Information and Communications Technology (ICT) is an integral part of the New Zealand economy, contributing $6.2 billion, or 5.1 percent, to GDP.
The ICT sector provides the equivalent of 36,300 full-time jobs and includes around 8,800 New Zealand companies, of which 8.5 percent have annual revenues of more than $1 million.
The ICT sector offers a high-value opportunity to help grow the New Zealand economy. It is a key enabler and driver of productivity in the economy, such as through providing links in global value chains.
The Growth and Innovation Framework identifies Information and Communications Technology as a key sector in New Zealand’s economic wellbeing because of its ability to lift productivity and its status as a powerhouse of economic growth in its own right.
