Ocean 0 m highest point: Aoraki-Mount Cook 3,754 m
Terrain:
predominately mountainous with some large coastal plains
Geography - note:
about 80% of the population lives in cities; Wellington is the southernmost national capital in the world
Area:
total: 268,680 sq km land: 268,021 sq km water: NA note: includes Antipodes Islands, Auckland Islands, Bounty Islands, Campbell Island, Chatham Islands, and Kermadec Islands
Location:
Oceania, islands in the South Pacific Ocean, southeast of Australia
Coastline:
15,134 km
Area - comparative:
about the size of Colorado
Irrigated land:
2,850 sq km (2003)
Environment - current issues:
deforestation; soil erosion; native flora and fauna hard-hit by invasive species
Maritime claims:
territorial sea: 12 nm contiguous zone: 24 nm exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin
Natural hazards:
earthquakes are common, though usually not severe; volcanic activity
Land use:
arable land: 5.54% permanent crops: 6.92% other: 87.54% (2005)
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People
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Total fertility rate:
2.11 children born/woman (2008 est.)
Sex ratio:
at birth: 1.05 male(s)/female under 15 years: 1.05 male(s)/female 15-64 years: 1 male(s)/female 65 years and over: 0.83 male(s)/female total population: 0.99 male(s)/female (2008 est.)
HIV/AIDS - adult prevalence rate:
0.1% (2003 est.)
HIV/AIDS - people living with HIV/AIDS:
1,400 (2003 est.)
Life expectancy at birth:
total population: 80.24 years male: 78.33 years female: 82.25 years (2008 est.)
Literacy:
definition: age 15 and over can read and write total population: 99% male: 99% female: 99% (2003 est.)
Net migration rate:
2.62 migrant(s)/1,000 population (2008 est.)
Ethnic groups:
European 69.8%, Maori 7.9%, Asian 5.7%, Pacific islander 4.4%, other 0.5%, mixed 7.8%, unspecified 3.8% (2001 census)
Median age:
total: 36.3 years male: 35.6 years female: 37.1 years (2008 est.)
Population:
4,173,460 (July 2008 est.)
Education expenditures:
6.2% of GDP (2006)
Population growth rate:
0.971% (2008 est.)
Languages:
English (official), Maori (official), Sign Language (official)
Death rate:
7 deaths/1,000 population (2008 est.)
Infant mortality rate:
total: 4.99 deaths/1,000 live births male: 5.62 deaths/1,000 live births female: 4.33 deaths/1,000 live births (2008 est.)
HIV/AIDS - deaths:
fewer than 200 (2003 est.)
School life expectancy (primary to tertiary education):
total: 19 years male: 19 years female: 20 years (2006)
Age structure:
0-14 years: 20.9% (male 446,883/female 424,240) 15-64 years: 66.5% (male 1,390,669/female 1,385,686) 65 years and over: 12.6% (male 238,560/female 287,422) (2008 est.)
Birth rate:
14.09 births/1,000 population (2008 est.)
Religions:
Anglican 14.9%, Roman Catholic 12.4%, Presbyterian 10.9%, Methodist 2.9%, Pentecostal 1.7%, Baptist 1.3%, other Christian 9.4%, other 3.3%, unspecified 17.2%, none 26% (2001 census)
Nationality:
noun: New Zealander(s) adjective: New Zealand
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Government
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Diplomatic representation from the US:
chief of mission: Ambassador William P. McCORMICK embassy: 29 Fitzherbert Terrace, Thorndon, Wellington mailing address: P. O. Box 1190, Wellington; PSC 467, Box 1, APO AP 96531-1034 telephone: [64] (4) 462-6000 FAX: [64] (4) 499-0490 consulate(s) general: Auckland
National holiday:
Waitangi Day (Treaty of Waitangi established British sovereignty over New Zealand), 6 February (1840); ANZAC Day (commemorated as the anniversary of the landing of troops of the Australian and New Zealand Army Corps during World War I at Gallipoli, Turkey), 25 April (1915)
Suffrage:
18 years of age; universal
Government type:
parliamentary democracy
Political pressure groups and leaders:
Women's Electoral Lobby or WEL other: apartheid groups; civil rights groups; farmers groups; Maori; nuclear weapons groups; women's rights groups
Diplomatic representation in the US:
chief of mission: Ambassador Roy N. FERGUSON chancery: 37 Observatory Circle NW, Washington, DC 20008 telephone: [1] (202) 328-4800 FAX: [1] (202) 667-5227 consulate(s) general: Los Angeles, New York
International organization participation:
ADB, ANZUS (US suspended security obligations to NZ on 11 August 1986), APEC, ARF, ASEAN (dialogue partner), Australia Group, BIS, C, CP, EAS, EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, NAM (guest), NSG, OECD, OPCW, PCA, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIS, UNMIT, UNTSO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Legislative branch:
unicameral House of Representatives - commonly called Parliament (usually 120 seats; 69 members elected by popular vote in single-member constituencies including 7 Maori constituencies, and 51 proportional seats chosen from party lists; to serve three-year terms) elections: last held 8 November 2008 (next to be held not later than 27 November 2011) election results: percent of vote by party - NP 44.9%, NZLP 34%, Green Party 6.7%, NZ First 4%, ACT New Zealand 3.7%, Maori 2.4%, Progressive 0.9%, UF 0.9%, other 6.6%; seats by party - NP 58, NZLP 43, Green Party 9, ACT New Zealand 5, Maori 5, Progressive 1, UF 1 note: results of 2008 election saw the total number of seats increase to 122
Legal system:
based on English law, with special land legislation and land courts for the Maori; accepts compulsory ICJ jurisdiction with reservations
Flag description:
blue with the flag of the UK in the upper hoist-side quadrant with four red five-pointed stars edged in white centered in the outer half of the flag; the stars represent the Southern Cross constellation
Independence:
26 September 1907 (from UK)
Dependent areas:
Cook Islands, Niue, Tokelau
Government - note:
while not an official symbol, the Kiwi, a small native flightless bird, represents New Zealand
Country name (Goverment):
conventional long form: none conventional short form: New Zealand abbreviation: NZ
Political parties and leaders:
ACT New Zealand [Rodney HIDE]; Green Party [Jeanette FITZSIMONS]; Maori Party [Tariana TURIA and Pita SHARPLES]; National Party or NP [John KEY]; New Zealand First Party or NZ First [Winston PETERS]; New Zealand Labor Party or NZLP [Phil GOFF]; Progressive Party [James (Jim) ANDERTON]; United Future or UF [Peter DUNNE]
Capital:
name: Wellington geographic coordinates: 41 28 S, 174 51 E time difference: UTC+12 (17 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in October; ends third Sunday in March note: New Zealand is divided into two time zones, including Chatham Island
Constitution:
consists of a series of legal documents, including certain acts of the UK and New Zealand Parliaments, as well as The Constitution Act 1986, which is the principal formal charter; adopted 1 January 1987, effective 1 January 1987
Executive branch:
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Anand SATYANAND (since 23 August 2006) head of government: Prime Minister John KEY (since 19 November 2008); Deputy Prime Minister Bill ENGLISH (since 19 November 2008) cabinet: Executive Council appointed by the governor general on the recommendation of the prime minister elections: the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of a majority coalition is usually appointed prime minister by the governor general; deputy prime minister appointed by the governor general
Administrative divisions:
16 regions and 1 territory*; Auckland, Bay of Plenty, Canterbury, Chatham Islands*, Gisborne, Hawke's Bay, Manawatu-Wanganui, Marlborough, Nelson, Northland, Otago, Southland, Taranaki, Tasman, Waikato, Wellington, West Coast
Judicial branch:
Supreme Court; Court of Appeal; High Court; note - judges appointed by the Governor-General
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Economy
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Exports - partners:
Australia 22%, US 11.5%, Japan 9.2%, China 5.3%, UK 4.6% (2007)
Electricity - consumption:
38.93 billion kWh (2006 est.)
Central bank discount rate:
8.25% (31 December 2007)
Electricity - imports:
0 kWh (2007 est.)
Current account balance:
-$9.047 billion (2008 est.)
Debt - external:
$59.08 billion (31 December 2008 est.)
Unemployment rate:
4% (2008 est.)
Oil - exports:
14,570 bbl/day (2005)
GDP - per capita (PPP):
$28,500 (2008 est.)
Investment (gross fixed):
23.6% of GDP (2008 est.)
Stock of domestic credit:
$200.1 billion (31 December 2007)
GDP (purchasing power parity):
$118.9 billion (2008 est.)
GDP (official exchange rate):
$135.7 billion (2008 est.)
Distribution of family income - Gini index:
36.2 (1997)
Exchange rates:
New Zealand dollars (NZD) per US dollar - 1.4151 (2008 est.), 1.3811 (2007), 1.5408 (2006), 1.4203 (2005), 1.5087 (2004)
GDP - real growth rate:
0.6% (2008 est.)
Stock of money:
$24.2 billion (31 December 2007)
Labor force:
2.26 million (2008 est.)
Imports - partners:
Australia 20.7%, China 13.4%, US 9.7%, Japan 9.5%, Singapore 4.9%, Germany 4.7% (2007)
Inflation rate (consumer prices):
4.3% (2008 est.)
GDP - composition by sector:
agriculture: 4.4% industry: 26% services: 69.6% (2008 est.)
Oil - imports:
137,300 bbl/day (2005)
Exports:
$29.53 billion (2008 est.)
Natural gas - consumption:
4.572 billion cu m (2007 est.)
Currency (code):
New Zealand dollar (NZD)
Economy - overview:
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. Per capita income has risen for nine consecutive years and reached $28,500 in 2008 in purchasing power parity terms. Debt-driven consumer spending drove robust growth in the first half of the decade, helping fuel a large balance of payments deficit that posed a challenge for economic managers. Inflationary pressures caused the central bank to raise its key rate steadily from January 2004 until it was among the highest in the OECD in 2007-2008; international capital inflows attracted to the high rates further strengthened the currency and housing market, however, aggravating the current account deficit. The economy fell into recession in 2008, and in line with global peers, the central bank has cut interest rates aggressively; the new government is responding with plans to raise productivity growth and develop infrastructure.
Economic aid - donor:
ODA, $259 million (2006)
Natural gas - exports:
0 cu m (2007 est.)
Imports - commodities:
machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles, plastics
Industries:
food processing, wood and paper products, textiles, machinery, transportation equipment, banking and insurance, tourism, mining
Electricity - exports:
0 kWh (2007 est.)
Population below poverty line:
NA%
Commercial bank prime lending rate:
12.83% (31 December 2007)
Stock of quasi money:
$117.8 billion (31 December 2007)
Electricity - production:
42.41 billion kWh (2007 est.)
Imports:
$31.11 billion (2008 est.)
Oil - proved reserves:
55 million bbl (1 January 2008 est.)
Labor force - by occupation:
agriculture: 7% industry: 19% services: 74% (2006 est.)
Natural gas - proved reserves:
29.67 billion cu m (1 January 2008 est.)
Reserves of foreign exchange and gold:
$15.25 billion (31 December 2008 est.)
Oil - consumption:
158,400 bbl/day (2007 est.)
Stock of direct foreign investment - abroad:
$NA
Public debt:
22.9% of GDP (2008 est.)
Stock of direct foreign investment - at home:
$72.41 billion (2008 est.)
Market value of publicly traded shares:
$47.45 billion (31 December 2007)
Currency code:
NZD
Household income or consumption by percentage share:
lowest 10%: %NA highest 10%: %NA
Exports - commodities:
dairy products, meat, wood and wood products, fish, machinery
Electricity - production by source:
fossil fuel: 31.6% hydro: 57.8% nuclear: 0% other: 10.7% (2001)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - production:
4.573 billion cu m (2007 est.)
Budget:
revenues: $55.1 billion expenditures: $54.66 billion (2008 est.)
Fiscal year:
1 April - 31 March note: this is the fiscal year for tax purposes
Oil - production:
47,850 bbl/day (2007 est.)
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Communications
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Internet users:
3.36 million (2007)
Telephones - main lines in use:
1.706 million (2007)
Televisions:
1.926 million (1997)
Internet country code:
.nz
Radio broadcast stations:
AM 124, FM 290, shortwave 4 (1998)
Radios:
3.75 million (1997)
Telephones - mobile cellular:
4.245 million (2007)
Television broadcast stations:
41 (plus about 700 repeaters) (1997)
Telephone system:
general assessment: excellent domestic and international systems domestic: NA international: country code - 64; the Southern Cross submarine cable system provides links to Australia, Fiji, and the US; satellite earth stations - 8 (1 Inmarsat - Pacific Ocean, 7 other)
Internet Service Providers (ISPs):
36 (2000)
Internet hosts:
1.72 million (2008)
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Transportation
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Pipelines:
condensate 331 km; gas 1,896 km; liquid petroleum gas 172 km; oil 288 km; refined products 260 km (2007)
Railways:
total: 4,128 km narrow gauge: 4,128 km 1.067-m gauge (506 km electrified) (2006)
Ports and terminals:
Auckland, Lyttelton, Marsden Point, Tauranga, Wellington, Whangarei
Merchant marine:
total: 13 by type: bulk carrier 3, cargo 2, chemical tanker 1, passenger/cargo 4, petroleum tanker 1, roll on/roll off 2 foreign-owned: 3 (Australia 1, Germany 1, South Africa 1) registered in other countries: 5 (Antigua and Barbuda 2, Cook Islands 1, France 1, UK 1) (2008)
Airports - with paved runways:
total: 41 over 3,047 m: 2 2,438 to 3,047 m: 1 1,524 to 2,437 m: 11 914 to 1,523 m: 26 under 914 m: 1 (2007)
Roadways:
total: 93,576 km paved: 61,564 km (includes 172 km of expressways) unpaved: 32,012 km (2006)
Airports - with unpaved runways:
total: 80 1,524 to 2,437 m: 3 914 to 1,523 m: 31 under 914 m: 46 (2007)
Airports:
121 (2007)
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Military
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Military service age and obligation:
17 years of age for voluntary military service; soldiers cannot be deployed until the age of 18; no conscription (2008)
Manpower available for military service:
males age 16-49: 1,009,298 females age 16-49: 997,134 (2008 est.)
Manpower fit for military service:
males age 16-49: 833,073 females age 16-49: 822,807 (2008 est.)
Military branches:
New Zealand Defense Force (NZDF): New Zealand Army, Royal New Zealand Navy, Royal New Zealand Air Force (2009)
Manpower reaching militarily significant age annually:
male: 31,834 female: 30,243 (2008 est.)
Military expenditures:
1% of GDP (2005 est.)
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Transnational Issues
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Disputes - international:
asserts a territorial claim in Antarctica (Ross Dependency)
Illicit drugs:
significant consumer of amphetamines
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