89
November, 2020
New Zealand
Global:
2
Availability:
21
Cost:
10
Regulation:
3
Productivity:
13
2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 15)
Region:
1
Availability:
7
Cost:
6
Regulation:
1
Productivity:
6
Remote
Readiness
6
Remote
Readiness
21
Borders are closed to foreign citizens and
residents with some limited exceptions for
family members and healthcare workers.
Arrivals must quarantine for 14 days and
provide a negative Covid-19 test result.
Schools and businesses are open.
19.5%
8.8%
0%
30%
New Zealand Regional Ave.
%
of
GDP
New Zealand
Q4 2019* Q4 2020*
% Change
YOY
Total Workforce
2.78M 2.85M +2.4%
Unemployment Rate (%) 4.2% 5.3% +26%
Unemployed Workers 117K 151K +29%
New Zealand has spent $38 billion USD on Covid-19 measures. The key measures to support the economy
and jobs include:
• Wage subsidies available to all impacted employers
• Income support for vulnerable people
• Covid-19 leave and isolation support
• Sector specific financial packages for the aviation and tourism sectors
• Tax relief for businesses
• Infrastructure projects – housing and transport
• https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19
Manpower 2020 Total Workforce Index
Workforce Statistics
Covid-19 Situation
Covid-19 Government Spend as % of GDP Border Closures and Restrictions
Additional Government Spending and Foregone Revenue to September 2020
Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis)
*Reported figures at Q4 each year
https://covid19.who.int/
https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in-
Response-to-COVID-19
Other Sources:
https://data.worldbank.org/
https://ilostat.ilo.org/
https://home.kpmg/xx/en/home/insights/
https://www.gov.uk/foreign-travel-advice
United States Embassy
https://tradingeconomics.com/
http://infoshare.stats.govt.nz/
