New Zealand recorded a government budget deficit of 12854 NZD Million in 2024. Government Budget Value in New Zealand averaged -1086.60 NZD Million from 1972 until 2024, reaching an all time high of 7429.00 NZD Million in 2019 and a record low of -23057.00 NZD Million in 2020. source: New Zealand Treasury



Related Last Previous Unit Reference
Fiscal Expenditure 180061.00 161822.00 NZD Million Dec 2024
Budget Day 2022 -3.10 -2.40 percent of GDP Dec 2024
Government Budget Value -12854.00 -9446.00 NZD Million Dec 2024
Government Debt 175464.00 155273.00 NZD Million Dec 2024
Government Debt to GDP 45.20 39.30 percent of GDP Dec 2024
Government Revenues 167347.00 153011.00 NZD Million Dec 2024


New Zealand Government Budget Value
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).
Actual Previous Highest Lowest Dates Unit Frequency
-12854.00 -9446.00 7429.00 -23057.00 1972 - 2024 NZD Million Yearly
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