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Government Spending in New Zealand increased to 14878 NZD Million in the first quarter of 2025 from 14723 NZD Million in the fourth quarter of 2024. This dataset provides the latest reported value for - New Zealand Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, the ratio of government expenditure to GDP in New Zealand was estimated at approximately 42.75 percent. Between 1985 and 2024, the figure dropped by around 3.41 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 4.94 percentage points from 2024 to 2030, fluctuating as it trends downward.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
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New Zealand: Government spending as percent of GDP: The latest value from 2022 is 21.11 percent, an increase from 21.1 percent in 2021. In comparison, the world average is 16.41 percent, based on data from 155 countries. Historically, the average for New Zealand from 1970 to 2022 is 17.95 percent. The minimum value, 14.5 percent, was reached in 1973 while the maximum of 21.11 percent was recorded in 2022.
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New Zealand NZ: Expenditure: % of GDP data was reported at 30.841 % in 2017. This records a decrease from the previous number of 31.867 % for 2016. New Zealand NZ: Expenditure: % of GDP data is updated yearly, averaging 32.600 % from Mar 1973 (Median) to 2017, with 33 observations. The data reached an all-time high of 41.122 % in 1988 and a record low of 25.248 % in 1973. New Zealand NZ: Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;
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New Zealand recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - New Zealand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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New Zealand NZ: Government Expenditure on Education: Total: % of GDP data was reported at 6.345 % in 2015. This records a decrease from the previous number of 6.355 % for 2014. New Zealand NZ: Government Expenditure on Education: Total: % of GDP data is updated yearly, averaging 5.829 % from Dec 1973 (Median) to 2015, with 36 observations. The data reached an all-time high of 7.153 % in 2012 and a record low of 3.430 % in 1986. New Zealand NZ: Government Expenditure on Education: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank: Education Statistics. General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Median;
The budget balance in relation to the gross domestic product (GDP) in New Zealand was estimated at about -4.38 percent in 2024. From 1985 to 2024, the budget balance rose by approximately 2.59 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the budget balance will rise by around 4.42 percentage points, showing an overall upward trend with periodic ups and downs.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
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New Zealand recorded a government budget deficit of 12854 NZD Million in 2024. This dataset provides - New Zealand Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In the year ending June 2020, the total expenses of the general government in New Zealand amounted to around ***** billion New Zealand dollars. Social protection was the largest recipient of government expenditure.
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Government expenditure on education, total (% of GDP) in New Zealand was reported at 5.2301 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Public spending on education, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.
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New Zealand: Military spending, percent of total government spending : The latest value from 2022 is 2.82 percent, an increase from 2.76 percent in 2021. In comparison, the world average is 6.44 percent, based on data from 139 countries. Historically, the average for New Zealand from 1988 to 2022 is 3.55 percent. The minimum value, 2.65 percent, was reached in 2014 while the maximum of 4.67 percent was recorded in 1990.
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New Zealand Government Budget: Appropriations: Intelligence, Security Department Expenses & Capital Expenditure data was reported at 206,977.000 NZD th in 2017. This records an increase from the previous number of 194,618.000 NZD th for 2016. New Zealand Government Budget: Appropriations: Intelligence, Security Department Expenses & Capital Expenditure data is updated yearly, averaging 98,590.000 NZD th from Jun 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 206,977.000 NZD th in 2017 and a record low of 55,465.000 NZD th in 2005. New Zealand Government Budget: Appropriations: Intelligence, Security Department Expenses & Capital Expenditure data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.F010: Government Budget: Appropriations.
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This dataset published by the Treasury contains historical fiscal data, including debt, fiscal balance, tax and spending.
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Government expenditure on education, total (% of government expenditure) in New Zealand was reported at 13.14 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Public spending on education, total (% of government expenditure) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Government expenditure, billion currency units in New Zealand, March, 2025 The most recent value is 23.53 billion New Zealand Dollar as of Q1 2025, an increase compared to the previous value of 23.09 billion New Zealand Dollar. Historically, the average for New Zealand from Q2 1987 to Q1 2025 is 8.81 billion New Zealand Dollar. The minimum of 2.69 billion New Zealand Dollar was recorded in Q2 1987, while the maximum of 23.53 billion New Zealand Dollar was reached in Q1 2025. | TheGlobalEconomy.com
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New Zealand Government Budget: Appropriations: Capital Expenditure data was reported at 10,161,060.000 NZD th in 2018. This records a decrease from the previous number of 11,818,332.000 NZD th for 2017. New Zealand Government Budget: Appropriations: Capital Expenditure data is updated yearly, averaging 8,262,575.000 NZD th from Jun 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 32,000,269.000 NZD th in 2009 and a record low of 2,709,056.000 NZD th in 2001. New Zealand Government Budget: Appropriations: Capital Expenditure data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.F010: Government Budget: Appropriations.
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New Zealand Government Budget: Actual: Appropriations: Multi-Category Expenses & Capital Expenditure: Other Expenses data was reported at 680,979.000 NZD th in 2018. This records an increase from the previous number of 247,080.000 NZD th for 2017. New Zealand Government Budget: Actual: Appropriations: Multi-Category Expenses & Capital Expenditure: Other Expenses data is updated yearly, averaging 287,886.000 NZD th from Jun 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 1,101,674.000 NZD th in 2011 and a record low of 39,132.000 NZD th in 2015. New Zealand Government Budget: Actual: Appropriations: Multi-Category Expenses & Capital Expenditure: Other Expenses data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.F009: Government Budget: Actual.
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New Zealand Government Budget: Actual: Appropriations: Multi-Category Expenses & Capital Expenditure: Capital Expenditure data was reported at 504,945.000 NZD th in 2018. This records an increase from the previous number of 163,459.000 NZD th for 2017. New Zealand Government Budget: Actual: Appropriations: Multi-Category Expenses & Capital Expenditure: Capital Expenditure data is updated yearly, averaging 40,965.000 NZD th from Jun 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 504,945.000 NZD th in 2018 and a record low of 6,029.000 NZD th in 2015. New Zealand Government Budget: Actual: Appropriations: Multi-Category Expenses & Capital Expenditure: Capital Expenditure data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.F009: Government Budget: Actual.
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Military expenditure (% of general government expenditure) in New Zealand was reported at 2.9057 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Military expenditure (% of central government expenditure) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for New Zealand (NAEXKP03NZQ659S) from Q1 1989 to Q1 2025 about New Zealand, consumption expenditures, consumption, government, real, and GDP.
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Government Spending in New Zealand increased to 14878 NZD Million in the first quarter of 2025 from 14723 NZD Million in the fourth quarter of 2024. This dataset provides the latest reported value for - New Zealand Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.