Country Info for:
- Australia
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New Zealand Economy Overview
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Economic Environment :
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Major economic restructuring, moving the country towards a more industralised, free market economy. Dynamic growth has boosted real incomes, broadened and deepened technological capabilities of the industrial sectors. Inflation among lowest in the industrial world. GDP growth may slow down due to Asian economic crisis. :
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Industries :
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Agriculture is and has always been the backbone of New Zealand’s economy. Tourism is a major contributor to overseas earnings, while textiles, machinery, manufacturing, transportation equipment, the financial sector, and mining, all make substantial contributions to the economy.
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Infrastructure :
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Excellent domestic and international telephone system. Three main domestic airlines fly between major cities. There are also trains and ferries
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