Government Spending in New Zealand increased to 11491 NZD Million in the first quarter of 2019 from 11428 NZD Million in the fourth quarter of 2018. Government Spending in New Zealand averaged 7975.82 NZD Million from 1987 until 2019, reaching an all time high of 11491 NZD Million in the first quarter of 2019 and a record low of 5485 NZD Million in the second quarter of 1987.
Government Spending in New Zealand is expected to be 11752.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in New Zealand to stand at 11748.00 in 12 months time. In the long-term, the New Zealand Government Spending is projected to trend around 12367.00 NZD Million in 2020, according to our econometric models.