
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.
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* indicates monthly or quarterly data series
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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 |