New Zealand Tax Revenue to GDP

29.5% +1.46 pt

Dec 2024 · Annual

Tax Revenue to GDP in New Zealand rose to 29.5% in Dec 2024 from 28.1% in Dec 2023.

New Zealand Tax Revenue to GDP, 2001–2024
ActualPreviousHighestLowestDatesFrequency
29.5%28.1%33.2%Dec 198724.5%Dec 19721972 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-3.9%-3.2%5.1%-7.0%Dec 2025Annual
Government Debt to GDP54.7%51.4%68.5%16.3%Dec 2025Annual

About this series

Tax Revenue to GDP in New Zealand averaged 28.4% from 1972 until 2024, reaching an all-time high of 33.2% in Dec 1987 and a record low of 24.5% in Dec 1972. The series is reported yearly with history from 1972.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

New Zealand Tax Revenue to GDP FAQ