Budget balance — all countries

Budget balance — New Zealand

Budget balance in New Zealand in 2031 — -0.6%. Ranked 42 in the world out of 188. Since 1985, the indicator has risen by 6.4 pp.

2031 -0.6% +0.3 pp vs 2030
World rank 42of 188
Period maximum 5.1%2005
Period minimum -7%1985

Trend over time

1985–2031 · % of GDP

Budget balance — New Zealand, 1985–2031-10-5051019851990199520002005201020152020202520301985: -7%1986: -5.3%1987: -3.4%1988: -1.9%1989: -2.1%1990: -2.7%1991: -6.1%1992: -6.2%1993: -1.5%1994: 2%1995: 3.7%1996: 2.6%1997: 1.2%1998: -0.5%1999: -1.1%2000: 0.2%2001: 1.3%2002: 2.6%2003: 3.7%2004: 4.5%2005: 5.1%2006: 4.6%2007: 3.6%2008: 1.5%2009: -1.8%2010: -5.5%2011: -4.9%2012: -2.2%2013: -1.3%2014: -0.3%2015: 0.4%2016: 1%2017: 1.4%2018: 1.3%2019: -2.4%2020: -4.2%2021: -3.3%2022: -4%2023: -3.2%2024: -3.2%2025: -3.9%2026: -3.9%2027: -3.1%2028: -2.1%2029: -1.3%2030: -0.9%2031: -0.6%
Change over the period: +6.4 pp Annual average: 0.14 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: New Zealand

New Zealand -0.6%
World computed -4.85%
East Asia & Pacific computed -5.66%
Australia and New Zealand computed -1.31%
High-income countries computed -4.26%
Budget balance — New Zealand, by year New Zealand All countries CSV XLSX
Year % Change, pp
2031 -0.6 +0.3 pp
2030 -0.9 +0.4 pp
2029 -1.3 +0.8 pp
2028 -2.1 +1 pp
2027 -3.1 +0.8 pp
2026 -3.9 +0 pp
2025 -3.9 −0.7 pp
2024 -3.2 +0 pp
2023 -3.2 +0.8 pp
2022 -4 −0.7 pp
2021 -3.3 +0.9 pp
2020 -4.2 −1.8 pp
2019 -2.4 −3.7 pp
2018 1.3 −0.1 pp
2017 1.4 +0.4 pp
2016 1 +0.6 pp
2015 0.4 +0.7 pp
2014 -0.3 +1 pp
2013 -1.3 +0.9 pp
2012 -2.2 +2.7 pp
2011 -4.9 +0.6 pp
2010 -5.5 −3.7 pp
2009 -1.8 −3.3 pp
2008 1.5 −2.1 pp
2007 3.6 −1 pp
2006 4.6 −0.5 pp
2005 5.1 +0.6 pp
2004 4.5 +0.8 pp
2003 3.7 +1.1 pp
2002 2.6 +1.3 pp
2001 1.3 +1.1 pp
2000 0.2 +1.3 pp
1999 -1.1 −0.6 pp
1998 -0.5 −1.7 pp
1997 1.2 −1.4 pp
1996 2.6 −1.1 pp
1995 3.7 +1.7 pp
1994 2 +3.5 pp
1993 -1.5 +4.7 pp
1992 -6.2 −0.1 pp
1991 -6.1 −3.4 pp
1990 -2.7 −0.6 pp
1989 -2.1 −0.2 pp
1988 -1.9 +1.5 pp
1987 -3.4 +1.9 pp
1986 -5.3 +1.7 pp
1985 -7

Australia and New Zealand, 2031

The same indicator for neighboring countries — with links to their pages

NZ New Zealand -0.6 AU Australia -1.4

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.