Personal income tax (PIT) - top statutory and marginal tax rate — Top in New Zealand
New Zealand: Personal income tax (PIT) - top statutory and marginal tax rate — Top was 2.17 Factor of average annual wage in 2025. ▲ Rising
Personal income tax (PIT) - top statutory and marginal tax rate — Top in New Zealand, 2000–2025
Source: Organisation for Economic Co-operation and Development. Measured in Factor of average annual wage.
Analysis
New Zealand recorded 2.17 Factor of average annual wage for personal income tax (pit) - top statutory and marginal tax rate — top in 2025.
Compared with earlier readings it is down 3.7% on the previous year and up 74.7% over ten years.
Over the whole period, personal income tax (pit) - top statutory and marginal tax rate — top in New Zealand peaked at 2.73 Factor of average annual wage in 2021 and was at its lowest, 1.08 Factor of average annual wage, in 2020.
That places New Zealand 19th out of 29 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Personal income tax (PIT) - top statutory and marginal tax rate — Top in New Zealand, year by year
| Year | Factor of average annual wage | Change |
|---|---|---|
| 2000 | 1.72 Factor of average annual wage | — |
| 2001 | 1.72 Factor of average annual wage | +0.3% |
| 2002 | 1.67 Factor of average annual wage | -3.3% |
| 2003 | 1.62 Factor of average annual wage | -2.7% |
| 2004 | 1.55 Factor of average annual wage | -4.2% |
| 2005 | 1.52 Factor of average annual wage | -2.4% |
| 2006 | 1.47 Factor of average annual wage | -3.1% |
| 2007 | 1.39 Factor of average annual wage | -5.1% |
| 2008 | 1.57 Factor of average annual wage | +12.7% |
| 2009 | 1.5 Factor of average annual wage | -4.6% |
| 2010 | 1.46 Factor of average annual wage | -2.8% |
| 2011 | 1.41 Factor of average annual wage | -3.0% |
| 2012 | 1.36 Factor of average annual wage | -4.0% |
| 2013 | 1.31 Factor of average annual wage | -3.6% |
| 2014 | 1.27 Factor of average annual wage | -2.9% |
| 2015 | 1.24 Factor of average annual wage | -2.5% |
| 2016 | 1.2 Factor of average annual wage | -3.0% |
| 2017 | 1.17 Factor of average annual wage | -2.4% |
| 2018 | 1.14 Factor of average annual wage | -2.8% |
| 2019 | 1.11 Factor of average annual wage | -3.0% |
| 2020 | 1.08 Factor of average annual wage | -2.8% |
| 2021 | 2.73 Factor of average annual wage | +153.4% |
| 2022 | 2.55 Factor of average annual wage | -6.6% |
| 2023 | 2.37 Factor of average annual wage | -7.1% |
| 2024 | 2.25 Factor of average annual wage | -5.0% |
| 2025 | 2.17 Factor of average annual wage | -3.7% |
New Zealand compared with similar countries
- New Zealand's 2.17 Factor of average annual wage is below the median for high income countries, which is 2.87 Factor of average annual wage, 76% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Personal income tax (PIT) - top statutory and marginal tax rate — Top 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 |
|---|---|---|---|
| 2021 | +153.4% | 1.08 Factor of average annual wage | 2.73 Factor of average annual wage |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.57 Factor of average annual wage | 1.39 Factor of average annual wage | 1.72 Factor of average annual wage | 10 |
| 2010s | 1.27 Factor of average annual wage | 1.11 Factor of average annual wage | 1.46 Factor of average annual wage | 10 |
| 2020s | 2.19 Factor of average annual wage | 1.08 Factor of average annual wage | 2.73 Factor of average annual wage | 6 |
Countries ranked near New Zealand
- 16 Czechia 2.87 Factor of average annual wage compare
- 17 Canada 2.75 Factor of average annual wage compare
- 18 United Kingdom 2.24 Factor of average annual wage compare
- 20 Norway 1.76 Factor of average annual wage compare
- 21 Australia 1.75 Factor of average annual wage compare
- 22 Greece 1.74 Factor of average annual wage 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 personal income tax (pit) - top statutory and marginal tax rate — top in New Zealand?
- Personal income tax (pit) - top statutory and marginal tax rate — top in New Zealand was 2.17 Factor of average annual wage in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest personal income tax (pit) - top statutory and marginal tax rate — top recorded in New Zealand?
- The highest recorded value was 2.73 Factor of average annual wage in 2021.
- What is the lowest personal income tax (pit) - top statutory and marginal tax rate — top recorded in New Zealand?
- The lowest recorded value was 1.08 Factor of average annual wage in 2020.
- How does New Zealand rank for personal income tax (pit) - top statutory and marginal tax rate — top?
- New Zealand ranks 19th out of 29 countries with data for 2025.
- Is personal income tax (pit) - top statutory and marginal tax rate — top rising or falling in New Zealand?
- Over the last ten years it is up 74.7%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Personal income tax (PIT) - top statutory and marginal tax rate — Top statutory personal income tax rate earnings threshold. Statizoid updates them automatically from the source API.
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About this data
A single person without dependants based on the earnings level where the top statutory personal income tax rate first applies. The marginal tax rates are derived on the basis of a unit increase in gross wage earnings at the threshold. Related topics: Taxing Wages, Labour taxation, Tax wedge decomposition, Average wage, Income, Household