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Macroeconomic Analysis
New Zealand PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate, and business activities contributed 33.9% to New Zealand’s gross value added (GVA) in 2022, followed by mining, manufacturing, and utilities (13.7%), and wholesale, retail, and hotels business activities (12.3%). In nominal terms, the three sectors are expected to grow by 7.1%, 7.2%, and 7.2%, respectively, in 2023. Auckland, Wellington, and Christchurch were home to 45.1% of New Zealand’s total population in 2022. Auckland remains the country’s most economically active region, contributing 32.6% to the country’s GDP...