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
From   To 


 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
This site uses cookies.
Learn more here


OK