These set the minimum total capital ratio requirements at 10.5%, which is the level of New Zealand’s current minimum total capital requirements. However, it is common to see other jurisdictions go above and beyond these standards to suit their particular circumstances. This is where our journey really begins, and it starts with the question: What are the correct capital requirements for New Zealand?
The share of total exports in GDP increased from 19.0% in 2009 to 36% in 2018. Exports of goods and services, excluding the shipping sector, have increased in real terms by 60% since their trough in 2009, outperforming euro area exports as a whole.