Government spending vs. GDP, per unit of GDP in New Zealand

New Zealand: Government spending vs. GDP, per unit of GDP was 0.1716 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.1716 constant 2015 US$ per US$ of GDP
Change on year
down 3.2%
World rank
39th
of 166 countries
All-time high
1.72 constant 2015 US$ per US$ of GDP
in 1970
All-time low
0.1603 constant 2015 US$ per US$ of GDP
in 2014
Years of data
55
1970–2024

Government spending vs. GDP, per unit of GDP in New Zealand, 1970–2024

00.511.5197019972024

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

New Zealand recorded 0.1716 constant 2015 US$ per US$ of GDP for government spending vs. gdp, per unit of gdp in 2024.

The figure is down 3.2% on the previous year and up 7.0% over ten years.

Over the whole period, government spending vs. gdp, per unit of gdp in New Zealand peaked at 1.72 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.1603 constant 2015 US$ per US$ of GDP, in 2014.

That places New Zealand 39th out of 166 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Government spending vs. GDP, per unit of GDP in New Zealand, year by year

Annual values for Government spending vs. GDP, per unit of GDP in New Zealand, 1970 to 2024.
Year constant 2015 US$ per US$ of GDP Change
1970 1.72 constant 2015 US$ per US$ of GDP —
1971 1.45 constant 2015 US$ per US$ of GDP -15.9%
1972 1.27 constant 2015 US$ per US$ of GDP -12.3%
1973 0.986 constant 2015 US$ per US$ of GDP -22.2%
1974 0.9802 constant 2015 US$ per US$ of GDP -0.6%
1975 1.11 constant 2015 US$ per US$ of GDP +13.7%
1976 1.05 constant 2015 US$ per US$ of GDP -6.2%
1977 0.9581 constant 2015 US$ per US$ of GDP -8.3%
1978 0.8359 constant 2015 US$ per US$ of GDP -12.8%
1979 0.7373 constant 2015 US$ per US$ of GDP -11.8%
1980 0.6636 constant 2015 US$ per US$ of GDP -10.0%
1981 0.6433 constant 2015 US$ per US$ of GDP -3.1%
1982 0.6537 constant 2015 US$ per US$ of GDP +1.6%
1983 0.6675 constant 2015 US$ per US$ of GDP +2.1%
1984 0.7626 constant 2015 US$ per US$ of GDP +14.2%
1985 0.6811 constant 2015 US$ per US$ of GDP -10.7%
1986 0.5529 constant 2015 US$ per US$ of GDP -18.8%
1987 0.4246 constant 2015 US$ per US$ of GDP -23.2%
1988 0.3795 constant 2015 US$ per US$ of GDP -10.6%
1989 0.411 constant 2015 US$ per US$ of GDP +8.3%
1990 0.401 constant 2015 US$ per US$ of GDP -2.4%
1991 0.4225 constant 2015 US$ per US$ of GDP +5.4%
1992 0.4386 constant 2015 US$ per US$ of GDP +3.8%
1993 0.3968 constant 2015 US$ per US$ of GDP -9.5%
1994 0.3453 constant 2015 US$ per US$ of GDP -13.0%
1995 0.3041 constant 2015 US$ per US$ of GDP -11.9%
1996 0.282 constant 2015 US$ per US$ of GDP -7.3%
1997 0.3093 constant 2015 US$ per US$ of GDP +9.7%
1998 0.3743 constant 2015 US$ per US$ of GDP +21.0%
1999 0.3638 constant 2015 US$ per US$ of GDP -2.8%
2000 0.4108 constant 2015 US$ per US$ of GDP +12.9%
2001 0.4171 constant 2015 US$ per US$ of GDP +1.5%
2002 0.3425 constant 2015 US$ per US$ of GDP -17.9%
2003 0.2723 constant 2015 US$ per US$ of GDP -20.5%
2004 0.2422 constant 2015 US$ per US$ of GDP -11.1%
2005 0.233 constant 2015 US$ per US$ of GDP -3.8%
2006 0.2464 constant 2015 US$ per US$ of GDP +5.7%
2007 0.2098 constant 2015 US$ per US$ of GDP -14.9%
2008 0.224 constant 2015 US$ per US$ of GDP +6.8%
2009 0.2445 constant 2015 US$ per US$ of GDP +9.2%
2010 0.2066 constant 2015 US$ per US$ of GDP -15.5%
2011 0.183 constant 2015 US$ per US$ of GDP -11.4%
2012 0.1742 constant 2015 US$ per US$ of GDP -4.8%
2013 0.1641 constant 2015 US$ per US$ of GDP -5.8%
2014 0.1603 constant 2015 US$ per US$ of GDP -2.3%
2015 0.185 constant 2015 US$ per US$ of GDP +15.4%
2016 0.1777 constant 2015 US$ per US$ of GDP -4.0%
2017 0.1687 constant 2015 US$ per US$ of GDP -5.1%
2018 0.1697 constant 2015 US$ per US$ of GDP +0.6%
2019 0.1778 constant 2015 US$ per US$ of GDP +4.8%
2020 0.1901 constant 2015 US$ per US$ of GDP +6.9%
2021 0.1725 constant 2015 US$ per US$ of GDP -9.2%
2022 0.18 constant 2015 US$ per US$ of GDP +4.3%
2023 0.1773 constant 2015 US$ per US$ of GDP -1.5%
2024 0.1716 constant 2015 US$ per US$ of GDP -3.2%

New Zealand compared with similar countries

  • New Zealand's 0.1716 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.1423 constant 2015 US$ per US$ of GDP, 1.2× the median. (60 countries reporting)
  • New Zealand's 0.1716 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1455 constant 2015 US$ per US$ of GDP, 1.2× the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.11 constant 2015 US$ per US$ of GDP 0.7373 constant 2015 US$ per US$ of GDP 1.72 constant 2015 US$ per US$ of GDP 10
1980s 0.584 constant 2015 US$ per US$ of GDP 0.3795 constant 2015 US$ per US$ of GDP 0.7626 constant 2015 US$ per US$ of GDP 10
1990s 0.3638 constant 2015 US$ per US$ of GDP 0.282 constant 2015 US$ per US$ of GDP 0.4386 constant 2015 US$ per US$ of GDP 10
2000s 0.2842 constant 2015 US$ per US$ of GDP 0.2098 constant 2015 US$ per US$ of GDP 0.4171 constant 2015 US$ per US$ of GDP 10
2010s 0.1767 constant 2015 US$ per US$ of GDP 0.1603 constant 2015 US$ per US$ of GDP 0.2066 constant 2015 US$ per US$ of GDP 10
2020s 0.1783 constant 2015 US$ per US$ of GDP 0.1716 constant 2015 US$ per US$ of GDP 0.1901 constant 2015 US$ per US$ of GDP 5

Countries ranked near New Zealand

  1. 36 Belgium 0.177 constant 2015 US$ per US$ of GDP compare
  2. 37 Denmark 0.1768 constant 2015 US$ per US$ of GDP compare
  3. 38 Brazil 0.1729 constant 2015 US$ per US$ of GDP compare
  4. 40 United Kingdom 0.1706 constant 2015 US$ per US$ of GDP compare
  5. 41 Saudi Arabia 0.168 constant 2015 US$ per US$ of GDP compare
  6. 42 Oman 0.168 constant 2015 US$ per US$ of GDP compare

See the full ranking of 166 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is government spending vs. gdp, per unit of gdp in New Zealand?
Government spending vs. gdp, per unit of gdp in New Zealand was 0.1716 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest government spending vs. gdp, per unit of gdp recorded in New Zealand?
The highest recorded value was 1.72 constant 2015 US$ per US$ of GDP in 1970.
What is the lowest government spending vs. gdp, per unit of gdp recorded in New Zealand?
The lowest recorded value was 0.1603 constant 2015 US$ per US$ of GDP in 2014.
How does New Zealand rank for government spending vs. gdp, per unit of gdp?
New Zealand ranks 39th out of 166 countries with data for 2024.
Is government spending vs. gdp, per unit of gdp rising or falling in New Zealand?
Over the last ten years it is up 7.0%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

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Government spending vs. GDP, per unit of GDP in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/government-spending-vs-gdp-per-unit-of-gdp/new-zealand/

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How this figure is calculated

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Government spending vs. GDP ÷ GDP (current US$)

Computed from

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

Indicator
Government spending vs. GDP, per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 7,051 data points, 1960–2025
Last refreshed

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.