New Zealand - Budget Deficit 2002
2.55%
+1.26% from 2001
New Zealand's budget deficit was 2.55% in 2002, increased +1.26% from 1.29% in 2001. This was the 166th highest globally.
Global Ranking - 2002▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Seychelles | -16.26% | -82.1% |
| 2nd | Lebanon | -16.19% | 23.0% |
| 3rd | Grenada | -13.90% | -129.6% |
| 4th | Eritrea | -13.29% | -38.2% |
| 5th | Palau | -12.70% | 23.9% |
| 6th | St. Kitts and Nevis | -11.71% | -7.8% |
| 7th | Türkiye | -11.31% | 2.8% |
| 8th | India | -11.07% | -0.4% |
| 9th | São Tomé and Principe | -10.42% | 22.9% |
| 10th | Antigua and Barbuda | -8.83% | -3.0% |
| 11th | Hungary | -8.79% | -120.1% |
| 12th | Bolivia, Plurinational State of | -8.79% | -28.9% |
| 13th | Slovak Republic | -8.35% | -7.9% |
| 14th | Israel | -8.22% | -102.6% |
| 15th | Belarus | -7.81% | -64.8% |
| 16th | Timor-Leste | -7.64% | -335.6% |
| 17th | Congo, Republic of | -7.34% | -939.9% |
| 18th | Japan | -7.34% | -18.3% |
| 19th | Sri Lanka | -6.90% | 18.6% |
| 20th | Egypt, Arab Republic of | -6.77% | -532.5% |
| 21st | Thailand | -6.72% | -280.2% |
| 22nd | Jamaica | -6.55% | -37.4% |
| 23rd | Czechia | -6.35% | -10.2% |
| 24th | Uzbekistan | -6.32% | -92.6% |
| 25th | Albania | -6.21% | 9.1% |
| 26th | Greece | -6.20% | -9.8% |
| 27th | Cabo Verde | -6.14% | -22.1% |
| 28th | Cambodia | -6.07% | -22.8% |
| 29th | Saudi Arabia | -5.91% | -51.2% |
| 30th | Kyrgyz Republic | -5.90% | 12.6% |
| 31st | Malta | -5.62% | 13.6% |
| 32nd | El Salvador | -5.50% | -11.3% |
| 33rd | Belize | -5.41% | 25.3% |
| 34th | North Macedonia | -5.24% | 10.9% |
| 35th | Barbados | -5.24% | -229.4% |
| 36th | Honduras | -5.02% | -60.8% |
| 37th | Costa Rica | -4.99% | -43.8% |
| 38th | Burundi | -4.90% | 37.0% |
| 39th | Croatia | -4.90% | -2.2% |
| 40th | Mauritius | -4.89% | 8.0% |
| 41st | Poland | -4.79% | -1.5% |
| 42nd | Hong Kong SAR, China | -4.77% | 1.3% |
| 43rd | Mongolia | -4.74% | -9.5% |
| 44th | Brunei Darussalam | -4.61% | -278.5% |
| 45th | Djibouti | -4.57% | -26.6% |
| 46th | Zambia | -4.50% | 23.6% |
| 47th | Malawi | -4.47% | - |
| 48th | Jordan | -4.44% | -60.2% |
| 49th | Burkina Faso | -4.43% | -24.6% |
| 50th | Morocco | -4.37% | -15.3% |
| 51st | Solomon Islands | -4.35% | -81.6% |
| 52nd | Bhutan | -4.33% | 64.4% |
| 53rd | Brazil | -4.15% | -19.6% |
| 54th | Cyprus | -4.13% | -96.1% |
| 55th | Madagascar | -4.09% | -13.2% |
| 56th | Germany | -4.09% | -30.8% |
| 57th | Chad | -4.08% | -15.4% |
| 58th | Dominica | -4.07% | 37.8% |
| 59th | Myanmar | -4.01% | 36.8% |
| 60th | Maldives | -3.97% | 0.0% |
| 61st | Malaysia | -3.96% | 9.2% |
| 62nd | Botswana | -3.94% | -35.3% |
| 63rd | United States | -3.82% | -602.4% |
| 64th | Portugal | -3.74% | 21.1% |
| 65th | Philippines | -3.71% | -6.1% |
| 66th | Guinea-Bissau | -3.70% | -102.8% |
| 67th | Eswatini | -3.69% | -64.9% |
| 68th | Fiji | -3.68% | 18.2% |
| 69th | Vanuatu | -3.63% | -9.3% |
| 70th | Colombia | -3.45% | -27.4% |
| 71st | Guinea | -3.37% | -4.4% |
| 72nd | Mozambique | -3.36% | 24.1% |
| 73rd | Benin | -3.33% | -1.9% |
| 74th | Suriname | -3.30% | -194.4% |
| 75th | Bahrain | -3.27% | -570.8% |
| 76th | Uruguay | -3.19% | -11.7% |
| 77th | France | -3.18% | -124.2% |
| 78th | Aruba | -3.17% | -279.5% |
| 79th | Mali | -3.09% | -10.6% |
| 80th | Sierra Leone | -3.03% | 5.9% |
| 81st | St. Lucia | -3.03% | 1.5% |
| 82nd | Bosnia and Herzegovina | -2.99% | 13.2% |
| 83rd | Iran, Islamic Republic of | -2.88% | -14,510.0% |
| 84th | Italy | -2.88% | 9.5% |
| 85th | Lao PDR | -2.85% | 22.6% |
| 86th | China | -2.84% | -11.0% |
| 87th | Ghana | -2.73% | 25.0% |
| 88th | Pakistan | -2.64% | -7.4% |
| 89th | Romania | -2.60% | 18.9% |
| 90th | Latvia | -2.59% | -27.7% |
| 91st | Tunisia | -2.55% | 11.4% |
| 92nd | Slovenia | -2.47% | 46.0% |
| 93rd | Nepal | -2.46% | -4.7% |
| 94th | Lesotho | -2.44% | 11.8% |
| 95th | Guyana | -2.42% | 34.8% |
| 96th | Tajikistan | -2.40% | -13.5% |
| 97th | Serbia | -2.33% | -816.3% |
| 98th | Bangladesh | -2.31% | 33.0% |
| 99th | Dominican Republic | -2.28% | -212.8% |
| 100th | Iceland | -2.25% | -709.4% |
| 101st | Angola | -2.25% | -180.0% |
| 102nd | Netherlands | -2.23% | -376.5% |
| 103rd | Niger | -2.21% | 14.5% |
| 104th | Mexico | -2.18% | 15.2% |
| 105th | Comoros | -2.15% | -0.8% |
| 106th | Uganda | -2.07% | -108.0% |
| 107th | Rwanda | -2.03% | -12.8% |
| 108th | Syrian Arab Republic | -2.02% | -187.8% |
| 109th | St. Vincent and the Grenadines | -2.00% | -25.3% |
| 110th | United Kingdom | -1.96% | -682.4% |
| 111th | Argentina | -1.91% | 64.4% |
| 112th | Paraguay | -1.89% | -2,658.1% |
| 113th | Viet Nam | -1.86% | 15.4% |
| 114th | Lithuania | -1.85% | 47.4% |
| 115th | Ukraine | -1.84% | 39.3% |
| 116th | Haiti | -1.80% | -16.3% |
| 117th | Samoa | -1.77% | 9.6% |
| 118th | Papua New Guinea | -1.75% | -31.7% |
| 119th | Switzerland | -1.75% | -943.0% |
| 120th | Bahamas, The | -1.67% | -652.3% |
| 121st | Liberia | -1.57% | -67.6% |
| 122nd | Sweden | -1.46% | -206.0% |
| 123rd | Montenegro | -1.44% | - |
| 124th | Austria | -1.43% | -100.3% |
| 125th | Peru | -1.40% | 34.8% |
| 126th | Namibia | -1.38% | 31.6% |
| 127th | Kenya | -1.30% | -145.3% |
| 128th | United Arab Emirates | -1.24% | -202.7% |
| 129th | Central African Republic | -1.19% | -35.8% |
| 130th | Moldova | -1.18% | -241.7% |
| 131st | Chile | -1.17% | -136.6% |
| 132nd | Guatemala | -1.03% | 48.5% |
| 133rd | Panama | -0.96% | -130.9% |
| 134th | South Africa | -0.96% | 5.6% |
| 135th | Tanzania | -0.73% | -75.6% |
| 136th | Sudan | -0.69% | 10.7% |
| 137th | Côte d'Ivoire | -0.64% | -191.1% |
| 138th | Bulgaria | -0.61% | -5.9% |
| 139th | Indonesia | -0.58% | 67.3% |
| 140th | Yemen, Republic of | -0.56% | -119.9% |
| 141st | Ireland | -0.52% | -154.1% |
| 142nd | Spain | -0.32% | 30.3% |
| 143rd | Togo | -0.28% | 60.9% |
| 144th | Canada | -0.23% | -144.2% |
| 145th | Trinidad and Tobago | -0.20% | -132.6% |
| 146th | Georgia | -0.19% | 73.7% |
| 147th | Afghanistan | -0.10% | - |
| 148th | Belgium | -0.04% | -118.9% |
| 149th | Gambia, The | 0.06% | 102.3% |
| 150th | Turkmenistan | 0.19% | -76.1% |
| 151st | Senegal | 0.19% | 113.3% |
| 152nd | Australia | 0.19% | 743.3% |
| 153rd | Algeria | 0.22% | -93.2% |
| 154th | Denmark | 0.25% | -77.6% |
| 155th | Estonia | 0.29% | -26.6% |
| 156th | Russian Federation | 0.67% | -77.5% |
| 157th | Ecuador | 0.74% | 2,136.4% |
| 158th | Congo, Democratic Republic of | 0.89% | 179.3% |
| 159th | Nigeria | 0.95% | 141.7% |
| 160th | Andorra | 0.98% | 48.6% |
| 161st | Cameroon | 1.51% | 75.0% |
| 162nd | Kazakhstan | 1.92% | - |
| 163rd | Luxembourg | 2.03% | -63.9% |
| 164th | Nicaragua | 2.07% | 506.7% |
| 165th | Singapore | 2.23% | 86.5% |
| 166th | New Zealand | 2.55% | 98.3% |
| 167th | Tonga | 2.59% | 15.9% |
| 168th | Macao SAR, China | 2.66% | -18.4% |
| 169th | Kiribati | 3.13% | 128.8% |
| 170th | Korea | 3.23% | 33.4% |
| 171st | Gabon | 3.72% | -8.4% |
| 172nd | Finland | 3.98% | -18.7% |
| 173rd | Marshall Islands | 5.12% | -34.6% |
| 174th | Oman | 5.31% | -29.6% |
| 175th | Libya | 6.99% | 10,334.3% |
| 176th | Micronesia, Federated States of | 7.21% | 231.9% |
| 177th | Qatar | 7.89% | 76.1% |
| 178th | Norway | 9.03% | -31.5% |
| 179th | Equatorial Guinea | 17.59% | 18.0% |
| 180th | Azerbaijan | 19.39% | -10.9% |
| 181st | Kuwait | 31.04% | -31.3% |
FAQ
What was New Zealand's budget deficit in 2002?▾
New Zealand's budget deficit in 2002 was 2.55%. This ranked 166th globally.
How did New Zealand's budget deficit change in 2002?▾
New Zealand's budget deficit increased by 98.3% in 2002 compared to 2001.
Which country had the highest budget deficit in 2002?▾
Kuwait had the highest budget deficit in 2002 at 31.04%.
What is the budget deficit of New Zealand in 2002?▾
The budget deficit of New Zealand in 2002 was 2.55%. This ranked 166th globally.
How does 2002 compare to 2001 for New Zealand's budget deficit?▾
New Zealand's budget deficit went from 1.29% in 2001 to 2.55% in 2002, a 98.3% increase.
Related
2001
2003
All years
Full ranking 2002
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2005
Lowest: 1985
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Andorra
vs Malta
vs France
vs United Arab Emirates
OECD Budget Deficit
Global Ranking