tends to lag the
US cycle by about six months, so the worst of the downturn may not hit
until mid-2002.

GDP: purchasing power parity - $75.4 billion (2001 est.)

GDP - real growth rate: 3.1% (2001 est.)

GDP - per capita: purchasing power parity - $19,500 (2001 est.)

GDP - composition by sector: agriculture: 8% industry: 23% services: 69%
(1999)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: 0.3%
highest 10%: 29.8% (1991 est.)

Inflation rate (consumer prices): 2.6% (2001 est.)

Labor force: 1.92 million (2001 est.)

Labor force - by occupation: services 65%, industry 25%, agriculture 10%
(1995)

Unemployment rate: 5.5% (2001 est.)

Budget: revenues: $16.7 billion expenditures: $16.6 billion, including
capital expenditures of $NA (FY00/01)

Industries: food processing, wood and paper products, textiles,
machinery, transportation equipment, banking and insurance, tourism,
mining

Industrial production growth rate: 3% (2001 est.)

Electricity - production: 35.823 billion kWh (2000)

Electricity - production by source: fossil fuel: 26.55% hydro: 66.45%
other: 7% (2000) nuclear: 0%

Electricity - consumption: 33.315 billion kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 0 kWh (2000)

Agriculture - products: wheat, barley, potatoes, pulses, fruits,
vegetables; wool, beef, dairy products; fish

Exports: $14.2 billion (2001 est.)

Exports - commodities: dairy products, meat, wood and wood products,
fish, machinery

Exports - partners: Australia 20.4%, US 14.5%, Japan 13.5%, UK 5.4%,
South Korea, China (2000)

Imports: $12.5 billion (2001 est.)

Imports - commodities: machinery and equipment, vehicles and aircraft,
petroleum, electronics, textiles, plastics

Imports - partners: Australia 22.5%, US 17.5%, Japan 11%, UK 4%, China,
Germany (2000)

Debt - external: $31.1 billion (2001 est.)

Economic aid - donor: ODA, $99.7 million (FY00/01)

Currency: New Zealand dollar (NZD)

Currency code: NZD

Exchange rates: New Zealand dollars per US dollar - 2.3535 (January
2002), 2.3776 (2001), 2.1863 (2000), 1.8886 (1999), 1.8632 (1998), 1.5083
(1997)

Fiscal year: 1 July - 30 June

Communications New Zealand

Telephones - main lines in use: 1.92 million (2000)

Telephones - mobile cellular: 2.2 million (2000)

Telephone system: general assessment: excellent domestic and
inte