New Zealand recorded a government budget surplus of 5534 NZD Million in 2018. New Zealand Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in New Zealand averaged -115.11 NZD Million from 1972 until 2018, reaching an all time high of 7091 NZD Million in 2006 and a record low of -18396 NZD Million in 2011. This page provides - New Zealand Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: New Zealand Treasury

Government Budget Value in New Zealand is expected to reach 9933.11 NZD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Government Budget Value is projected to trend around 12239.66 NZD Million in 2021, according to our econometric models.

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New Zealand Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
5534.00 4069.00 7091.00 -18396.00 1972 - 2018 NZD Million Yearly
Current Prices, NSA

New Zealand Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In New Zealand, the government budget refers to the Total Crown operating balance before gains and losses (OBEGAL).