New Zealand Government Revenue
General government revenue as % of GDP GGR_NGDP
New Zealand's government revenue was 37.39% in 2025, ranked 49th globally. This represents a 2.3% decrease from 2024. Data from IMF WEO, covering 1985–2025.
Overview
New Zealand's government revenue stood at 37.39% in 2025, a decline of +0.86% from 2024. The IMF projects 37.39% by 2025. New Zealand ranked 49th globally.
New Zealand’s government revenue as a share of GDP has slipped from a post‑Cold‑War high of 46.86 in 1991 to a historic low of 36.30 in 2019, before modestly rebounding to 37.39 in 2025, placing the country 49th globally. Over the 41‑year series, the downward swing reflects a combination of tax‑base erosion, demographic ageing and the fiscal pressures of the COVID‑19 pandemic, which prompted expansive fiscal stimulus and temporary tax reliefs. The 2025 figure is virtually identical to Japan’s 37.38 and marginally below Israel’s 37.42, underscoring a convergence among advanced economies facing similar revenue‑raising constraints. While the recent uptick suggests a partial recovery, sustaining a higher revenue ratio will likely depend on structural reforms such as broadening the tax base, improving compliance and adapting to digitalisation in the economy; absent such measures, the trajectory may remain flat or revert to previous lows.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 36.92% | - | - |
| 2029* IMF | 37.65% | - | - |
| 2028* IMF | 37.48% | - | - |
| 2027* IMF | 37.35% | - | - |
| 2026* IMF | 37.23% | - | - |
| 2025* IMF | 37.39% | - | - |
| 2025 | 37.39% | −0.86% | #49 |
| 2024 | 38.26% | +0.58% | #50 |
| 2023 | 37.68% | +0.03% | #49 |
| 2022 | 37.65% | −0.73% | #49 |
| 2021 | 38.38% | +0.71% | #42 |
| 2020 | 37.67% | +1.37% | #45 |
| 2019 | 36.30% | −1.05% | #49 |
| 2018 | 37.35% | +0.41% | #49 |
| 2017 | 36.94% | −0.45% | #46 |
| 2016 | 37.39% | −0.17% | #44 |
| 2015 | 37.56% | +0.24% | #43 |
| 2014 | 37.32% | +0.01% | #52 |
| 2013 | 37.32% | −0.20% | #54 |
| 2012 | 37.52% | +0.11% | #53 |
| 2011 | 37.40% | −0.01% | #49 |
Analysis
New Zealand's government revenue was 37.39% in 2025, a decline of −0.86% from 2024. IMF projects 37.39% by 2025.
Frequently Asked Questions
New Zealand's government revenue was 37.39% in 2025. Ranked 49th globally. This represents a 2.3% decrease from the previous year.
New Zealand's government revenue peaked at 46.86% in 1991.
The lowest government revenue in New Zealand was 36.30% in 2019.
New Zealand ranks 49th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
New Zealand's government revenue is projected to reach 37.39% by 2025 based on IMF projection.
The government revenue of New Zealand in 2025 was 37.39%. This ranks 49th in the world.
Cite this page
@misc{historysaid_new-zealand_government-revenue,
title = {New Zealand Government Revenue},
url = {https://historysaid.com/new-zealand/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}