New Zealand recorded a government budget surplus of 4069 NZD Million in the 2016-17 fiscal year, which ended in June 2017. Government Budget Value in New Zealand averaged -237.92 NZD Million from 1972 until 2017, reaching an all time high of 7091 NZD Million in 2006 and a record low of -18396 NZD Million in 2011.

Government Budget Value in New Zealand is expected to be 5755.00 NZD Million 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 Value is projected to trend around 10433.00 NZD Million in 2020, according to our econometric models.

New Zealand Government Budget Value
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New Zealand Government Last Previous Highest Lowest Unit
Government Debt to GDP 22.20 24.40 54.80 4.40 percent [+]
Government Budget 1.50 0.70 4.50 -8.90 percent of GDP [+]
Government Budget Value 4069.00 1831.00 7091.00 -18396.00 NZD Million [+]
Government Spending 11294.00 11419.00 11419.00 5485.00 NZD Million [+]
Government Revenues 109973.00 104227.00 109973.00 23033.00 NZD Million [+]
Fiscal Expenditure 104014.00 99812.00 104014.00 25381.00 NZD Million [+]
Government Debt 59480.00 61880.00 61880.00 405.00 NZD Million [+]
Credit Rating 89.64 [+]
Military Expenditure 2225.60 2093.40 2249.80 1007.40 USD Million [+]
Asylum Applications 23.00 10.00 208.00 0.00 Persons [+]

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). This page provides - New Zealand Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4069.00 1831.00 7091.00 -18396.00 1972 - 2017 NZD Million Yearly
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