Total Expenditure (central government) — Value US$ in New Zealand
New Zealand: Total Expenditure (central government) — Value US$ was 96,128 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$ 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$ in New Zealand is 96,128 million USD, measured in 2024. That is the highest value across all 23 years on record.
The figure is up 5.5% on the previous year and up 43.8% over ten years.
Over the whole period, total expenditure (central government) — value us$ in New Zealand peaked at 96,128 million USD in 2024 and was at its lowest, 25,890 million USD, in 2002.
That places New Zealand 35th out of 173 countries with data for 2024, putting it 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$ in New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 2002 | 25,890 million USD | — |
| 2003 | 34,849 million USD | +34.6% |
| 2004 | 42,006 million USD | +20.5% |
| 2005 | 48,217 million USD | +14.8% |
| 2006 | 36,178 million USD | -25.0% |
| 2007 | 44,277 million USD | +22.4% |
| 2008 | 44,163 million USD | -0.3% |
| 2009 | 42,702 million USD | -3.3% |
| 2010 | 51,454 million USD | +20.5% |
| 2011 | 68,190 million USD | +32.5% |
| 2012 | 62,703 million USD | -8.0% |
| 2013 | 64,185 million USD | +2.4% |
| 2014 | 66,845 million USD | +4.1% |
| 2015 | 57,972 million USD | -13.3% |
| 2016 | 59,991 million USD | +3.5% |
| 2017 | 63,726 million USD | +6.2% |
| 2018 | 65,466 million USD | +2.7% |
| 2019 | 67,390 million USD | +2.9% |
| 2020 | 79,587 million USD | +18.1% |
| 2021 | 88,654 million USD | +11.4% |
| 2022 | 91,859 million USD | +3.6% |
| 2023 | 91,081 million USD | -0.8% |
| 2024 | 96,128 million USD | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39,785 million USD | 25,890 million USD | 48,217 million USD | 8 |
| 2010s | 62,792 million USD | 51,454 million USD | 68,190 million USD | 10 |
| 2020s | 89,462 million USD | 79,587 million USD | 96,128 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)
- Services, value added (constant LCU), per capita 46,284 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 3.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.74 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9168 current US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current US$), per capita 45,199 current US$ per person (2023)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.08 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.49 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 73,604 current LCU per person (2023)
Frequently asked questions
- What is total expenditure (central government) — value us$ in New Zealand?
- Total expenditure (central government) — value us$ in New Zealand was 96,128 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in New Zealand?
- The highest recorded value was 96,128 million USD in 2024.
- What is the lowest total expenditure (central government) — value us$ recorded in New Zealand?
- The lowest recorded value was 25,890 million USD in 2002.
- How does New Zealand rank for total expenditure (central government) — value us$?
- New Zealand ranks 35th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$ rising or falling in New Zealand?
- Over the last ten years it is up 43.8%. 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$. 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.