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Economy of New Zealand vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

New Zealand has a GDP of $260B compared to $115B for Uzbekistan, ranking 52/197 and 66/197 by economy size, respectively.

New Zealand has $131B in government debt (50.2% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

New Zealand vs Uzbekistan GDP by year

New Zealand
Uzbekistan
1x
Year GDP, current $
New Zealand Uzbekistan
2024 $260,172,385,098 $114,965,293,467
2023 $255,194,972,673 $102,641,879,249
2022 $249,509,991,440 $90,095,926,567
2021 $253,977,931,815 $77,340,060,003
2020 $213,029,554,654 $66,443,265,418
2019 $213,006,341,102 $67,293,639,798
2018 $211,985,631,173 $58,695,899,092
2017 $206,745,969,246 $69,703,222,283
2016 $189,100,085,275 $86,138,288,644
2015 $178,224,167,088 $86,196,264,755
2014 $201,518,402,787 $80,845,385,809
2013 $191,012,364,177 $73,180,037,915
2012 $176,560,711,239 $67,517,349,212
2011 $168,484,908,960 $60,178,909,297
2010 $146,887,902,524 $49,765,676,402
2009 $121,663,439,315 $33,689,223,673
2008 $133,437,126,590 $29,549,438,884
2007 $137,188,946,866 $22,311,393,928
2006 $111,538,810,713 $17,330,833,853
2005 $114,720,129,550 $14,307,509,839
2004 $103,905,210,084 $12,030,023,548
2003 $88,250,885,550 $10,134,453,435
2002 $66,627,729,311 $9,687,788,513
2001 $53,872,425,917 $11,401,421,329
2000 $52,623,281,957 $13,760,513,969
1999 $58,762,260,626 $17,078,465,982
1998 $56,227,169,851 $14,988,971,211
1997 $66,075,143,415 $14,744,603,774
1996 $70,140,835,299 $13,948,892,216
1995 $63,918,703,507 $13,350,461,265
1994 $55,314,732,279 $12,899,074,922
1993 $46,775,620,817 $13,099,920,056
1992 $41,649,829,860 $12,953,801,760
1991 $42,745,329,732 $13,800,167,712
1990 $45,495,129,385 $13,362,340,338
1989 $43,920,222,525 $11,948,815,258
1988 $45,176,811,594 $10,722,799,639
1987 $40,376,354,070 $8,523,160,593
1986 $30,604,668,357 -
1985 $24,679,795,396 -
1984 $21,665,975,319 -
1983 $24,309,279,706 -
1982 $24,164,603,059 -
1981 $24,417,617,184 -
1980 $23,244,547,385 -
1979 $20,731,243,113 -
1978 $18,530,518,395 -
1977 $15,446,825,318 -
1976 $13,604,832,424 -
1975 $12,861,983,284 -
1974 $13,940,981,798 -
1973 $12,802,281,898 -
1972 $9,567,331,065 -
1971 $7,911,136,757 -
1970 $6,495,605,331 -
1969 $5,814,357,709 -
1968 $5,228,045,415 -
1967 $6,016,017,227 -
1966 $5,917,437,693 -
1965 $5,706,251,400 -
1964 $7,340,766,415 -
1963 $6,699,741,645 -
1962 $6,133,158,532 -
1961 $5,721,994,864 -
1960 $5,536,098,360 -

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

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

GDP per capita in New Zealand vs Uzbekistan by year

New Zealand
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
New Zealand Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $49,205 $55,551 $3,162 $11,879
2023 $49,076 $54,697 $2,879 $11,107
2022 $49,100 $54,034 $2,579 $10,293
2021 $49,950 $48,249 $2,259 $9,248
2020 $41,998 $45,513 $1,978 $8,452
2019 $42,856 $45,278 $2,041 $8,544
2018 $43,257 $42,527 $1,813 $8,129
2017 $42,950 $42,244 $2,191 $7,818
2016 $40,114 $39,989 $2,753 $6,919
2015 $38,665 $37,513 $2,803 $6,800
2014 $44,618 $37,331 $2,675 $6,610
2013 $43,000 $36,263 $2,462 $6,413
2012 $40,054 $33,055 $2,307 $6,168
2011 $38,432 $32,739 $2,088 $5,949
2010 $33,762 $31,305 $1,753 $5,505
2009 $28,277 $30,746 $1,206 $5,135
2008 $31,325 $29,896 $1,075 $4,800
2007 $32,480 $29,331 $824 $4,386
2006 $26,655 $27,732 $649 $3,956
2005 $27,751 $25,677 $543 $3,618
2004 $25,420 $25,124 $462 $3,321
2003 $21,914 $23,996 $394 $3,047
2002 $16,874 $23,306 $381 $2,902
2001 $13,883 $22,511 $454 $2,782
2000 $13,641 $21,500 $555 $2,644
1999 $15,322 $20,579 $698 $2,522
1998 $14,738 $19,323 $621 $2,418
1997 $17,474 $19,100 $621 $2,329
1996 $18,794 $18,392 $597 $2,214
1995 $17,400 $17,864 $583 $2,178
1994 $15,280 $17,108 $574 $2,197
1993 $13,094 $15,900 $596 $2,318
1992 $11,793 $14,877 $603 $2,371
1991 $12,230 $14,501 $658 $2,676
1990 $13,663 $14,812 $653 $2,665
1989 $13,312 - $598 -
1988 $13,759 - $551 -
1987 $12,331 - $450 -
1986 $9,428 - - -
1985 $7,601 - - -
1984 $6,714 - - -
1983 $7,598 - - -
1982 $7,656 - - -
1981 $7,814 - - -
1980 $7,467 - - -
1979 $6,668 - - -
1978 $5,937 - - -
1977 $4,951 - - -
1976 $4,374 - - -
1975 $4,172 - - -
1974 $4,611 - - -
1973 $4,323 - - -
1972 $3,295 - - -
1971 $2,773 - - -
1970 $2,311 - - -
1969 $2,097 - - -
1968 $1,902 - - -
1967 $2,208 - - -
1966 $2,211 - - -
1965 $2,171 - - -
1964 $2,839 - - -
1963 $2,646 - - -
1962 $2,471 - - -
1961 $2,365 - - -
1960 $2,334 - - -

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

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

New Zealand's GDP per capita is $49,205, ranking 26/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), New Zealand ranks 38th at $55,551, while Uzbekistan ranks 125th at $11,879.

Economic indicators

New Zealand Uzbekistan
Gross domestic product
$260B
2024
$115B
2024
GDP rank
52/197
2024
66/197
2024
GDP growth
1.29%
2023-2024
6.5%
2023-2024
GDP per capita
$49,205
2024
$3,162
2024
GDP per capita rank
26/197
2024
139/197
2024
GDP per capita, PPP
$55,551
2024
$11,879
2024
GDP per capita PPP rank
38/197
2024
125/197
2024
Government debt
$131B
2024
$37.5B
2024
Debt-to-GDP ratio
50.2%
2024
32.7%
2024
Government debt per person
$24,722
2024
$1,032
2024
Government debt per person rank
28/185
2024
141/185
2024
Average annual personal income after taxes
$37,758
2026
$3,658
2026
Market capitalization of domestic companies
$92.9B
2024
$18.8B
2024
Number of billionaires
5
2025
n/a
Income share by richest 10% n/a
25.7%
2024
Income share by poorest 10% n/a
2.3%
2024
Government expenditure, % of GDP
41.9%
2024
27.6%
2024
Consumer prices inflation
2.92%
2023-2024
9.6%
2023-2024
Central bank interest rate
2.25%
2025
14%
2025
Unemployment rate
4.76%
2024
5.29%
2020
Population
5374272
37939105

Spending and national debt comparison by year

New Zealand
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
New Zealand Uzbekistan
Government spending Government debt Government spending Government debt
2024 41.9% 50.2% 27.6% 32.7%
2023 41.2% 46.9% 29.9% 32.2%
2022 41.8% 46.9% 31.3% 30.5%
2021 41.9% 47.5% 27.4% 31.7%
2020 42% 43.2% 26% 33.7%
2019 38.8% 31.8% 24.4% 25.4%
2018 36.1% 28.1% 22.2% 17.5%
2017 35.6% 31.1% 19.9% 17.3%
2016 36.4% 33.3% 23.3% 8.19%
2015 37.2% 34.2% 24.6% 6.72%
2014 37.7% 34.2% 24.9% 6.09%
2013 38.6% 34.5% 25.2% 6.23%
2012 39.7% 35.7% 23.9% 6.76%
2011 42.4% 34.7% 23.7% 6.33%
2010 42.9% 29.6% 26.4% 6.61%
2009 40.3% 24.3% 27.5% 7.3%
2008 38.5% 19% 26.5% 8.33%
2007 37.1% 16.3% 24.8% 9.56%
2006 37.9% 18.4% 24.7% 13.5%
2005 37.1% 20.8% 28.1% 21%
2004 36.2% 22.5% 29.4% 26.9%
2003 36.7% 24.7% 31.5% 31.4%
2002 36.8% 26.4% 34.6% 41.6%
2001 37.2% 28.2% 30.6% 44.8%
2000 38.3% 30% 32.9% 29.5%
1999 39.3% 32% 33.6% 18.4%
1998 40.1% 34.5% 35.1% 18%
1997 39.3% 34.6% 31.8% 15.3%
1996 39.9% 37.3% 35.1% -
1995 41.6% 43.5% 29.4% -
1994 42.8% 48.9% 27.1% -
1993 46.8% 54.6% 39.6% -
1992 52.5% 58.7% 18% -
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/uzbekistan | CC BY

In 2024, New Zealand's government spending was $109B, accounting for 41.9% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 50.2% in New Zealand and 32.7% in Uzbekistan, ranking 107/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
New Zealand

Uzbekistan
1x
Year Deficit/surplus, % of GDP
New Zealand Uzbekistan
2024 -3.61% -2.37%
2023 -3.54% -4.03%
2022 -4.16% -3.65%
2021 -3.5% -4.1%
2020 -4.35% -2.95%
2019 -2.5% -0.3%
2018 1.27% 1.64%
2017 1.36% 1.04%
2016 0.98% 0.7%
2015 0.36% -0.28%
2014 -0.34% 1.9%
2013 -1.29% 2.15%
2012 -2.19% 5.89%
2011 -4.96% 5.11%
2010 -5.51% 2.56%
2009 -1.81% 1.82%
2008 1.47% 5.97%
2007 3.6% 3.55%
2006 4.62% 2.72%
2005 5.13% -3.52%
2004 4.49% -3.74%
2003 3.68% -4.87%
2002 2.55% -6.31%
2001 1.29% -3.28%
2000 0.17% -3.66%
1999 -1.11% -2.91%
1998 -0.48% -3.04%
1997 1.23% -2.05%
1996 2.58% -1.57%
1995 3.7% -1.77%
1994 1.99% -4.47%
1993 -1.53% -12%
1992 -6.27% 7.15%
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/uzbekistan | 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 Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, New Zealand recorded a fiscal deficit in 16 of those years, while Uzbekistan ran a deficit in 20 years. On average, New Zealand posted an annual deficit equal to 0.2% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
New Zealand

Uzbekistan
1x
Year Consumer prices inflation
New Zealand Uzbekistan
2024 2.92% 9.6%
2023 5.73% 10%
2022 7.17% 11.4%
2021 3.94% 10.8%
2020 1.71% 12.9%
2019 1.62% 14.5%
2018 1.6% 17.5%
2017 1.85% 13.9%
2016 0.65% 8.8%
2015 0.29% 8.5%
2014 1.23% 9.1%
2013 1.13% 11.7%
2012 1.06% 11.9%
2011 4.03% 12.4%
2010 2.3% 12.3%
2009 2.12% 12.3%
2008 3.96% 13.1%
2007 2.38% 11.2%
2006 3.37% 13.1%
2005 3.04% 10.7%
2004 2.29% 7.3%
2003 1.75% 12.5%
2002 2.68% 27.3%
2001 2.63% 27.3%
2000 2.62% 25%
1999 -0.11% 29.1%
1998 1.27% 29%
1997 1.19% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, New Zealand has recorded an average annual inflation rate of 2.37%, compared with 16.6% in Uzbekistan. In 2024, inflation was 2.92% in New Zealand and 9.6% in Uzbekistan.

Top exports between countries

New Zealand
Export category Export value
Transport & tourism services $1.2M
Machinery & equipment $125K
Chemicals & pharma $97K
Processed food, beverages & tobacco $2K
Raw materials & minerals $1K
Uzbekistan
Export category Export value
Raw agricultural goods $20K

Balance of trade

New Zealand Uzbekistan
Current account balance
-$12.1B
2024
-$5.71B
2024
Current account balance ranking
178/190
2024
169/190
2024
Current account balance, % of GDP
-4.65%
2024
-4.97%
2024
Goods imports
$47.3B
2024
$33.2B
2024
Goods exports
$43.3B
2024
$19.6B
2024
Service imports
$19.5B
2024
$10.5B
2024
Service exports
$18.9B
2024
$6.55B
2024
Imports of goods and services, % of GDP
26.4%
2024
38%
2024
Exports of goods and services, % of GDP
24.8%
2024
22.8%
2024

Economic freedom indices

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

New Zealand Uzbekistan
Economic freedom 77.8 60.3
Economic freedom ranking 13/197 94/197
Property rights 85.4 43.1
Government integrity 90 32
Judicial effectiveness 95.9 13.7
Tax burden 66.1 95
Government spending 48 73.7
Fiscal health 72.2 79.9
Business freedom 89.1 62.5
Labor freedom 68.6 48.4
Monetary freedom 77.4 65.1
Trade freedom 90.6 80.6
Investment freedom 70 70
Financial freedom 80 60

Economic freedom comparison by year

New Zealand
Uzbekistan
1x
Year Economic freedom index
New Zealand Uzbekistan
2026 77.8 60.3
2025 78.1 58
2024 77.8 55.9
2023 78.9 56.5
2022 80.6 55.7
2021 83.9 58.3
2020 84.1 57.2
2019 84.4 53.3
2018 84.2 51.5
2017 83.7 52.3
2016 81.6 46
2015 82.1 47
2014 81.2 46.5
2013 81.4 46
2012 82.1 45.8
2011 82.3 45.8
2010 82.1 47.5
2009 82 50.5
2008 80.7 51.9
2007 81.4 51.5
2006 82 48.7
2005 82.3 45.8
2004 81.5 39.1
2003 81.1 38.3
2002 80.7 38.5
2001 81.1 38.2
2000 80.9 38.1
1999 81.7 33.8
1998 79.2 31.5
1997 79 -
1996 78.1 -

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

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

The Economic Freedom Index for New Zealand is 77.8, ranking 13/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

New Zealand Uzbekistan
Services, % of GDP
67.4%
2022
45.2%
2024
Industry, % of GDP
19.6%
2022
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
4.57%
2022
18.3%
2024
GNI, Atlas method
$252B
2024
$110B
2024
GNI per capita, PPP
$53,600
2024
$12,000
2024
Total reserves including gold
$22.1B
2024
$41.2B
2024
Total reserves ranking
59/177
2024
50/177
2024
Net foreign direct investment
-$878M
2024
-$2.81B
2024
Net inflows of foreign direct investment
$1.76B
2024
$2.99B
2024
Net outflows of foreign direct investment
$882M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.88%
2024
Poverty at national poverty lines n/a
8.9%
2024
Gross capital formation, % of GDP
22.5%
2024
33.3%
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/uzbekistan | 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 (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.