Cash surplus/deficit as a proportion of GDP in New Zealand

New Zealand: Cash surplus/deficit as a proportion of GDP was -35.5% in 2022. ▼ Falling

Latest (2022)
-35.5%
Change on year
down 5.7%
World rank
128th
of 162 countries
All-time high
-29.7%
in 2018
All-time low
-40.0%
in 2011
Years of data
22
2001–2022

Cash surplus/deficit as a proportion of GDP in New Zealand, 2001–2022

-40-37.5-35-32.5-302001201120222001: -31.62002: -30.72003: -31.22004: -30.42005: -312006: -31.42007: -31.32008: -32.62009: -34.12010: -34.12011: -402012: -352013: -33.12014: -32.32015: -31.52016: -30.72017: -29.92018: -29.72019: -30.12020: -36.32021: -33.62022: -35.5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2022, cash surplus/deficit as a proportion of gdp in New Zealand stood at -35.5%.

The figure is down 5.7% on the previous year and down 1.6% over ten years.

Over the whole period, cash surplus/deficit as a proportion of gdp in New Zealand peaked at -29.7% in 2018 and was at its lowest, -40.0%, in 2011.

New Zealand ranks 128th of 162 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Cash surplus/deficit as a proportion of GDP in New Zealand, year by year

Annual values for Cash surplus/deficit as a proportion of GDP (%) in New Zealand, 2001 to 2022.
Year Value Change
2001 -31.6%
2002 -30.7% -2.6%
2003 -31.2% +1.6%
2004 -30.4% -2.5%
2005 -31.0% +1.8%
2006 -31.4% +1.3%
2007 -31.3% -0.2%
2008 -32.6% +4.0%
2009 -34.1% +4.6%
2010 -34.1% +0.3%
2011 -40.0% +17.3%
2012 -35.0% -12.7%
2013 -33.1% -5.4%
2014 -32.3% -2.3%
2015 -31.5% -2.5%
2016 -30.7% -2.6%
2017 -29.9% -2.6%
2018 -29.7% -0.7%
2019 -30.1% +1.3%
2020 -36.3% +20.9%
2021 -33.6% -7.5%
2022 -35.5% +5.7%

New Zealand compared with similar countries

  • New Zealand's -35.5% is below the median for high income countries, which is -34.2%, 1.0× the median. (53 countries reporting)
  • New Zealand's -35.5% is below the median for East Asia & Pacific, which is -27.6%, 1.3× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s -31.6% -34.1% -30.4% 9
2010s -32.6% -40.0% -29.7% 10
2020s -35.2% -36.3% -33.6% 3

Countries ranked near New Zealand

  1. 125 Tonga -34.7% compare
  2. 126 Bosnia and Herzegovina -35.3% compare
  3. 127 Serbia -35.5% compare
  4. 129 Bulgaria -35.8% compare
  5. 130 Norway -35.9% compare
  6. 131 Namibia -36.5% compare

See the full ranking of 189 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is cash surplus/deficit as a proportion of gdp in New Zealand?
Cash surplus/deficit as a proportion of gdp in New Zealand was -35.5% in 2022, according to United Nations Statistics Division, SDG Global Database.
What is the highest cash surplus/deficit as a proportion of gdp recorded in New Zealand?
The highest recorded value was -29.7% in 2018.
What is the lowest cash surplus/deficit as a proportion of gdp recorded in New Zealand?
The lowest recorded value was -40.0% in 2011.
How does New Zealand rank for cash surplus/deficit as a proportion of gdp?
New Zealand ranks 128th out of 162 countries with data for 2022.
Is cash surplus/deficit as a proportion of gdp rising or falling in New Zealand?
Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
Where does this New Zealand data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Cash surplus/deficit as a proportion of GDP in New Zealand. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 September 2026, from https://economy.statizoid.com/stat/cash-surplus-deficit-as-a-proportion-of-gdp-percent/new-zealand/

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About this data

Indicator
Cash surplus/deficit as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
189 places, 3,493 data points, 2000–2024
Last refreshed