Prime Minister Jacinda Ardern has been ranked 13th in a global list of powerful women in politics, well above Hillary Clinton.
Angela Merkel, Chancellor of Germany, came out on top in the latest 'Women Who Rule the World' Forbes list, while UK Prime Minister Theresa May came in second and Taiwan President Tsa Ing-Wen came third.
Ivanka Trump, White House senior adviser and Donald Trump's daughter, is placed at number six.
Jacinda Ardern is described by Forbes as the world's youngest female leader who "surged to power in New Zealand on a wave of voter excitement dubbed Jacindamania".
"She promises an 'empathetic' government, with ambitious plans to tackle climate change and eradicate child poverty. In her spare time, she likes to DJ."
Forbes noted that the number of female world leaders has more than doubled since 2000, but "they are still a long way from parity with men".
There are no women from Australia ranked on the list.
When it comes to the top 100 most powerful women in the world, in all fields, Jacinda Ardern is ranked at 38th.
Forbes' top 22 most powerful women in politics:
1: Angela Merkel, Chancellor Germany
2: Theresa May, Prime Minister, U.K.
3: Tsa Ing-Wen, President, Taiwan
4: Michelle Bachelet, President, Chile
5: Federica Mogherini, Foreign Policy Chief, European Union
6: Ivanka Trump, Senior Advisor, The White House
7: Ruth Bader Ginsburg/Elena Kagan/Sonia Sotomayor, Supreme Court Justices
8: Queen Elizabeth II
9: Sheikh Hasina Wajed, Prime Minister, Bangladesh
10: Beata Maria Szydlo, Prime Minister, Poland
11: Aung San Suu Kyi, State Counsellor, Myanmar
12: Sheikha Lubna Al Qasimi, Minister of International Cooperation & Development, U.A.E.
13: Jacinda Ardern, Prime Minister, New Zealand
14: Kolinda Grabar-Kitarovic, President, Croatia
15: Nicola Sturgeon, First Minister of Scotland, U.K.
16: Nikki Haley, Ambassador to United Nations, U.S.
17: Erna Solberg, Prime Minister, Norway
18: Elvira Nabiullina, Governor, Bank of Russia
19: Liyuan Peng, First Lady, China
20: Hillary Clinton, Former Presidential Candidate, U.S.
21: Dalia Grybauskaite, President, Lithuania
22: Kersti Kaljulaid, President, Estonia