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New Zealand GDP per capita 2022

New Zealand GDP per capita 1970-2019 Data 2020-2021

The Gross Domestic Product per capita in New Zealand was last recorded at 38993 US dollars in 2019. The GDP per Capita in New Zealand is equivalent to 309 percent of the world's average. GDP per capita in New Zealand averaged 28175.94 USD from 1970 until 2019, reaching an all time high of 38993 USD in 2019 and a record low of 19988.50 USD in 1970 Largest quarterly fall in New Zealand economy on record Economic activity, as measured by gross domestic product (GDP), was down 12.2 percent in the June 2020 quarter. This is the largest quarterly decline in GDP on record. On an annual basis, GDP declined 2.0 percent over the year ended June 2020 New Zealand Gross Domestic Product (GDP) per Capita reached 41,563.905 USD in Mar 2020, compared with 42,436.795 USD in Mar 2019. New Zealand GDP Per Capita data is updated yearly, available from Mar 1961 to Mar 2020, with an average number of 12,681.410 USD

Constant GDP per capita for New Zealand (NYGDPPCAPKDNZL

Annual growth in GDP per capita fell 0.2 percent in the year to March 2020, down from growth of 1.5 percent in the year to March 2019. RGNDI per capita fell 2.2 percent in the quarter but rose 1.0 percent over the year to March 2020. The estimates of New Zealand's resident population used to calculate per capita rates are subject to revision GDP per capita (current US$) - New Zealand from The World Bank: Data. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out . Data. GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. CSV XML EXCEL 38,675 (US dollars) in 2020 In 2020, GDP per capita for New Zealand was 38,675 US dollars. GDP per capita of New Zealand increased from 13,664 US dollars in 2001 to 38,675 US dollars in 2020 growing at an average annual rate of 6.24%. The description is composed by our digital data assistant

GDP Growth and GDP per capita Growth of New Zealand. Estimates by world bank since 1961. Projections by IMF Gross domestic product (GDP), US dollars/capita, 2020. 43 636 US$ per capita. Projected growth rate: % Debt. Household debt, % of net disposable income, 2018. Q2-2020 New Zealand Per 100 inhabitants: Total Per 100 inhabitants Q4-2010-Q2-2020 New Zealand (red), OECD - Total (black) Total Per 100 inhabitant GDP - per capita: $39,000 (2017 est.) $38,600 (2016 est.) $37,900 (2015 est.) note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 48 [see also: GDP - per capita country ranks] Gross national saving New Zealand gdp per capita for 2019 was $42,084, a 2.02% decline from 2018. New Zealand gdp per capita for 2018 was $42,950, a 0.23% increase from 2017. New Zealand gdp per capita for 2017 was $42,849, a 6.84% increase from 2016. New Zealand gdp per capita for 2016 was $40,106, a 3.86% increase from 2015 The Gross Domestic Product per capita in New Zealand was last recorded at 42887.52 US dollars in 2019, when adjusted by purchasing power parity (PPP). The GDP per Capita, in New Zealand, when adjusted by Purchasing Power Parity is equivalent to 241 percent of the world's average. GDP per capita PPP in New Zealand averaged 34785.51 USD from 1990 until 2019, reaching an all time high of 42887.52.

IMPACT OF COVID-19: As of December 1, 2020, 25 deaths had been attributed to the pandemic in New Zealand, and the economy was forecast to contract by 6.1 percent for the year The economy of New Zealand is a highly developed free-market economy. It is the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP). New Zealand has a large GDP for its population of 5 million, and sources of revenue are spread throughout the large island nation In 2020, GDP per capita based on PPP for New Zealand was 41,072 international dollars. GDP per capita based on PPP of New Zealand increased from 22,768 international dollars in 2001 to 41,072 international dollars in 2020 growing at an average annual rate of 3.20%. The description is composed by our digital data assistant Year ended March 2020, NZD per person. GDP per capita of the Gisborne Region, New Zealand 2000-2020, NZD per person GDP per capita of the West Coast Region, New Zealand 2000-2020, NZD per person GDP per capita of the Auckland Region, New Zealand 2000-2020, NZD per person GDP per capita of the Northland Region, New Zealand 2000-2020, NZD per person GDP per capita of the Manawatū. The statistic shows gross domestic product (GDP) per capita in New Zealand from 2015 to 2019, with projections up until 2025. GDP is the total value of all goods and services produced in a country.

New Zealand ranks No. 7 overall in the U.S. News Best Countries ranking. Explore photos, statistics and additional rankings of New Zealand. GDP Per Capita, PPP $45,382. GDP $207 billion. New Zealand Economic Chart Pack - March 2020 Page 3 Aggregate Output -1 Production GDP Growth Source: Statistics New Zealand Tradable & Non-tradable Activity Source: Statistics New Zealand Components of Production GDP Sources: Statistics New Zealand, The Treasury Production GDP per Capita Growth Source: Statistics New Zealand

Gross domestic product: June 2020 quarter Stats N

New Zealand Inflation Rate Forecast 2016-2020

New Zealand GDP per Capita, 1961 - 2021 Dat

Population/New Zealand GDP (Gross Domestic Product) was INT$0.00billion for 2020 in PPP terms. World Economics makes available of world's most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. - World Economic This article is a list of the countries of the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.. As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the. New Zealand: The economy swings back to contraction in Q4 as border closure hits tourism sector hard. March 18, 2021. GDP dropped 1.0% in seasonally-adjusted quarter-on-quarter terms in Q4 2020, as the important tourism sector was weighed down by border closures in the peak season. Read more. More news GDP growth (annual %) - New Zealand from The World Bank: Data. GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. CSV XML EXCEL. DataBank. Online tool for visualization and analysis. WDI Tables Yale Center for Environmental Law & Policy. Center for International Earth Science Information Network Earth Institute, Columbia University. With support from The McCall MacBain Foundatio

Gross Domestic Product of New Zealand fell -1.1% in 2020 compared to last year. This rate is 31 -tenths of one percent less than the previous year, when changed 2%. The GDP figure in 2020 was $209,329 million, New Zealand is number 50 in the ranking of GDP of the 196 countries that we publish Real GDP per capita. $42,888 (2019 est.) $42,370 (2018 est.) $41,493 (2017 est.) New Zealand dollars (NZD) per US dollar - 1.41794 (2020 est.) 1.52334 (2019 est.) 1.45709 (2018 est.) (2020) domestic: fixed-line 37 per 100 and mobile-cellular telephone subscribership 135 per 100 persons. Below are a couple of graphs that might be useful for showing the regional differences in New Zealand GDP and the GDP per capita - Year end 31 March 2020. The value of the New Zealand economy is $323,142m whilst the average income in the country is $64,079. 14 of the 15 regions experienced an increase in GDP (the West Coast was the only. New Zealand GDP Value was 207 USD Billion in 2021. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. Structure of New Zealand GDP: from agriculture, manufacturing, mining and services Graph and download economic data for Gross Domestic Product Per Capita for New Zealand (PCAGDPNZA646NWDB) from 1960 to 2019 about New Zealand, per capita, and GDP

Data compiled as of September 2020 NEW ZEALAND $43,953 per capita UNEMPLOYMENT: 4.1% INFLATION (CPI): Public debt is equivalent to 30.2 percent of GDP. New Zealand has lost a little ground. On an annual basis, GDP declined 2.0% over the year ending June 30, 2020, according to the national statistics office. The 12.2% figure was below the 16% mark predicted by the government National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products United States has a GDP per capita of $59,800 as of 2017, while in New Zealand, the GDP per capita is $39,000 as of 2017. Life be 52.6% less likely to die during childbirt

SDG 8: Decent Work and Economic Growth – Sustaining

As a percentage of GDP These New Zealand: 18.9 21 Per capita. This table lists social spending per head 2015, 2010, and 2005, in constant 2010 prices adjusted for purchasing power parity, in US dollars. Countr 38,675 (US dollars) in 2020. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of GDP - per capita (PPP) information contained here. All suggestions for corrections of any errors about GDP - per capita (PPP) should be addressed to the CIA Annually, New Zealand's GDP fell by 2 percent, the first annual decline since the March 2010 quarter, statistics showed. The country's GDP per capita fell by 12.6 percent in the June 2020 quarter, it said. Endite

Gross domestic product: March 2020 quarter Stats N

GDP per capita (current US$) - New Zealand Dat

Total GDP of the Manawatū-Whanganui Region, New Zealand 2000-2019, NZD billions; GDP per capita of the West Coast Region, New Zealand 2000-2020, NZD per person GDP per capita of the Auckland Region, New Zealand 2000-2020, NZD per person GDP per capita of the Northland Region, New Zealand 2000-2020, NZD per person GDP per capita of the Otago Region, New Zealand 2000-2020, NZD per perso The highest average GDP per capita was in Taranaki - rising to $76,715. Wellington was next on $74,785. Taranaki, with large mining and agricultural industries, has held the top spot since 2018 New Zealand Prime Minister Jacinda Ardern is the latest leader to adopt the Happiness Index metric, announcing a new budget that focused on improving the prosperity of local communities

New Zealand GDP per capita, 1980-2020 - knoema

  1. The decline in GDP per capita was even higher, at 12.6 per cent in the quarter, due to population growth. New Zealand Prime Minister Jacinda Ardern. The country's GDP slump was the worst on record
  2. al GDP (also called GDP at current prices or GDP in value) and is available in different measures: US dollars and US dollars per capita (current PPPs). All OECD countries compile their data according to the 2008 System of National Accounts (SNA)
  3. Gross Domestic Product Per Capita for New Zealand Current U.S. Dollars, Annual, Not Seasonally Adjusted 1960 to 2019 (13 hours ago) Gross Domestic Product by Expenditure in Constant Prices: Private Final Consumption Expenditure for New Zealand
  4. Christchurch Met per capita GDP was $41402 in 2010 and $58719 in 2019. It climbed steeply from 2010 to $52878 in 2014, then more slowly after that. All other areas are combined into a single category: the rest of New Zealand, which had the lowest GDP per capita: $39594 in 2010, rising to $52355 in 2019
  5. What's New ; Quarterly External Debt Statistics GDDS was updated on April 30, 2021 12/20/2020. Gender Statistics. Public. Data on key gender topics. Themes included are demographics, education, health, labor force, and political participation. GDP (current US$) GDP per capita (current US$) GNI per capita, Atlas method (current US$
  6. As for innovation outputs, New Zealand ranks 33rd. This position is lower than last year and lower compared to 2018. 25th New Zealand ranks 25th among the 49 high-income group economies. New Zealand ranks 26th among the 131 economies featured in the GII 2020. 26t
  7. Annually, New Zealand's GDP fell by 2 percent, the first annual decline since the March 2010 quarter, statistics showed. The country's GDP per capita fell by 12.6 percent in the June 2020 quarter, it said

- GDP per capita: $121,293 (3.9% 2009-2019 annual growth) - GDP: $75.2 billion (#99 among all countries) Luxembourg has a small but stable economy that is known for its steady growth and low. GDP Growth Rate in 2017 was 3.03%, representing a change of 4,965,852,440 US$ over 2016, when Real GDP was $176,128,560,657. GDP per Capita in New Zealand (with a population of 4,702,034 people) was $38,514 in 2017, an increase of $712 from $37,802 in 2016; this represents a change of 1.9% in GDP per capita

The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Lebanon (2020) 11,564 105 New Zealand: 38,900 The economic impact of the COVID-19 pandemic resulted in negative real GDP growth rates in 10 economies during the first quarter of 2020. The largest year-on-year Q1 2020 decline was recorded by Hong Kong, China at -8.9%. 1.2 Real GDP Growth (annual percent), 2019 - Q1 2020 1.3 Real GDP per Capita Growth Rates (annual percent), 2000 - 2020 4 The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income New Zealand has a GDP per capita of $39,000 as of 2017, while in Canada, the GDP per capita is $48,400 as of 2017. be 34.0% more likely to be unemployed In New Zealand, 4.7% of adults are unemployed as of 2017

Significantly, in this edition, data indicates that Taranaki is once again ranked as having the highest GDP per capita in Aotearoa. In 2020, Taranaki contributed $9.5 billion towards the national. New Zealand is one of the last countries in the OECD to report its second quarter GDP data. The UK has already posted a year-on-year drop of 21.7 per cent, France almost 14 per cent, Italy just. January 2, 2020 June 19, 2020. In this article, we will share the ranking of 192 countries in the world based on their GDP (Gross Domestic Product) Per Capita during 2019. We have used the publicly available data from International Monetary Fund (IMF) to rank the countries. Australia and New Zealand - Australia $53,825 , New Zealand $40,634 Stats NZ have released Regional GDP data today. The data relates to YE March 2020 (i.e. pre COVID-19). Taranaki is back on top as number 1 for GDP per capita with a good growth rate of 5.1 percent. I suggest you actually do some proper research before making blank statements, assumptions and drawing conclusions. Raw data and assessments are just that. There is no consideration of reasons and other more important factors such as quality of li..

Country Report 2017 - Includes New Zealand real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about New Zealand economic outlook, debt to GDP ratio. Started with $2k savings at the start of 2020. Began my big girl job in 2020 making 78k. Owned 2 e commerce websites (print on demand) making profits in the low 5 digit range. Lived cheaply (renting cheaply), didn't go out much, made all lunches and saved most of my take home income and 100% of side hustles profit. Made good investments

The LEO 2020 also highlights that international partnerships are fundamental to reaping the benefits of the digital transformation. The LEO is a joint annual publication produced by the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC), the Development Bank of Latin America (CAF) and. What is the GDP per capita ppp of New Zealand? The information collected for the GDP Per Capita (PPP) of New Zealand has been obtained from the Central Intelligence Agency. In some instances, these figures are estimates. Answer: The GDP per capita ppp of New Zealand is $27,300. It's ranking among other countries is 51 The Gross Domestic Product per capita in Thailand was last recorded at 6502.60 US dollars in 2019. The GDP per Capita in Thailand is equivalent to 51 percent of the world's average. GDP per capita in Thailand averaged 2774.14 USD from 1960 until 2019, reaching an all time high of 6502.60 USD in 2019 and a record low of 570.90 USD in 1960. This page provides - Thailand GDP per capita - actual.

Paid-in min. capital (% of income per capita) 0.0 Dealing with Construction Permits (rank) 7 Score of dealing with construction permits (0-100) 86.5 Procedures (number) 11 Time (days) 93 Cost (% of warehouse value) 2.2 Building quality control index (0-15) 15.0 Doing Business 2020 New Zealand. The value that results from this calculation is known as the GDP per capita. The GDP per capita varies drastically worldwide. The gross domestic product of a country is dependent upon the country's economic standing and overall profits compared to expenses. Average GDP per Capita Taken from 2018 Data. Afghanistan $603; Albania $5,604; Algeria.

New Zealand GDP Growth 2020 - StatisticsTimes

  1. The economy of the Republic of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood. Ireland is an open economy and ranks first for high-value foreign direct investment (FDI) flows. In the global GDP per capita tables, Ireland ranks 4th of 186 in the IMF table and 4th of 187 in the World Bank.
  2. New Zealand has enjoyed a high standard of living and solid economic growth in recent years. However, during this period New Zealand has also exhibited a comparatively low level of productivity growth relative to our OECD peers. Broad-based evidence of this can be seen in New Zealand's Gross Domestic Product (GDP) per capita
  3. g years, according to projections by the International Monetary Fund
New Zealand Maps & Facts - World AtlasChapter 2: Our activities are driving emissions | Ministry

New Zealand - OECD Dat

New data on GNI per capita data for 2018 is now available here. More detailed information on how the World Bank classifies countries is available here . Until last year (Fiscal Year 2019), the income classifications had an analytical purpose and did not influence the World Bank's lending terms Related News. Brazil Drops in Global Ranking of Countries with The Highest GDP Per Capita in 2020 UOL - 4/13/2021 4:36:00 PM Brazil retreated in the global ranking of countries with the highest GDP per capita in 2020 and will likely continue to lose positions in the coming years, according to projections by the International Monetary Fund Covering a total area of 268,021 sq.km (103,483 sq mi), New Zealand is comprised of two large islands that can be observed on the physical map of the country above - the North Island and South Island (which are separated by the Cook Strait), as well as Stewart Island, hundreds of coastal islands and about 600 small regional islands.. From north to south, New Zealand is a country of snow-capped. GDP per capita, PPP, constant 2017 international US-$ Year: 2019: Unit: PPP, constant 2017 international US-$ Direction: High values translate into high scores: Source 1: World Bank, World Development Indicators: Data for Australia and New Zealand also finished in the top 10 countries in Quality of Life. Gross domestic product per capita is high and unemployment is low, making Singapore one of the wealthiest.

New Zealand Economy 2020, CIA World Factboo

GDP per Capita: $1,877; GDP - Purchasing Power Parity (PPP): $8.68 trillion; The Republic of India is a federal democracy that consists of 29 states and 7 union territories. It is the largest democracy and the 6th largest economy in the world. India has thriving manufacturing, technology, and service sectors Calculated based on the top 100 wealthiest countries in terms of Gross Domestic Product (GDP) per capita at April 2021, the average GDP per capita for these competing economies was US$36,739 per country. That dollar amount reflects a 24.5 percent increase from an average $29,501 in 2010 when the Great Recession gained traction

New Zealand GDP Per Capita 1960-2021 MacroTrend

In countries like Island, Switzerland or Norway, a high % employment (>50%) relates to a higher GDP / capita; while in other countries like New Zealand, South Korea, Japan or Germany, a similar % employment relates to a much lower GDP / capita. In the other extreme, Ireland or Luxembourg combines low % employment (<45%) with very high GDP / capita With about four times the number of people as the U.S., China's per capita GDP rose to around $11,000 in 2020, while that of the U.S. was more than five times greater at $63,200. Subscribe to CNBC PR

最も人気のある Pib Per Capita - ガルーダメガ

New Zealand GDP per capita PPP 1990-2019 Data 2020

New Zealand Economy: Population, GDP, Inflation, Business

Well if you are willing to annoy a lot of people. You decide to increase GDP. If you set your national goal as GDP growth, then your government will start acting to increase GDP. If your goal is increasing employment, then this will be your goal.. New Caledonia New Zealand Nicaragua Niger Nigeria Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Gross Domestic Product (GDP) 470: Afghanistan: 2018: Gross Domestic Product (GDP) 484: These analytical indicators are: annual per capita GDP and GNI (calculated using actual population or annual population. Latest analysis by Scottish Government statisticians suggests that, in 2017, Scotland's GNI per capita was equal to 94.5% of Scottish GDP. This is up from a low of 88% around 2007 and also up from around 92% in 2014. For the UK, GNI per capita was around 98% of GDP per capita in 2017 Breakdown of Gross Domestic Product per capita in its components. Labour productivity levels in the total economy. Labour Productivity Growth. Capital Services. Multi-factor Productivity. Productivity by industry (ISIC Rev.3) Quarterly benchmarked Unit Labour Cost indicators - By economic activity

Economy of New Zealand - Wikipedi

New Zealand GDP per capita based on PPP, 1980-2020

The report forecasts Bangladesh's per capita GDP in dollar terms to grow 4 percent in 2020 to $1,888. On the other hand, due to COVID-19, India's per capita GDP is expected to decline by 10.5. The GDP per capita is a metric that breaks down a country's GDP per citizen. It is calculated by dividing the country's total gross domestic product by its total population. The data displayed is sourced from the World Bank. Up to 3 year historical yearly data of in Russia The last couple of years have seen weaker GDP growth, capped with a 1.7% growth rate for the 12 months to September 2019. GDP per capita growth over this same period, however, was a much more modest 0.2%. Is GDP per capita a better measure? GDP per capita is a measure of a country's economic output that accounts for its number of people - GDP per capita: $13,034 (1.3% 2009-2019 annual growth) - GDP: $763.3 billion (#32 among all countries) Unemployment, poverty, and inequality have been continual challenges for South Africa's economy, although the state does have abundant natural resources. South Africa's GDP has been increasing year over year, slowed down in 2020, and is expected to see increases of 3.1% and 2.5% in 2021 and. Per capita health spending in the U.S. exceeded $10,000, more than two times higher than in Australia, France, Canada, New Zealand, and the U.K. Public spending, including governmental spending, social health insurance, and compulsory private insurance, is comparable in the U.S. and many of the other nations and constitutes the largest source of health care spending

Country&#39;s per capita income increased despite corona | The

Gross Domestic Product per capita of New Zealand regions

The Special Drawing Rights (SDR) deflator is used which is a weighted average of the GDP deflators of China, Japan, the United Kingdom, the United States, and the Euro Area. This year, the thresholds have moved up in line with this inflation measure. The new thresholds (to be compared with GNI per capita in current USD, Atlas method) are as. The GDP per capita is a metric that breaks down a country's GDP per citizen. It is calculated by dividing the country's total gross domestic product by its total population. The data displayed is sourced from the World Bank. Up to 3 year historical yearly data of in Panama It's one of our favourite NZ clichés that during the 1950s New Zealanders were the 'third wealthiest people in the world - we ranked 3rd in the world for GDP per capita. We remained in the top 5 until 1966. These amazing statistics show how comparatively wealthy NZ was during this 'golden age' Gross Domestic Product of United States grew 1.6% in the first quarter of 2021 compared to the previous quarter. This rate is 5 -tenths of one percent higher than the figure of 1.1% published in the forth quarter of 2020. The year-on-year change in GDP was 0.4%, 28 -tenths of one percent more than the -2.4% recorded in the forth quarter of 2020

The Condition of Education - International ComparisonsBALCAIRN NEW ZEALAND (GENERAL) NEW ZEALAND GeographyARIA NEW ZEALAND (GENERAL) NEW ZEALAND GeographyAustralia - Conservapedia

Many of leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries.. For instance, the Irish GDP data above is subject to material distortion by the tax planning activities of foreign multinationals in Ireland. To address this, in 2017 the Central Bank of Ireland created modified GNI (or GNI*) as a. GDP per capita, PPP (current international $) Search glossaries Source: New Zealand Nicaragua Niger Nigeria North America North Macedonia Norway OECD members Oman Other small states Pacific island small states 2020/12/07 Next update in UNdata: 2021/01/07. Online data: Homepage New Zealand GNI per Capita, Atlas Method is at a current level of 41020.00, up from 38470.00 one year ago. This is a change of 6.63% from one year ago In Figure 1, the evolution of the annual GDPpc increment is presented as a function of time (the upper panel) and GDPpc (middle panel). The annual GDPpc increment between 1960 and 2018 is $330 (2011 prices). This value is lower than in developed countries (New Zealand has $349 for the same period) The current base year for GDP calculations is 2012. The period from which the weights for a measurement series are derived. The national income and product accounts (NIPAs) currently use the year 2000 as the base period. Rebasing changes the reference year (or base year) for the real (chained dollar and quantity index) estimates and price indexes and expresses GDP and other NIPA aggregates in.

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