New Zealand Highest Budget Deficit
General government net lending/borrowing as % of GDP · IMF WEO
The highest budget deficit in New Zealand was 5.13% in 2005. The top 5 years were: 2005 (5.13%), 2006 (4.62%), 2004 (4.49%), 1995 (3.70%), 2003 (3.68%).
Top 5 Highest Years▾
New Zealand Top 5 Highest Budget Deficit Years
| Rank | Year | Value |
| 1st |
2005 |
5.13% |
| 2nd |
2006 |
4.62% |
| 3rd |
2004 |
4.49% |
| 4th |
1995 |
3.70% |
| 5th |
2003 |
3.68% |
All Data (sorted by value)▾
| Year | Value | Change | Rank |
| 2006 |
4.62% |
−0.51% |
151st |
| 2005 |
5.13% |
+0.64% |
167th |
| 2007 |
3.60% |
−1.02% |
152nd |
| 2004 |
4.49% |
+0.81% |
170th |
| 2003 |
3.68% |
+1.13% |
166th |
| 1995 |
3.70% |
+1.71% |
124th |
| 2002 |
2.55% |
+1.26% |
166th |
| 1996 |
2.58% |
−1.12% |
120th |
| 2018 |
1.27% |
−0.09% |
151st |
| 2017 |
1.36% |
+0.38% |
168th |
| 2008 |
1.47% |
−2.13% |
140th |
| 2001 |
1.29% |
+1.12% |
154th |
| 1997 |
1.24% |
−1.34% |
115th |
| 1994 |
1.99% |
+3.52% |
96th |
| 2016 |
0.98% |
+0.61% |
167th |
| 2015 |
0.37% |
+0.70% |
168th |
| 2014 |
-0.34% |
+0.95% |
144th |
| 2000 |
0.17% |
+1.29% |
124th |
| 2013 |
-1.29% |
+0.90% |
122nd |
| 2019 |
-2.50% |
−3.77% |
76th |
| 2012 |
-2.19% |
+2.77% |
101st |
| 2009 |
-1.81% |
−3.28% |
134th |
| 1999 |
-1.12% |
−0.64% |
98th |
| 1998 |
-0.48% |
−1.71% |
107th |
| 1993 |
-1.53% |
+4.74% |
70th |
| 1990 |
-2.74% |
−0.58% |
38th |
| 1989 |
-2.16% |
−0.28% |
26th |
| 1988 |
-1.88% |
+1.55% |
26th |
| 2025 |
-4.06% |
−0.46% |
129th |
| 2024 |
-3.61% |
−0.07% |
72nd |
| 2023 |
-3.54% |
+0.62% |
79th |
| 2022 |
-4.16% |
−0.66% |
69th |
| 2021 |
-3.50% |
+0.85% |
102nd |
| 2020 |
-4.35% |
−1.85% |
128th |
| 1987 |
-3.43% |
+1.90% |
15th |
| 2011 |
-4.96% |
+0.55% |
41st |
| 2010 |
-5.51% |
−3.70% |
38th |
| 1992 |
-6.27% |
−0.13% |
23rd |
| 1991 |
-6.14% |
−3.41% |
20th |
| 1986 |
-5.33% |
+1.64% |
11th |
| 1985 |
-6.97% |
– |
10th |
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