New Zealand vs Palestine: Taxes less subsidies on products (constant LCU), per unit of GDP

New Zealand
0.1126 constant LCU per US$ of GDP
in 2024
Palestine
0.1341 constant LCU per US$ of GDP
in 2025
New Zealand rank
126th
Palestine rank
123rd

Taxes less subsidies on products (constant LCU), per unit of GDP over time

  • New Zealand
  • Palestine
00.10.20.30.40.5197720012025

How they compare

Palestine currently reports 0.1341 constant LCU per US$ of GDP against 0.1126 constant LCU per US$ of GDP in New Zealand, a difference of 0.0215 constant LCU per US$ of GDP.

That makes Palestine's figure about 1.2 times New Zealand's.

The two have swapped places 5 times across 31 shared years of data; in 1994 it was New Zealand ahead.

New Zealand ranks 126th and Palestine ranks 123rd of 189 countries.

Across the 4 decades both report, New Zealand averaged higher in 1 and Palestine in 3.

Head to head by decade

Decade New Zealand Palestine Difference Ahead
1990s 0.2188 constant LCU per US$ of GDP 0.1833 constant LCU per US$ of GDP 0.0355 constant LCU per US$ of GDP New Zealand
2000s 0.201 constant LCU per US$ of GDP 0.2085 constant LCU per US$ of GDP 0.0074 constant LCU per US$ of GDP Palestine
2010s 0.1263 constant LCU per US$ of GDP 0.1366 constant LCU per US$ of GDP 0.0103 constant LCU per US$ of GDP Palestine
2020s 0.1181 constant LCU per US$ of GDP 0.1454 constant LCU per US$ of GDP 0.0274 constant LCU per US$ of GDP Palestine

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), per unit of gdp, New Zealand or Palestine?
Palestine, at 0.1341 constant LCU per US$ of GDP against 0.1126 constant LCU per US$ of GDP in New Zealand as of 2025.
What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between New Zealand and Palestine?
0.0215 constant LCU per US$ of GDP, with Palestine ahead.
How many years of comparable data are there for New Zealand and Palestine?
31 years are reported by both, from 1994 to 2024.
How do New Zealand and Palestine rank globally for taxes less subsidies on products (constant lcu), per unit of gdp?
New Zealand ranks 126th and Palestine ranks 123rd of 189 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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New Zealand vs Palestine: Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/new-zealand/west-bank-and-gaza/

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About this data

Indicator
Taxes less subsidies on products (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,344 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.