New Zealand: Government spending, percent of GDP

* indicates monthly or quarterly data series
 New Zealand

Government spending as percent of GDP

 Latest value 20.87
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 17.94
 Min - Max 14.50 - 21.07
 Source The World Bank
The latest value from 2022 is 20.87 percent, a decline from 21.07 percent in 2021. In comparison, the world average is 16.72 percent, based on data from 165 countries. Historically, the average for New Zealand from 1970 to 2022 is 17.94 percent. The minimum value, 14.5 percent, was reached in 1973 while the maximum of 21.07 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.
Select indicator
* indicates monthly or quarterly data series


Recent data
New Zealand - Government spending, percent of GDP - Recent values chart

Historical series
New Zealand - Government spending, percent of GDP - historical chart - 1970-2022




The government size of New Zealand and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 20.87 2022 percent
 Government spending, in dollars 52.08 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -3.61 2024 percent
 Primary budget balance -2.42 2024 percent
 Government expenditure 23.61 Q3/2025 billion
 Long-term interest rate 4.29 9/2025 percent
 Tax revenue 29.60 2022 percent
 Commercial tax rate 34.60 2019 percent
 Tax preparation time 140 2019 hours
 Taxes on goods and services 27.87 2022 percent
 Taxes on international trade 2.68 2022 percent
 Income and profits taxes 58.26 2022 percent
 Government debt 50.24 2024 percent
 Government debt held by non-residents 46.57 2024 percent
 Sovereign debt average maturity 7.37 2024 percent
 Short-term government debt 5.45 2024 percent
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