New Zealand - Budget Deficit 2008
1.47%
−2.13% from 2007
New Zealand's budget deficit was 1.47% in 2008, decreased +2.13% from 3.60% in 2007. This was the 140th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -37.98% | -91.6% |
| 2nd | Timor-Leste | -18.56% | 38.0% |
| 3rd | Tuvalu | -17.23% | 7.4% |
| 4th | Kiribati | -15.83% | -26.9% |
| 5th | Iceland | -12.02% | -317.8% |
| 6th | Belarus | -10.91% | -39.4% |
| 7th | Greece | -10.32% | -51.5% |
| 8th | Maldives | -9.93% | -214.3% |
| 9th | Lebanon | -9.86% | 9.8% |
| 10th | India | -9.17% | -100.0% |
| 11th | Botswana | -7.61% | -232.8% |
| 12th | Jamaica | -7.32% | -97.7% |
| 13th | Ireland | -7.03% | -2,723.5% |
| 14th | United States | -6.61% | -127.0% |
| 15th | Egypt, Arab Republic of | -6.05% | -23.5% |
| 16th | Pakistan | -5.94% | -40.2% |
| 17th | Sri Lanka | -5.93% | -2.1% |
| 18th | Ghana | -5.56% | -13.1% |
| 19th | Jordan | -5.38% | 1.4% |
| 20th | United Kingdom | -5.09% | -91.7% |
| 21st | Albania | -4.88% | -53.6% |
| 22nd | Antigua and Barbuda | -4.72% | 5.3% |
| 23rd | Romania | -4.61% | -51.2% |
| 24th | Spain | -4.56% | -342.2% |
| 25th | Yemen, Republic of | -4.53% | 36.9% |
| 26th | Mongolia | -4.52% | -271.3% |
| 27th | Iran, Islamic Republic of | -4.39% | -82.5% |
| 28th | Serbia | -4.26% | -430.5% |
| 29th | Barbados | -4.17% | 3.3% |
| 30th | Japan | -4.11% | -41.7% |
| 31st | Malta | -4.06% | -97.5% |
| 32nd | Afghanistan | -3.86% | -56.9% |
| 33rd | Bosnia and Herzegovina | -3.82% | -2,362.1% |
| 34th | Portugal | -3.81% | -30.9% |
| 35th | El Salvador | -3.80% | -63.5% |
| 36th | Angola | -3.80% | -198.5% |
| 37th | Hungary | -3.79% | 25.6% |
| 38th | Grenada | -3.72% | 37.1% |
| 39th | Burkina Faso | -3.63% | 27.7% |
| 40th | Poland | -3.60% | -91.3% |
| 41st | Senegal | -3.53% | -26.2% |
| 42nd | France | -3.50% | -17.1% |
| 43rd | Israel | -3.50% | -709.3% |
| 44th | Dominican Republic | -3.43% | -1,320.6% |
| 45th | Malaysia | -3.41% | -32.4% |
| 46th | Bangladesh | -3.37% | -80.5% |
| 47th | Mauritania | -3.32% | -140.3% |
| 48th | Latvia | -3.29% | -624.1% |
| 49th | Andorra | -3.19% | -12.9% |
| 50th | Ukraine | -3.14% | -59.6% |
| 51st | Lithuania | -3.09% | -278.4% |
| 52nd | Malawi | -2.92% | -14.4% |
| 53rd | Estonia | -2.92% | -216.7% |
| 54th | Syrian Arab Republic | -2.86% | 4.1% |
| 55th | Guyana | -2.78% | 17.2% |
| 56th | Myanmar | -2.73% | 22.5% |
| 57th | Burundi | -2.70% | -7.7% |
| 58th | Liberia | -2.70% | -218.7% |
| 59th | Mauritius | -2.63% | 10.0% |
| 60th | Italy | -2.58% | -94.9% |
| 61st | Bhutan | -2.57% | -423.6% |
| 62nd | Slovak Republic | -2.54% | -12.5% |
| 63rd | Brazil | -2.39% | 10.0% |
| 64th | Croatia | -2.34% | -2.5% |
| 65th | Montenegro | -2.30% | -127.2% |
| 66th | Sierra Leone | -2.22% | -117.6% |
| 67th | Türkiye | -2.13% | -55.7% |
| 68th | Czechia | -2.00% | -194.8% |
| 69th | Uganda | -2.00% | -144.8% |
| 70th | Mali | -1.97% | 29.2% |
| 71st | Kenya | -1.95% | -104.6% |
| 72nd | Georgia | -1.92% | -337.6% |
| 73rd | Tanzania | -1.92% | -32.8% |
| 74th | Mozambique | -1.90% | 13.4% |
| 75th | Lao PDR | -1.86% | -65.4% |
| 76th | Haiti | -1.80% | -16.4% |
| 77th | Armenia | -1.76% | 24.7% |
| 78th | Madagascar | -1.72% | 25.3% |
| 79th | Palau | -1.71% | 17.9% |
| 80th | Austria | -1.57% | -0.7% |
| 81st | Guatemala | -1.57% | -11.9% |
| 82nd | St. Kitts and Nevis | -1.57% | -52.3% |
| 83rd | Micronesia, Federated States of | -1.55% | 56.2% |
| 84th | Comoros | -1.46% | -24.2% |
| 85th | Slovenia | -1.44% | -1,771.4% |
| 86th | Cabo Verde | -1.42% | -64.0% |
| 87th | Uruguay | -1.31% | -731.2% |
| 88th | St. Vincent and the Grenadines | -1.29% | 57.9% |
| 89th | Central African Republic | -1.23% | -217.9% |
| 90th | Zimbabwe | -1.20% | 28.6% |
| 91st | Australia | -1.10% | -174.7% |
| 92nd | Belgium | -1.10% | -1,734.3% |
| 93rd | North Macedonia | -0.93% | -260.8% |
| 94th | Moldova | -0.87% | -688.5% |
| 95th | Iraq | -0.86% | -108.6% |
| 96th | Bahamas, The | -0.82% | -6.6% |
| 97th | Guinea-Bissau | -0.74% | 91.6% |
| 98th | St. Lucia | -0.72% | 54.8% |
| 99th | Mexico | -0.68% | 53.3% |
| 100th | Zambia | -0.67% | 35.6% |
| 101st | Tunisia | -0.62% | 74.9% |
| 102nd | Togo | -0.59% | 67.8% |
| 103rd | South Africa | -0.49% | -140.2% |
| 104th | Gambia, The | -0.45% | -265.1% |
| 105th | Viet Nam | -0.45% | 74.3% |
| 106th | Congo, Democratic Republic of | -0.41% | -136.8% |
| 107th | Samoa | -0.36% | -165.2% |
| 108th | Nepal | -0.29% | 56.6% |
| 109th | Honduras | -0.27% | -5.1% |
| 110th | Germany | -0.26% | -269.7% |
| 111th | Côte d'Ivoire | -0.21% | 46.0% |
| 112th | Netherlands | -0.06% | 64.2% |
| 113th | Vanuatu | -0.04% | -115.6% |
| 114th | Benin | -0.04% | -118.5% |
| 115th | China | -0.02% | -141.4% |
| 116th | Philippines | 0.02% | 105.6% |
| 117th | Colombia | 0.04% | 105.1% |
| 118th | Indonesia | 0.05% | 105.7% |
| 119th | San Marino | 0.18% | -90.4% |
| 120th | Costa Rica | 0.18% | -67.4% |
| 121st | Canada | 0.18% | -89.9% |
| 122nd | Hong Kong SAR, China | 0.25% | -96.6% |
| 123rd | Nicaragua | 0.27% | -85.8% |
| 124th | Argentina | 0.35% | -53.5% |
| 125th | Panama | 0.38% | -88.0% |
| 126th | Guinea | 0.39% | -69.9% |
| 127th | Cambodia | 0.43% | -31.0% |
| 128th | Sudan | 0.49% | 117.3% |
| 129th | Ecuador | 0.57% | -78.6% |
| 130th | Djibouti | 0.62% | 133.1% |
| 131st | Morocco | 0.63% | 639.7% |
| 132nd | Dominica | 0.70% | -61.1% |
| 133rd | Thailand | 0.80% | 264.1% |
| 134th | Rwanda | 0.83% | 153.1% |
| 135th | Cyprus | 0.87% | -73.2% |
| 136th | Niger | 1.11% | 248.7% |
| 137th | Kazakhstan | 1.23% | -76.1% |
| 138th | Belize | 1.25% | 770.1% |
| 139th | Aruba | 1.47% | 240.2% |
| 140th | New Zealand | 1.47% | -59.2% |
| 141st | Fiji | 1.56% | 336.7% |
| 142nd | Korea | 1.58% | -36.6% |
| 143rd | Eswatini | 1.58% | -33.2% |
| 144th | Sweden | 1.87% | -44.4% |
| 145th | Kyrgyz Republic | 1.92% | 50.7% |
| 146th | Switzerland | 1.94% | 22.9% |
| 147th | Solomon Islands | 1.94% | -87.3% |
| 148th | Tajikistan | 1.94% | -8.9% |
| 149th | Cameroon | 2.00% | -48.4% |
| 150th | Tonga | 2.14% | -60.3% |
| 151st | Paraguay | 2.29% | 79.9% |
| 152nd | Suriname | 2.39% | -52.3% |
| 153rd | Peru | 2.49% | -25.8% |
| 154th | Bulgaria | 2.73% | -11.5% |
| 155th | Papua New Guinea | 2.73% | -60.4% |
| 156th | Chad | 2.82% | 39.6% |
| 157th | Luxembourg | 3.37% | -22.7% |
| 158th | Denmark | 3.46% | -34.8% |
| 159th | Namibia | 3.48% | -42.1% |
| 160th | Bolivia, Plurinational State of | 3.53% | 329.1% |
| 161st | Singapore | 3.59% | -49.6% |
| 162nd | Marshall Islands | 3.68% | 1,285.0% |
| 163rd | Chile | 3.93% | -50.6% |
| 164th | Nigeria | 4.05% | 610.1% |
| 165th | Bahrain | 4.08% | 168.4% |
| 166th | Finland | 4.18% | -18.3% |
| 167th | Russian Federation | 4.55% | -18.5% |
| 168th | Trinidad and Tobago | 5.70% | 75.8% |
| 169th | Uzbekistan | 5.97% | 68.0% |
| 170th | Algeria | 7.79% | 68.2% |
| 171st | Seychelles | 7.88% | 179.4% |
| 172nd | Lesotho | 8.10% | -24.7% |
| 173rd | Qatar | 9.49% | -8.3% |
| 174th | Turkmenistan | 10.73% | 156.0% |
| 175th | Gabon | 10.99% | 36.4% |
| 176th | São Tomé and Principe | 13.65% | -89.1% |
| 177th | Equatorial Guinea | 14.61% | -14.8% |
| 178th | Oman | 14.66% | 39.7% |
| 179th | Azerbaijan | 17.19% | 635.7% |
| 180th | Macao SAR, China | 17.48% | 6.7% |
| 181st | United Arab Emirates | 17.64% | 3.0% |
| 182nd | Norway | 18.53% | 8.8% |
| 183rd | Kuwait | 21.35% | -42.4% |
| 184th | Congo, Republic of | 23.90% | 165.9% |
| 185th | Libya | 27.68% | -2.4% |
| 186th | Saudi Arabia | 29.80% | 152.9% |
| 187th | Brunei Darussalam | 36.14% | 1,058.7% |
FAQ
What was New Zealand's budget deficit in 2008?▾
New Zealand's budget deficit in 2008 was 1.47%. This ranked 140th globally.
How did New Zealand's budget deficit change in 2008?▾
New Zealand's budget deficit decreased by 59.2% in 2008 compared to 2007.
Which country had the highest budget deficit in 2008?▾
Brunei Darussalam had the highest budget deficit in 2008 at 36.14%.
What is the budget deficit of New Zealand in 2008?▾
The budget deficit of New Zealand in 2008 was 1.47%. This ranked 140th globally.
How does 2008 compare to 2007 for New Zealand's budget deficit?▾
New Zealand's budget deficit went from 3.60% in 2007 to 1.47% in 2008, a 59.2% decrease.
Related
2007
2009
All years
Full ranking 2008
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