Government Spending in New Zealand increased to 12736 NZD Million in the second quarter of 2020 from 12525 NZD Million in the first quarter of 2020. source: Statistics New Zealand

Government Spending in New Zealand averaged 8191.66 NZD Million from 1987 until 2020, reaching an all time high of 12736 NZD Million in the second quarter of 2020 and a record low of 5489 NZD Million in the second quarter of 1987. 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 - values, historical data and charts - was last updated on December of 2020.

Government Spending in New Zealand is expected to be 11853.00 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 14498.00 in 12 months time. In the long-term, the New Zealand Government Spending is projected to trend around 12296.00 NZD Million in 2021 and 12640.00 NZD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
New Zealand Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
12736.00 12525.00 12736.00 5489.00 1987 - 2020 NZD Million Quarterly
Constant Prices, SA

New Zealand Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.00 19.60 54.80 4.40 percent [+]
Government Budget 2.50 1.90 4.50 -8.90 percent of GDP [+]
Government Budget Value 7508.00 5534.00 7508.00 -18396.00 NZD Million [+]
Government Spending 12736.00 12525.00 12736.00 5489.00 NZD Million [+]
Government Revenues 116003.00 119293.00 119293.00 23033.00 NZD Million [+]
Fiscal Expenditure 138916.00 111439.00 138916.00 25381.00 NZD Million [+]
Government Debt 57736.00 57495.00 61880.00 405.00 NZD Million [+]
Credit Rating 93.00 [+]
Military Expenditure 2307.00 2328.00 2332.00 1044.00 USD Million [+]


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.