How does New Zealand rank for taxes less subsidies on products (current us$), per unit of gdp?

New Zealand ranks 103rd out of 197 countries with data for 2023.

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

Over the last ten years it is up 1.5%. The long-run trend across the full record is volatile.

Taxes less subsidies on products (current US$), per unit of GDP (unit) in New Zealand

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

New Zealand: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.0832 current US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)

0.0832 current US$ per US$ of GDP

Change on year

down 0.8%

World rank

103rd

of 197 countries

All-time high

0.0863 current US$ per US$ of GDP

in 2016

All-time low

0.0107 current US$ per US$ of GDP

in 1978

Years of data

1971–2023

Taxes less subsidies on products (current US$), per unit of GDP in New Zealand, 1971–2023

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

Analysis

The most recent figure for taxes less subsidies on products (current us$), per unit of gdp in New Zealand is 0.0832 current US$ per US$ of GDP, measured in 2023.

That represents a change of down 0.8% on the previous year and up 1.5% over ten years.

Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in New Zealand peaked at 0.0863 current US$ per US$ of GDP in 2016 and was at its lowest, 0.0107 current US$ per US$ of GDP, in 1978.

New Zealand ranks 103rd of 197 countries on this measure, in the middle of the range.

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

Taxes less subsidies on products (current US$), per unit of GDP (unit) in New Zealand, year by year

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in New Zealand, 1971 to 2023.
Year	current US$ per US$ of GDP	Change
1971	0.0127 current US$ per US$ of GDP	—
1972	0.013 current US$ per US$ of GDP	+2.1%
1973	0.0155 current US$ per US$ of GDP	+19.9%
1974	0.0159 current US$ per US$ of GDP	+2.5%
1975	0.0126 current US$ per US$ of GDP	-21.1%
1976	0.0125 current US$ per US$ of GDP	-0.8%
1977	0.0111 current US$ per US$ of GDP	-10.7%
1978	0.0107 current US$ per US$ of GDP	-3.7%
1979	0.0116 current US$ per US$ of GDP	+8.7%
1980	0.0111 current US$ per US$ of GDP	-4.4%
1981	0.0134 current US$ per US$ of GDP	+20.1%
1982	0.0124 current US$ per US$ of GDP	-6.9%
1983	0.0134 current US$ per US$ of GDP	+7.3%
1984	0.0164 current US$ per US$ of GDP	+22.7%
1985	0.0132 current US$ per US$ of GDP	-19.3%
1986	0.0386 current US$ per US$ of GDP	+192.2%
1987	0.068 current US$ per US$ of GDP	+76.1%
1988	0.0588 current US$ per US$ of GDP	-13.6%
1989	0.0694 current US$ per US$ of GDP	+18.0%
1990	0.0714 current US$ per US$ of GDP	+2.9%
1991	0.0706 current US$ per US$ of GDP	-1.1%
1992	0.0707 current US$ per US$ of GDP	+0.2%
1993	0.0705 current US$ per US$ of GDP	-0.3%
1994	0.0739 current US$ per US$ of GDP	+4.7%
1995	0.0739 current US$ per US$ of GDP	+0.1%
1996	0.0746 current US$ per US$ of GDP	+0.9%
1997	0.0733 current US$ per US$ of GDP	-1.7%
1998	0.0698 current US$ per US$ of GDP	-4.8%
1999	0.0696 current US$ per US$ of GDP	-0.2%
2000	0.0685 current US$ per US$ of GDP	-1.7%
2001	0.0679 current US$ per US$ of GDP	-0.8%
2002	0.0708 current US$ per US$ of GDP	+4.3%
2003	0.0711 current US$ per US$ of GDP	+0.4%
2004	0.0719 current US$ per US$ of GDP	+1.2%
2005	0.0723 current US$ per US$ of GDP	+0.6%
2006	0.0769 current US$ per US$ of GDP	+6.3%
2007	0.0756 current US$ per US$ of GDP	-1.7%
2008	0.074 current US$ per US$ of GDP	-2.1%
2009	0.0728 current US$ per US$ of GDP	-1.5%
2010	0.0782 current US$ per US$ of GDP	+7.3%
2011	0.0834 current US$ per US$ of GDP	+6.7%
2012	0.0841 current US$ per US$ of GDP	+0.8%
2013	0.082 current US$ per US$ of GDP	-2.5%
2014	0.0826 current US$ per US$ of GDP	+0.7%
2015	0.0837 current US$ per US$ of GDP	+1.2%
2016	0.0863 current US$ per US$ of GDP	+3.1%
2017	0.0849 current US$ per US$ of GDP	-1.6%
2018	0.0844 current US$ per US$ of GDP	-0.6%
2019	0.0856 current US$ per US$ of GDP	+1.4%
2020	0.0824 current US$ per US$ of GDP	-3.7%
2021	0.0844 current US$ per US$ of GDP	+2.4%
2022	0.0839 current US$ per US$ of GDP	-0.6%
2023	0.0832 current US$ per US$ of GDP	-0.8%

New Zealand compared with similar countries

New Zealand's 0.0832 current US$ per US$ of GDP is below the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 88% of the median. (74 countries reporting)
New Zealand's 0.0832 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0669 current US$ per US$ of GDP, 1.2× the median. (28 countries reporting)

Biggest year-on-year movements

Years where Taxes less subsidies on products (current US$), per unit of GDP (unit) 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
1986	+192.2%	0.0132 current US$ per US$ of GDP	0.0386 current US$ per US$ of GDP
1987	+76.1%	0.0386 current US$ per US$ of GDP	0.068 current US$ per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.0128 current US$ per US$ of GDP	0.0107 current US$ per US$ of GDP	0.0159 current US$ per US$ of GDP	9
1980s	0.0315 current US$ per US$ of GDP	0.0111 current US$ per US$ of GDP	0.0694 current US$ per US$ of GDP	10
1990s	0.0718 current US$ per US$ of GDP	0.0696 current US$ per US$ of GDP	0.0746 current US$ per US$ of GDP	10
2000s	0.0722 current US$ per US$ of GDP	0.0679 current US$ per US$ of GDP	0.0769 current US$ per US$ of GDP	10
2010s	0.0835 current US$ per US$ of GDP	0.0782 current US$ per US$ of GDP	0.0863 current US$ per US$ of GDP	10
2020s	0.0835 current US$ per US$ of GDP	0.0824 current US$ per US$ of GDP	0.0844 current US$ per US$ of GDP	4

Countries ranked near New Zealand

100 Czechia 0.0854 current US$ per US$ of GDP compare
101 Burkina Faso 0.0848 current US$ per US$ of GDP compare
102 Russia 0.0839 current US$ per US$ of GDP compare
104 Cote d'Ivoire 0.0814 current US$ per US$ of GDP compare
105 Malta 0.0812 current US$ per US$ of GDP compare
106 Paraguay 0.0796 current US$ per US$ of GDP compare

See the full ranking of 198 places →

More economy & growth data for New Zealand

Real gdp growth, annual growth rate 161.32 % change on previous year (2025)
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)
SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
SDRs holdings, US dollar, per capita 552.02 units per person (2025)
SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
SDRs holdings, SDR, per capita 403.08 units per person (2025)
IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)

All data for New Zealand →

Frequently asked questions

What is taxes less subsidies on products (current us$), per unit of gdp in New Zealand?: Taxes less subsidies on products (current us$), per unit of gdp in New Zealand was 0.0832 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in New Zealand?: The highest recorded value was 0.0863 current US$ per US$ of GDP in 2016.
What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in New Zealand?: The lowest recorded value was 0.0107 current US$ per US$ of GDP in 1978.
How does New Zealand rank for taxes less subsidies on products (current us$), per unit of gdp?: New Zealand ranks 103rd out of 197 countries with data for 2023.
Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in New Zealand?: Over the last ten years it is up 1.5%. 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 Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), per unit of GDP in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/new-zealand/

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How this figure is calculated

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

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

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 (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 198 places, 8,406 data points, 1960–2025
Last refreshed: 21 August 2026

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