NZD to AED Live Rate

Oceania, islands in the South Pacific Ocean, southeast of Australia

Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia

41 00 S, 174 00 E

24 00 N, 54 00 E

Oceania

Middle East

total: 268,838 sq km

land: 264,537 sq km

water: 4,301 sq km

note: includes Antipodes Islands, Auckland Islands, Bounty Islands, Campbell Island, Chatham Islands, and Kermadec Islands

country comparison to the world: 77

total: 83,600 sq km

land: 83,600 sq km

water: 0 sq km

country comparison to the world: 116

0 km

total: 1,066 km

border countries (2): Oman 609 km, Saudi Arabia 457 km

15,134 km

1,318 km

territorial sea: 12 nm

contiguous zone: 24 nm

exclusive economic zone: 200 nm

continental shelf: 200 nm or to the edge of the continental margin

territorial sea: 12 nm

contiguous zone: 24 nm

exclusive economic zone: 200 nm

continental shelf: 200 nm or to the edge of the continental margin

temperate with sharp regional contrasts

desert; cooler in eastern mountains

predominately mountainous with large coastal plains

flat, barren coastal plain merging into rolling sand dunes of vast desert; mountains in east

mean elevation: 388 m

elevation extremes: lowest point: Pacific Ocean 0 m

highest point: Aoraki-Mount Cook 3,724 m

mean elevation: 149 m

elevation extremes: lowest point: Persian Gulf 0 m

highest point: Jabal Yibir 1,527 m

natural gas, iron ore, sand, coal, timber, hydropower, gold, limestone

petroleum, natural gas

agricultural land: 43.2%

arable land 1.8%; permanent crops 0.3%; permanent pasture 41.1%

forest: 31.4%

other: 25.4% (2011 est.)

agricultural land: 4.6%

arable land 0.5%; permanent crops 0.5%; permanent pasture 3.6%

forest: 3.8%

other: 91.6% (2011 est.)

7,210 sq km (2012)

923 sq km (2012)

over three-quarters of New Zealanders, including the indigenous Maori, live on the North Island, primarily in urban areas

population is heavily concentrated to the northeast on the Musandam Peninsula; the three largest emirates - Abu Dhabi, Dubai, and Sharjah - are home to nearly 85% of the population

earthquakes are common, though usually not severe; volcanic activity

volcanism: significant volcanism on North Island; Ruapehu (2,797 m), which last erupted in 2007, has a history of large eruptions in the past century; Taranaki has the potential to produce dangerous avalanches and lahars; other historically active volcanoes include Okataina, Raoul Island, Tongariro, and White Island

frequent sand and dust storms

deforestation; soil erosion; native flora and fauna hard-hit by invasive species

lack of natural freshwater resources compensated by desalination plants; desertification; beach pollution from oil spills

party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling

signed, but not ratified: Antarctic Seals, Marine Life Conservation

party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Dumping, Ozone Layer Protection

signed, but not ratified: Law of the Sea

consists of two main islands and a number of smaller islands; South Island, the larger main island, is the 12th largest island in the world and is divided along its length by the Southern Alps; North Island is the 14th largest island in the world and is not as mountainous, but it is marked by volcanism; almost 90% of the population lives in cities and over three-quarters on North Island; Wellington is the southernmost national capital in the world

strategic location along southern approaches to Strait of Hormuz, a vital transit point for world crude oil

4,510,327 (July 2017 est.)

country comparison to the world: 126

6,072,475 (July 2017 est.)

note: the UN estimated the country's total population was 9,400,145 as of mid-year 2017; immigrants make up more than 88% of the total population, according to UN data (2017)

country comparison to the world: 110

noun: New Zealander(s)

adjective: New Zealand

noun: Emirati(s)

adjective: Emirati

European 71.2%, Maori 14.1%, Asian 11.3%, Pacific peoples 7.6%, Middle Eastern, Latin American, African 1.1%, other 1.6%, not stated or unidentified 5.4%

note: based on the 2013 census of the usually resident population; percentages add up to more than 100% because respondents were able to identify more than one ethnic group (2013 est.)

Emirati 11.6%, South Asian 59.4% (includes Indian 38.2%, Bangladeshi 9.5%, Pakistani 9.4%, other 2.3%), Egyptian 10.2%, Philippine 6.1%, other 12.8% (2015 est.)

English (de facto official) 89.8%, Maori (de jure official) 3.5%, Samoan 2%, Hindi 1.6%, French 1.2%, Northern Chinese 1.2%, Yue 1%, other or not stated 20.5%, New Zealand Sign Language (de jure official)

note: shares sum to 120.8% due to multiple responses on census (2013 est.)

Arabic (official), Persian, English, Hindi, Urdu

Christian 44.3% (Catholic 11.6%, Anglican 10.8%, Presbyterian and Congregational 7.8%, Methodist, 2.4%, Pentecostal 1.8%, other 9.9%), Hindu 2.1%, Buddhist 1.4%, Maori Christian 1.3%, Islam 1.1%, other religion 1.4% (includes Judaism, Spiritualism and New Age religions, Baha'i, Asian religions other than Buddhism), no religion 38.5%, not stated or unidentified 8.2%, objected to answering 4.1%

note: based on the 2013 census of the usually resident population; percentages add up to more than 100% because respondents were able to identify more than one religion (2013 est.)

total dependency ratio: 52.9

youth dependency ratio: 30.5

elderly dependency ratio: 22.4

potential support ratio: 4.5 (2015 est.)

total dependency ratio: 17.4

youth dependency ratio: 16.2

elderly dependency ratio: 1.2

potential support ratio: 83.4 (2015 est.)

total: 37.9 years

male: 37.1 years

female: 38.8 years (2017 est.)

country comparison to the world: 64

total: 30.3 years

male: 32.1 years

female: 25 years (2017 est.)

country comparison to the world: 115

0.79% (2017 est.)

country comparison to the world: 132

2.37% (2017 est.)

country comparison to the world: 28

13.2 births/1,000 population (2017 est.)

country comparison to the world: 150

15.1 births/1,000 population (2017 est.)

country comparison to the world: 128

7.5 deaths/1,000 population (2017 est.)

country comparison to the world: 111

1.9 deaths/1,000 population (2017 est.)

country comparison to the world: 225

2.2 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 44

10.5 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 9

over three-quarters of New Zealanders, including the indigenous Maori, live on the North Island, primarily in urban areas

population is heavily concentrated to the northeast on the Musandam Peninsula; the three largest emirates - Abu Dhabi, Dubai, and Sharjah - are home to nearly 85% of the population

urban population: 86.4% of total population (2017)

rate of urbanization: 0.98% annual rate of change (2015-20 est.)

urban population: 86.1% of total population (2017)

rate of urbanization: 2.32% annual rate of change (2015-20 est.)

Auckland 1.344 million; WELLINGTON (capital) 383,000 (2015)

Dubai 2.415 million; Sharjah 1.279 million; ABU DHABI (capital) 1.145 million (2015)

at birth: 1.05 male(s)/female

0-14 years: 1.05 male(s)/female

15-24 years: 1.06 male(s)/female

25-54 years: 1 male(s)/female

55-64 years: 0.95 male(s)/female

65 years and over: 0.86 male(s)/female

total population: 0.99 male(s)/female (2017 est.)

at birth: 1.05 male(s)/female

0-14 years: 1.05 male(s)/female

15-24 years: 1.47 male(s)/female

25-54 years: 3.2 male(s)/female

55-64 years: 2.93 male(s)/female

65 years and over: 1.69 male(s)/female

total population: 2.18 male(s)/female (2017 est.)

27.8 years

note: median age at first birth (2009 est.)

11 deaths/100,000 live births (2015 est.)

country comparison to the world: 144

6 deaths/100,000 live births (2015 est.)

country comparison to the world: 165

total: 4.4 deaths/1,000 live births

male: 4.9 deaths/1,000 live births

female: 3.9 deaths/1,000 live births (2017 est.)

country comparison to the world: 183

total: 10 deaths/1,000 live births

male: 11.6 deaths/1,000 live births

female: 8.3 deaths/1,000 live births (2017 est.)

country comparison to the world: 137

total population: 81.3 years

male: 79.1 years

female: 83.5 years (2017 est.)

country comparison to the world: 27

total population: 77.7 years

male: 75 years

female: 80.4 years (2017 est.)

country comparison to the world: 69

2.02 children born/woman (2017 est.)

country comparison to the world: 116

2.32 children born/woman (2017 est.)

country comparison to the world: 87

11% of GDP (2014)

country comparison to the world: 14

3.6% of GDP (2014)

country comparison to the world: 171

3.06 physicians/1,000 population (2015)

1.56 physicians/1,000 population (2014)

2.8 beds/1,000 population (2013)

1.2 beds/1,000 population (2013)

improved:

urban: 100% of population

rural: 100% of population

total: 100% of population

unimproved:

urban: 0% of population

rural: 0% of population

total: 0% of population (2015 est.)

improved:

urban: 99.6% of population

rural: 100% of population

total: 99.6% of population

unimproved:

urban: 0.4% of population

rural: 0% of population

total: 0.4% of population (2015 est.)

NA

NA

NA

NA

NA

NA

30.8% (2016)

country comparison to the world: 22

31.7% (2016)

country comparison to the world: 20

6.3% of GDP (2015)

country comparison to the world: 16

NA

total: 19 years

male: 18 years

female: 20 years (2014)

total: 13.2%

male: 13.1%

female: 13.4% (2016 est.)

country comparison to the world: 98

total: 12.1%

male: 7.9%

female: 21.8% (2008 est.)

country comparison to the world: 108

improved:

urban: 98% of population

rural: 95.2% of population

total: 97.6% of population

unimproved:

urban: 2% of population

rural: 4.8% of population

total: 2.4% of population (2015 est.)

definition: age 15 and over can read and write

total population: 93.8%

male: 93.1%

female: 95.8% (2015 est.)

conventional long form: none

conventional short form: New Zealand

abbreviation: NZ

etymology: Dutch explorer Abel TASMAN was the first European to reach New Zealand in 1642; he named it Staten Landt, but Dutch cartographers renamed it Nova Zeelandia in 1645 after the Dutch province of Zeeland; British explorer Captain James COOK subsequently anglicized the name to New Zealand when he mapped the islands in 1769

conventional long form: United Arab Emirates

conventional short form: none

local long form: Al Imarat al Arabiyah al Muttahidah

local short form: none

former: Trucial Oman, Trucial States

abbreviation: UAE

etymology: self-descriptive country name; the name "Arabia" can be traced back many centuries B.C., the ancient Egyptians referred to the region as "Ar Rabi"; "emirates" derives from "amir" the Arabic word for "commander," "lord," or "prince"

parliamentary democracy (New Zealand Parliament) under a constitutional monarchy; a Commonwealth realm

federation of monarchies

name: Wellington

geographic coordinates: 41 18 S, 174 47 E

time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time)

daylight saving time: +1hr, begins last Sunday in September; ends first Sunday in April

note: New Zealand has two time zones - New Zealand standard time (12 hours in advance of UTC), and Chatham Islands time (45 minutes in advance of New Zealand standard time)

name: Abu Dhabi

geographic coordinates: 24 28 N, 54 22 E

time difference: UTC+4 (9 hours ahead of Washington, DC, during Standard Time)

16 regions and 1 territory*; Auckland, Bay of Plenty, Canterbury, Chatham Islands*, Gisborne, Hawke's Bay, Manawatu-Wanganui, Marlborough, Nelson, Northland, Otago, Southland, Taranaki, Tasman, Waikato, Wellington, West Coast

7 emirates (imarat, singular - imarah); Abu Zaby (Abu Dhabi), 'Ajman, Al Fujayrah, Ash Shariqah (Sharjah), Dubayy (Dubai), Ra's al Khaymah, Umm al Qaywayn

Cook Islands, Niue, Tokelau

26 September 1907 (from the UK)

2 December 1971 (from the UK)

Waitangi Day (Treaty of Waitangi established British sovereignty over New Zealand), 6 February (1840); Anzac Day (commemorated as the anniversary of the landing of troops of the Australian and New Zealand Army Corps during World War I at Gallipoli, Turkey), 25 April (1915)

Independence Day (National Day), 2 December (1971)

history: New Zealand has no single constitution document; the Constitution Act 1986, effective 1 January 1987, includes only part of the uncodified constitution; others include a collection of statutes or "acts of Parliament," the Treaty of Waitangi, Orders in Council, letters patent, court decisions, and unwritten conventions

amendments: proposed as "bills” by Parliament or by referenda called either by the government or by citizens; passage of a bill as an “act” normally requires two separate readings with committee reviews in between to make changes and corrections, a third reading approved by the House of Representatives membership or by the majority of votes in a referendum, and assent to by the governor-general; passage of amendments to “reserved” constitutional provisions affecting the term of Parliament, electoral districts, and voting restrictions requires approval by 75 percent of the House membership or the majority of votes in a referendum; amended many times, last in 2014 (2018)

history: previous 1971 (provisional); latest drafted in 1979, became permanent May 1996

amendments: proposed by the Supreme Council and submitted to the Federal National Council; passage requires at least a two-thirds majority vote of Federal National Council members present, and approval by the Supreme Council president; amended 2009 (2016)

common law system, based on English model, with special legislation and land courts for the Maori

mixed legal system of Islamic law and civil law

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt

citizenship by birth: no

citizenship by descent only: at least one parent must be a citizen of New Zealand

dual citizenship recognized: yes

residency requirement for naturalization: 3 years

citizenship by birth: no

citizenship by descent only: the father must be a citizen of the United Arab Emirates; if the father is unknown, the mother must be a citizen

dual citizenship recognized: no

residency requirement for naturalization: 30 years

18 years of age; universal

limited; note - rulers of the seven emirates each select a proportion of voters for the Federal National Council (FNC) that together account for about 12 percent of Emirati citizens

chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Dame Patricia Lee REDDY (since 28 September 2016)

head of government: Prime Minister Jacinda ARDERN (since 26 October 2017); Deputy Prime Minister Winston PETERS (since 26 October 2017)

cabinet: Executive Council appointed by the governor general on the recommendation of the prime minister

elections/appointments: the monarchy is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or majority coalition usually appointed prime minister by the governor general; deputy prime minister appointed by the governor general; note - Prime Minister ARDERN heads up a minority coalition government consisting of the Labor and New Zealand First parties with support from the Green Party

chief of state: President KHALIFA bin Zayid Al-Nuhayyan (since 3 November 2004), ruler of Abu Zaby (Abu Dhabi) (since 4 November 2004); Vice President and Prime Minister MUHAMMAD BIN RASHID Al-Maktum (since 5 January 2006)

head of government: Prime Minister Vice President MUHAMMAD BIN RASHID Al-Maktum (since 5 January 2006); Deputy Prime Ministers SAIF bin Zayid Al-Nuhayyan, MANSUR bin Zayid Al-Nuhayyan (both since 11 May 2009)

cabinet: Council of Ministers announced by the prime minister and approved by the president

elections/appointments: president and vice president indirectly elected by the Federal Supreme Council - composed of the rulers of the 7 emirates - for a 5-year term (no term limits); election last held 3 November 2009 (next election NA); prime minister and deputy prime minister appointed by the president

election results: KHALIFA bin Zayid Al-Nuhayyan reelected president; FSC vote NA

note: there is also a Federal Supreme Council (FSC) composed of the 7 emirate rulers; the FSC is the highest constitutional authority in the UAE; establishes general policies and sanctions federal legislation; meets 4 times a year; Abu Zaby (Abu Dhabi) and Dubayy (Dubai) rulers have effective veto power

description: unicameral House of Representatives - commonly called Parliament (usually 120 seats; 70 members directly elected in single-seat constituencies, including 7 Maori constituencies, by simple majority vote and 50 directly elected by proportional representation vote; members serve 3-year terms)

elections: last held on 23 September 2017 (next to be held in September 2020)

election results: percent of vote by party - National Party 46%, Labor Party 35.9%, NZ First 7.5%, Green Party 5.9%, ACT Party .5%; seats by party - National Party 56, Labor Party 46, NZ First 9, Green Party 8, ACT Party 1

description: unicameral Federal National Council (FNC) or Majlis al-Ittihad al-Watani (40 seats; 20 members indirectly elected by an electoral college whose members are selected by each emirate ruler proportional to its FNC membership, and 20 members appointed by the rulers of the 7 constituent states; members serve 4-year terms)

elections: last held on 3 October 2015 (next to be held in 2019); note - the electoral college was expanded from 129,274 electors in the December 2011 election to 224,279 in the October 2015 election; 347 candidates including 78 women ran for 20 contested seats in the 40-member FNC

election results: 19 men and 1 woman were elected; seats by emirate - Abu Dhabi 4, Dubai 4, Sharjah 3, Ras al-Khaimah 3, Ajman 2, Fujairah 2, Umm al-Quwain 2; note - only 1 woman (from Ras Al Khaimah) won an FNC seat

highest court(s): Supreme Court (consists of 5 justices including the chief justice); note - the Supreme Court in 2004 replaced the Judicial Committee of the Privy Council (in London) as the final appeals court

judge selection and term of office: justices appointed by the governor-general on the recommendation of the attorney-general; justices appointed for life

subordinate courts: Court of Appeal; High Court; tribunals and authorities; district courts; specialized courts for issues related to employment, environment, Maori lands, and military

highest court(s): Federal Supreme Court (consists of the court president and 4 judges; jurisdiction limited to federal cases)

judge selection and term of office: judges appointed by the federal president following approval by the Federal Supreme Council, the highest executive and legislative authority consisting of the 7 emirate rulers; judges serve until retirement age or the expiry of their appointment terms

subordinate courts: Federal Court of Cassation (determines the constitutionality of laws promulgated at the federal and emirate level; federal level courts of first instance and appeals courts; the emirates of Abu Dhabi, Dubai, and Ra's al Khaymah have parallel court systems; the other 4 emirates have incorporated their courts into the federal system; note - the Abu Dhabi Global Market Courts and the Dubai International Financial Center Courts both adjudicate civil and commercial disputes.

ACT New Zealand [David SEYMOUR]

Green Party [James SHAW]

Mana Movement [Hone HARAWIRA] (formerly Mana Party)

Maori Party [Marama FOX]

New Zealand First Party or NZ First [Winston PETERS]

New Zealand Labor Party [Jacinda ARDERN]

New Zealand National Party [Simon BRIDGES]

United Future New Zealand [Damian LIGHT]

none; political parties are banned

Women's Electoral Lobby or WEL

other: apartheid groups; civil rights groups; farmers groups; Maori; nuclear weapons groups; women's rights groups

NA

ADB, ANZUS (US suspended security obligations to NZ on 11 August 1986), APEC, ARF, ASEAN (dialogue partner), Australia Group, BIS, C, CD, CP, EAS, EBRD, FAO, FATF, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NSG, OECD, OPCW, Pacific Alliance (observer), Paris Club (associate), PCA, PIF, SICA (observer), Sparteca, SPC, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMISS, UNTSO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

ABEDA, AfDB (nonregional member), AFESD, AMF, BIS, CAEU, CICA, FAO, G-77, GCC, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, LAS, MIGA, NAM, OAPEC, OIC, OIF (observer), OPCW, OPEC, PCA, UN, UNCTAD, UNESCO, UNIDO, UNRWA, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO

chief of mission: Ambassador Timothy John GROSER (since 28 January 2016)

chancery: 37 Observatory Circle NW, Washington, DC 20008

telephone: [1] (202) 328-4800

FAX: [1] (202) 667-5227[1] (202) 667-5227

consulate(s) general: Honolulu (HI), Los Angeles, New York

chief of mission: Ambassador Yusif bin Mana bin Said al-UTAYBA (since 28 July 2008)

chancery: 3522 International Court NW, Suite 400, Washington, DC 20008

telephone: [1] (202) 243-2400

FAX: [1] (202) 243-2432

consulate(s) general: Boston, Los Angeles, New York

chief of mission: Ambassador Scott P. BROWN (since 27 June 2017) note - also accredited to Samoa

embassy: 29 Fitzherbert Terrace, Thorndon, Wellington

mailing address: P. O. Box 1190, Wellington; PSC 467, Box 1, APO AP 96531-1034

telephone: [64] (4) 462-6000

FAX: [64] (4) 499-0490

consulate(s) general: Auckland

chief of mission: Charge d'Affaires Steven C. BONDY (since 22 March 2018)

embassy: Embassies District, Plot 38 Sector W59-02, Street No. 4, Abu Dhabi

mailing address: P. O. Box 4009, Abu Dhabi

telephone: [971] (2) 414-2200

FAX: [971] (2) 414-2603

consulate(s) general: Dubai

blue with the flag of the UK in the upper hoist-side quadrant with four red five-pointed stars edged in white centered in the outer half of the flag; the stars represent the Southern Cross constellation

three equal horizontal bands of green (top), white, and black with a wider vertical red band on the hoist side; the flag incorporates all four Pan-Arab colors, which in this case represent fertility (green), neutrality (white), petroleum resources (black), and unity (red); red was the traditional color incorporated into all flags of the emirates before their unification

Southern Cross constellation (four, five-pointed stars), kiwi (bird), silver fern; national colors: black, white, red (ochre)

golden falcon; national colors: green, white, black, red

name: "God Defend New Zealand"

lyrics/music: Thomas BRACKEN [English], Thomas Henry SMITH [Maori]/John Joseph WOODS

note: adopted 1940 as national song, adopted 1977 as co-national anthem; New Zealand has two national anthems with equal status; as a commonwealth realm, in addition to "God Defend New Zealand," "God Save the Queen" serves as a national anthem (see United Kingdom); "God Save the Queen" normally played only when a member of the royal family or the governor-general is present; in all other cases, "God Defend New Zealand" is played

name: "Nashid al-watani al-imarati" (National Anthem of the UAE)

lyrics/music: AREF Al Sheikh Abdullah Al Hassan/Mohamad Abdel WAHAB

note: music adopted 1971, lyrics adopted 1996; Mohamad Abdel WAHAB also composed the music for the anthem of Tunisia

Over the past 40 years, the government has transformed New Zealand from an agrarian economy, dependent on concessionary British market access, to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes, but left behind some at the bottom of the ladder and broadened and deepened the technological capabilities of the industrial sector.

Per capita income rose for 10 consecutive years until 2007 in purchasing power parity terms, but fell in 2008-09. Debt-driven consumer spending drove robust growth in the first half of the decade, fueling a large balance of payments deficit that posed a challenge for policymakers. Inflationary pressures caused the central bank to raise its key rate steadily from January 2004 until it was among the highest in the OECD in 2007 and 2008. The higher rate attracted international capital inflows, which strengthened the currency and housing market while aggravating the current account deficit. Rising house prices, especially in Auckland, have become a political issue in recent years, as well as a policy challenge in 2016 and 2017, as the ability to afford housing has declined for many.

Expanding New Zealand’s network of free trade agreements remains a top foreign policy priority. New Zealand was an early promoter of the Trans-Pacific Partnership (TPP) and was the second country to ratify the agreement in May 2017. Following the United States’ withdrawal from the TPP in January 2017, on 10 November 2017 the remaining 11 countries agreed on the core elements of a modified agreement, which they renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). In November 2016, New Zealand opened negotiations to upgrade its FTA with China; China is one of New Zealand’s most important trading partners.

The UAE has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification have reduced the portion of GDP from the oil and gas sector to 30%.

Since the discovery of oil in the UAE nearly 60 years ago, the country has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. The government has increased spending on job creation and infrastructure expansion and is opening up utilities to greater private sector involvement. The country's free trade zones - offering 100% foreign ownership and zero taxes - are helping to attract foreign investors.

The global financial crisis of 2008-09, tight international credit, and deflated asset prices constricted the economy in 2009. UAE authorities tried to blunt the crisis by increasing spending and boosting liquidity in the banking sector. The crisis hit Dubai hardest, as it was heavily exposed to depressed real estate prices. Dubai lacked sufficient cash to meet its debt obligations, prompting global concern about its solvency and ultimately a $20 billion bailout from the UAE Central Bank and Abu Dhabi Government that was refinanced in March 2014.

The UAE’s dependence on oil is a significant long-term challenge, although the UAE is one of the most diversified countries in the Gulf Cooperation Council. Low oil prices have prompted the UAE to cut expenditures, including on some social programs, but the UAE has sufficient assets in its sovereign investment funds to cover its deficits. The government reduced fuel subsidies in August 2015, and has announced plans to introduce excise and value-added taxes by January 1, 2018. The UAE's strategic plan for the next few years focuses on economic diversification, promoting the UAE as a global trade and tourism hub, developing industry, and creating more job opportunities for nationals through improved education and increased private sector employment.

$185.7 billion (2017 est.)

$179.5 billion (2016 est.)

$173.3 billion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 70

$691.9 billion (2017 est.)

$682.8 billion (2016 est.)

$662.7 billion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 33

$200.8 billion (2017 est.)

$378.7 billion (2017 est.)

3.5% (2017 est.)

3.6% (2016 est.)

3.2% (2015 est.)

country comparison to the world: 94

1.3% (2017 est.)

3% (2016 est.)

3.8% (2015 est.)

country comparison to the world: 181

$38,500 (2017 est.)

$37,800 (2016 est.)

$37,300 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 47

$68,200 (2017 est.)

$69,300 (2016 est.)

$69,200 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 14

21.1% of GDP (2017 est.)

20.5% of GDP (2016 est.)

20.1% of GDP (2015 est.)

country comparison to the world: 82

24.8% of GDP (2017 est.)

27.5% of GDP (2016 est.)

29.7% of GDP (2015 est.)

country comparison to the world: 53

household consumption: 57.1%

government consumption: 18.4%

investment in fixed capital: 23.2%

investment in inventories: 0.3%

exports of goods and services: 27.4%

imports of goods and services: -26.4% (2017 est.)

household consumption: 50.5%

government consumption: 12.1%

investment in fixed capital: 20.4%

investment in inventories: 1.3%

exports of goods and services: 94.9%

imports of goods and services: -79.2% (2017 est.)

agriculture: 3.9%

industry: 26.2%

services: 69.9% (2017 est.)

agriculture: 0.9%

industry: 49.8%

services: 49.2% (2017 est.)

dairy products, sheep, beef, poultry, fruit, vegetables, wine, seafood, wheat and barley

dates, vegetables, watermelons; poultry, eggs, dairy products; fish

agriculture, forestry, fishing, logs and wood articles, manufacturing, mining, construction, financial services, real estate services, tourism

petroleum and petrochemicals; fishing, aluminum, cement, fertilizer, commercial ship repair, construction materials, handicrafts, textiles

2.5% (2017 est.)

country comparison to the world: 111

-0.1% (2017 est.)

country comparison to the world: 189

2.655 million (2017 est.)

country comparison to the world: 114

5.344 million

note: expatriates account for about 85% of the workforce (2017 est.)

country comparison to the world: 78

agriculture: 7%

industry: 19%

services: 74% (2006 est.)

agriculture: 7%

industry: 15%

services: 78% (2000 est.)

4.9% (2017 est.)

5.1% (2016 est.)

country comparison to the world: 66

3.6% (2014 est.)

2.4% (2001 est.)

country comparison to the world: 39

NA%

19.5% (2003 est.)

lowest 10%: NA%

highest 10%: NA%

lowest 10%: NA%

highest 10%: NA%

36.2 (1997 est.)

country comparison to the world: 92

revenues: $73.2 billion

expenditures: $71.9 billion (2017 est.)

revenues: $83.44 billion

expenditures: $112.4 billion

note: the UAE federal budget does not account for emirate-level spending in Abu Dhabi and Dubai (2017 est.)

36.4% of GDP (2017 est.)

country comparison to the world: 49

22% of GDP (2017 est.)

country comparison to the world: 136

0.7% of GDP (2017 est.)

country comparison to the world: 21

-7.6% of GDP (2017 est.)

country comparison to the world: 195

32% of GDP (2017 est.)

33.3% of GDP (2016 est.)

country comparison to the world: 159

60.3% of GDP (2017 est.)

62.7% of GDP (2016 est.)

country comparison to the world: 73

1 April - 31 March

note: this is the fiscal year for tax purposes

calendar year

2.2% (2017 est.)

0.6% (2016 est.)

country comparison to the world: 106

2.1% (2017 est.)

1.8% (2016 est.)

country comparison to the world: 100

2.5% (31 December 2009 est.)

5% (31 December 2008 est.)

country comparison to the world: 114

NA%

4.9% (31 December 2017 est.)

5.02% (31 December 2016 est.)

country comparison to the world: 147

$44.4 billion (31 December 2017 est.)

$42.01 billion (31 December 2016 est.)

country comparison to the world: 56

$134.8 billion (31 December 2017 est.)

$129 billion (31 December 2016 est.)

country comparison to the world: 31

$199.9 billion (31 December 2017 est.)

$190 billion (31 December 2016 est.)

country comparison to the world: 40

$355.8 billion (31 December 2017 est.)

$333.6 billion (31 December 2016 est.)

country comparison to the world: 32

$300.9 billion (31 December 2017 est.)

$284.7 billion (31 December 2016 est.)

country comparison to the world: 38

$412.5 billion (31 December 2017 est.)

$389.9 billion (31 December 2016 est.)

country comparison to the world: 32

$74.35 billion (31 December 2015 est.)

$74.42 billion (31 December 2014 est.)

$65.96 billion (31 December 2013 est.)

country comparison to the world: 45

$195.9 billion (31 December 2015 est.)

$201.6 billion (31 December 2014 est.)

$180.3 billion (31 December 2013 est.)

country comparison to the world: 33

$-7.17 billion (2017 est.)

$-5.013 billion (2016 est.)

country comparison to the world: 181

$7.878 billion (2017 est.)

$8.412 billion (2016 est.)

country comparison to the world: 23

$37.35 billion (2017 est.)

$33.61 billion (2016 est.)

country comparison to the world: 55

$314.7 billion (2017 est.)

$298.6 billion (2016 est.)

country comparison to the world: 18

dairy products, meat and edible offal, logs and wood articles, fruit, crude oil, wine

crude oil 45%, natural gas, reexports, dried fish, dates (2012 est.)

China 19.4%, Australia 17.1%, US 10.9%, Japan 6.2% (2016)

India 9.9%, Iran 8.9%, Japan 8.8%, Switzerland 8.5%, Oman 5.4%, China 5.1% (2016)

$38.74 billion (2017 est.)

$35.53 billion (2016 est.)

country comparison to the world: 58

$241.3 billion (2017 est.)

$230.3 billion (2016 est.)

country comparison to the world: 20

petroleum and products, mechanical machinery, vehicles and parts, electrical machinery, textiles

machinery and transport equipment, chemicals, food

China 19.9%, Australia 12.6%, US 11.3%, Japan 7.1%, Germany 4.8%, Thailand 4.5%, South Korea 4.2% (2016)

China 7.4%, US 6.9%, India 6.8%, Germany 4.4% (2016)

$18.32 billion (31 December 2017 est.)

$17.81 billion (31 December 2016 est.)

country comparison to the world: 63

$89.79 billion (31 December 2017 est.)

$85.39 billion (31 December 2016 est.)

country comparison to the world: 28

$88.08 billion (31 December 2017 est.)

$84.03 billion (31 December 2016 est.)

country comparison to the world: 54

$239.7 billion (31 December 2017 est.)

$218.7 billion (31 December 2016 est.)

country comparison to the world: 34

$78.25 billion (31 December 2017 est.)

$77.31 billion (31 December 2016 est.)

country comparison to the world: 52

$144.3 billion (31 December 2017 est.)

$134.8 billion (31 December 2016 est.)

country comparison to the world: 38

$59.08 billion (31 December 2009 est.)

country comparison to the world: 41

$124.9 billion (31 December 2017 est.)

$114.6 billion (31 December 2016 est.)

country comparison to the world: 33

New Zealand dollars (NZD) per US dollar -

1.42 (2017 est.)

1.43 (2016 est.)

1.43 (2015 est.)

1.43 (2014 est.)

1.2 (2013 est.)

Emirati dirhams (AED) per US dollar -

3.67 (2017 est.)

3.67 (2016 est.)

3.67 (2015 est.)

3.67 (2014 est.)

3.67 (2013 est.)

electrification - total population: 100% (2016)

population without electricity: 177,824

electrification - total population: 98%

electrification - urban areas: 99%

electrification - rural areas: 93% (2012)

42.77 billion kWh (2015 est.)

country comparison to the world: 58

119.7 billion kWh (2015 est.)

country comparison to the world: 32

39.93 billion kWh (2015 est.)

country comparison to the world: 57

110.6 billion kWh (2015 est.)

country comparison to the world: 32

0 kWh (2016 est.)

country comparison to the world: 181

0 kWh (2016 est.)

country comparison to the world: 98

0 kWh (2016 est.)

country comparison to the world: 184

0 kWh (2016 est.)

country comparison to the world: 118

9.454 million kW (2015 est.)

country comparison to the world: 65

28.9 million kW (2015 est.)

country comparison to the world: 34

24% of total installed capacity (2015 est.)

country comparison to the world: 191

99.5% of total installed capacity (2015 est.)

country comparison to the world: 29

0% of total installed capacity (2015 est.)

country comparison to the world: 160

0% of total installed capacity (2015 est.)

country comparison to the world: 35

56.5% of total installed capacity (2015 est.)

country comparison to the world: 31

0% of total installed capacity (2015 est.)

country comparison to the world: 158

19.7% of total installed capacity (2015 est.)

country comparison to the world: 31

0.5% of total installed capacity (2015 est.)

country comparison to the world: 151

34,730 bbl/day (2016 est.)

country comparison to the world: 60

3.106 million bbl/day (2016 est.)

country comparison to the world: 8

30,560 bbl/day (2016 est.)

country comparison to the world: 49

2.684 million bbl/day (2014 est.)

country comparison to the world: 4

109,200 bbl/day (2016 est.)

country comparison to the world: 42

0 bbl/day (2014 est.)

country comparison to the world: 88

56.9 million bbl (1 January 2017 est.)

country comparison to the world: 79

97.8 billion bbl (1 January 2017 est.)

country comparison to the world: 7

117,100 bbl/day (2016 est.)

country comparison to the world: 65

479,400 bbl/day (2014 est.)

country comparison to the world: 33

167,700 bbl/day (2016 est.)

country comparison to the world: 63

901,000 bbl/day (2015 est.)

country comparison to the world: 25

3,863 bbl/day (2016 est.)

country comparison to the world: 102

334,900 bbl/day (2014 est.)

country comparison to the world: 26

54,750 bbl/day (2016 est.)

country comparison to the world: 78

413,700 bbl/day (2014 est.)

country comparison to the world: 22

4.954 billion cu m (2015 est.)

country comparison to the world: 51

60.18 billion cu m (2015 est.)

country comparison to the world: 15

9.08 billion cu m (2015 est.)

country comparison to the world: 56

186 billion cu m (2015 est.)

country comparison to the world: 8

0 cu m (2014 est.)

country comparison to the world: 163

11.08 billion cu m (2015 est.)

country comparison to the world: 21

0 cu m (2014 est.)

country comparison to the world: 171

20.53 billion cu m (2015 est.)

country comparison to the world: 14

35.88 billion cu m (1 January 2017 est.)

country comparison to the world: 69

6.091 trillion cu m (1 January 2017 est.)

country comparison to the world: 7

37 million Mt (2013 est.)

country comparison to the world: 72

245 million Mt (2013 est.)

country comparison to the world: 26

total subscriptions: 1.76 million

subscriptions per 100 inhabitants: 41 (July 2016 est.)

country comparison to the world: 62

total subscriptions: 2,285,809

subscriptions per 100 inhabitants: 39 (July 2016 est.)

country comparison to the world: 56

total: 5.8 million

subscriptions per 100 inhabitants: 129 (July 2016 est.)

country comparison to the world: 113

total: 19,905,093

subscriptions per 100 inhabitants: 328 (July 2016 est.)

country comparison to the world: 59

general assessment: excellent domestic and international systems

domestic: combined fixed-line and mobile-cellular telephone subscribership exceeds 170 per 100 persons

international: country code - 64; the Southern Cross submarine cable system provides links to Australia, Fiji, and the US; satellite earth stations - 8 (1 Inmarsat - Pacific Ocean, 7 other) (2016)

general assessment: modern fiber-optic integrated services; digital network with rapidly growing use of mobile-cellular telephones; key centers are Abu Dhabi and Dubai

domestic: microwave radio relay, fiber-optic and coaxial cable

international: country code - 971; linked to the international submarine cable FLAG (Fiber-Optic Link Around the Globe); landing point for both the SEA-ME-WE-3 and SEA-ME-WE-4 submarine cable networks; satellite earth stations - 3 Intelsat (1 Atlantic Ocean and 2 Indian) (2016)

state-owned Television New Zealand operates multiple TV networks and state-owned Radio New Zealand operates 3 radio networks and an external shortwave radio service to the South Pacific region; a small number of national commercial TV and radio stations and many regional commercial television and radio stations are available; cable and satellite TV systems are available, as are a range of streaming services, as are a range of streaming services (2018)

except for the many organizations now operating in media free zones in Abu Dhabi and Dubai, most TV and radio stations remain government-owned; widespread use of satellite dishes provides access to pan-Arab and other international broadcasts; restrictions since June 2017 on some satellite channels and websites originating from or otherwise linked to Qatar (2018)

.nz

.ae

total: 3,958,642

percent of population: 88.5% (July 2016 est.)

country comparison to the world: 89

total: 5,370,299

percent of population: 90.6% (July 2016 est.)

country comparison to the world: 74

number of registered air carriers: 6

inventory of registered aircraft operated by air carriers: 123

annual passenger traffic on registered air carriers: 15,304,409

annual freight traffic on registered air carriers: 999,384,961 mt-km (2015)

number of registered air carriers: 12

inventory of registered aircraft operated by air carriers: 498

annual passenger traffic on registered air carriers: 84,738,479

annual freight traffic on registered air carriers: 16.647 billion mt-km (2015)

ZK (2016)

A6 (2016)

123 (2013)

country comparison to the world: 48

43 (2013)

country comparison to the world: 100

total: 39

over 3,047 m: 2

2,438 to 3,047 m: 1

1,524 to 2,437 m: 12

914 to 1,523 m: 23

under 914 m: 1 (2017)

total: 25

over 3,047 m: 12

2,438 to 3,047 m: 3

1,524 to 2,437 m: 5

914 to 1,523 m: 3

under 914 m: 2 (2013)

total: 84

1,524 to 2,437 m: 3

914 to 1,523 m: 33

under 914 m: 48 (2013)

total: 18

over 3,047 m: 1

2,438 to 3,047 m: 1

1,524 to 2,437 m: 4

914 to 1,523 m: 6

under 914 m: 6 (2013)

condensate 331 km; gas 2,500 km; liquid petroleum gas 172 km; oil 288 km; refined products 198 km (2018)

condensate 533 km; gas 3,277 km; liquid petroleum gas 300 km; oil 3,287 km; oil/gas/water 24 km; refined products 218 km; water 99 km (2013)

total: 4,128 km

narrow gauge: 4,128 km 1.067-m gauge (506 km electrified) (2018)

country comparison to the world: 44

total: 94,000 km

paved: 61,600 km (includes 199 km of expressways)

unpaved: 32,400 km (2017)

country comparison to the world: 52

total: 4,080 km

paved: 4,080 km (includes 253 km of expressways) (2008)

country comparison to the world: 157

total: 103

by type: general cargo 16, oil tanker 4, other 83 (2017)

country comparison to the world: 83

total: 618

by type: general cargo 97, oil tanker 26, other 495 (2017)

country comparison to the world: 34

major seaport(s): Auckland, Lyttelton, Manukau Harbor, Marsden Point, Tauranga, Wellington

major seaport(s): Al Fujayrah, Mina' Jabal 'Ali (Dubai), Khor Fakkan (Khawr Fakkan) (Sharjah), Mubarraz Island (Abu Dhabi), Mina' Rashid (Dubai), Mina' Saqr (Ra's al Khaymah)

container port(s) (TEUs): Dubai Port (15,585,000), Khor Fakkan (Khawr Fakkan) (Sharjah) (4,414,000) (2015)

LNG terminal(s) (export): Das Island

5 (2013)

1.1% of GDP (2017)

1.13% of GDP (2016)

1.11% of GDP (2015)

1.13% of GDP (2014)

1.12% of GDP (2013)

country comparison to the world: 106

4.86% of GDP (2017)

4.99% of GDP (2016)

5.66% of GDP (2014)

6.06% of GDP (2013)

country comparison to the world: 6

New Zealand Defense Force (NZDF): New Zealand Army, Royal New Zealand Navy, Royal New Zealand Air Force) (2018)

United Arab Emirates Armed Forces: Critical Infrastructure Coastal Patrol Agency (CICPA), Land Forces, Navy, Air Force and Air Defense, Presidential Guard, Joint Aviation Command (2018)

17 years of age for voluntary military service; soldiers cannot be deployed until the age of 18; no conscription; 3 years of secondary education required; must be a citizen of NZ, the UK, Australia, Canada, or the US, and resident of NZ for the previous 5 years (2018)

18-30 years of age for compulsory military service for men, optional service for women; 17 years of age for male volunteers with parental approval; 2-year general obligation, 12 months for secondary school graduates; women may train for 9 months regardless of education (2016)

asserts a territorial claim in Antarctica (Ross Dependency)

boundary agreement was signed and ratified with Oman in 2003 for entire border, including Oman's Musandam Peninsula and Al Madhah enclaves, but contents of the agreement and detailed maps showing the alignment have not been published; Iran and UAE dispute Tunb Islands and Abu Musa Island, which Iran occupies

significant consumer of amphetamines

the UAE is a drug transshipment point for traffickers given its proximity to Southwest Asian drug-producing countries; the UAE's position as a major financial center makes it vulnerable to money laundering; anti-money-laundering controls improving, but informal banking remains unregulated