Government Spending in New Zealand increased to 11766 NZD Million in the second quarter of 2018 from 11517 NZD Million in the first quarter of 2018. Government Spending in New Zealand averaged 7901.90 NZD Million from 1987 until 2018, reaching an all time high of 11766 NZD Million in the second 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 11629.00 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 11476.00 in 12 months time. In the long-term, the New Zealand Government Spending is projected to trend around 12403.00 NZD Million in 2020, according to our econometric models.

New Zealand Government Spending
Forecast Data Chart
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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 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. This page provides the latest reported value for - New Zealand Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
11766.00 11517.00 11766.00 5485.00 1987 - 2018 NZD Million Quarterly
Constant Prices, SA

Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58800570.50 Jun/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18