New Zealand: Government deficit (% of GDP)
Percent of GDP · 1913–2025 · 113 observations · forecasts to 2031 · govdef_GDP
- 2025
- −3.86%percent of GDP
- Change on 2024
- −0.9 pointsfrom −2.94%
- Average, 2016–2025
- −2.13%10 years
- Record high and low
- 5.36% (2006)low −42.2% (1945)
Government deficit (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -0.625 | Forecast |
| 2030 | -0.918 | Forecast |
| 2029 | -1.30 | Forecast |
| 2028 | -2.13 | Forecast |
| 2027 | -3.15 | Forecast |
| 2026 | -1.93 | Forecast |
| 2025 | -3.86 | |
| 2024 | -2.94 | |
| 2023 | -3.04 | |
| 2022 | -2.70 | |
| 2021 | -4.17 | |
| 2020 | -7.92 | |
| 2019 | -0.409 | |
| 2018 | 0.84 | |
| 2017 | 1.69 | |
| 2016 | 1.23 |
Sources
This series is derived from other GMD variables.
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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