New Zealand - Budget Deficit 1997
1.24%
−1.34% from 1996
New Zealand's budget deficit was 1.24% in 1997, decreased +1.34% from 2.58% in 1996. This was the 115th highest globally.
Global Ranking - 1997▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Lebanon | -24.55% | 4.4% |
| 2nd | Albania | -11.90% | - |
| 3rd | Brunei Darussalam | -11.79% | -35.5% |
| 4th | Cabo Verde | -10.18% | 9.2% |
| 5th | Qatar | -9.40% | -7.7% |
| 6th | Kyrgyz Republic | -9.31% | -2.3% |
| 7th | India | -8.28% | -23.4% |
| 8th | Mongolia | -8.09% | -17.6% |
| 9th | Moldova | -7.47% | -0.6% |
| 10th | Georgia | -6.63% | -12.2% |
| 11th | Jamaica | -6.39% | -21.8% |
| 12th | Bahrain | -6.39% | -2,739.3% |
| 13th | Greece | -6.25% | 25.2% |
| 14th | Slovak Republic | -6.24% | 35.9% |
| 15th | Ghana | -6.14% | -9.4% |
| 16th | Seychelles | -5.91% | 39.1% |
| 17th | Sri Lanka | -5.71% | 17.2% |
| 18th | Eritrea | -5.65% | 69.3% |
| 19th | Hungary | -5.54% | -27.0% |
| 20th | Ukraine | -5.37% | -73.7% |
| 21st | Romania | -5.19% | -9.5% |
| 22nd | Grenada | -4.94% | -63.6% |
| 23rd | Croatia | -4.93% | -12.0% |
| 24th | Cyprus | -4.82% | -63.1% |
| 25th | Poland | -4.59% | 4.8% |
| 26th | Fiji | -4.51% | -30.4% |
| 27th | Burundi | -4.48% | 48.0% |
| 28th | Pakistan | -3.87% | 10.8% |
| 29th | Spain | -3.86% | 34.2% |
| 30th | France | -3.71% | 4.8% |
| 31st | Cambodia | -3.70% | 50.8% |
| 32nd | Tunisia | -3.70% | 28.5% |
| 33rd | Portugal | -3.65% | 21.1% |
| 34th | Japan | -3.53% | 27.6% |
| 35th | Mexico | -3.48% | 4.9% |
| 36th | Costa Rica | -3.39% | 21.6% |
| 37th | Bolivia, Plurinational State of | -3.28% | -72.7% |
| 38th | Colombia | -3.23% | -29.3% |
| 39th | Czechia | -3.14% | -5.4% |
| 40th | Germany | -3.03% | 16.8% |
| 41st | Italy | -2.98% | 54.9% |
| 42nd | Jordan | -2.97% | 8.4% |
| 43rd | Djibouti | -2.86% | -61.8% |
| 44th | Ecuador | -2.83% | 17.9% |
| 45th | St. Vincent and the Grenadines | -2.81% | -277.2% |
| 46th | Burkina Faso | -2.64% | -58.6% |
| 47th | Chad | -2.58% | 9.9% |
| 48th | Guinea-Bissau | -2.56% | -173.5% |
| 49th | Saudi Arabia | -2.51% | 22.8% |
| 50th | Niger | -2.39% | -563.1% |
| 51st | Austria | -2.38% | 45.6% |
| 52nd | Namibia | -2.38% | 35.7% |
| 53rd | Slovenia | -2.37% | -105.0% |
| 54th | Switzerland | -2.33% | -15.8% |
| 55th | St. Kitts and Nevis | -2.33% | -2.9% |
| 56th | Dominica | -2.24% | -40.9% |
| 57th | Rwanda | -2.22% | 55.6% |
| 58th | Belgium | -2.15% | 46.3% |
| 59th | Libya | -2.11% | -118.6% |
| 60th | Aruba | -2.10% | 10.3% |
| 61st | Uzbekistan | -2.05% | -30.4% |
| 62nd | United Kingdom | -2.01% | 44.9% |
| 63rd | Madagascar | -2.00% | 49.7% |
| 64th | El Salvador | -1.97% | 27.0% |
| 65th | Bangladesh | -1.94% | 3.7% |
| 66th | Bhutan | -1.92% | -175.0% |
| 67th | Argentina | -1.84% | 34.6% |
| 68th | Iran, Islamic Republic of | -1.81% | -141.7% |
| 69th | Mozambique | -1.81% | 12.7% |
| 70th | Belize | -1.81% | -2.6% |
| 71st | Syrian Arab Republic | -1.78% | 37.0% |
| 72nd | Guyana | -1.70% | - |
| 73rd | Thailand | -1.68% | -161.1% |
| 74th | Bahamas, The | -1.60% | -941.6% |
| 75th | Netherlands | -1.60% | 16.0% |
| 76th | Sweden | -1.57% | 49.5% |
| 77th | Central African Republic | -1.57% | -47.8% |
| 78th | Yemen, Republic of | -1.50% | -63.6% |
| 79th | Maldives | -1.46% | 27.4% |
| 80th | Finland | -1.33% | 60.7% |
| 81st | Comoros | -1.30% | 62.1% |
| 82nd | Denmark | -1.22% | 49.1% |
| 83rd | St. Lucia | -1.10% | -92.1% |
| 84th | Congo, Democratic Republic of | -1.06% | -87.9% |
| 85th | Indonesia | -1.03% | -207.5% |
| 86th | Togo | -0.98% | 69.8% |
| 87th | Azerbaijan | -0.94% | 58.4% |
| 88th | Kenya | -0.91% | -85.1% |
| 89th | Uganda | -0.83% | - |
| 90th | Guatemala | -0.79% | -2,235.1% |
| 91st | Lithuania | -0.76% | 78.8% |
| 92nd | Côte d'Ivoire | -0.75% | - |
| 93rd | China | -0.73% | 1.0% |
| 94th | Dominican Republic | -0.64% | - |
| 95th | Sudan | -0.59% | 77.4% |
| 96th | Vanuatu | -0.51% | 71.5% |
| 97th | Australia | -0.49% | 66.1% |
| 98th | North Macedonia | -0.35% | - |
| 99th | Suriname | -0.32% | -109.4% |
| 100th | Angola | -0.27% | -105.2% |
| 101st | Turkmenistan | -0.20% | - |
| 102nd | Tanzania | -0.03% | -101.7% |
| 103rd | Iceland | 0.04% | 102.5% |
| 104th | Canada | 0.04% | 101.3% |
| 105th | Guinea | 0.07% | 103.0% |
| 106th | Honduras | 0.08% | -37.0% |
| 107th | Trinidad and Tobago | 0.11% | 124.8% |
| 108th | Lesotho | 0.27% | -87.4% |
| 109th | Philippines | 0.37% | -31.7% |
| 110th | Haiti | 0.37% | - |
| 111th | Benin | 0.64% | 532.4% |
| 112th | Papua New Guinea | 0.67% | -67.3% |
| 113th | Senegal | 0.98% | 6.3% |
| 114th | Nigeria | 1.14% | -66.3% |
| 115th | New Zealand | 1.24% | -52.0% |
| 116th | Panama | 1.25% | -49.8% |
| 117th | Ireland | 1.37% | 797.0% |
| 118th | Gabon | 1.41% | -33.5% |
| 119th | Morocco | 1.50% | 72.7% |
| 120th | Samoa | 1.92% | 58.4% |
| 121st | Chile | 2.04% | -1.5% |
| 122nd | Eswatini | 2.06% | 313.0% |
| 123rd | Solomon Islands | 2.14% | -42.8% |
| 124th | Algeria | 2.19% | -18.8% |
| 125th | Korea | 2.32% | 0.7% |
| 126th | Micronesia, Federated States of | 2.62% | 12.2% |
| 127th | Luxembourg | 2.66% | 12.1% |
| 128th | Estonia | 2.98% | 420.0% |
| 129th | Paraguay | 3.01% | 23.6% |
| 130th | Equatorial Guinea | 3.21% | 150.6% |
| 131st | Congo, Republic of | 3.67% | -60.1% |
| 132nd | Oman | 4.77% | 115.2% |
| 133rd | Malaysia | 4.84% | 48.0% |
| 134th | Barbados | 5.44% | 47.1% |
| 135th | Singapore | 5.66% | 185.6% |
| 136th | Kiribati | 5.92% | 129.2% |
| 137th | Hong Kong SAR, China | 6.32% | 212.8% |
| 138th | United Arab Emirates | 6.71% | 631.8% |
| 139th | Norway | 7.35% | 22.4% |
| 140th | Marshall Islands | 7.91% | - |
| 141st | Kuwait | 29.49% | 21.5% |
FAQ
What was New Zealand's budget deficit in 1997?▾
New Zealand's budget deficit in 1997 was 1.24%. This ranked 115th globally.
How did New Zealand's budget deficit change in 1997?▾
New Zealand's budget deficit decreased by 52.0% in 1997 compared to 1996.
Which country had the highest budget deficit in 1997?▾
Kuwait had the highest budget deficit in 1997 at 29.49%.
What is the budget deficit of New Zealand in 1997?▾
The budget deficit of New Zealand in 1997 was 1.24%. This ranked 115th globally.
How does 1997 compare to 1996 for New Zealand's budget deficit?▾
New Zealand's budget deficit went from 2.58% in 1996 to 1.24% in 1997, a 52.0% decrease.
Related
1996
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Full ranking 1997
Tax Revenue
Government Spending
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Peak: 2005
Lowest: 1985
Budget Deficit 1990s
Budget Deficit 2000s
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