New Zealand Economy

The New Zealand economy with a population of 4.4 Million (Est 2010) ranks 60th in the world with a GDP PPP of 115 billion and GDP PPP per capita of 26,670 vs 45,934 (United States) according to the IMF in 2009. Its currency the New Zealand Dollar (NZD) is one of the most traded currency in the world (10th-12th). Bank deposits held for a fixed term in New Zealand are called term deposits. According to CIA.gov its inflation was 4% in 2008 and 2.1% in 2009.