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. source: New Zealand Treasury

Government Budget in New Zealand is expected to be 1.00 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 0.50 percent of GDP in 2020, according to our econometric models.

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New Zealand Government Budget

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


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.

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 12161.00 12008.00 12161.00 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 [+]
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 93.00 [+]
Asylum Applications 32.00 22.00 208.00 0.00 Persons [+]