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New Zealand: Central government deficit (% of GDP)

Percent of GDP · 1931–2025 · 95 observations · cgovdef_GDP

2025
−3.20%percent of GDP
Change on 2024
−0.1 pointsfrom −3.06%
Average, 2016–2025
−1.34%10 years
Record high and low
4.48% (2005)low −51.9% (1943)

Central government deficit (% of GDP)

Report error
-60%-50%-40%-30%-20%-10%0%10%19401960198020002020New ZealandNew Zealand
Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2025-3.20
2024-3.06
2023-2.35
2022-2.65
2021-1.33
2020-7.26
20192.39
20181.87
20171.48
20160.707

Sources

  • Mitchell1931–2010
  • World Development Indicators1972–2024
  • New Zealand Treasury1972–2025
  • IMF Government Finance Statistics2002–2005

Compare these sources →

New Zealand documentation (PDF)

More for New Zealand

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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