The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In New Zealand, the government budget refers to the Total Crown operating balance before gains and losses (OBEGAL). This page provides - New Zealand Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Government Budget Value - actual data, historical chart and calendar of releases - was last updated on May of 2018.