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Economy of New Zealand vs Niger compared: GDP & Debt

Updated on by Georank team

New Zealand has a GDP of $260B compared to $19.9B for Niger, ranking 52/197 and 130/197 by economy size, respectively.

New Zealand has $131B in government debt (50.2% of GDP), compared to $9.39B (47.2% of GDP) in Niger.

New Zealand vs Niger GDP by year

New Zealand
Niger
1x
Year GDP, current $
New Zealand Niger
2024 $260,172,385,098 $19,876,128,486
2023 $255,194,972,673 $16,698,786,978
2022 $249,509,991,440 $15,433,852,712
2021 $253,977,931,815 $14,915,002,436
2020 $213,029,554,654 $13,744,653,103
2019 $213,006,341,102 $12,889,555,561
2018 $211,985,631,173 $12,837,307,497
2017 $206,745,969,246 $11,185,104,252
2016 $189,100,085,275 $10,398,861,982
2015 $178,224,167,088 $9,683,867,926
2014 $201,518,402,787 $10,862,943,544
2013 $191,012,364,177 $10,224,897,438
2012 $176,560,711,239 $9,426,912,648
2011 $168,484,908,960 $8,772,950,778
2010 $146,887,902,524 $7,851,192,502
2009 $121,663,439,315 $7,352,131,310
2008 $133,437,126,590 $7,297,600,226
2007 $137,188,946,866 $5,731,485,052
2006 $111,538,810,713 $4,756,361,252
2005 $114,720,129,550 $4,383,315,965
2004 $103,905,210,084 $3,760,443,738
2003 $88,250,885,550 $3,394,084,732
2002 $66,627,729,311 $2,782,192,879
2001 $53,872,425,917 $2,448,714,704
2000 $52,623,281,957 $2,241,753,193
1999 $58,762,260,626 $2,537,789,821
1998 $56,227,169,851 $2,643,363,519
1997 $66,075,143,415 $2,290,318,910
1996 $70,140,835,299 $2,405,686,940
1995 $63,918,703,507 $2,302,537,562
1994 $55,314,732,279 $1,938,058,175
1993 $46,775,620,817 $3,052,673,849
1992 $41,649,829,860 $3,386,232,579
1991 $42,745,329,732 $3,285,796,875
1990 $45,495,129,385 $3,512,356,508
1989 $43,920,222,525 $2,179,567,114
1988 $45,176,811,594 $2,280,356,193
1987 $40,376,354,070 $2,233,006,105
1986 $30,604,668,357 $1,904,096,998
1985 $24,679,795,396 $1,440,581,652
1984 $21,665,975,319 $1,461,243,326
1983 $24,309,279,706 $1,803,099,561
1982 $24,164,603,059 $2,017,612,216
1981 $24,417,617,184 $2,170,893,414
1980 $23,244,547,385 $2,508,524,721
1979 $20,731,243,113 $2,109,277,666
1978 $18,530,518,395 $1,774,365,590
1977 $15,446,825,318 $1,291,458,041
1976 $13,604,832,424 $1,064,517,601
1975 $12,861,983,284 $1,048,690,933
1974 $13,940,981,798 $1,026,137,111
1973 $12,802,281,898 $946,385,105
1972 $9,567,331,065 $742,779,661
1971 $7,911,136,757 $693,573,704
1970 $6,495,605,331 $649,916,621
1969 $5,814,357,709 $625,867,985
1968 $5,228,045,415 $641,214,226
1967 $6,016,017,227 $665,586,872
1966 $5,917,437,693 $702,296,079
1965 $5,706,251,400 $673,383,511
1964 $7,340,766,415 $582,816,396
1963 $6,699,741,645 $586,294,879
1962 $6,133,158,532 $531,736,599
1961 $5,721,994,864 $485,785,231
1960 $5,536,098,360 $449,526,873

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/new-zealand/niger | CC BY

GDP per capita in New Zealand vs Niger by year

New Zealand
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
New Zealand Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $49,205 $55,551 $735 $2,050
2023 $49,076 $54,697 $638 $1,875
2022 $49,100 $54,034 $610 $1,840
2021 $49,950 $48,249 $609 $1,586
2020 $41,998 $45,513 $580 $1,497
2019 $42,856 $45,278 $562 $1,419
2018 $43,257 $42,527 $579 $1,276
2017 $42,950 $42,244 $522 $1,208
2016 $40,114 $39,989 $503 $1,189
2015 $38,665 $37,513 $486 $1,172
2014 $44,618 $37,331 $565 $1,161
2013 $43,000 $36,263 $552 $1,138
2012 $40,054 $33,055 $529 $1,162
2011 $38,432 $32,739 $511 $1,064
2010 $33,762 $31,305 $474 $1,058
2009 $28,277 $30,746 $461 $999
2008 $31,325 $29,896 $475 $1,010
2007 $32,480 $29,331 $387 $955
2006 $26,655 $27,732 $333 $935
2005 $27,751 $25,677 $319 $888
2004 $25,420 $25,124 $283.5 $832
2003 $21,914 $23,996 $265.2 $837
2002 $16,874 $23,306 $225.3 $832
2001 $13,883 $22,511 $205.4 $809
2000 $13,641 $21,500 $194.8 $764
1999 $15,322 $20,579 $228.3 $783
1998 $14,738 $19,323 $246.1 $801
1997 $17,474 $19,100 $220.6 $745
1996 $18,794 $18,392 $239.5 $746
1995 $17,400 $17,864 $237 $757
1994 $15,280 $17,108 $206.2 $748
1993 $13,094 $15,900 $335 $742
1992 $11,793 $14,877 $384 $746
1991 $12,230 $14,501 $384 $738
1990 $13,663 $14,812 $424 $739
1989 $13,312 - $271.3 -
1988 $13,759 - $292.6 -
1987 $12,331 - $295.3 -
1986 $9,428 - $259.6 -
1985 $7,601 - $202.4 -
1984 $6,714 - $211.5 -
1983 $7,598 - $268.8 -
1982 $7,656 - $310 -
1981 $7,814 - $343 -
1980 $7,467 - $409 -
1979 $6,668 - $354 -
1978 $5,937 - $307 -
1977 $4,951 - $229.8 -
1976 $4,374 - $194.8 -
1975 $4,172 - $197.2 -
1974 $4,611 - $198.3 -
1973 $4,323 - $187.9 -
1972 $3,295 - $151.4 -
1971 $2,773 - $145.2 -
1970 $2,311 - $139.8 -
1969 $2,097 - $138.3 -
1968 $1,902 - $145.6 -
1967 $2,208 - $155.4 -
1966 $2,211 - $168.6 -
1965 $2,171 - $166.3 -
1964 $2,839 - $148.1 -
1963 $2,646 - $153.3 -
1962 $2,471 - $143.2 -
1961 $2,365 - $134.6 -
1960 $2,334 - $128.3 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/new-zealand/niger | CC BY

New Zealand's GDP per capita is $49,205, ranking 26/197, compared to $735 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), New Zealand ranks 38th at $55,551, while Niger ranks 186th at $2,050.

Economic indicators

New Zealand Niger
Gross domestic product
$260B
2024
$19.9B
2024
GDP rank
52/197
2024
130/197
2024
GDP growth
1.29%
2023-2024
10.3%
2023-2024
GDP per capita
$49,205
2024
$735
2024
GDP per capita rank
26/197
2024
187/197
2024
GDP per capita, PPP
$55,551
2024
$2,050
2024
GDP per capita PPP rank
38/197
2024
186/197
2024
Government debt
$131B
2024
$9.39B
2024
Debt-to-GDP ratio
50.2%
2024
47.2%
2024
Government debt per person
$24,722
2024
$347
2024
Government debt per person rank
28/185
2024
173/185
2024
Average annual personal income after taxes
$37,758
2026
$1,163
2026
Market capitalization of domestic companies
$92.9B
2024
n/a
Number of billionaires
5
2025
n/a
Income share by richest 10% n/a
27.8%
2021
Income share by poorest 10% n/a
3.8%
2021
Government expenditure, % of GDP
41.9%
2024
13.4%
2024
Consumer prices inflation
2.92%
2023-2024
9.07%
2023-2024
Central bank interest rate
2.25%
2025
n/a
Unemployment rate
4.76%
2024
0.4%
2022
Population
5374272
29080898

Spending and national debt comparison by year

New Zealand
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
New Zealand Niger
Government spending Government debt Government spending Government debt
2024 41.9% 50.2% 13.4% 47.2%
2023 41.2% 46.9% 15.8% 51.8%
2022 41.8% 46.9% 21.6% 50.6%
2021 41.9% 47.5% 24.3% 51.3%
2020 42% 43.2% 22.4% 45%
2019 38.8% 31.8% 21.6% 39.8%
2018 36.1% 28.1% 21.2% 37%
2017 35.6% 31.1% 19.5% 36.5%
2016 36.4% 33.3% 19.4% 32.8%
2015 37.2% 34.2% 24.2% 29.9%
2014 37.7% 34.2% 23.6% 22.1%
2013 38.6% 34.5% 20.4% 19.6%
2012 39.7% 35.7% 16.6% 18.1%
2011 42.4% 34.7% 15.3% 14.7%
2010 42.9% 29.6% 14.3% 15.1%
2009 40.3% 24.3% 17.7% 15.9%
2008 38.5% 19% 16.9% 14.2%
2007 37.1% 16.3% 17.4% 17.8%
2006 37.9% 18.4% 15.2% 18.3%
2005 37.1% 20.8% 15.6% 49.5%
2004 36.2% 22.5% 16.1% 55%
2003 36.7% 24.7% 14% 60.6%
2002 36.8% 26.4% 14.4% 69%
2001 37.2% 28.2% 13.7% 74%
2000 38.3% 30% 13.5% 82.1%
1999 39.3% 32% 15% 63.3%
1998 40.1% 34.5% 13.6% 61.3%
1997 39.3% 34.6% 12.9% 69.1%
1996 39.9% 37.3% 10.9% 63.5%
1995 41.6% 43.5% 12.5% 69.4%
1994 42.8% 48.9% - -
1993 46.8% 54.6% - -
1992 52.5% 58.7% - -
1991 53% 58% - -
1990 49.6% 55.5% - -
1989 47.8% 54.9% - -
1988 46.1% 54.7% - -
1987 46.1% 62.9% - -
1986 46.9% 68.5% - -
1985 46.2% 64.1% - -
1984 40.7% 62.8% - -
1983 41.4% 59.6% - -
1982 39.9% 51.5% - -
1981 39.1% 50.5% - -
1980 38% 52.2% - -
1979 38.4% 52% - -
1978 36.6% 50% - -
1977 30% 44.6% - -
1976 31.6% 47.6% - -
1975 30.1% 41.4% - -
1974 27.3% 39.6% - -
1973 27.1% 44% - -
1972 26.4% 46% - -
1971 26.8% 71.3% - -
1970 24.8% 76.5% - -
1969 25.9% 85.8% - -
1968 26.2% 86.5% - -
1967 26% 59.7% - -
1966 25% 58.2% - -
1965 24.9% 59.6% - -
1964 19.4% 61.8% - -
1963 19.4% 64.5% - -
1962 21.6% 65% - -
1961 21.1% 64.6% - -
1960 25.3% 68.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/new-zealand/niger | CC BY

In 2024, New Zealand's government spending was $109B, accounting for 41.9% of its GDP, while Niger spent $2.67B, or 13.4% of GDP.

Debt-to-GDP ratio is 50.2% in New Zealand and 47.2% in Niger, ranking 107/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
New Zealand

Niger
1x
Year Deficit/surplus, % of GDP
New Zealand Niger
2024 -3.61% -4.27%
2023 -3.54% -5.37%
2022 -4.16% -6.77%
2021 -3.5% -6.1%
2020 -4.35% -4.82%
2019 -2.5% -3.56%
2018 1.27% -3.01%
2017 1.36% -4.12%
2016 0.98% -4.46%
2015 0.36% -6.75%
2014 -0.34% -6.12%
2013 -1.29% -1.93%
2012 -2.19% -0.83%
2011 -4.96% -2.19%
2010 -5.51% -0.99%
2009 -1.81% -3.93%
2008 1.47% 1.11%
2007 3.6% -0.75%
2006 4.62% 31%
2005 5.13% -1.53%
2004 4.49% -2.76%
2003 3.68% -2.17%
2002 2.55% -2.21%
2001 1.29% -2.59%
2000 0.17% -2.83%
1999 -1.11% -4.27%
1998 -0.48% -2.23%
1997 1.23% -2.39%
1996 2.58% -0.36%
1995 3.7% -3.19%
1994 1.99% -
1993 -1.53% -
1992 -6.27% -
1991 -6.14% -
1990 -2.74% -
1989 -2.16% -
1988 -1.88% -
1987 -3.43% -
1986 -5.33% -
1985 -6.97% -
1984 -8.68% -
1983 -6.64% -
1982 -6.26% -
1981 -6.02% -
1980 -4.9% -
1979 -6.55% -
1978 -3.41% -
1977 -1.09% -
1976 -2.07% -
1975 0.11% -
1974 0.03% -
1973 -0.07% -
1972 0.12% -
1971 0.09% -
1970 -0.05% -
1969 0.17% -
1968 0.03% -
1967 0.02% -
1966 0.09% -
1965 0.26% -
1964 -0.08% -
1963 -0.26% -
1962 0.02% -
1961 0.03% -
1960 0.05% -
1959 0.03% -
1958 -0.02% -
1957 0.32% -
1956 1.33% -
1955 0.73% -
1954 0.22% -
1953 0.43% -
1952 1.73% -
1951 1.17% -
1950 0.78% -
1949 0.53% -
1948 0.36% -
1947 1.07% -
1946 0.31% -
1945 0.32% -
1944 0.59% -
1943 1.24% -
1942 0.56% -
1941 0.64% -
1940 0.13% -
1939 0.34% -
1938 0.38% -
1937 0.23% -
1936 0.17% -
1935 1.19% -
1934 -0.55% -
1933 0.02% -
1932 -1.77% -
1931 -1.12% -
1930 0.09% -
1929 -0.37% -
1928 0.12% -
1927 0.4% -
1926 0.72% -
1925 0.78% -
1924 1.2% -
1923 0.95% -
1922 -0.2% -
1921 3.55% -
1920 1.51% -
1919 2.9% -
1918 4.35% -
1917 3.89% -
1916 1.46% -
1915 0.06% -
1914 0.45% -
1913 0.79% -
1912 0.89% -
1911 1.24% -
1910 0.36% -
1909 0.31% -
1908 1.26% -
1907 1.13% -
1906 0.97% -
1905 1.41% -
1904 1.42% -
1903 0.55% -
1902 0.63% -
1901 1.11% -
1900 1.59% -
1899 1.15% -
1898 1.38% -
1897 0.86% -
1896 0.65% -
1895 0.32% -
1894 0.76% -
1893 1.14% -
1892 0.09% -
1891 0.46% -
1890 0.05% -
1889 0.59% -
1888 -1.64% -
1887 -1.63% -
1886 -0.53% -
1885 -0.47% -
1884 -0.1% -
1883 0.38% -
1882 0.18% -
1881 -2.33% -
1880 -2.39% -
1879 -0.55% -
1878 -0.85% -
1877 -2.53% -
1876 -5.28% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1876–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/new-zealand/niger | CC BY

In 2024, New Zealand's government deficit, the difference between spending and revenue, was $9.38B, equivalent to 3.61% of GDP. This compares to Niger's deficit of $848M, or 4.27% of GDP.

Over the past 30 years, New Zealand recorded a fiscal deficit in 14 of those years, while Niger ran a deficit in 28 years. On average, New Zealand posted an annual deficit equal to 0.03% of GDP, compared to deficit of 2.01% of GDP for Niger.

Inflation comparison by year

Inflation
New Zealand

Niger
1x
Year Consumer prices inflation
New Zealand Niger
2024 2.92% 9.07%
2023 5.73% 3.7%
2022 7.17% 4.23%
2021 3.94% 3.84%
2020 1.71% 2.9%
2019 1.62% -2.49%
2018 1.6% 2.97%
2017 1.85% 2.8%
2016 0.65% 1.65%
2015 0.29% -0.58%
2014 1.23% -0.93%
2013 1.13% 2.3%
2012 1.06% 0.46%
2011 4.03% 2.94%
2010 2.3% 0.8%
2009 2.12% 0.58%
2008 3.96% 11.3%
2007 2.38% 0.05%
2006 3.37% 0.04%
2005 3.04% 7.8%
2004 2.29% 0.26%
2003 1.75% -1.61%
2002 2.68% 2.63%
2001 2.63% 4.01%
2000 2.62% 2.9%
1999 -0.11% -2.3%
1998 1.27% 4.55%
1997 1.19% 2.93%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/new-zealand/niger | CC BY

Over the past 28 years, New Zealand has recorded an average annual inflation rate of 2.37%, compared with 2.39% in Niger. In 2024, inflation was 2.92% in New Zealand and 9.07% in Niger.

Top exports between countries

New Zealand
Export category Export value
Raw agricultural goods $41K
Machinery & equipment $2K
Raw materials & minerals $1K
Niger
Export category Export value

Balance of trade

New Zealand Niger
Current account balance
-$12.1B
2024
-$2.33B
2023
Current account balance ranking
178/190
2024
146/190
2023
Current account balance, % of GDP
-4.65%
2024
-14%
2023
Goods imports
$47.3B
2024
$2.59B
2023
Goods exports
$43.3B
2024
$992M
2023
Service imports
$19.5B
2024
$1.22B
2023
Service exports
$18.9B
2024
$231M
2023
Imports of goods and services, % of GDP
26.4%
2024
22.7%
2024
Exports of goods and services, % of GDP
24.8%
2024
27.3%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

New Zealand Niger
Economic freedom 77.8 51
Economic freedom ranking 13/197 156/197
Property rights 85.4 16.6
Government integrity 90 33.9
Judicial effectiveness 95.9 28
Tax burden 66.1 78.2
Government spending 48 91.4
Fiscal health 72.2 47.6
Business freedom 89.1 32.4
Labor freedom 68.6 54.7
Monetary freedom 77.4 67.9
Trade freedom 90.6 65.8
Investment freedom 70 55
Financial freedom 80 40

Economic freedom comparison by year

New Zealand
Niger
1x
Year Economic freedom index
New Zealand Niger
2026 77.8 51
2025 78.1 51.5
2024 77.8 52.3
2023 78.9 53.7
2022 80.6 54.9
2021 83.9 57.3
2020 84.1 54.7
2019 84.4 51.6
2018 84.2 49.5
2017 83.7 50.8
2016 81.6 54.3
2015 82.1 54.6
2014 81.2 55.1
2013 81.4 53.9
2012 82.1 54.3
2011 82.3 54.3
2010 82.1 52.9
2009 82 53.8
2008 80.7 52.9
2007 81.4 53.2
2006 82 52.5
2005 82.3 54.1
2004 81.5 54.6
2003 81.1 54.2
2002 80.7 48.2
2001 81.1 48.9
2000 80.9 45.9
1999 81.7 48.6
1998 79.2 47.5
1997 79 46.6
1996 78.1 45.8

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/new-zealand/niger | CC BY

The Economic Freedom Index for New Zealand is 77.8, ranking 13/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

New Zealand Niger
Services, % of GDP
67.4%
2022
45%
2024
Industry, % of GDP
19.6%
2022
17.6%
2024
Agriculture, forestry, and fishing, % of GDP
4.57%
2022
34.5%
2024
GNI, Atlas method
$252B
2024
$18.3B
2024
GNI per capita, PPP
$53,600
2024
$2,030
2024
Total reserves including gold
$22.1B
2024
n/a
Total reserves ranking
59/177
2024
n/a
Net foreign direct investment
-$878M
2024
-$1.02B
2023
Net inflows of foreign direct investment
$1.76B
2024
$358M
2024
Net outflows of foreign direct investment
$882M
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI n/a
1.94%
2024
Poverty at national poverty lines n/a
41.2%
2021
Gross capital formation, % of GDP
22.5%
2024
22.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/new-zealand/niger | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1876–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2022, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.