New Zealand recorded a Government Budget surplus equal to 2.50 percent of the country's Gross Domestic Product in 2019.

Government Budget in New Zealand averaged -0.53 percent of GDP from 1972 until 2019, 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. This page provides - New Zealand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Government Budget - values, historical data and charts - was last updated on October of 2020. source: New Zealand Treasury

Government Budget in New Zealand is expected to reach -8.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Government Budget is projected to trend around -9.00 percent of GDP in 2021 and -8.30 percent of GDP in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
New Zealand Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
2.50 1.90 4.50 -8.90 1972 - 2019 percent of GDP Yearly

New Zealand Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.00 19.60 54.80 4.40 percent [+]
Government Budget 2.50 1.90 4.50 -8.90 percent of GDP [+]
Government Budget Value 7508.00 5534.00 7508.00 -18396.00 NZD Million [+]
Government Spending 12736.00 12525.00 12736.00 5489.00 NZD Million [+]
Government Revenues 119293.00 109973.00 119293.00 23033.00 NZD Million [+]
Fiscal Expenditure 111439.00 104014.00 111439.00 25381.00 NZD Million [+]
Government Debt 57736.00 57495.00 61880.00 405.00 NZD Million [+]
Credit Rating 93.00 [+]
Military Expenditure 2307.00 2328.00 2332.00 1044.00 USD Million [+]


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.