New Zealand vs Euro area
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Economy power of New Zealand & Euro area
World Rank 43
3.61
New Zealand is an island nation located in the southwestern Pacific Ocean. There are two large landmasses that constitute the entire main region of the country, namely the North Island and the South Island. Besides that, there are also 700 smaller islands.
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The euro area (eurozone) is a monetary union of 19 member states of the European Union that have the euro as their primary currency.
List of member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency.
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