New Zealand Government Budget

New Zealand recorded a Government Budget surplus equal to 1.90 percent of the country's Gross Domestic Product in 2018. Government Budget in New Zealand averaged -0.60 percent of GDP from 1972 until 2018, reaching an all time high of 4.50 percent of GDP in 2005 and a record low of -8.90 percent of GDP in 2011.

Government Budget in New Zealand is expected to be 1.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Government Budget is projected to trend around 1.00 percent of GDP in 2020, according to our econometric models.

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New Zealand Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	19.90	21.70	54.80	4.40	percent	[+]
Government Budget	1.90	1.50	4.50	-8.90	percent of GDP	[+]
Government Budget Value	5534.00	4069.00	7091.00	-18396.00	NZD Million	[+]
Government Spending	11491.00	11428.00	11491.00	5485.00	NZD Million	[+]
Government Revenues	109973.00	103422.00	109973.00	23033.00	NZD Million	[+]
Fiscal Expenditure	104014.00	99007.00	104014.00	25381.00	NZD Million	[+]
Military Expenditure	2307.00	2328.00	2332.00	1044.00	USD Million	[+]
Government Debt	57495.00	59480.00	61880.00	405.00	NZD Million	[+]
Credit Rating	89.64					[+]
Asylum Applications	32.00	22.00	208.00	0.00	Persons	[+]

New Zealand Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - New Zealand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Government Budget - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.90	1.50	4.50	-8.90	1972 - 2018	percent of GDP	Yearly

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Country	Last		Previous	Range
Argentina	-5.50	Dec/18	-6.1	3.7 : -6.4	%
Australia	-0.60	Dec/18	-1.9	2.2 : -4.2	%
Brazil	-7.10	Dec/18	-7.8	-2 : -10.2	%
Canada	-0.70	Dec/18	-0.9	5.1 : -8.1	%
China	-4.20	Dec/18	-3.7	0.58 : -4.2	%
Euro Area	-0.50	Dec/18	-1	-0.5 : -7.4	%
France	-2.50	Dec/18	-2.8	1.5 : -7.2	%
Germany	1.70	Dec/18	1	1.7 : -9.4	%
India	-3.42	Dec/18	-3.53	-2.53 : -8.13	%
Indonesia	-1.76	Dec/18	-2.51	3.02 : -2.58	%
Italy	-2.10	Dec/18	-2.4	-1.5 : -7.3	%
Japan	-3.80	Dec/18	-4.8	2.58 : -8.3	%
Mexico	-2.00	Dec/18	-1.1	3.3 : -3.4	%
Netherlands	1.50	Dec/18	1.2	1.5 : -8.7	%
Russia	2.70	Dec/18	-1.5	9.88 : -7.9	%
Saudi Arabia	-9.20	Dec/18	-8.9	43.17 : -25.27	%
Singapore	0.40	Dec/18	0.3	21.23 : -1.2	%
South Africa	-4.40	Dec/18	-4.4	1 : -7.4	%
South Korea	-1.60	Dec/18	-1.1	3.47 : -4.1	%
Spain	-2.50	Dec/18	-3.1	2.2 : -11	%
Switzerland	1.30	Dec/18	1.2	1.9 : -3.2	%
Turkey	-2.00	Dec/18	-1.5	-0.6 : -33	%
United Kingdom	-2.00	Dec/18	-2.3	4.8 : -9.9	%
United States	-3.80	Dec/18	-3.5	4.5 : -9.8	%