New Zealand recorded a Government Budget deficit equal to 1.30 percent of the country's Gross Domestic Product in the year to end June 2021. source: New Zealand Treasury

Government Budget in New Zealand averaged -0.69 percent of GDP from 1972 until 2021, 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. This page provides - New Zealand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Government Budget - values, historical data and charts - was last updated on December of 2021.

Government Budget in New Zealand is expected to reach -9.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Government Budget is projected to trend around -8.30 percent of GDP in 2022, according to our econometric models.

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New Zealand Government Budget


Related Last Previous Unit Reference
Government Debt to GDP 30.10 26.30 percent of GDP Dec/21
Government Budget -1.30 -7.30 percent of GDP Dec/21
Government Budget Value -4560.00 -23057.00 NZD Million Dec/21
Government Revenues 129335.00 116003.00 NZD Million Dec/21
Fiscal Expenditure 133722.00 138916.00 NZD Million Dec/21
Government Debt 102080.00 83375.00 NZD Million Dec/21
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.