Government Spending in New Zealand increased to 11428 NZD Million in the fourth quarter of 2018 from 11343 NZD Million in the third quarter of 2018. Government Spending in New Zealand averaged 7948.14 NZD Million from 1987 until 2018, reaching an all time high of 11428 NZD Million in the fourth quarter of 2018 and a record low of 5485 NZD Million in the second quarter of 1987.
Government Spending in New Zealand is expected to be 11571.00 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 11622.00 in 12 months time. In the long-term, the New Zealand Government Spending is projected to trend around 12234.00 NZD Million in 2020, according to our econometric models.