Government spending vs. GDP, annual growth rate in New Zealand
New Zealand: Government spending vs. GDP, annual growth rate was -1.26 % change on previous year in 2024. ◆ Volatile
Government spending vs. GDP, annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for government spending vs. gdp, annual growth rate in New Zealand is -1.26 % change on previous year, measured in 2024.
Compared with earlier readings it is down 210.4% on the previous year and down 141.4% over ten years.
Over the whole period, government spending vs. gdp, annual growth rate in New Zealand peaked at 8.25 % change on previous year in 1974 and was at its lowest, -1.32 % change on previous year, in 1979.
That places New Zealand 146th out of 166 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP, annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.41 % change on previous year | — |
| 1972 | 6.08 % change on previous year | +152.6% |
| 1973 | 4.05 % change on previous year | -33.5% |
| 1974 | 8.25 % change on previous year | +103.9% |
| 1975 | 4.89 % change on previous year | -40.8% |
| 1976 | -0.7745 % change on previous year | -115.8% |
| 1977 | 4.07 % change on previous year | -625.2% |
| 1978 | 4.66 % change on previous year | +14.5% |
| 1979 | -1.32 % change on previous year | -128.3% |
| 1980 | 0.9172 % change on previous year | -169.5% |
| 1981 | 1.84 % change on previous year | +100.4% |
| 1982 | 0.5577 % change on previous year | -69.7% |
| 1983 | 2.73 % change on previous year | +389.3% |
| 1984 | 1.82 % change on previous year | -33.3% |
| 1985 | 1.73 % change on previous year | -4.7% |
| 1986 | 0.6782 % change on previous year | -60.9% |
| 1987 | 1.31 % change on previous year | +92.6% |
| 1988 | 0 % change on previous year | -100.0% |
| 1989 | 5.29 % change on previous year | — |
| 1990 | 1.06 % change on previous year | -80.0% |
| 1991 | -0.99 % change on previous year | -193.5% |
| 1992 | 1.15 % change on previous year | -215.7% |
| 1993 | 1.61 % change on previous year | +40.6% |
| 1994 | 2.9 % change on previous year | +79.9% |
| 1995 | 1.76 % change on previous year | -39.2% |
| 1996 | 1.76 % change on previous year | +0.3% |
| 1997 | 3.34 % change on previous year | +89.5% |
| 1998 | 2.97 % change on previous year | -11.0% |
| 1999 | 1.56 % change on previous year | -47.6% |
| 2000 | 1.14 % change on previous year | -26.9% |
| 2001 | 3.93 % change on previous year | +245.1% |
| 2002 | 1.56 % change on previous year | -60.4% |
| 2003 | 5.3 % change on previous year | +240.4% |
| 2004 | 4.71 % change on previous year | -11.0% |
| 2005 | 6.25 % change on previous year | +32.5% |
| 2006 | 2.8 % change on previous year | -55.2% |
| 2007 | 4.72 % change on previous year | +68.7% |
| 2008 | 3.85 % change on previous year | -18.6% |
| 2009 | -0.4765 % change on previous year | -112.4% |
| 2010 | 2.01 % change on previous year | -522.6% |
| 2011 | 1.61 % change on previous year | -19.9% |
| 2012 | -0.2754 % change on previous year | -117.1% |
| 2013 | 1.93 % change on previous year | -800.4% |
| 2014 | 3.05 % change on previous year | +58.1% |
| 2015 | 2.05 % change on previous year | -32.7% |
| 2016 | 1.87 % change on previous year | -9.1% |
| 2017 | 3.78 % change on previous year | +102.6% |
| 2018 | 3.12 % change on previous year | -17.4% |
| 2019 | 5.44 % change on previous year | +74.2% |
| 2020 | 7.02 % change on previous year | +29.0% |
| 2021 | 7.97 % change on previous year | +13.6% |
| 2022 | 2.65 % change on previous year | -66.8% |
| 2023 | 1.15 % change on previous year | -56.7% |
| 2024 | -1.26 % change on previous year | -210.4% |
New Zealand compared with similar countries
- New Zealand's -1.26 % change on previous year is below the median for high income countries, which is 1.7 % change on previous year. (60 countries reporting)
- New Zealand's -1.26 % change on previous year is below the median for East Asia & Pacific, which is 2.04 % change on previous year. (24 countries reporting)
Biggest year-on-year movements
Years where Government spending vs. GDP, annual growth rate in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +800.4% | -0.2754 % change on previous year | 1.93 % change on previous year |
| 1977 | +625.2% | -0.7745 % change on previous year | 4.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.59 % change on previous year | -1.32 % change on previous year | 8.25 % change on previous year | 9 |
| 1980s | 1.69 % change on previous year | 0 % change on previous year | 5.29 % change on previous year | 10 |
| 1990s | 1.71 % change on previous year | -0.99 % change on previous year | 3.34 % change on previous year | 10 |
| 2000s | 3.38 % change on previous year | -0.4765 % change on previous year | 6.25 % change on previous year | 10 |
| 2010s | 2.46 % change on previous year | -0.2754 % change on previous year | 5.44 % change on previous year | 10 |
| 2020s | 3.5 % change on previous year | -1.26 % change on previous year | 7.97 % change on previous year | 5 |
Countries ranked near New Zealand
- 143 Brunei -0.7502 % change on previous year compare
- 144 Sri Lanka -0.8221 % change on previous year compare
- 145 Cameroon -0.8791 % change on previous year compare
- 147 Rwanda -1.57 % change on previous year compare
- 148 Egypt -1.97 % change on previous year compare
- 149 Paraguay -2.18 % change on previous year compare
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is government spending vs. gdp, annual growth rate in New Zealand?
- Government spending vs. gdp, annual growth rate in New Zealand was -1.26 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, annual growth rate recorded in New Zealand?
- The highest recorded value was 8.25 % change on previous year in 1974.
- What is the lowest government spending vs. gdp, annual growth rate recorded in New Zealand?
- The lowest recorded value was -1.32 % change on previous year in 1979.
- How does New Zealand rank for government spending vs. gdp, annual growth rate?
- New Zealand ranks 146th out of 166 countries with data for 2024.
- Is government spending vs. gdp, annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 141.4%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.