
New Zealand: Government spending, in dollars
* indicates monthly or quarterly data series
| New Zealand |
Government spending, billion USD |
|---|---|
| Latest value | 55.07 |
| Year | 2024 |
| Measure | billion U.S. dollars |
| Data availability | 1970 - 2024 |
| Average | 17.49 |
| Min - Max | 0.99 - 55.07 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 55.07 billion U.S. dollars, an increase from 53.98 billion U.S. dollars in 2023. In comparison, the world average is 110.57 billion U.S. dollars, based on data from 164 countries. Historically, the average for New Zealand from 1970 to 2024 is 17.49 billion U.S. dollars. The minimum value, 0.99 billion U.S. dollars, was reached in 1970 while the maximum of 55.07 billion U.S. dollars was recorded in 2024.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | New Zealand: Government spending, in dollars |
|---|---|
| 2024 | 55.07 |
| 2023 | 53.98 |
| 2022 | 52.61 |
| 2021 | 53.47 |
| 2020 | 43.48 |
| 2019 | 40.11 |
| 2018 | 38.59 |
| 2017 | 37.05 |
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. Data are in current U.S. dollars.
Other resources:
Download data from our database
All indicators for New Zealand
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 21.06 | 2024 | percent |
| Government spending, in dollars | 55.07 | 2024 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -3.61 | 2024 | percent |
| Primary budget balance | -2.42 | 2024 | percent |
| Government expenditure | 24.13 | Q1/2026 | billion |
| Long-term interest rate | 4.71 | 8/2026 | percent |
| Tax revenue | 29.52 | 2024 | percent |
| Taxes on goods and services | 26.37 | 2024 | percent |
| Taxes on international trade | 2.88 | 2024 | percent |
| Income and profits taxes | 56.70 | 2024 | 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 |