New Zealand Government Budget: Revenues and Spending
New Zealand Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | -9691 NZD Million | -5.839 B USD | 2022 |
| Government Spending | 14772 NZD Million | 8.9 B USD | 2Q/23 |
| Government Revenues | 153011 NZD Million | 92.186 B USD | 2023 |
| Government Budget to GDP | -2.7 % | 2022 |
Latest data on Government Budget Value (NZD Million)
How much is New Zealand Government Budget?
- The deficit of government budget in New Zealand decreased to 9691 NZD Million (5.839 B USD) in 2022. The maximum surplus was 7429 NZD Million and deficit was -23057 NZD Million.
- Data published Yearly by Treasury.
Historical Data (NZD Million) by years
Data
Period
Date
| -9691 | 2022 | 22.02.2023 |
| -4560 | 2021 | 12.10.2021 |
| -23057 | 2020 | 13.04.2021 |
| 7508 | 2019 | 21.04.2020 |
| 5534 | 2018 | 13.05.2019 |
| 4069 | 2017 | 25.07.2018 |
| 1831 | 2016 | 11.08.2017 |
| 414 | 2015 | 31.12.2015 |
Historical Chart by prime ministers (NZD Million)
Government Budget Value in New Zealand by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| John Key | 19.11.2008 - 12.12.2016 | 5637.0000 | 414.0000 | 5637.0000 | -18396.0000 | -92.66% |
| Helen Clark | 05.12.1999 - 19.11.2008 | 128.0000 | 5860.0000 | 7091.0000 | 128.0000 | 4478.13% |
| Jennifer Shipley | 08.12.1997 - 13.04.1999 | 1801.0000 | 2345.0000 | 2345.0000 | 1801.0000 | 30.21% |
| James Bolger | 02.11.1990 - 08.12.1997 | -943.2000 | 2928.0000 | 2928.0000 | -2558.0000 | -410.43% |
Latest data on Government Spending (NZD Million)
What is current New Zealand Government Spending?
- Government Spending in New Zealand increased to 14772 NZD Million (8.9 B USD) in the second quarter of 2023. The maximum volume was 13639 NZD Million and minimum was 5489 NZD Million
- Data published Quarterly by Statistics.
Historical Data (NZD Million) by years
Data
Period
Date
| 14772 | 2Q/23 | 22.09.2023 |
| 14494 | 1Q/23 | 17.06.2023 |
| 14466 | 4Q/22 | 18.03.2023 |
| 14668 | 3Q/22 | 15.12.2022 |
| 15259 | 2Q/22 | 17.09.2022 |
| 15197 | 1Q/22 | 15.06.2022 |
| 15035 | 4Q/21 | 19.03.2022 |
| 14232 | 3Q/21 | 18.01.2022 |
Historical Chart by prime ministers (NZD Million)
Government Spending in New Zealand by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| John Key | 19.11.2008 - 12.12.2016 | 9713.0000 | 10879.0000 | 10879.0000 | 9499.0000 | 12.00% |
| Helen Clark | 05.12.1999 - 19.11.2008 | 6799.0000 | 9507.0000 | 9507.0000 | 6672.0000 | 39.83% |
| Jennifer Shipley | 08.12.1997 - 13.04.1999 | 6481.0000 | 6812.0000 | 6812.0000 | 6481.0000 | 5.11% |
| James Bolger | 02.11.1990 - 08.12.1997 | 5840.0000 | 6563.0000 | 6563.0000 | 5674.0000 | 12.38% |
Latest data on Government Revenues (NZD Million)
How much is New Zealand Government Revenue?
- Government Revenues in New Zealand increased to 153011 NZD Million (92.186 B USD) in 2023. The maximum volume was 119293 NZD Million and minimum was 23033 NZD Million
- Data published Yearly by Treasury.
Historical Data (NZD Million) by years
Data
Period
Date
| 153011 | 2023 | 07.10.2023 |
| 141627 | 2022 | 08.10.2022 |
| 129335 | 2021 | 12.10.2021 |
| 116003 | 2020 | 28.11.2020 |
| 119293 | 2019 | 29.10.2019 |
| 109973 | 2018 | 13.10.2018 |
| 104227 | 2017 | 21.06.2018 |
Historical Chart by prime ministers (NZD Million)
Government Revenues in New Zealand by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Government Budget to GDP (%)
What is the deficit of New Zealand Government Budget?
- The deficit of Current Account to GDP in New Zealand decreased to 2.7 % in 2022. The maximum surplus was 4.5 % and deficit was -8.9 %.
- Data published Yearly by Treasury.
Historical Data (%) by years
Data
Period
Date
| -2.7 | 2022 | 25.01.2023 |
| -1.3 | 2021 | 12.10.2021 |
| -7.5 | 2020 | 13.04.2021 |
| 2.5 | 2019 | 21.04.2020 |
| 1.9 | 2018 | 04.07.2019 |
Historical Chart by prime ministers (%)
Government Budget to GDP in New Zealand by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other budget indicators in New Zealand
| Index | Updated | Actual | Previous |
| Government Debt to GDP | 2022 | 35.9 % | 29.8 |
| Fiscal Expenditure | 2023 | 97.495 B USD | 90.948 |
| Military Expenditure | 2022 | 2.829 B USD | 2.906 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Australia | 2022 | -1.4 % | -6.6 |
| New Zealand | 2022 | -2.7 % | -1.3 |
| Papua New Guinea | 2022 | -5.6 % | -8.5 |
| Fiji | 2022 | -12.2 % | -11.4 |
