Government Spending in New Zealand increased to 12161 NZD Million in the third quarter of 2019 from 12008 NZD Million in the second quarter of 2019. Government Spending in New Zealand averaged 8090.16 NZD Million from 1987 until 2019, reaching an all time high of 12161 NZD Million in the third quarter of 2019 and a record low of 5489 NZD Million in the second quarter of 1987. source: Statistics New Zealand

Government Spending in New Zealand is expected to be 12046.00 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 12465.00 in 12 months time. In the long-term, the New Zealand Government Spending is projected to trend around 13147.00 NZD Million in 2020, according to our econometric models.

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New Zealand Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
12161.00 12008.00 12161.00 5489.00 1987 - 2019 NZD Million Quarterly
Constant Prices, SA


New Zealand Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

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 [+]