How does New Zealand rank for taxes less subsidies on products (constant lcu), per unit of gdp?

New Zealand ranks 126th out of 189 countries with data for 2024.

Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in New Zealand?

Over the last ten years it is down 0.6%. The long-run trend across the full record is falling.

Taxes less subsidies on products (constant LCU), per unit of GDP in New Zealand

Name: Taxes less subsidies on products (constant LCU), per unit of GDP in New Zealand
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

New Zealand: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.1126 constant LCU per US$ of GDP in 2024. ▼ Falling

Latest (2024)

0.1126 constant LCU per US$ of GDP

Change on year

down 4.1%

World rank

126th

of 189 countries

All-time high

0.4656 constant LCU per US$ of GDP

in 1977

All-time low

0.1125 constant LCU per US$ of GDP

in 2021

Years of data

1977–2024

Taxes less subsidies on products (constant LCU), per unit of GDP in New Zealand, 1977–2024

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

Analysis

New Zealand recorded 0.1126 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2024.

Compared with earlier readings it is down 4.1% on the previous year and down 0.6% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in New Zealand peaked at 0.4656 constant LCU per US$ of GDP in 1977 and was at its lowest, 0.1125 constant LCU per US$ of GDP, in 2021.

That places New Zealand 126th out of 189 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 48 years of available data.

Taxes less subsidies on products (constant LCU), per unit of GDP in New Zealand, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in New Zealand, 1977 to 2024.
Year	constant LCU per US$ of GDP	Change
1977	0.4656 constant LCU per US$ of GDP	—
1978	0.389 constant LCU per US$ of GDP	-16.4%
1979	0.348 constant LCU per US$ of GDP	-10.5%
1980	0.307 constant LCU per US$ of GDP	-11.8%
1981	0.3135 constant LCU per US$ of GDP	+2.1%
1982	0.3049 constant LCU per US$ of GDP	-2.8%
1983	0.3138 constant LCU per US$ of GDP	+2.9%
1984	0.3695 constant LCU per US$ of GDP	+17.7%
1985	0.3199 constant LCU per US$ of GDP	-13.4%
1986	0.3175 constant LCU per US$ of GDP	-0.7%
1987	0.2514 constant LCU per US$ of GDP	-20.8%
1988	0.222 constant LCU per US$ of GDP	-11.7%
1989	0.2412 constant LCU per US$ of GDP	+8.7%
1990	0.2323 constant LCU per US$ of GDP	-3.7%
1991	0.2419 constant LCU per US$ of GDP	+4.1%
1992	0.252 constant LCU per US$ of GDP	+4.2%
1993	0.2386 constant LCU per US$ of GDP	-5.3%
1994	0.2193 constant LCU per US$ of GDP	-8.1%
1995	0.198 constant LCU per US$ of GDP	-9.7%
1996	0.1903 constant LCU per US$ of GDP	-3.9%
1997	0.2053 constant LCU per US$ of GDP	+7.9%
1998	0.2483 constant LCU per US$ of GDP	+20.9%
1999	0.2514 constant LCU per US$ of GDP	+1.2%
2000	0.2822 constant LCU per US$ of GDP	+12.3%
2001	0.2865 constant LCU per US$ of GDP	+1.5%
2002	0.2478 constant LCU per US$ of GDP	-13.5%
2003	0.2013 constant LCU per US$ of GDP	-18.8%
2004	0.1796 constant LCU per US$ of GDP	-10.8%
2005	0.168 constant LCU per US$ of GDP	-6.4%
2006	0.1788 constant LCU per US$ of GDP	+6.4%
2007	0.1509 constant LCU per US$ of GDP	-15.6%
2008	0.1502 constant LCU per US$ of GDP	-0.4%
2009	0.1652 constant LCU per US$ of GDP	+10.0%
2010	0.139 constant LCU per US$ of GDP	-15.9%
2011	0.1223 constant LCU per US$ of GDP	-12.0%
2012	0.1206 constant LCU per US$ of GDP	-1.4%
2013	0.115 constant LCU per US$ of GDP	-4.6%
2014	0.1133 constant LCU per US$ of GDP	-1.5%
2015	0.1351 constant LCU per US$ of GDP	+19.3%
2016	0.1334 constant LCU per US$ of GDP	-1.3%
2017	0.1266 constant LCU per US$ of GDP	-5.1%
2018	0.1279 constant LCU per US$ of GDP	+1.1%
2019	0.13 constant LCU per US$ of GDP	+1.6%
2020	0.127 constant LCU per US$ of GDP	-2.3%
2021	0.1125 constant LCU per US$ of GDP	-11.5%
2022	0.1207 constant LCU per US$ of GDP	+7.3%
2023	0.1175 constant LCU per US$ of GDP	-2.6%
2024	0.1126 constant LCU per US$ of GDP	-4.1%

New Zealand compared with similar countries

New Zealand's 0.1126 constant LCU per US$ of GDP is above the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 1.3× the median. (66 countries reporting)
New Zealand's 0.1126 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 79% of the median. (24 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.4008 constant LCU per US$ of GDP	0.348 constant LCU per US$ of GDP	0.4656 constant LCU per US$ of GDP	3
1980s	0.2961 constant LCU per US$ of GDP	0.222 constant LCU per US$ of GDP	0.3695 constant LCU per US$ of GDP	10
1990s	0.2277 constant LCU per US$ of GDP	0.1903 constant LCU per US$ of GDP	0.252 constant LCU per US$ of GDP	10
2000s	0.201 constant LCU per US$ of GDP	0.1502 constant LCU per US$ of GDP	0.2865 constant LCU per US$ of GDP	10
2010s	0.1263 constant LCU per US$ of GDP	0.1133 constant LCU per US$ of GDP	0.139 constant LCU per US$ of GDP	10
2020s	0.1181 constant LCU per US$ of GDP	0.1125 constant LCU per US$ of GDP	0.127 constant LCU per US$ of GDP	5

Countries ranked near New Zealand

123 Palestine 0.1341 constant LCU per US$ of GDP compare
124 Tunisia 0.1273 constant LCU per US$ of GDP compare
125 Croatia 0.1191 constant LCU per US$ of GDP compare
127 Papua New Guinea 0.1124 constant LCU per US$ of GDP compare
128 Sint Maarten (Dutch part) 0.1122 constant LCU per US$ of GDP compare
129 Kosovo 0.1108 constant LCU per US$ of GDP compare
129 Kosovo (UNSCR 1244) 0.1108 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

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)

All data for New Zealand →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in New Zealand?: Taxes less subsidies on products (constant lcu), per unit of gdp in New Zealand was 0.1126 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in New Zealand?: The highest recorded value was 0.4656 constant LCU per US$ of GDP in 1977.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in New Zealand?: The lowest recorded value was 0.1125 constant LCU per US$ of GDP in 2021.
How does New Zealand rank for taxes less subsidies on products (constant lcu), per unit of gdp?: New Zealand ranks 126th out of 189 countries with data for 2024.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in New Zealand?: Over the last ten years it is down 0.6%. The long-run trend across the full record is falling.
Where does this New Zealand data come from?: The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Taxes less subsidies on products (constant LCU), per unit of GDP in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/new-zealand/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/new-zealand/">Taxes less subsidies on products (constant LCU), per unit of GDP in New Zealand</a> — Statizoid

How this figure is calculated

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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: Taxes less subsidies on products (constant LCU), per unit of GDP
Unit: constant LCU per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 190 places, 7,344 data points, 1960–2025
Last refreshed: 17 September 2026

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.