Get access to latest New Zealand tenders and bids. Find business opportunities and business intelligence from public and private procurement in New Zealand. Find international bid invitations and information about tenders, bids, procurement, RFPs, RFQs, ICBs and detailed analysis across all sectors from New Zealand.
The economy of New Zealand is a highly developed free-market economy. It is the 52nd-largest national economy in the world when measured by nominal gross domestic product and the 63rd-largest in the world when measured by purchasing power parity. New Zealand has a large GDP for its population of 5 million, and sources of revenue are spread throughout the large island nation. The country has one of the most globalised economies and depends greatly on international trade – mainly with Australia, Canada, China, the European Union, Japan, Singapore, South Korea and the United States. New Zealand's diverse economy has a sizable service sector, accounting for 63% of all GDP activity as of 2013. Large-scale manufacturing industries include aluminium production, food processing, metal fabrication, wood and paper products. Mining, manufacturing, electricity, gas, water, and waste services accounted for 16.5% of GDP as of 2013. The information technology sector is growing rapidly. The major capital market is the New Zealand Exchange. As of February 2014, NZX had a total of 258 listed securities with a combined market capitalisation of NZD $94.1 billion. New Zealand's currency, the New Zealand dollar also circulates in four Pacific Island territories. The New Zealand dollar is the 10th-most traded currency in the world.