New Zealand Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
New Zealand's budget deficit stood at -4.06% in 2025, a decline of +0.46% from 2024. The IMF projects -4.06% by 2025. New Zealand ranked 129th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -0.01% | - | - |
| 2029* IMF | -0.47% | - | - |
| 2028* IMF | -1.47% | - | - |
| 2027* IMF | -2.52% | - | - |
| 2026* IMF | -3.58% | - | - |
| 2025* IMF | -4.06% | - | - |
| 2025 | -4.06% | −0.46% | #129 |
| 2024 | -3.61% | −0.07% | #72 |
| 2023 | -3.54% | +0.62% | #79 |
| 2022 | -4.16% | −0.66% | #69 |
| 2021 | -3.50% | +0.85% | #102 |
| 2020 | -4.35% | −1.85% | #128 |
| 2019 | -2.50% | −3.77% | #76 |
| 2018 | 1.27% | −0.09% | #151 |
| 2017 | 1.36% | +0.38% | #168 |
| 2016 | 0.98% | +0.61% | #167 |
| 2015 | 0.37% | +0.70% | #168 |
| 2014 | -0.34% | +0.95% | #144 |
| 2013 | -1.29% | +0.90% | #122 |
| 2012 | -2.19% | +2.77% | #101 |
| 2011 | -4.96% | +0.55% | #41 |
Analysis
New Zealand's budget deficit was -4.06% in 2025, a decline of −0.46% from 2024. IMF projects -4.06% by 2025.
Frequently Asked Questions
New Zealand's budget deficit was -4.06% in 2025. Ranked 129th globally. This represents a 12.6% decrease from the previous year.
New Zealand's budget deficit peaked at 5.13% in 2005.
The lowest budget deficit in New Zealand was -6.97% in 1985.
New Zealand ranks 129th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
New Zealand's budget deficit is projected to reach -4.06% by 2025 based on IMF projection.
The budget deficit of New Zealand in 2025 was -4.06%. This ranks 129th in the world.
Cite this page
@misc{historysaid_new-zealand_budget-deficit,
title = {New Zealand Budget Deficit},
url = {https://historysaid.com/new-zealand/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}