Kenya vs New Zealand: Economic Indicators Comparison
New Zealand with a GDP of $204.9B ranked the 53rd largest economy in the world, while Kenya ranked 66th with $87.9B. By GDP 5-years average growth and GDP per capita, New Zealand and Kenya ranked 72nd vs 25th and 25th vs 153rd, respectively.
Gross Domestic Product & Income
Stat | Kenya | New Zealand |
---|---|---|
GDP | $87.9B | $204.9B |
GDP growth, 1 year | 6% | 3% |
GDP growth, 5-years average | 5.6% | 3.4% |
Population | 48.5M | 4.9M |
GDP per capita | $1.7k | $42k |
GDP per capita growth | 3.9% | 0.85% |
Purchasing Power Parity conversion factor | 49.97 | 1.48 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.49 | 1.02 |
GDP per capita, PPP adjusted | $3.7k | $40k |
GNI, Atlas method | $83.1B | $198.6B |
GNI per capita | $1.6k | $41k |
GNI, PPP adjusted | $176.7B | $192.5B |
GNI per capita, PPP adjusted | $3.4k | $39k |
Financial system and Human development
Stat | Kenya | New Zealand |
---|---|---|
Income Tax Rate | 30% | 33% |
Corporate Tax Rate | 30% | 28% |
Inflation, consumer prices | 4.7% | 1.6% |
Inflation, GDP deflator | 2.8% | 1.1% |
Unemployment | 9.3% | 4.5% |
Economic Freedom Index | 55.3 | 84.1 |
Personal Freedom Index | 6.48 | 9.42 |
Human Freedom Index | 6.61 | 8.94 |
Property Rights Index | 63.2 | 93.3 |
Judical Effectiveness Index | 48.6 | 79.1 |
Business Freedom Index | 55 | 90.4 |
Fiscal Health Index | 13.5 | 98.3 |
Labor Freedom Index | 55.8 | 86.7 |
Investment Freedom Index | 55 | 80 |
Financial Freedom Index | 50 | 80 |
Trade Freedom Index | 60.4 | 92.2 |
Monetary Freedom Index | 75 | 87 |
Government Spending Index | 79.6 | 57.8 |
Tax Burden Index | 78.7 | 71 |
Government Integrity Index | 28.2 | 93.9 |
Corruption Perceptions Index | 27 | 87 |
Life expectancy at birth, years | 65.9 | 81.7 |
Suicide mortality rate, per 100,000 people | 3.2 | 12.1 |
Mortality caused by road traffic injury, per 100,000 people | 27.8 | 7.8 |
Intentional homicides, per 100,000 people | 5 | 0.7 |
International tourism, number of arrivals | 1.4M | 3.7M |
Government debt & reserves
Stat | Kenya | New Zealand |
---|---|---|
Central government debt, % of GDP | 57.2% | 29.4% |
External debt stocks, % of GNI | 36.1% | N/A |
External debt stocks | $31.5B | N/A |
Short-term debt, % of total reserves | 31.1% | N/A |
Total debt service, % of exports and primary income | 22.6% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | -2.2% | 13.9% |
Gross savings, % of GDP | 10.5% | 19.6% |
Gross capital formation, % of GDP | 18.4% | 23.9% |
Total reserves including gold | $8.2B | $17.7B |
Foreign direct investment net inflows | $1.6B | $2.1B |
Exports, imports and economic structure
Stat | Kenya | New Zealand |
---|---|---|
Exports of goods and services, % of GDP | 13.2% | 28.1% |
Imports of goods and services, % of GDP | 23% | 28.3% |
Current account balance (balance of payments) | -$5B | -$7.7B |
Revenue excluding grants, % of GDP | 22% | 33% |
Grants excluding technical cooperation, BoP | $1.5B | N/A |
Personal remittances received | $2.7B | $452.5M |
Industry including construction value added, % of GDP | 16.4% | 19.2% |
Agriculture, forestry and fishing value added, % of GDP | 34.2% | 6.6% |
Charges for the use of intellectual property, payments BoP | $206.8M | $912.8M |
Charges for the use of intellectual property, receipts BoP | $68.6M | $540.5M |
Expense, % of GDP | 26.2% | 30.7% |
Government Expenditure, % of GDP | 26.1% | 37.5% |