Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
52% GDP
2024
Govt expenditure
35.5% GDP
2022
Budget deficit
2.3% GDP
2024

Price level

New Zealand is 14.4% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
85.6(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 2010

YearDebt (% GDP)Change
201034.7—
201148.1+13.4
201251.6+3.5
201346.4-5.1
201443.9-2.6
201542.9-1
201641.4-1.5
201738.7-2.7
201836.7-2
201932.8-3.9
202045.7+12.9
202151.4+5.7
202253.9+2.6
202349.9-4
202452+2.1

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
New Zealand — nstate — nstate