New Zealand: Taxes on goods and services

The latest value from 2024 is 26.37 percent, a decline from 26.93 percent in 2023. In comparison, the world average is 31.34 percent, based on data from 89 countries. Historically, the average for New Zealand from 1972 to 2024 is 24.64 percent. The minimum value, 17.33 percent, was reached in 1974 while the maximum of 30.24 percent was recorded in 2021. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.