Total Expenditure (central government) — Value US$, 2015 prices in New Zealand
New Zealand: Total Expenditure (central government) — Value US$, 2015 prices was 83,029 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in New Zealand, 2002–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$, 2015 prices in New Zealand is 83,029 million USD, measured in 2024. That is the highest value across all 23 years on record.
That represents a change of up 3.4% on the previous year and up 46.4% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in New Zealand peaked at 83,029 million USD in 2024 and was at its lowest, 47,385 million USD, in 2006.
New Zealand ranks 34th of 173 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 2002 | 53,042 million USD | — |
| 2003 | 55,683 million USD | +5.0% |
| 2004 | 56,757 million USD | +1.9% |
| 2005 | 60,028 million USD | +5.8% |
| 2006 | 47,385 million USD | -21.1% |
| 2007 | 48,947 million USD | +3.3% |
| 2008 | 49,453 million USD | +1.0% |
| 2009 | 53,516 million USD | +8.2% |
| 2010 | 53,910 million USD | +0.7% |
| 2011 | 63,822 million USD | +18.4% |
| 2012 | 57,501 million USD | -9.9% |
| 2013 | 55,424 million USD | -3.6% |
| 2014 | 56,722 million USD | +2.3% |
| 2015 | 57,972 million USD | +2.2% |
| 2016 | 58,733 million USD | +1.3% |
| 2017 | 59,515 million USD | +1.3% |
| 2018 | 61,923 million USD | +4.0% |
| 2019 | 65,014 million USD | +5.0% |
| 2020 | 76,888 million USD | +18.3% |
| 2021 | 75,165 million USD | -2.2% |
| 2022 | 82,397 million USD | +9.6% |
| 2023 | 80,325 million USD | -2.5% |
| 2024 | 83,029 million USD | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53,101 million USD | 47,385 million USD | 60,028 million USD | 8 |
| 2010s | 59,054 million USD | 53,910 million USD | 65,014 million USD | 10 |
| 2020s | 79,561 million USD | 75,165 million USD | 83,029 million USD | 5 |
Countries ranked near New Zealand
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)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 9,511 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 0.9117 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2596 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,830 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 2.39 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.4289 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in New Zealand?
- Total expenditure (central government) — value us$, 2015 prices in New Zealand was 83,029 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in New Zealand?
- The highest recorded value was 83,029 million USD in 2024.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in New Zealand?
- The lowest recorded value was 47,385 million USD in 2006.
- How does New Zealand rank for total expenditure (central government) — value us$, 2015 prices?
- New Zealand ranks 34th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in New Zealand?
- Over the last ten years it is up 46.4%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.