New Zealand Economy - 1986

GEOGRAPHICAL NAMES 

GDP; $21.7 billion (year ending March 19851, $5,060 per capita; real average annual growth (1975-85), 1.1%

Natural resources: natural gas, iron sand, coal, timber

Agriculture: fodder and silage crops, 10% of land in use is planted in field crops, mam products—wool, meat, dairy products; food surplus country

Fishing, catch 138,000 metric tons (1983); exports—130,000 metric tons valued at $300 million (1984)

Major industries: food processing, wood and paper products, textile production, machinery, transport equipment

Electric power: 7,473,000 kW capacity (1985); 26.307 billion kWh produced (1985), 8,040 kWh per capita

Exports: $5.5 billion (f.o b., year ending June 1985); principal products—beef, wool, dairy

Imports: $6.0 billion (c.i.f., year ending June 1985); principal products—petroleum, cars, trucks, machinery and electrical equipment, iron and steel, petroleum products

Major trade partners: (trade year 1982/83) exports—15% Japan, 16% Australia, 15% US, 9% UK; imports—20% Japan, 19% Australia, 17% US, 9% UK, 5% FRG

Aid: ODA and OOF economic aid commitments (1970-83), $406 million

Budget: (1984/85) expenditures, $7.3 billion; receipts, $6.0 billion; deficit, $1.3 billion

Monetary conversion rate: NZ$1.88=US$ 1 (5 February 1986)

Fiscal year: 1 April-31 March

NOTE: The information regarding New Zealand on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of New Zealand 1986 information contained here. All suggestions for corrections of any errors about New Zealand 1986 should be addressed to the CIA or the source cited on each page.