{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"government-expenditure-vs-gdp","source":"National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/government-expenditure-vs-gdp","title":"Government spending vs. GDP","unit":"constant 2015 US$"},"observations":[{"date":"1970-01-01","value":11167900000.0},{"date":"1971-01-01","value":11436700000.0},{"date":"1972-01-01","value":12132100000.0},{"date":"1973-01-01","value":12623000000.0},{"date":"1974-01-01","value":13664700000.0},{"date":"1975-01-01","value":14332400000.0},{"date":"1976-01-01","value":14221400000.0},{"date":"1977-01-01","value":14799900000.0},{"date":"1978-01-01","value":15489500000.0},{"date":"1979-01-01","value":15285000000.0},{"date":"1980-01-01","value":15425200000.0},{"date":"1981-01-01","value":15708700000.0},{"date":"1982-01-01","value":15796300000.0},{"date":"1983-01-01","value":16227300000.0},{"date":"1984-01-01","value":16522400000.0},{"date":"1985-01-01","value":16808800000.0},{"date":"1986-01-01","value":16922800000.0},{"date":"1987-01-01","value":17143800000.0},{"date":"1988-01-01","value":17143800000.0},{"date":"1989-01-01","value":18050500000.0},{"date":"1990-01-01","value":18241700000.0},{"date":"1991-01-01","value":18061100000.0},{"date":"1992-01-01","value":18267900000.0},{"date":"1993-01-01","value":18561900000.0},{"date":"1994-01-01","value":19099300000.0},{"date":"1995-01-01","value":19435300000.0},{"date":"1996-01-01","value":19778300000.0},{"date":"1997-01-01","value":20439700000.0},{"date":"1998-01-01","value":21047700000.0},{"date":"1999-01-01","value":21375700000.0},{"date":"2000-01-01","value":21619200000.0},{"date":"2001-01-01","value":22469200000.0},{"date":"2002-01-01","value":22819000000.0},{"date":"2003-01-01","value":24028300000.0},{"date":"2004-01-01","value":25161100000.0},{"date":"2005-01-01","value":26732800000.0},{"date":"2006-01-01","value":27481200000.0},{"date":"2007-01-01","value":28779200000.0},{"date":"2008-01-01","value":29885800000.0},{"date":"2009-01-01","value":29743400000.0},{"date":"2010-01-01","value":30342300000.0},{"date":"2011-01-01","value":30831700000.0},{"date":"2012-01-01","value":30746800000.0},{"date":"2013-01-01","value":31339800000.0},{"date":"2014-01-01","value":32295300000.0},{"date":"2015-01-01","value":32958000000.0},{"date":"2016-01-01","value":33572900000.0},{"date":"2017-01-01","value":34842100000.0},{"date":"2018-01-01","value":35930600000.0},{"date":"2019-01-01","value":37886100000.0},{"date":"2020-01-01","value":40546100000.0},{"date":"2021-01-01","value":43779000000.0},{"date":"2022-01-01","value":44937900000.0},{"date":"2023-01-01","value":45452500000.0},{"date":"2024-01-01","value":44878100000.0}],"summary":{"latest_period":"2024-01-01","latest_value":44878100000.0,"max":45452500000.0,"mean":23714000000.0,"min":11167900000.0,"of":166,"rank":43,"trend":"rising"}}