New Zealand recorded a Government Budget surplus equal to 1.50 percent of the country's Gross Domestic Product in 2017. Government Budget in New Zealand averaged -0.65 percent of GDP from 1972 until 2017, 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.

Government Budget in New Zealand is expected to be 2.00 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 1.00 percent of GDP in 2020, according to our econometric models.

New Zealand Government Budget
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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 11766.00 11517.00 11766.00 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

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. This page provides - New Zealand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 0.70 4.50 -8.90 1972 - 2017 percent of GDP Yearly




Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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